GOOP vs. GOOW

Last updated Jun 3, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.99% expense ratio.

Performance

GOOP vs. GOOW - Performance Comparison

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

Returns By Period

In the year-to-date period, GOOP achieves a 13.44% return, which is significantly lower than GOOW's 16.46% return.

GOOP

• 1D: -4.43%
• 1M: -6.77%
• YTD: 13.44%
• 6M: 13.38%
• 1Y: 93.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOW

• 1D: -5.04%
• 1M: -8.06%
• YTD: 16.46%
• 6M: 14.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOP vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
GOOP Kurv Yield Premium Strategy Google ETF	13.44%	48.00%
GOOW Roundhill GOOGL WeeklyPay™ ETF	16.46%	75.51%

Correlation

The correlation between GOOP and GOOW is 0.96 - 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 (All Time) Calculated using the full available price history since Jul 25, 2025	0.96

Return for Risk

GOOP vs. GOOW — Risk / Return Rank

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

GOOP

GOOP Risk / Return Rank: 85
GOOP Sharpe Ratio Rank: 92
GOOP Sortino Ratio Rank: 91
GOOP Omega Ratio Rank: 89
GOOP Calmar Ratio Rank: 76
GOOP Martin Ratio Rank: 76

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. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google ETF (GOOP) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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	GOOW	Difference
Sharpe ratio Return per unit of total volatility	3.32	—	—
Sortino ratio Return per unit of downside risk	4.33	—	—
Omega ratio Gain probability vs. loss probability	1.56	—	—
Calmar ratio Return relative to maximum drawdown	3.89	—	—
Martin ratio Return relative to average drawdown	14.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GOOP	GOOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	3.51	-1.98

Drawdowns

GOOP vs. GOOW - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, which is greater than GOOW's maximum drawdown of -24.88%. Use the drawdown chart below to compare losses from any high point for GOOP and GOOW.

Drawdown Indicators

	GOOP	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-24.88%	-2.61%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	—	—
Current Drawdown Current decline from peak	-11.06%	-12.41%	+1.35%
Average Drawdown Average peak-to-trough decline	-6.28%	-4.76%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.07%	—	—

Volatility

Volatility by Period

	GOOP	GOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.32%	37.44%	-9.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.92%	37.44%	-11.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.92%	37.44%	-11.52%

GOOP vs. GOOW - Expense Ratio Comparison

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

Dividends

GOOP vs. GOOW - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.13%, less than GOOW's 34.90% yield.

Position	TTM	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	12.13%	11.79%	13.73%	2.06%
GOOW Roundhill GOOGL WeeklyPay™ ETF	34.90%	19.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOP and GOOW in my portfolio?

With a correlation of 0.96, GOOP and GOOW 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 ETF is better, GOOP or GOOW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOP or GOOW?

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

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

GOOW has the higher dividend yield at 34.90%, compared with 12.13% for GOOP.

What is the main difference between GOOP and GOOW?

They also come from different issuers: Kurv and Roundhill.