CRDL vs. GDXY
CRDL (Cardiol Therapeutics Inc Class A) is a stock, while GDXY (YieldMax Gold Miners Option Income Strategy ETF) is Derivative Income fund managed by YieldMax. Over the past year, CRDL returned -7.26% vs 30.32% for GDXY. At a 0.23 correlation, their price movements are largely independent.
Performance
CRDL vs. GDXY - Performance Comparison
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Returns By Period
In the year-to-date period, CRDL achieves a 20.57% return, which is significantly higher than GDXY's -6.82% return.
CRDL
- 1D
- -5.74%
- 1M
- -16.06%
- YTD
- 20.57%
- 6M
- 23.74%
- 1Y
- -7.26%
- 3Y*
- 19.84%
- 5Y*
- -15.74%
- 10Y*
- —
GDXY
- 1D
- -2.47%
- 1M
- -2.37%
- YTD
- -6.82%
- 6M
- -3.09%
- 1Y
- 30.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRDL vs. GDXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CRDL Cardiol Therapeutics Inc Class A | 20.57% | -25.48% | -42.34% |
GDXY YieldMax Gold Miners Option Income Strategy ETF | -6.82% | 88.08% | -11.63% |
Correlation
The correlation between CRDL and GDXY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 22, 2024 | 0.23 |
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Return for Risk
CRDL vs. GDXY — Risk / Return Rank
CRDL
GDXY
CRDL vs. GDXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardiol Therapeutics Inc Class A (CRDL) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CRDL | GDXY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.10 | 0.83 | -0.94 |
Sortino ratioReturn per unit of downside risk | 0.37 | 1.18 | -0.81 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.17 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | -0.20 | 1.09 | -1.29 |
Martin ratioReturn relative to average drawdown | -0.30 | 2.77 | -3.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRDL | GDXY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.10 | 0.83 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.76 | -0.93 |
Drawdowns
CRDL vs. GDXY - Drawdown Comparison
The maximum CRDL drawdown since its inception was -92.71%, which is greater than GDXY's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for CRDL and GDXY.
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Drawdown Indicators
| CRDL | GDXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.71% | -28.03% | -64.68% |
Max Drawdown (1Y)Largest decline over 1 year | -39.87% | -28.03% | -11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -72.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -90.72% | — | — |
Current DrawdownCurrent decline from peak | -81.42% | -25.20% | -56.22% |
Average DrawdownAverage peak-to-trough decline | -68.96% | -6.40% | -62.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.96% | 10.96% | +16.00% |
Volatility
CRDL vs. GDXY - Volatility Comparison
The current volatility for Cardiol Therapeutics Inc Class A (CRDL) is 10.49%, while YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a volatility of 11.75%. This indicates that CRDL experiences smaller price fluctuations and is considered to be less risky than GDXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDL | GDXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.49% | 11.75% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 43.07% | 30.92% | +12.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.34% | 36.57% | +33.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.04% | 31.73% | +55.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.09% | 31.73% | +55.36% |
Dividends
CRDL vs. GDXY - Dividend Comparison
CRDL has not paid dividends to shareholders, while GDXY's dividend yield for the trailing twelve months is around 74.25%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRDL Cardiol Therapeutics Inc Class A | 0.00% | 0.00% | 0.00% |
GDXY YieldMax Gold Miners Option Income Strategy ETF | 74.25% | 52.13% | 23.91% |
Frequently Asked Questions
CRDL and GDXY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXY has higher volatility (11.75%) compared to CRDL (10.49%). In terms of maximum drawdown, CRDL dropped -92.71% vs GDXY's -28.03%.
GDXY currently has the higher Sharpe Ratio (0.83 vs -0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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