PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GOOP vs. GOOY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GOOP vs. GOOY - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-4.01%
-6.46%
GOOP
GOOY

Returns By Period

In the year-to-date period, GOOP achieves a 14.66% return, which is significantly higher than GOOY's 3.47% return.


GOOP

YTD

14.66%

1M

-0.64%

6M

-4.01%

1Y

17.37%

5Y (annualized)

N/A

10Y (annualized)

N/A

GOOY

YTD

3.47%

1M

-2.72%

6M

-6.45%

1Y

0.95%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GOOPGOOY
Sharpe Ratio0.89-0.01
Sortino Ratio1.270.12
Omega Ratio1.171.02
Calmar Ratio0.93-0.01
Martin Ratio2.59-0.02
Ulcer Index6.89%7.60%
Daily Std Dev20.09%20.15%
Max Drawdown-19.16%-17.54%
Current Drawdown-10.94%-12.34%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GOOP vs. GOOY - Expense Ratio Comparison

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


GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
Expense ratio chart for GOOP: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for GOOY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.9

The correlation between GOOP and GOOY is 0.89, 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. GOOY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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 0.89, compared to the broader market0.002.004.000.89-0.01
The chart of Sortino ratio for GOOP, currently valued at 1.27, compared to the broader market-2.000.002.004.006.008.0010.0012.001.270.12
The chart of Omega ratio for GOOP, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.02
The chart of Calmar ratio for GOOP, currently valued at 0.93, compared to the broader market0.005.0010.0015.000.93-0.01
The chart of Martin ratio for GOOP, currently valued at 2.59, compared to the broader market0.0020.0040.0060.0080.00100.002.59-0.02
GOOP
GOOY

The current GOOP Sharpe Ratio is 0.89, which is higher than the GOOY Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of GOOP and GOOY, 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 Ratio0.000.501.001.50Nov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19Thu 21
0.89
-0.01
GOOP
GOOY

Dividends

GOOP vs. GOOY - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.71%, less than GOOY's 33.87% yield.


TTM2023
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
12.71%2.07%
GOOY
YieldMax GOOGL Option Income Strategy ETF
33.87%7.90%

Drawdowns

GOOP vs. GOOY - Drawdown Comparison

The maximum GOOP drawdown since its inception was -19.16%, which is greater than GOOY's maximum drawdown of -17.54%. Use the drawdown chart below to compare losses from any high point for GOOP and GOOY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.94%
-12.34%
GOOP
GOOY

Volatility

GOOP vs. GOOY - Volatility Comparison

Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) has a higher volatility of 7.97% compared to YieldMax GOOGL Option Income Strategy ETF (GOOY) at 7.52%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
7.97%
7.52%
GOOP
GOOY