GOOP vs. AAPY
Compare and contrast key facts about Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY).
GOOP and AAPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOP is an actively managed fund by Kurv. It was launched on Oct 30, 2023. AAPY is an actively managed fund by Kurv. It was launched on Oct 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOP or AAPY.
Performance
GOOP vs. AAPY - Performance Comparison
Returns By Period
In the year-to-date period, GOOP achieves a 21.43% return, which is significantly higher than AAPY's 11.73% return.
GOOP
21.43%
5.30%
0.81%
25.36%
N/A
N/A
AAPY
11.73%
-2.82%
13.35%
13.85%
N/A
N/A
Key characteristics
| GOOP | AAPY | |
|---|---|---|
| Sharpe Ratio | 1.35 | 0.82 |
| Sortino Ratio | 1.83 | 1.23 |
| Omega Ratio | 1.25 | 1.17 |
| Calmar Ratio | 1.37 | 1.10 |
| Martin Ratio | 3.83 | 2.82 |
| Ulcer Index | 6.83% | 4.98% |
| Daily Std Dev | 19.42% | 17.14% |
| Max Drawdown | -19.16% | -12.78% |
| Current Drawdown | -5.69% | -3.25% |
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GOOP vs. AAPY - Expense Ratio Comparison
Both GOOP and AAPY have an expense ratio of 0.99%.
Correlation
The correlation between GOOP and AAPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
GOOP vs. AAPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY). 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.
Dividends
GOOP vs. AAPY - Dividend Comparison
GOOP's dividend yield for the trailing twelve months is around 12.91%, more than AAPY's 11.81% yield.
| TTM | 2023 | |
|---|---|---|
GOOP Kurv Yield Premium Strategy Google (GOOGL) ETF | 12.91% | 2.07% |
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 11.81% | 2.17% |
Drawdowns
GOOP vs. AAPY - Drawdown Comparison
The maximum GOOP drawdown since its inception was -19.16%, which is greater than AAPY's maximum drawdown of -12.78%. Use the drawdown chart below to compare losses from any high point for GOOP and AAPY. For additional features, visit the drawdowns tool.
Volatility
GOOP vs. AAPY - Volatility Comparison
Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) has a higher volatility of 5.97% compared to Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) at 4.64%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than AAPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.