GOOP vs. UUP

Last updated Jul 14, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) and UUP (Invesco DB US Dollar Index Bullish Fund) are both exchange-traded funds - GOOP is a Derivative Income fund actively managed by Kurv, while UUP is a Currency fund tracking the Deutsche Bank Long US Dollar Index (USDX) Futures Index. GOOP is actively managed, while UUP is passively managed. Over the past year, GOOP returned 75.67% vs 8.28% for UUP. At a correlation of -0.12, they often move in opposite directions. GOOP charges 0.99%/yr vs 0.75%/yr for UUP.

Performance

GOOP vs. UUP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Google ETF (GOOP) and Invesco DB US Dollar Index Bullish Fund (UUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOP achieves a 10.04% return, which is significantly higher than UUP's 5.44% return.

GOOP

• 1D: -1.36%
• 1M: -2.33%
• 6M: 5.26%
• YTD: 10.04%
• 1Y: 75.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UUP

• 1D: 0.39%
• 1M: 1.97%
• 6M: 4.47%
• YTD: 5.44%
• 1Y: 8.28%
• 3Y*: 5.86%
• 5Y*: 5.89%
• 10Y*: 3.17%

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

GOOP vs. UUP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	10.04%	52.46%	27.67%	6.17%
UUP Invesco DB US Dollar Index Bullish Fund	5.44%	-4.99%	13.50%	-2.67%

Correlation

The correlation between GOOP and UUP is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.25
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	-0.12

The correlation between GOOP and UUP shifts across timeframes, from -0.25 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GOOP vs. UUP — 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: 92
GOOP Omega Ratio Rank: 90
GOOP Calmar Ratio Rank: 78
GOOP Martin Ratio Rank: 72

UUP

UUP Risk / Return Rank: 51
UUP Sharpe Ratio Rank: 50
UUP Sortino Ratio Rank: 50
UUP Omega Ratio Rank: 49
UUP Calmar Ratio Rank: 57
UUP Martin Ratio Rank: 47

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. UUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google ETF (GOOP) and Invesco DB US Dollar Index Bullish Fund (UUP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GOOP	UUP	Difference
Sharpe ratio: Return per unit of total volatility	2.59	1.38	+1.21
Sortino ratio: Return per unit of downside risk	3.57	1.99	+1.58
Omega ratio: Gain probability vs. loss probability	1.45	1.25	+0.20
Calmar ratio: Return relative to maximum drawdown	3.26	2.28	+0.98
Martin ratio: Return relative to average drawdown	10.54	6.26	+4.28

GOOP vs. UUP - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 2.59, which is higher than the UUP Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of GOOP and UUP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOOP vs. UUP - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for GOOP and UUP.

Drawdown Indicators

	GOOP	UUP	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-22.19%	-5.30%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	-3.65%	-19.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.24%	—
Current Drawdown Current decline from peak	-13.73%	-1.26%	-12.47%
Average Drawdown Average peak-to-trough decline	-6.50%	-8.88%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.20%	1.33%	+5.87%

Volatility

GOOP vs. UUP - Volatility Comparison

Kurv Yield Premium Strategy Google ETF (GOOP) has a higher volatility of 9.78% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 1.45%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOP	UUP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.78%	1.45%	+8.33%
Volatility (6M) Calculated over the trailing 6-month period	24.21%	4.34%	+19.87%
Volatility (1Y) Calculated over the trailing 1-year period	29.42%	6.03%	+23.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.25%	7.22%	+19.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.25%	6.90%	+19.35%

GOOP vs. UUP - Expense Ratio Comparison

GOOP has a 0.99% expense ratio, which is higher than UUP's 0.75% expense ratio.

Dividends

GOOP vs. UUP - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 12.89%, more than UUP's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOOP Kurv Yield Premium Strategy Google ETF	12.89%	11.79%	13.73%	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UUP Invesco DB US Dollar Index Bullish Fund	3.25%	3.43%	4.48%	6.44%	0.89%	0.00%	0.00%	2.03%	1.08%	0.10%

Frequently Asked Questions

Can I hold both GOOP and UUP in my portfolio?

GOOP and UUP have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOP or UUP?

GOOP has higher volatility (9.78%) compared to UUP (1.45%). In terms of maximum drawdown, GOOP dropped -27.49% vs UUP's -22.19%.

Which ETF is better, GOOP or UUP?

On 1-year performance, GOOP leads with 75.67% vs 8.28% for UUP. On fees, UUP is cheaper at 0.75% per year. On volatility, UUP has been the lower-risk option at 1.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOP or UUP?

Over the 1-year period, GOOP has performed better with a 75.67% return vs 8.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOP or UUP?

UUP is cheaper with a 0.75% expense ratio, compared with 0.99% for GOOP.

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

GOOP has the higher dividend yield at 12.89%, compared with 3.25% for UUP.

What is the main difference between GOOP and UUP?

GOOP is categorized as Derivative Income, while UUP is Currency. They also come from different issuers: Kurv and Invesco. Their fees differ too: 0.99% for GOOP and 0.75% for UUP.

Which has better risk-adjusted returns?

GOOP currently has the higher Sharpe Ratio (2.59 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.