CVNY vs. GOOW
CVNY (YieldMax CVNA Option Income Strategy ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. At a 0.28 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
CVNY vs. GOOW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVNY achieves a -17.77% return, which is significantly lower than GOOW's 19.00% return.
CVNY
- 1D
- 1.22%
- 1M
- -12.46%
- YTD
- -17.77%
- 6M
- -13.65%
- 1Y
- -0.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOW
- 1D
- -1.36%
- 1M
- -9.44%
- YTD
- 19.00%
- 6M
- 14.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CVNY vs. GOOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CVNY YieldMax CVNA Option Income Strategy ETF | -17.77% | 26.69% |
GOOW Roundhill GOOGL WeeklyPay™ ETF | 19.00% | 75.51% |
Correlation
The correlation between CVNY and GOOW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025 | 0.28 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CVNY vs. GOOW — Risk / Return Rank
CVNY
GOOW
CVNY vs. GOOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax CVNA Option Income Strategy ETF (CVNY) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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.
| CVNY | GOOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.04 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | — | — |
| Martin ratioReturn relative to average drawdown | -0.04 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CVNY | GOOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 3.59 | -3.25 |
Drawdowns
CVNY vs. GOOW - Drawdown Comparison
The maximum CVNY drawdown since its inception was -43.27%, which is greater than GOOW's maximum drawdown of -24.88%. Use the drawdown chart below to compare losses from any high point for CVNY and GOOW.
Loading charts...
Drawdown Indicators
| CVNY | GOOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.27% | -24.88% | -18.39% |
Max Drawdown (1Y)Largest decline over 1 year | -36.27% | — | — |
Current DrawdownCurrent decline from peak | -26.00% | -10.51% | -15.49% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -4.84% | -8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.10% | — | — |
Volatility
CVNY vs. GOOW - Volatility Comparison
Loading charts...
Volatility by Period
| CVNY | GOOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.27% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 36.94% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.50% | 37.52% | +11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.19% | 37.52% | +20.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.19% | 37.52% | +20.67% |
CVNY vs. GOOW - Expense Ratio Comparison
Both CVNY and GOOW have an expense ratio of 0.99%.
Dividends
CVNY vs. GOOW - Dividend Comparison
CVNY's dividend yield for the trailing twelve months is around 107.17%, more than GOOW's 34.15% yield.
| Position | TTM | 2025 |
|---|---|---|
CVNY YieldMax CVNA Option Income Strategy ETF | 107.17% | 80.86% |
GOOW Roundhill GOOGL WeeklyPay™ ETF | 34.15% | 19.77% |
Frequently Asked Questions
CVNY and GOOW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CVNY and GOOW have the same expense ratio: 0.99% per year.
CVNY has the higher dividend yield at 107.17%, compared with 34.15% for GOOW.
They also come from different issuers: YieldMax and Roundhill.
Find the right allocation for CVNY and GOOW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer