GOOI.L vs. ISEM.L

Last updated Jun 5, 2026

GOOI.L (IncomeShares Alphabet (GOOG) Options ETP) and ISEM.L (IncomeShares Semiconductors Leaders ETP) are both Derivative Income funds. GOOI.L is actively managed, while ISEM.L is passively managed. At a 0.19 correlation, their price movements are largely independent. GOOI.L charges 0.55%/yr vs 0.45%/yr for ISEM.L.

Performance

GOOI.L vs. ISEM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Alphabet (GOOG) Options ETP (GOOI.L) and IncomeShares Semiconductors Leaders ETP (ISEM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GOOI.L is traded in USD, while ISEM.L is traded in GBp. To make them comparable, the ISEM.L values have been converted to USD using the latest available exchange rates.

Returns By Period

GOOI.L

• 1D: 1.82%
• 1M: -5.12%
• YTD: 8.11%
• 6M: 8.11%
• 1Y: 74.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ISEM.L

• 1D: -1.83%
• 1M: 24.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOI.L vs. ISEM.L - Yearly Performance Comparison

	2026 (YTD)
GOOI.L IncomeShares Alphabet (GOOG) Options ETP	15.29%
ISEM.L IncomeShares Semiconductors Leaders ETP	55.86%

Correlation

The correlation between GOOI.L and ISEM.L is 0.19, 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 Mar 27, 2026	0.19

Return for Risk

GOOI.L vs. ISEM.L — Risk / Return Rank

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

GOOI.L

GOOI.L Risk / Return Rank: 84
GOOI.L Sharpe Ratio Rank: 90
GOOI.L Sortino Ratio Rank: 87
GOOI.L Omega Ratio Rank: 80
GOOI.L Calmar Ratio Rank: 84
GOOI.L 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.

GOOI.L vs. ISEM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Alphabet (GOOG) Options ETP (GOOI.L) and IncomeShares Semiconductors Leaders ETP (ISEM.L). 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.

	GOOI.L	ISEM.L	Difference
Sharpe ratio: Return per unit of total volatility	3.01	—	—
Sortino ratio: Return per unit of downside risk	3.89	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.47	—	—
Martin ratio: Return relative to average drawdown	15.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GOOI.L	ISEM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	25.27	-23.60

Drawdowns

GOOI.L vs. ISEM.L - Drawdown Comparison

The maximum GOOI.L drawdown since its inception was -26.69%, which is greater than ISEM.L's maximum drawdown of -6.46%. Use the drawdown chart below to compare losses from any high point for GOOI.L and ISEM.L.

Drawdown Indicators

	GOOI.L	ISEM.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.69%	-6.46%	-20.23%
Max Drawdown (1Y) Largest decline over 1 year	-16.53%	—	—
Current Drawdown Current decline from peak	-8.37%	-1.83%	-6.54%
Average Drawdown Average peak-to-trough decline	-6.13%	-1.05%	-5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	—	—

Volatility

Volatility by Period

	GOOI.L	ISEM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.55%	44.03%	-19.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.95%	44.03%	-18.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.95%	44.03%	-18.08%

GOOI.L vs. ISEM.L - Expense Ratio Comparison

GOOI.L has a 0.55% expense ratio, which is higher than ISEM.L's 0.45% expense ratio.

Dividends

GOOI.L vs. ISEM.L - Dividend Comparison

GOOI.L's dividend yield for the trailing twelve months is around 22.56%, more than ISEM.L's 14.10% yield.

Position	TTM	2025	2024
GOOI.L IncomeShares Alphabet (GOOG) Options ETP	22.56%	11.19%	2.00%
ISEM.L IncomeShares Semiconductors Leaders ETP	14.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOI.L and ISEM.L in my portfolio?

GOOI.L and ISEM.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOI.L or ISEM.L?

On fees, ISEM.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOI.L or ISEM.L?

ISEM.L is cheaper with a 0.45% expense ratio, compared with 0.55% for GOOI.L.

What is the main difference between GOOI.L and ISEM.L?

They also come from different issuers: Leverage Shares and IncomeShares. Their fees differ too: 0.55% for GOOI.L and 0.45% for ISEM.L.