DUBS vs. GOOY

Last updated Jul 14, 2026

DUBS (Aptus Large Cap Enhanced Yield ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, DUBS returned 25.42% vs 74.26% for GOOY. A 0.57 correlation means they provide meaningful diversification when combined. DUBS charges 0.39%/yr vs 0.99%/yr for GOOY.

Performance

DUBS vs. GOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Large Cap Enhanced Yield ETF (DUBS) and YieldMax GOOGL Option Income Strategy ETF (GOOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DUBS having a 12.09% return and GOOY slightly lower at 11.84%.

DUBS

• 1D: -0.78%
• 1M: 1.64%
• 6M: 10.34%
• YTD: 12.09%
• 1Y: 25.42%
• 3Y*: 20.18%
• 5Y*: —
• 10Y*: —

GOOY

• 1D: -0.76%
• 1M: -1.83%
• 6M: 6.79%
• YTD: 11.84%
• 1Y: 74.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DUBS vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DUBS Aptus Large Cap Enhanced Yield ETF	12.09%	19.28%	24.08%	3.94%
GOOY YieldMax GOOGL Option Income Strategy ETF	11.84%	53.95%	12.58%	-3.35%

Correlation

The correlation between DUBS and GOOY is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jul 28, 2023	0.57

The correlation between DUBS and GOOY has been stable across timeframes, ranging from 0.57 to 0.57 - a consistent structural relationship.

Return for Risk

DUBS vs. GOOY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DUBS

DUBS Risk / Return Rank: 76
DUBS Sharpe Ratio Rank: 75
DUBS Sortino Ratio Rank: 71
DUBS Omega Ratio Rank: 75
DUBS Calmar Ratio Rank: 75
DUBS Martin Ratio Rank: 85

GOOY

GOOY Risk / Return Rank: 93
GOOY Sharpe Ratio Rank: 95
GOOY Sortino Ratio Rank: 95
GOOY Omega Ratio Rank: 94
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DUBS vs. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Large Cap Enhanced Yield ETF (DUBS) 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.

	DUBS	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	1.89	3.12	-1.23
Sortino ratio: Return per unit of downside risk	2.56	4.27	-1.71
Omega ratio: Gain probability vs. loss probability	1.35	1.54	-0.19
Calmar ratio: Return relative to maximum drawdown	3.08	4.62	-1.54
Martin ratio: Return relative to average drawdown	13.50	14.68	-1.18

DUBS vs. GOOY - Sharpe Ratio Comparison

The current DUBS Sharpe Ratio is 1.89, which is lower than the GOOY Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of DUBS and GOOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DUBS vs. GOOY - Drawdown Comparison

The maximum DUBS drawdown since its inception was -18.48%, smaller than the maximum GOOY drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for DUBS and GOOY.

Drawdown Indicators

	DUBS	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-18.48%	-24.40%	+5.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-16.15%	+7.86%
Max Drawdown (3Y) Largest decline over 3 years	-18.48%	—	—
Current Drawdown Current decline from peak	-0.99%	-10.04%	+9.05%
Average Drawdown Average peak-to-trough decline	-1.95%	-6.34%	+4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	5.07%	-3.18%

Volatility

DUBS vs. GOOY - Volatility Comparison

The current volatility for Aptus Large Cap Enhanced Yield ETF (DUBS) is 4.22%, while YieldMax GOOGL Option Income Strategy ETF (GOOY) has a volatility of 7.90%. This indicates that DUBS experiences smaller price fluctuations and is considered to be less risky than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUBS	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	7.90%	-3.68%
Volatility (6M) Calculated over the trailing 6-month period	10.75%	18.29%	-7.54%
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	23.99%	-10.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	23.42%	-8.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	23.42%	-8.77%

DUBS vs. GOOY - Expense Ratio Comparison

DUBS has a 0.39% expense ratio, which is lower than GOOY's 0.99% expense ratio.

Dividends

DUBS vs. GOOY - Dividend Comparison

DUBS's dividend yield for the trailing twelve months is around 2.00%, less than GOOY's 51.96% yield.

Position	TTM	2025	2024	2023
DUBS Aptus Large Cap Enhanced Yield ETF	2.00%	2.06%	2.52%	1.14%
GOOY YieldMax GOOGL Option Income Strategy ETF	51.96%	41.50%	36.74%	7.90%

Frequently Asked Questions

Can I hold both DUBS and GOOY in my portfolio?

DUBS and GOOY have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUBS or GOOY?

GOOY has higher volatility (7.90%) compared to DUBS (4.22%). In terms of maximum drawdown, DUBS dropped -18.48% vs GOOY's -24.40%.

Which ETF is better, DUBS or GOOY?

On 1-year performance, GOOY leads with 74.26% vs 25.42% for DUBS. On fees, DUBS is cheaper at 0.39% per year. On volatility, DUBS has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUBS or GOOY?

Over the 1-year period, GOOY has performed better with a 74.26% return vs 25.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUBS or GOOY?

DUBS is cheaper with a 0.39% expense ratio, compared with 0.99% for GOOY.

Which ETF pays a higher dividend yield, DUBS or GOOY?

GOOY has the higher dividend yield at 51.96%, compared with 2.00% for DUBS.

What is the main difference between DUBS and GOOY?

They also come from different issuers: Aptus and YieldMax. Their fees differ too: 0.39% for DUBS and 0.99% for GOOY.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (3.12 vs 1.89), 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.