GOOW vs. GOOP

Last updated Jun 23, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and GOOP (Kurv Yield Premium Strategy Google ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.95 suggests significant overlap in exposure. Both charge a 0.99% expense ratio.

Performance

GOOW vs. GOOP - Performance Comparison

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

Returns By Period

In the year-to-date period, GOOW achieves a 11.40% return, which is significantly higher than GOOP's 9.46% return.

GOOW

• 1D: -6.40%
• 1M: -11.04%
• YTD: 11.40%
• 6M: 12.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOP

• 1D: -5.16%
• 1M: -9.57%
• YTD: 9.46%
• 6M: 10.88%
• 1Y: 90.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOW vs. GOOP - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	11.40%	71.16%
GOOP Kurv Yield Premium Strategy Google ETF	9.46%	52.47%

Correlation

The correlation between GOOW and GOOP is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.95

Return for Risk

GOOW vs. GOOP — Risk / Return Rank

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

GOOW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GOOP

GOOP Risk / Return Rank: 86
GOOP Sharpe Ratio Rank: 93
GOOP Sortino Ratio Rank: 91
GOOP Omega Ratio Rank: 89
GOOP Calmar Ratio Rank: 79
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.

GOOW vs. GOOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Kurv Yield Premium Strategy Google ETF (GOOP). 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.

	GOOW	GOOP	Difference
Sharpe ratio: Return per unit of total volatility	—	3.16	—
Sortino ratio: Return per unit of downside risk	—	4.12	—
Omega ratio: Gain probability vs. loss probability	—	1.54	—
Calmar ratio: Return relative to maximum drawdown	—	3.92	—
Martin ratio: Return relative to average drawdown	—	14.03	—

Drawdowns

GOOW vs. GOOP - Drawdown Comparison

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

Drawdown Indicators

	GOOW	GOOP	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-27.49%	+2.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.32%	—
Current Drawdown Current decline from peak	-16.22%	-14.18%	-2.04%
Average Drawdown Average peak-to-trough decline	-5.17%	-6.36%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.50%	—

Volatility

Volatility by Period

	GOOW	GOOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.91%	28.93%	+8.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.91%	26.19%	+11.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.91%	26.19%	+11.72%

GOOW vs. GOOP - Expense Ratio Comparison

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

Dividends

GOOW vs. GOOP - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 39.03%, more than GOOP's 12.96% yield.

Position	TTM	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	12.96%	11.79%	13.73%	2.06%
GOOW Roundhill GOOGL WeeklyPay™ ETF	39.03%	19.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOW and GOOP in my portfolio?

With a correlation of 0.95, GOOW and GOOP 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, GOOW or GOOP?

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, GOOW or GOOP?

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

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

GOOW has the higher dividend yield at 39.03%, compared with 12.96% for GOOP.

What is the main difference between GOOW and GOOP?

They also come from different issuers: Roundhill and Kurv.