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

Key characteristics


GOOPSPY
YTD Return25.34%26.49%
1Y Return31.94%38.06%
Sharpe Ratio1.683.11
Sortino Ratio2.214.14
Omega Ratio1.311.58
Calmar Ratio1.704.54
Martin Ratio4.7820.57
Ulcer Index6.81%1.86%
Daily Std Dev19.35%12.29%
Max Drawdown-19.16%-55.19%
Current Drawdown-2.65%0.00%

Correlation

-0.50.00.51.00.5

The correlation between GOOP and SPY is 0.54, 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. SPY - Performance Comparison

The year-to-date returns for both investments are quite close, with GOOP having a 25.34% return and SPY slightly higher at 26.49%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.50%
15.07%
GOOP
SPY

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GOOP vs. SPY - Expense Ratio Comparison

GOOP has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.


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 SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

GOOP vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) and SPDR S&P 500 ETF (SPY). 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
Sharpe ratio
The chart of Sharpe ratio for GOOP, currently valued at 1.68, compared to the broader market-2.000.002.004.006.001.68
Sortino ratio
The chart of Sortino ratio for GOOP, currently valued at 2.21, compared to the broader market-2.000.002.004.006.008.0010.0012.002.21
Omega ratio
The chart of Omega ratio for GOOP, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for GOOP, currently valued at 1.70, compared to the broader market0.005.0010.0015.001.70
Martin ratio
The chart of Martin ratio for GOOP, currently valued at 4.78, compared to the broader market0.0020.0040.0060.0080.00100.004.78
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 3.11, compared to the broader market-2.000.002.004.006.003.11
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 4.14, compared to the broader market-2.000.002.004.006.008.0010.0012.004.14
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 4.54, compared to the broader market0.005.0010.0015.004.54
Martin ratio
The chart of Martin ratio for SPY, currently valued at 20.57, compared to the broader market0.0020.0040.0060.0080.00100.0020.57

GOOP vs. SPY - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 1.68, which is lower than the SPY Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of GOOP and SPY, 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 Ratio1.502.002.503.0012 PMSat 0212 PMNov 0312 PMMon 0412 PMTue 0512 PMWed 0612 PMThu 07
1.68
3.11
GOOP
SPY

Dividends

GOOP vs. SPY - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.51%, more than SPY's 1.18% yield.


TTM20232022202120202019201820172016201520142013
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
12.51%2.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.18%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

GOOP vs. SPY - Drawdown Comparison

The maximum GOOP drawdown since its inception was -19.16%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GOOP and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.65%
0
GOOP
SPY

Volatility

GOOP vs. SPY - Volatility Comparison

Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) has a higher volatility of 5.44% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.44%
3.95%
GOOP
SPY