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

Correlation

The correlation between GOOP and GOOG is 0.59, 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.


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.

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Key characteristics

Sharpe Ratio

GOOP:

-0.22

GOOG:

-0.13

Sortino Ratio

GOOP:

-0.03

GOOG:

0.12

Omega Ratio

GOOP:

1.00

GOOG:

1.01

Calmar Ratio

GOOP:

-0.15

GOOG:

-0.07

Martin Ratio

GOOP:

-0.34

GOOG:

-0.16

Ulcer Index

GOOP:

11.95%

GOOG:

13.66%

Daily Std Dev

GOOP:

26.72%

GOOG:

31.04%

Max Drawdown

GOOP:

-27.49%

GOOG:

-44.60%

Current Drawdown

GOOP:

-17.25%

GOOG:

-19.30%

Returns By Period

The year-to-date returns for both stocks are quite close, with GOOP having a -11.65% return and GOOG slightly lower at -11.98%.


GOOP

YTD

-11.65%

1M

7.36%

6M

-7.11%

1Y

-5.77%

5Y*

N/A

10Y*

N/A

GOOG

YTD

-11.98%

1M

7.67%

6M

-3.50%

1Y

-4.11%

5Y*

19.68%

10Y*

20.19%

*Annualized

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Risk-Adjusted Performance

GOOP vs. GOOG — Risk-Adjusted Performance Rank

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

GOOP
The Risk-Adjusted Performance Rank of GOOP is 1111
Overall Rank
The Sharpe Ratio Rank of GOOP is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOP is 1212
Sortino Ratio Rank
The Omega Ratio Rank of GOOP is 1212
Omega Ratio Rank
The Calmar Ratio Rank of GOOP is 99
Calmar Ratio Rank
The Martin Ratio Rank of GOOP is 1111
Martin Ratio Rank

GOOG
The Risk-Adjusted Performance Rank of GOOG is 4343
Overall Rank
The Sharpe Ratio Rank of GOOG is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOG is 3939
Sortino Ratio Rank
The Omega Ratio Rank of GOOG is 3939
Omega Ratio Rank
The Calmar Ratio Rank of GOOG is 4646
Calmar Ratio Rank
The Martin Ratio Rank of GOOG is 4747
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current GOOP Sharpe Ratio is -0.22, which is lower than the GOOG Sharpe Ratio of -0.13. 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.


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Dividends

GOOP vs. GOOG - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 18.42%, more than GOOG's 0.48% yield.


TTM20242023
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
18.42%13.73%2.07%
GOOG
Alphabet Inc
0.48%0.32%0.00%

Drawdowns

GOOP vs. GOOG - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, 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.


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Volatility

GOOP vs. GOOG - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is 10.23%, while Alphabet Inc (GOOG) has a volatility of 11.41%. 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.


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