GOOP vs. GOOG

Last updated Jun 4, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) is Derivative Income fund actively managed by Kurv, while GOOG (Alphabet Inc) is a stock. Over the past year, GOOP returned 93.82% vs 112.81% for GOOG. With a 0.97 correlation, they move nearly in lockstep.

Performance

GOOP vs. GOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Google ETF (GOOP) and Alphabet Inc (GOOG). 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 GOOG's 13.43% return.

GOOP

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

GOOG

• 1D: -0.76%
• 1M: -6.31%
• YTD: 13.43%
• 6M: 11.09%
• 1Y: 112.81%
• 3Y*: 42.00%
• 5Y*: 23.95%
• 10Y*: 25.80%

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

GOOP vs. GOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	12.36%	52.46%	27.67%	6.17%
GOOG Alphabet Inc	13.43%	65.42%	35.62%	7.21%

Correlation

The correlation between GOOP and GOOG is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023	0.97

The correlation between GOOP and GOOG has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

Return for Risk

GOOP vs. GOOG — 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

GOOG

GOOG Risk / Return Rank: 96
GOOG Sharpe Ratio Rank: 97
GOOG Sortino Ratio Rank: 98
GOOG Omega Ratio Rank: 96
GOOG Calmar Ratio Rank: 92
GOOG Martin Ratio Rank: 95

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. GOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google 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.

	GOOP	GOOG	Difference
Sharpe ratio Return per unit of total volatility	3.34	3.98	-0.64
Sortino ratio Return per unit of downside risk	4.35	5.35	-1.00
Omega ratio Gain probability vs. loss probability	1.57	1.64	-0.08
Calmar ratio Return relative to maximum drawdown	4.04	5.47	-1.42
Martin ratio Return relative to average drawdown	15.39	19.89	-4.50
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. GOOG - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 3.34, which is comparable to the GOOG Sharpe Ratio of 3.98. The chart below compares the historical Sharpe Ratios of GOOP and GOOG, 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	GOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.34	3.98	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.51	0.82	+0.69

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.

Drawdown Indicators

	GOOP	GOOG	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-44.60%	+17.11%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	-20.75%	-2.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.60%	—
Current Drawdown Current decline from peak	-11.90%	-10.87%	-1.03%
Average Drawdown Average peak-to-trough decline	-6.29%	-8.89%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.12%	5.69%	+0.43%

Volatility

GOOP vs. GOOG - Volatility Comparison

Kurv Yield Premium Strategy Google ETF (GOOP) has a higher volatility of 9.14% compared to Alphabet Inc (GOOG) at 8.08%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOP	GOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.14%	8.08%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	22.59%	20.16%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	28.30%	28.59%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.91%	31.10%	-5.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	28.99%	-3.08%

Dividends

GOOP vs. GOOG - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.25%, more than GOOG's 0.24% yield.

Position	TTM	2025	2024	2023
GOOG Alphabet Inc	0.24%	0.26%	0.32%	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 GOOG in my portfolio?

With a correlation of 0.97, GOOP and GOOG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GOOP or GOOG?

GOOP has higher volatility (9.14%) compared to GOOG (8.08%). In terms of maximum drawdown, GOOP dropped -27.49% vs GOOG's -44.60%.

Which has better risk-adjusted returns?

GOOG currently has the higher Sharpe Ratio (3.98 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.