GMEY vs. KO

Last updated Aug 6, 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. Their -0.06 correlation means they have often moved in opposite directions in the past.

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 -8.59% return, which is significantly lower than KO's 25.86% return.

GMEY

• 1D: -0.56%
• 1M: -13.24%
• 6M: -19.18%
• YTD: -8.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

KO

• 1D: 0.31%
• 1M: 4.66%
• 6M: 13.76%
• YTD: 25.86%
• 1Y: 29.31%
• 3Y*: 16.03%
• 5Y*: 12.19%
• 10Y*: 10.56%
• ALL TIME*: 12.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GMEY YieldMax GME Option Income Strategy ETF	$32.88K	$35.63K	$44.01K
KO The Coca-Cola Company	$1.65B	$1.48B	$1.47B

GMEY vs. KO - Yearly Performance Comparison

	2026 (YTD)	2025
GMEY YieldMax GME Option Income Strategy ETF	-8.59%	-15.02%
KO The Coca-Cola Company	25.86%	5.21%

Correlation

The correlation between GMEY and KO is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	-0.06

Return for Risk

GMEY vs. KO — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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: 86
KO Sharpe Ratio Rank: 85
KO Sortino Ratio Rank: 86
KO Omega Ratio Rank: 82
KO Calmar Ratio Rank: 90
KO Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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	—	1.58	—
Sortino ratio: Return per unit of downside risk	—	2.50	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.74	—
Martin ratio: Return relative to average drawdown	—	8.13	—

Drawdowns

GMEY vs. KO - Drawdown Comparison

The maximum GMEY drawdown since its inception was -31.17%, 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	-31.17%	-68.23%	+37.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.50%	—
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	-31.02%	-2.53%	-28.49%
Average Drawdown Average peak-to-trough decline	-17.65%	-16.06%	-1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.61%	—

Volatility

Volatility by Period

	GMEY	KO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.60%	18.59%	+11.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.60%	16.64%	+12.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.60%	18.42%	+11.18%

Dividends

GMEY vs. KO - Dividend Comparison

GMEY's dividend yield for the trailing twelve months is around 70.28%, more than KO's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMEY YieldMax GME Option Income Strategy ETF	70.28%	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	2.40%	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 -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.