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GOOP vs. GOOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GOOP vs. GOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and Alphabet Inc. (GOOG). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.30%
1.55%
GOOP
GOOG

Returns By Period

In the year-to-date period, GOOP achieves a 19.81% return, which is significantly lower than GOOG's 26.14% return.


GOOP

YTD

19.81%

1M

4.44%

6M

-0.64%

1Y

23.17%

5Y (annualized)

N/A

10Y (annualized)

N/A

GOOG

YTD

26.14%

1M

6.95%

6M

-0.13%

1Y

28.24%

5Y (annualized)

22.46%

10Y (annualized)

20.87%

Key characteristics


GOOPGOOG
Sharpe Ratio1.201.09
Sortino Ratio1.651.58
Omega Ratio1.231.21
Calmar Ratio1.231.30
Martin Ratio3.443.27
Ulcer Index6.86%8.82%
Daily Std Dev19.60%26.41%
Max Drawdown-19.16%-44.60%
Current Drawdown-6.95%-7.84%

Compare stocks, funds, or ETFs

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Correlation

-0.50.00.51.01.0

The correlation between GOOP and GOOG is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

GOOP vs. GOOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and Alphabet Inc. (GOOG). 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.


Sharpe ratio
The chart of Sharpe ratio for GOOP, currently valued at 1.20, compared to the broader market0.002.004.001.201.09
The chart of Sortino ratio for GOOP, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.0012.001.651.58
The chart of Omega ratio for GOOP, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.21
The chart of Calmar ratio for GOOP, currently valued at 1.23, compared to the broader market0.005.0010.0015.001.231.30
The chart of Martin ratio for GOOP, currently valued at 3.44, compared to the broader market0.0020.0040.0060.0080.00100.003.443.27
GOOP
GOOG

The current GOOP Sharpe Ratio is 1.20, which is comparable to the GOOG Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of GOOP and GOOG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.101.201.301.401.501.601.70Nov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19
1.20
1.09
GOOP
GOOG

Dividends

GOOP vs. GOOG - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 13.09%, more than GOOG's 0.23% yield.


TTM2023
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
12.16%2.07%
GOOG
Alphabet Inc.
0.23%0.00%

Drawdowns

GOOP vs. GOOG - Drawdown Comparison

The maximum GOOP drawdown since its inception was -19.16%, smaller than the maximum GOOG drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for GOOP and GOOG. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.95%
-7.84%
GOOP
GOOG

Volatility

GOOP vs. GOOG - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is 6.66%, while Alphabet Inc. (GOOG) has a volatility of 7.92%. This indicates that GOOP experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.66%
7.92%
GOOP
GOOG