CWY vs. GOOY
CWY (GraniteShares YieldBOOST CRWV ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. CWY charges 1.07%/yr vs 0.99%/yr for GOOY.
Performance
CWY vs. GOOY - Performance Comparison
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Returns By Period
CWY
- 1D
- -0.10%
- 1M
- -1.65%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOY
- 1D
- 4.36%
- 1M
- -6.82%
- YTD
- 11.48%
- 6M
- 11.18%
- 1Y
- 75.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CWY vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CWY GraniteShares YieldBOOST CRWV ETF | -0.32% |
GOOY YieldMax GOOGL Option Income Strategy ETF | -7.02% |
Correlation
The correlation between CWY and GOOY is 0.23, 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 May 26, 2026 | 0.23 |
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Return for Risk
CWY vs. GOOY — Risk / Return Rank
CWY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GOOY
CWY vs. GOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST CRWV ETF (CWY) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CWY | GOOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.54 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.71 | — |
| Martin ratioReturn relative to average drawdown | — | 15.85 | — |
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Drawdowns
CWY vs. GOOY - Drawdown Comparison
The maximum CWY drawdown since its inception was -4.40%, smaller than the maximum GOOY drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for CWY and GOOY.
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Drawdown Indicators
| CWY | GOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.40% | -24.40% | +20.00% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.15% | — |
Current DrawdownCurrent decline from peak | -3.24% | -10.33% | +7.09% |
Average DrawdownAverage peak-to-trough decline | -1.69% | -6.31% | +4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.79% | — |
Volatility
CWY vs. GOOY - Volatility Comparison
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Volatility by Period
| CWY | GOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 24.01% | -10.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.45% | 23.53% | -10.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.45% | 23.53% | -10.08% |
CWY vs. GOOY - Expense Ratio Comparison
CWY has a 1.07% expense ratio, which is higher than GOOY's 0.99% expense ratio.
Dividends
CWY vs. GOOY - Dividend Comparison
CWY's dividend yield for the trailing twelve months is around 7.95%, less than GOOY's 52.69% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CWY GraniteShares YieldBOOST CRWV ETF | 7.95% | 0.00% | 0.00% | 0.00% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 52.69% | 41.50% | 36.74% | 7.90% |
Frequently Asked Questions
CWY and GOOY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GOOY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GOOY is cheaper with a 0.99% expense ratio, compared with 1.07% for CWY.
GOOY has the higher dividend yield at 52.69%, compared with 7.95% for CWY.
They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for CWY and 0.99% for GOOY.
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