GDXY vs. SDY
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.
Correlation
The correlation between GDXY and SDY is 0.24, 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.
Performance
GDXY vs. SDY - Performance Comparison
Key characteristics
GDXY:
22.90%
SDY:
11.15%
GDXY:
-17.83%
SDY:
-54.75%
GDXY:
-1.16%
SDY:
-5.95%
Returns By Period
In the year-to-date period, GDXY achieves a 23.55% return, which is significantly higher than SDY's 1.73% return.
GDXY
23.55%
7.06%
6.56%
N/A
N/A
N/A
SDY
1.73%
-1.58%
-3.98%
6.40%
15.08%
9.19%
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GDXY vs. SDY - Expense Ratio Comparison
GDXY has a 0.99% expense ratio, which is higher than SDY's 0.35% expense ratio.
Risk-Adjusted Performance
GDXY vs. SDY — Risk-Adjusted Performance Rank
GDXY
SDY
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.
Not enough dataDividends
GDXY vs. SDY - Dividend Comparison
GDXY's dividend yield for the trailing twelve months is around 29.75%, more than SDY's 2.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 29.75% | 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 | 2.57% | 3.15% | 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. For additional features, visit the drawdowns tool.
Volatility
GDXY vs. SDY - Volatility Comparison
YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a higher volatility of 6.29% compared to SPDR S&P Dividend ETF (SDY) at 4.47%. 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.