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GOOW vs. IYE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GOOW vs. IYE

Last updated Jul 18, 2026
Documentation

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and IYE (iShares U.S. Energy ETF) are both exchange-traded funds - GOOW is a Derivative Income fund actively managed by Roundhill, while IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index. GOOW is actively managed, while IYE is passively managed. At a correlation of -0.16, they often move in opposite directions. GOOW charges 0.99%/yr vs 0.42%/yr for IYE.

Performance

GOOW vs. IYE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) and iShares U.S. Energy ETF (IYE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GOOW achieves a 10.22% return, which is significantly lower than IYE's 30.18% return.

GOOW

1D
-2.35%
1M
-5.93%
6M
3.80%
YTD
10.22%
1Y
—
3Y*
—
5Y*
—
10Y*
—

IYE

1D
1.19%
1M
6.13%
6M
22.40%
YTD
30.18%
1Y
36.49%
3Y*
15.02%
5Y*
22.04%
10Y*
8.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOW vs. IYE - Yearly Performance Comparison

2026 (YTD)2025
GOOW
Roundhill GOOGL WeeklyPay™ ETF		10.22%71.16%
IYE
iShares U.S. Energy ETF		30.18%4.76%

Correlation

The correlation between GOOW and IYE is -0.16, 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 (All Time)
Calculated using the full available price history since Jul 24, 2025

-0.16

GOOW vs. IYE - Sectors Allocation Comparison

Sectors
GOOW
IYE

Communication Services

100.0%

-

Basic Materials

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

99.8%

Financial Services

-

0.1%

Healthcare

-

-

Industrials

-

0.0%

Real Estate

-

-

Technology

-

1.9%

Utilities

-

-

Communication Services

GOOW
100.0%
IYE

-

Basic Materials

GOOW

-

IYE

-

Consumer Cyclical

GOOW

-

IYE

-

Consumer Defensive

GOOW

-

IYE

-

Energy

GOOW

-

IYE
99.8%

Financial Services

GOOW

-

IYE
0.1%

Healthcare

GOOW

-

IYE

-

Industrials

GOOW

-

IYE
0.0%

Real Estate

GOOW

-

IYE

-

Technology

GOOW

-

IYE
1.9%

Utilities

GOOW

-

IYE

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill GOOGL WeeklyPay™ ETF

iShares U.S. Energy ETF

Often compared with GOOW:
GOOW vs. GOOYGOOW vs. GOOGLGOOW vs. GOOPGOOW vs. GOOGGOOW vs. AVGWGOOW vs. GDXWGOOW vs. PLTW
Often compared with IYE:
IYE vs. XLEIYE vs. VDEIYE vs. IXCIYE vs. FENYIYE vs. OIHIYE vs. IYHIYE vs. XOP

Return for Risk

GOOW vs. IYE — 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.

IYE
IYE Risk / Return Rank: 6262
Overall Rank
IYE Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IYE Sortino Ratio Rank: 6464
Sortino Ratio Rank
IYE Omega Ratio Rank: 6161
Omega Ratio Rank
IYE Calmar Ratio Rank: 6464
Calmar Ratio Rank
IYE Martin Ratio Rank: 5151
Martin Ratio Rank
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. IYE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and iShares U.S. Energy ETF (IYE). 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.

GOOWIYEDifference
Sharpe ratioReturn per unit of total volatility

—

1.80

—

Sortino ratioReturn per unit of downside risk

—

2.37

—

Omega ratioGain probability vs. loss probability

—

1.29

—

Calmar ratioReturn relative to maximum drawdown

—

2.52

—

Martin ratioReturn relative to average drawdown

—

6.71

—

GOOW vs. IYE - Sharpe Ratio Comparison

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Drawdowns

GOOW vs. IYE - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, smaller than the maximum IYE drawdown of -73.74%. Use the drawdown chart below to compare losses from any high point for GOOW and IYE.

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Drawdown Indicators

GOOWIYEDifference

Max Drawdown

Largest peak-to-trough decline

-24.88%

-73.74%

+48.86%

Max Drawdown (1Y)

Largest decline over 1 year

—

-14.54%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-20.37%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.61%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-68.59%

—

Current Drawdown

Current decline from peak

-17.11%

-7.01%

-10.10%

Average Drawdown

Average peak-to-trough decline

-5.86%

-19.32%

+13.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

5.45%

—

Volatility

GOOW vs. IYE - Volatility Comparison

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Volatility by Period

GOOWIYEDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.90%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

16.14%

—

Volatility (1Y)

Calculated over the trailing 1-year period

38.10%

20.41%

+17.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.10%

25.55%

+12.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.10%

29.50%

+8.60%

GOOW vs. IYE - Expense Ratio Comparison

GOOW has a 0.99% expense ratio, which is higher than IYE's 0.42% expense ratio.

Dividends

GOOW vs. IYE - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 42.35%, more than IYE's 2.18% yield.

PositionTTM20252024202320222021202020192018201720162015
GOOW
Roundhill GOOGL WeeklyPay™ ETF		42.35%19.77%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IYE
iShares U.S. Energy ETF		2.18%2.85%2.75%2.99%3.37%2.98%4.75%6.60%3.16%2.66%2.11%3.39%

Frequently Asked Questions

GOOW and IYE have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IYE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IYE is cheaper with a 0.42% expense ratio, compared with 0.99% for GOOW.

GOOW has the higher dividend yield at 42.35%, compared with 2.18% for IYE.

GOOW is categorized as Derivative Income, while IYE is Energy Equities. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.99% for GOOW and 0.42% for IYE.

Portfolio Optimizer

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