GOOW vs. IOYY

Last updated Jul 12, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and IOYY (GraniteShares YieldBOOST IONQ ETF) are both Derivative Income funds. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. GOOW charges 0.99%/yr vs 1.07%/yr for IOYY.

Performance

GOOW vs. IOYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) and GraniteShares YieldBOOST IONQ ETF (IOYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOW achieves a 14.21% return, which is significantly higher than IOYY's -17.91% return.

GOOW

• 1D: -0.61%
• 1M: -1.19%
• 6M: 7.54%
• YTD: 14.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IOYY

• 1D: -0.85%
• 1M: -6.25%
• 6M: -24.90%
• YTD: -17.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOW vs. IOYY - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	14.21%	11.72%
IOYY GraniteShares YieldBOOST IONQ ETF	-17.91%	-13.50%

Correlation

The correlation between GOOW and IOYY is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.15

Return for Risk

GOOW vs. IOYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and GraniteShares YieldBOOST IONQ ETF (IOYY). 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.

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

Drawdowns

GOOW vs. IOYY - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, smaller than the maximum IOYY drawdown of -38.47%. Use the drawdown chart below to compare losses from any high point for GOOW and IOYY.

Drawdown Indicators

	GOOW	IOYY	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-38.47%	+13.59%
Current Drawdown Current decline from peak	-14.11%	-33.42%	+19.31%
Average Drawdown Average peak-to-trough decline	-5.68%	-24.01%	+18.33%

Volatility

Volatility by Period

	GOOW	IOYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	37.68%	32.34%	+5.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.68%	32.34%	+5.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.68%	32.34%	+5.34%

GOOW vs. IOYY - Expense Ratio Comparison

GOOW has a 0.99% expense ratio, which is lower than IOYY's 1.07% expense ratio.

Dividends

GOOW vs. IOYY - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 39.57%, less than IOYY's 159.98% yield.

Position	TTM	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	39.57%	19.77%
IOYY GraniteShares YieldBOOST IONQ ETF	159.98%	28.55%

Frequently Asked Questions

Can I hold both GOOW and IOYY in my portfolio?

GOOW and IOYY have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOW or IOYY?

On fees, GOOW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOW or IOYY?

GOOW is cheaper with a 0.99% expense ratio, compared with 1.07% for IOYY.

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

IOYY has the higher dividend yield at 159.98%, compared with 39.57% for GOOW.

What is the main difference between GOOW and IOYY?

They also come from different issuers: Roundhill and GraniteShares. Their fees differ too: 0.99% for GOOW and 1.07% for IOYY.