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

Performance

GOOP vs. GOOGL - 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. (GOOGL). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-4.97%
-5.62%
GOOP
GOOGL

Returns By Period

In the year-to-date period, GOOP achieves a 14.34% return, which is significantly lower than GOOGL's 18.24% return.


GOOP

YTD

14.34%

1M

0.40%

6M

-4.96%

1Y

17.05%

5Y (annualized)

N/A

10Y (annualized)

N/A

GOOGL

YTD

18.24%

1M

1.22%

6M

-5.61%

1Y

19.26%

5Y (annualized)

20.66%

10Y (annualized)

19.69%

Key characteristics


GOOPGOOGL
Sharpe Ratio0.850.71
Sortino Ratio1.221.13
Omega Ratio1.171.15
Calmar Ratio0.890.87
Martin Ratio2.472.16
Ulcer Index6.92%8.93%
Daily Std Dev20.02%27.09%
Max Drawdown-19.16%-65.29%
Current Drawdown-11.19%-13.71%

Compare stocks, funds, or ETFs

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Correlation

-0.50.00.51.01.0

The correlation between GOOP and GOOGL 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. GOOGL - 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. (GOOGL). 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 0.85, compared to the broader market0.002.004.000.850.71
The chart of Sortino ratio for GOOP, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.0012.001.221.13
The chart of Omega ratio for GOOP, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.15
The chart of Calmar ratio for GOOP, currently valued at 0.89, compared to the broader market0.005.0010.0015.0020.000.890.87
The chart of Martin ratio for GOOP, currently valued at 2.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.472.16
GOOP
GOOGL

The current GOOP Sharpe Ratio is 0.85, which is comparable to the GOOGL Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of GOOP and GOOGL, 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 Ratio0.801.001.201.401.601.80Nov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19Thu 21
0.85
0.71
GOOP
GOOGL

Dividends

GOOP vs. GOOGL - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 14.31%, more than GOOGL's 0.24% yield.


TTM2023
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
14.31%2.07%
GOOGL
Alphabet Inc.
0.24%0.00%

Drawdowns

GOOP vs. GOOGL - Drawdown Comparison

The maximum GOOP drawdown since its inception was -19.16%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for GOOP and GOOGL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.19%
-13.71%
GOOP
GOOGL

Volatility

GOOP vs. GOOGL - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is 7.79%, while Alphabet Inc. (GOOGL) has a volatility of 9.49%. This indicates that GOOP experiences smaller price fluctuations and is considered to be less risky than GOOGL 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
7.79%
9.49%
GOOP
GOOGL