GOOP vs. OEF
Compare and contrast key facts about Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and iShares S&P 100 ETF (OEF).
GOOP and OEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOP is an actively managed fund by Kurv. It was launched on Oct 30, 2023. OEF is a passively managed fund by iShares that tracks the performance of the S&P 100 Index. It was launched on Oct 23, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOP or OEF.
Key characteristics
| GOOP | OEF | |
|---|---|---|
| YTD Return | 24.62% | 30.88% |
| 1Y Return | 32.40% | 42.43% |
| Sharpe Ratio | 1.61 | 3.09 |
| Sortino Ratio | 2.14 | 4.05 |
| Omega Ratio | 1.30 | 1.57 |
| Calmar Ratio | 1.63 | 4.23 |
| Martin Ratio | 4.58 | 18.83 |
| Ulcer Index | 6.81% | 2.19% |
| Daily Std Dev | 19.36% | 13.34% |
| Max Drawdown | -19.16% | -54.11% |
| Current Drawdown | -3.21% | 0.00% |
Correlation
The correlation between GOOP and OEF 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. OEF - Performance Comparison
In the year-to-date period, GOOP achieves a 24.62% return, which is significantly lower than OEF's 30.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GOOP vs. OEF - Expense Ratio Comparison
GOOP has a 0.99% expense ratio, which is higher than OEF's 0.20% expense ratio.
Risk-Adjusted Performance
GOOP vs. OEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and iShares S&P 100 ETF (OEF). 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.
Dividends
GOOP vs. OEF - Dividend Comparison
GOOP's dividend yield for the trailing twelve months is around 12.58%, more than OEF's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOP Kurv Yield Premium Strategy Google (GOOGL) ETF | 12.58% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OEF iShares S&P 100 ETF | 0.99% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% | 1.85% | 1.96% |
Drawdowns
GOOP vs. OEF - Drawdown Comparison
The maximum GOOP drawdown since its inception was -19.16%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for GOOP and OEF. For additional features, visit the drawdowns tool.
Volatility
GOOP vs. OEF - Volatility Comparison
Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) has a higher volatility of 5.54% compared to iShares S&P 100 ETF (OEF) at 4.34%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.