GMEY vs. GOOY
GMEY (YieldMax GME Option Income Strategy ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
GMEY vs. GOOY - Performance Comparison
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Returns By Period
In the year-to-date period, GMEY achieves a 0.95% return, which is significantly lower than GOOY's 6.83% return.
GMEY
- 1D
- -1.56%
- 1M
- -1.31%
- YTD
- 0.95%
- 6M
- -5.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOY
- 1D
- -1.94%
- 1M
- -11.98%
- YTD
- 6.83%
- 6M
- 6.54%
- 1Y
- 71.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GMEY vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GMEY YieldMax GME Option Income Strategy ETF | 0.95% | -15.02% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 6.83% | 24.83% |
Correlation
The correlation between GMEY and GOOY is 0.22, 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 Sep 9, 2025 | 0.22 |
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Return for Risk
GMEY vs. GOOY — Risk / Return Rank
GMEY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GOOY
GMEY vs. GOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax GME Option Income Strategy ETF (GMEY) 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.
| GMEY | GOOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.52 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.47 | — |
| Martin ratioReturn relative to average drawdown | — | 15.16 | — |
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Drawdowns
GMEY vs. GOOY - Drawdown Comparison
The maximum GMEY drawdown since its inception was -25.67%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for GMEY and GOOY.
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Drawdown Indicators
| GMEY | GOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.67% | -24.40% | -1.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.15% | — |
Current DrawdownCurrent decline from peak | -23.82% | -14.07% | -9.75% |
Average DrawdownAverage peak-to-trough decline | -16.91% | -6.31% | -10.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.75% | — |
Volatility
GMEY vs. GOOY - Volatility Comparison
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Volatility by Period
| GMEY | GOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.77% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.31% | 23.67% | +4.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.31% | 23.41% | +4.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.31% | 23.41% | +4.90% |
GMEY vs. GOOY - Expense Ratio Comparison
Both GMEY and GOOY have an expense ratio of 0.99%.
Dividends
GMEY vs. GOOY - Dividend Comparison
GMEY's dividend yield for the trailing twelve months is around 56.84%, more than GOOY's 54.99% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GMEY YieldMax GME Option Income Strategy ETF | 56.84% | 21.84% | 0.00% | 0.00% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 54.99% | 41.50% | 36.74% | 7.90% |
Frequently Asked Questions
GMEY and GOOY have a correlation of 0.22, 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.
GMEY and GOOY have the same expense ratio: 0.99% per year.
GMEY has the higher dividend yield at 56.84%, compared with 54.99% for GOOY.
Find the right allocation for GMEY and GOOY
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