PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GOOY vs. AMZY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GOOY vs. AMZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax AMZN Option Income Strategy ETF (AMZY). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-2.63%
4.79%
GOOY
AMZY

Returns By Period

In the year-to-date period, GOOY achieves a 9.36% return, which is significantly lower than AMZY's 30.74% return.


GOOY

YTD

9.36%

1M

3.92%

6M

-2.63%

1Y

6.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

AMZY

YTD

30.74%

1M

6.76%

6M

4.79%

1Y

36.43%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GOOYAMZY
Sharpe Ratio0.361.64
Sortino Ratio0.582.27
Omega Ratio1.081.31
Calmar Ratio0.412.27
Martin Ratio0.947.38
Ulcer Index7.61%5.04%
Daily Std Dev19.62%22.64%
Max Drawdown-17.54%-16.41%
Current Drawdown-7.35%-3.72%

Compare stocks, funds, or ETFs

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


GOOY vs. AMZY - Expense Ratio Comparison

Both GOOY and AMZY have an expense ratio of 0.99%.


GOOY
YieldMax GOOGL Option Income Strategy ETF
Expense ratio chart for GOOY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for AMZY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.5

The correlation between GOOY and AMZY is 0.53, 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.

Risk-Adjusted Performance

GOOY vs. AMZY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.


Sharpe ratio
The chart of Sharpe ratio for GOOY, currently valued at 0.36, compared to the broader market0.002.004.006.000.361.64
The chart of Sortino ratio for GOOY, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.0012.000.582.27
The chart of Omega ratio for GOOY, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.31
The chart of Calmar ratio for GOOY, currently valued at 0.41, compared to the broader market0.005.0010.0015.000.412.27
The chart of Martin ratio for GOOY, currently valued at 0.94, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.947.38
GOOY
AMZY

The current GOOY Sharpe Ratio is 0.36, which is lower than the AMZY Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of GOOY and AMZY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
0.36
1.64
GOOY
AMZY

Dividends

GOOY vs. AMZY - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 32.05%, less than AMZY's 36.88% yield.


TTM2023
GOOY
YieldMax GOOGL Option Income Strategy ETF
32.05%7.90%
AMZY
YieldMax AMZN Option Income Strategy ETF
36.88%9.90%

Drawdowns

GOOY vs. AMZY - Drawdown Comparison

The maximum GOOY drawdown since its inception was -17.54%, which is greater than AMZY's maximum drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for GOOY and AMZY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.35%
-3.72%
GOOY
AMZY

Volatility

GOOY vs. AMZY - Volatility Comparison

The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 5.80%, while YieldMax AMZN Option Income Strategy ETF (AMZY) has a volatility of 9.27%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.80%
9.27%
GOOY
AMZY