GOOP vs. CHPY

Last updated Jun 4, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GOOP returned 93.82% vs 149.72% for CHPY. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

GOOP vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Google ETF (GOOP) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOP achieves a 12.36% return, which is significantly lower than CHPY's 85.77% return.

GOOP

• 1D: -0.95%
• 1M: -7.01%
• YTD: 12.36%
• 6M: 10.67%
• 1Y: 93.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOP vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
GOOP Kurv Yield Premium Strategy Google ETF	12.36%	88.96%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	85.77%	62.91%

Correlation

The correlation between GOOP and CHPY is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.46

Return for Risk

GOOP vs. CHPY — Risk / Return Rank

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

GOOP

GOOP Risk / Return Rank: 86
GOOP Sharpe Ratio Rank: 92
GOOP Sortino Ratio Rank: 91
GOOP Omega Ratio Rank: 88
GOOP Calmar Ratio Rank: 78
GOOP Martin Ratio Rank: 78

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

GOOP vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google ETF (GOOP) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.

	GOOP	CHPY	Difference
Sharpe ratio Return per unit of total volatility	3.34	5.47	-2.13
Sortino ratio Return per unit of downside risk	4.35	5.76	-1.41
Omega ratio Gain probability vs. loss probability	1.57	1.81	-0.24
Calmar ratio Return relative to maximum drawdown	4.04	12.38	-8.34
Martin ratio Return relative to average drawdown	15.39	47.28	-31.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOP vs. CHPY - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 3.34, which is lower than the CHPY Sharpe Ratio of 5.47. The chart below compares the historical Sharpe Ratios of GOOP and CHPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GOOP	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.34	5.47	-2.13
Sharpe Ratio (All Time) Calculated using the full available price history	1.51	4.83	-3.33

Drawdowns

GOOP vs. CHPY - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for GOOP and CHPY.

Drawdown Indicators

	GOOP	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-12.17%	-15.32%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	-12.17%	-11.15%
Current Drawdown Current decline from peak	-11.90%	0.00%	-11.90%
Average Drawdown Average peak-to-trough decline	-6.29%	-1.98%	-4.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.12%	3.18%	+2.94%

Volatility

GOOP vs. CHPY - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Google ETF (GOOP) is 9.14%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 11.23%. This indicates that GOOP experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOP	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.14%	11.23%	-2.09%
Volatility (6M) Calculated over the trailing 6-month period	22.59%	22.33%	+0.26%
Volatility (1Y) Calculated over the trailing 1-year period	28.30%	27.59%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.91%	33.17%	-7.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	33.17%	-7.26%

GOOP vs. CHPY - Expense Ratio Comparison

Both GOOP and CHPY have an expense ratio of 0.99%.

Dividends

GOOP vs. CHPY - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.25%, less than CHPY's 28.40% yield.

Position	TTM	2025	2024	2023
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%	0.00%	0.00%
GOOP Kurv Yield Premium Strategy Google ETF	12.25%	11.79%	13.73%	2.06%

Frequently Asked Questions

Can I hold both GOOP and CHPY in my portfolio?

GOOP and CHPY have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOP or CHPY?

CHPY has higher volatility (11.23%) compared to GOOP (9.14%). In terms of maximum drawdown, GOOP dropped -27.49% vs CHPY's -12.17%.

Which ETF is better, GOOP or CHPY?

On 1-year performance, CHPY leads with 149.72% vs 93.82% for GOOP. Both ETFs have the same 0.99% expense ratio. On volatility, GOOP has been the lower-risk option at 9.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOP or CHPY?

Over the 1-year period, CHPY has performed better with a 149.72% return vs 93.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOP or CHPY?

GOOP and CHPY have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, GOOP or CHPY?

CHPY has the higher dividend yield at 28.40%, compared with 12.25% for GOOP.

What is the main difference between GOOP and CHPY?

They also come from different issuers: Kurv and YieldMax.

Which has better risk-adjusted returns?

CHPY currently has the higher Sharpe Ratio (5.47 vs 3.34), 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.