GOLI vs. RDTY

Last updated Jul 21, 2026

GOLI (Defiance Gold Enhanced Options Income ETF) and RDTY (YieldMax™ R2000 0DTE Covered Call Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GOLI returned 2.02% vs 23.71% for RDTY. At a 0.18 correlation, their price movements are largely independent. GOLI charges 0.99%/yr vs 1.01%/yr for RDTY.

Performance

GOLI vs. RDTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Gold Enhanced Options Income ETF (GOLI) and YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOLI achieves a -10.95% return, which is significantly lower than RDTY's 18.88% return.

GOLI

• 1D: -0.13%
• 1M: -4.10%
• 6M: -14.97%
• YTD: -10.95%
• 1Y: 2.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.96%

RDTY

• 1D: -0.34%
• 1M: 1.91%
• 6M: 12.36%
• YTD: 18.88%
• 1Y: 23.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.35%

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

GOLI vs. RDTY - Yearly Performance Comparison

	2026 (YTD)	2025
GOLI Defiance Gold Enhanced Options Income ETF	-10.95%	15.16%
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	18.88%	12.26%

Correlation

The correlation between GOLI and RDTY is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Apr 2, 2025	0.18

The correlation between GOLI and RDTY shifts across timeframes, from 0.18 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GOLI vs. RDTY — Risk / Return Rank

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

GOLI

GOLI Risk / Return Rank: 12
GOLI Sharpe Ratio Rank: 12
GOLI Sortino Ratio Rank: 12
GOLI Omega Ratio Rank: 13
GOLI Calmar Ratio Rank: 12
GOLI Martin Ratio Rank: 12

RDTY

RDTY Risk / Return Rank: 59
RDTY Sharpe Ratio Rank: 54
RDTY Sortino Ratio Rank: 54
RDTY Omega Ratio Rank: 50
RDTY Calmar Ratio Rank: 70
RDTY Martin Ratio Rank: 66

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.

GOLI vs. RDTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GOLI) and YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY). 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.

	GOLI	RDTY	Difference
Sharpe ratio: Return per unit of total volatility	0.08	1.38	-1.30
Sortino ratio: Return per unit of downside risk	0.27	1.99	-1.72
Omega ratio: Gain probability vs. loss probability	1.04	1.24	-0.20
Calmar ratio: Return relative to maximum drawdown	0.08	2.59	-2.51
Martin ratio: Return relative to average drawdown	0.23	8.68	-8.45

GOLI vs. RDTY - Sharpe Ratio Comparison

The current GOLI Sharpe Ratio is 0.08, which is lower than the RDTY Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of GOLI and RDTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOLI vs. RDTY - Drawdown Comparison

The maximum GOLI drawdown since its inception was -25.88%, which is greater than RDTY's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for GOLI and RDTY.

Drawdown Indicators

	GOLI	RDTY	Difference
Max Drawdown Largest peak-to-trough decline	-25.88%	-17.31%	-8.57%
Max Drawdown (1Y) Largest decline over 1 year	-25.88%	-9.20%	-16.68%
Current Drawdown Current decline from peak	-20.81%	-0.85%	-19.96%
Average Drawdown Average peak-to-trough decline	-5.34%	-2.56%	-2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.76%	2.74%	+6.02%

Volatility

GOLI vs. RDTY - Volatility Comparison

Defiance Gold Enhanced Options Income ETF (GOLI) has a higher volatility of 6.04% compared to YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) at 4.07%. This indicates that GOLI's price experiences larger fluctuations and is considered to be riskier than RDTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOLI	RDTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	4.07%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	23.44%	13.21%	+10.23%
Volatility (1Y) Calculated over the trailing 1-year period	25.17%	17.28%	+7.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.17%	21.63%	+1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.17%	21.63%	+1.54%

GOLI vs. RDTY - Expense Ratio Comparison

GOLI has a 0.99% expense ratio, which is lower than RDTY's 1.01% expense ratio.

Dividends

GOLI vs. RDTY - Dividend Comparison

GOLI's dividend yield for the trailing twelve months is around 51.33%, more than RDTY's 43.10% yield.

Position	TTM	2025
GOLI Defiance Gold Enhanced Options Income ETF	51.33%	37.38%
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	43.10%	36.75%

Frequently Asked Questions

Can I hold both GOLI and RDTY in my portfolio?

GOLI and RDTY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOLI or RDTY?

GOLI has higher volatility (6.04%) compared to RDTY (4.07%). In terms of maximum drawdown, GOLI dropped -25.88% vs RDTY's -17.31%.

Which ETF is better, GOLI or RDTY?

On 1-year performance, RDTY leads with 23.71% vs 2.02% for GOLI. On fees, GOLI is cheaper at 0.99% per year. On volatility, RDTY has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOLI or RDTY?

Over the 1-year period, RDTY has performed better with a 23.71% return vs 2.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOLI or RDTY?

GOLI is cheaper with a 0.99% expense ratio, compared with 1.01% for RDTY.

Which ETF pays a higher dividend yield, GOLI or RDTY?

GOLI has the higher dividend yield at 51.33%, compared with 43.10% for RDTY.

What is the main difference between GOLI and RDTY?

They also come from different issuers: Defiance and YieldMax. Their fees differ too: 0.99% for GOLI and 1.01% for RDTY.

Which has better risk-adjusted returns?

RDTY currently has the higher Sharpe Ratio (1.38 vs 0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.