GOOY vs. AAPL
Compare and contrast key facts about YieldMax GOOGL Option Income Strategy ETF (GOOY) and Apple Inc (AAPL).
GOOY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOY or AAPL.
Key characteristics
| GOOY | AAPL | |
|---|---|---|
| YTD Return | 9.40% | 18.46% |
| 1Y Return | 9.19% | 25.20% |
| Sharpe Ratio | 0.44 | 1.10 |
| Sortino Ratio | 0.67 | 1.70 |
| Omega Ratio | 1.10 | 1.21 |
| Calmar Ratio | 0.49 | 1.50 |
| Martin Ratio | 1.14 | 3.53 |
| Ulcer Index | 7.50% | 7.05% |
| Daily Std Dev | 19.34% | 22.55% |
| Max Drawdown | -17.54% | -81.80% |
| Current Drawdown | -7.32% | -3.92% |
Correlation
The correlation between GOOY and AAPL is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOOY vs. AAPL - Performance Comparison
In the year-to-date period, GOOY achieves a 9.40% return, which is significantly lower than AAPL's 18.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GOOY vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and Apple Inc (AAPL). 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.
Dividends
GOOY vs. AAPL - Dividend Comparison
GOOY's dividend yield for the trailing twelve months is around 32.04%, more than AAPL's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 32.04% | 7.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.44% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
GOOY vs. AAPL - Drawdown Comparison
The maximum GOOY drawdown since its inception was -17.54%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for GOOY and AAPL. For additional features, visit the drawdowns tool.
Volatility
GOOY vs. AAPL - Volatility Comparison
The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 4.77%, while Apple Inc (AAPL) has a volatility of 5.17%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.