GMEY vs. KO

Last updated Jun 26, 2026

GMEY (YieldMax GME Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while KO (The Coca-Cola Company) is a stock. At a correlation of -0.09, they often move in opposite directions.

Performance

GMEY vs. KO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax GME Option Income Strategy ETF (GMEY) and The Coca-Cola Company (KO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMEY achieves a 0.95% return, which is significantly lower than KO's 19.78% return.

GMEY

• 1D: -1.56%
• 1M: -1.31%
• YTD: 0.95%
• 6M: -5.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KO

• 1D: 2.75%
• 1M: 1.89%
• YTD: 19.78%
• 6M: 19.84%
• 1Y: 22.31%
• 3Y*: 13.89%
• 5Y*: 12.02%
• 10Y*: 9.84%

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

GMEY vs. KO - Yearly Performance Comparison

	2026 (YTD)	2025
GMEY YieldMax GME Option Income Strategy ETF	0.95%	-15.02%
KO The Coca-Cola Company	19.78%	5.21%

Correlation

The correlation between GMEY and KO is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	-0.09

Return for Risk

GMEY vs. KO — Risk / Return Rank

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

GMEY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

KO

KO Risk / Return Rank: 79
KO Sharpe Ratio Rank: 80
KO Sortino Ratio Rank: 79
KO Omega Ratio Rank: 73
KO Calmar Ratio Rank: 84
KO Martin Ratio Rank: 79

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.

GMEY vs. KO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GME Option Income Strategy ETF (GMEY) and The Coca-Cola Company (KO). 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	KO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.33	—
Sortino ratio: Return per unit of downside risk	—	2.13	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.85	—
Martin ratio: Return relative to average drawdown	—	5.64	—

Drawdowns

GMEY vs. KO - Drawdown Comparison

The maximum GMEY drawdown since its inception was -25.67%, smaller than the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for GMEY and KO.

Drawdown Indicators

	GMEY	KO	Difference
Max Drawdown Largest peak-to-trough decline	-25.67%	-68.23%	+42.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.99%	—
Current Drawdown Current decline from peak	-23.82%	-0.51%	-23.31%
Average Drawdown Average peak-to-trough decline	-16.91%	-16.08%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.96%	—

Volatility

Volatility by Period

	GMEY	KO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.31%	16.88%	+11.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.31%	16.20%	+12.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.31%	18.25%	+10.06%

Dividends

GMEY vs. KO - Dividend Comparison

GMEY's dividend yield for the trailing twelve months is around 56.84%, more than KO's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMEY YieldMax GME Option Income Strategy ETF	56.84%	21.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KO The Coca-Cola Company	2.52%	2.92%	3.12%	3.12%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%

Frequently Asked Questions

Can I hold both GMEY and KO in my portfolio?

GMEY and KO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.