GOOX vs. GOOY

Last updated Apr 2, 2026

Compare and contrast key facts about T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and YieldMax GOOGL Option Income Strategy ETF (GOOY).

GOOX and GOOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. GOOY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023.

Performance

GOOX vs. GOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and YieldMax GOOGL Option Income Strategy ETF (GOOY). The values are adjusted to include any dividend payments, if applicable.

GOOX vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GOOX T-Rex 2X Long Alphabet Daily Target ETF	-15.09%	121.41%	46.80%
GOOY YieldMax GOOGL Option Income Strategy ETF	-2.52%	53.95%	10.94%

Returns By Period

In the year-to-date period, GOOX achieves a -15.09% return, which is significantly lower than GOOY's -2.52% return.

GOOX

• 1D: 5.75%
• 1M: -8.54%
• YTD: -15.09%
• 6M: 32.03%
• 1Y: 184.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOY

• 1D: 2.68%
• 1M: -1.83%
• YTD: -2.52%
• 6M: 18.19%
• 1Y: 71.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOX vs. GOOY - Expense Ratio Comparison

GOOX has a 1.05% expense ratio, which is higher than GOOY's 0.99% expense ratio.

GOOX

T-Rex 2X Long Alphabet Daily Target ETF

GOOY

YieldMax GOOGL Option Income Strategy ETF

Return for Risk

GOOX vs. GOOY — Risk / Return Rank

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

GOOX

GOOX Risk / Return Rank: 96
GOOX Sharpe Ratio Rank: 97
GOOX Sortino Ratio Rank: 96
GOOX Omega Ratio Rank: 93
GOOX Calmar Ratio Rank: 97
GOOX Martin Ratio Rank: 96

GOOY

GOOY Risk / Return Rank: 96
GOOY Sharpe Ratio Rank: 97
GOOY Sortino Ratio Rank: 97
GOOY Omega Ratio Rank: 96
GOOY Calmar Ratio Rank: 96
GOOY Martin Ratio Rank: 96

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.

GOOX vs. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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.

	GOOX	GOOY	Difference
Sharpe ratio Return per unit of total volatility	3.03	2.91	+0.12
Sortino ratio Return per unit of downside risk	3.46	3.77	-0.31
Omega ratio Gain probability vs. loss probability	1.43	1.50	-0.07
Calmar ratio Return relative to maximum drawdown	4.99	4.62	+0.37
Martin ratio Return relative to average drawdown	18.01	18.18	-0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOX vs. GOOY - Sharpe Ratio Comparison

The current GOOX Sharpe Ratio is 3.03, which is comparable to the GOOY Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of GOOX and GOOY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GOOX	GOOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.03	2.91	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.88	+0.11

Correlation

The correlation between GOOX and GOOY is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GOOX vs. GOOY - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 0.36%, less than GOOY's 47.95% yield.

	TTM	2025	2024	2023
GOOX T-Rex 2X Long Alphabet Daily Target ETF	0.36%	0.30%	16.78%	0.00%
GOOY YieldMax GOOGL Option Income Strategy ETF	47.95%	41.50%	36.74%	7.90%

Drawdowns

GOOX vs. GOOY - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for GOOX and GOOY.

Drawdown Indicators

	GOOX	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-52.46%	-24.40%	-28.06%
Max Drawdown (1Y) Largest decline over 1 year	-38.98%	-16.15%	-22.83%
Current Drawdown Current decline from peak	-28.97%	-10.22%	-18.75%
Average Drawdown Average peak-to-trough decline	-17.66%	-6.50%	-11.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.79%	4.10%	+6.69%

Volatility

GOOX vs. GOOY - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 18.50% compared to YieldMax GOOGL Option Income Strategy ETF (GOOY) at 8.04%. This indicates that GOOX's price experiences larger fluctuations and is considered to be riskier than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOX	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.50%	8.04%	+10.46%
Volatility (6M) Calculated over the trailing 6-month period	39.23%	16.29%	+22.94%
Volatility (1Y) Calculated over the trailing 1-year period	61.39%	24.71%	+36.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.54%	22.90%	+36.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.54%	22.90%	+36.64%