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GDXY vs. SDY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GDXY and SDY is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

GDXY vs. SDY

Last updated May 30, 2025

Compare and contrast key facts about YieldMax Gold Miners Option Income Strategy ETF (GDXY) and SPDR S&P Dividend ETF (SDY).

GDXY and SDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDXY is managed by YieldMax. It was launched on May 20, 2024. SDY is a passively managed fund by State Street that tracks the performance of the S&P High Yield Dividend Aristocrats Index. It was launched on Nov 15, 2005.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDXY or SDY.

Performance

GDXY vs. SDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Gold Miners Option Income Strategy ETF (GDXY) and SPDR S&P Dividend ETF (SDY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GDXY:

0.76

SDY:

0.66

Sortino Ratio

GDXY:

1.09

SDY:

0.78

Omega Ratio

GDXY:

1.16

SDY:

1.10

Calmar Ratio

GDXY:

1.11

SDY:

0.49

Martin Ratio

GDXY:

2.80

SDY:

1.52

Ulcer Index

GDXY:

7.08%

SDY:

4.69%

Daily Std Dev

GDXY:

25.82%

SDY:

14.57%

Max Drawdown

GDXY:

-17.83%

SDY:

-54.75%

Current Drawdown

GDXY:

-4.24%

SDY:

-5.37%

Returns By Period

In the year-to-date period, GDXY achieves a 29.46% return, which is significantly higher than SDY's 2.36% return.

GDXY

YTD

29.46%

1M

0.90%

6M

22.12%

1Y

19.43%

3Y*

N/A

5Y*

N/A

10Y*

N/A

SDY

YTD

2.36%

1M

2.60%

6M

-5.21%

1Y

9.52%

3Y*

4.54%

5Y*

11.26%

10Y*

9.16%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

YieldMax Gold Miners Option Income Strategy ETF

SPDR S&P Dividend ETF

GDXY vs. SDY - Expense Ratio Comparison

GDXY has a 0.99% expense ratio, which is higher than SDY's 0.35% expense ratio.

GDXY
YieldMax Gold Miners Option Income Strategy ETF
SDY
SPDR S&P Dividend ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GDXY vs. SDY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GDXY
The Risk-Adjusted Performance Rank of GDXY is 6969
Overall Rank
The Sharpe Ratio Rank of GDXY is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of GDXY is 6363
Sortino Ratio Rank
The Omega Ratio Rank of GDXY is 6666
Omega Ratio Rank
The Calmar Ratio Rank of GDXY is 8282
Calmar Ratio Rank
The Martin Ratio Rank of GDXY is 6767
Martin Ratio Rank
SDY
The Risk-Adjusted Performance Rank of SDY is 4848
Overall Rank
The Sharpe Ratio Rank of SDY is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of SDY is 4343
Sortino Ratio Rank
The Omega Ratio Rank of SDY is 4141
Omega Ratio Rank
The Calmar Ratio Rank of SDY is 5151
Calmar Ratio Rank
The Martin Ratio Rank of SDY is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GDXY vs. SDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Gold Miners Option Income Strategy ETF (GDXY) and SPDR S&P Dividend ETF (SDY). 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.

The current GDXY Sharpe Ratio is 0.76, which is comparable to the SDY Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of GDXY and SDY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GDXY vs. SDY - Dividend Comparison

GDXY's dividend yield for the trailing twelve months is around 43.13%, more than SDY's 2.60% yield.

TTM20242023202220212020201920182017201620152014
GDXY
YieldMax Gold Miners Option Income Strategy ETF		43.13%23.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SDY
SPDR S&P Dividend ETF		2.60%2.56%2.64%2.55%2.63%2.85%2.45%2.73%4.69%3.30%6.20%4.74%

Drawdowns

GDXY vs. SDY - Drawdown Comparison

The maximum GDXY drawdown since its inception was -17.83%, smaller than the maximum SDY drawdown of -54.75%. Use the drawdown chart below to compare losses from any high point for GDXY and SDY.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GDXY vs. SDY - Volatility Comparison

YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a higher volatility of 9.71% compared to SPDR S&P Dividend ETF (SDY) at 4.48%. This indicates that GDXY's price experiences larger fluctuations and is considered to be riskier than SDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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