GOOY vs. GOOG
GOOY (YieldMax GOOGL Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while GOOG (Alphabet Inc) is a stock. Over the past year, GOOY returned 83.09% vs 108.54% for GOOG. Their correlation of 0.95 suggests significant overlap in exposure.
Performance
GOOY vs. GOOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOOY achieves a 10.66% return, which is significantly lower than GOOG's 11.29% return.
GOOY
- 1D
- -4.57%
- 1M
- -7.70%
- YTD
- 10.66%
- 6M
- 11.63%
- 1Y
- 83.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOG
- 1D
- -5.08%
- 1M
- -8.01%
- YTD
- 11.29%
- 6M
- 12.18%
- 1Y
- 108.54%
- 3Y*
- 41.95%
- 5Y*
- 22.71%
- 10Y*
- 26.41%
GOOY vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 10.66% | 53.95% | 12.58% | -3.35% |
GOOG Alphabet Inc | 11.29% | 65.42% | 35.62% | 8.52% |
Correlation
The correlation between GOOY and GOOG is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2023 | 0.95 |
The correlation between GOOY and GOOG has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOOY vs. GOOG — Risk / Return Rank
GOOY
GOOG
GOOY vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and Alphabet Inc (GOOG). 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.
| GOOY | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.61 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.17 | 5.26 | -0.09 |
| Martin ratioReturn relative to average drawdown | 18.63 | 18.22 | +0.41 |
Loading charts...
Drawdowns
GOOY vs. GOOG - Drawdown Comparison
The maximum GOOY drawdown since its inception was -24.40%, smaller than the maximum GOOG drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for GOOY and GOOG.
Loading charts...
Drawdown Indicators
| GOOY | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.40% | -44.60% | +20.20% |
Max Drawdown (1Y)Largest decline over 1 year | -16.15% | -20.75% | +4.60% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.60% | — |
Current DrawdownCurrent decline from peak | -10.98% | -12.54% | +1.56% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -8.89% | +2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 5.98% | -1.50% |
Volatility
GOOY vs. GOOG - Volatility Comparison
The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 8.15%, while Alphabet Inc (GOOG) has a volatility of 9.64%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOOY | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 9.64% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.78% | 21.07% | -3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.69% | 29.15% | -5.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.44% | 31.30% | -7.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.44% | 29.09% | -5.65% |
Dividends
GOOY vs. GOOG - Dividend Comparison
GOOY's dividend yield for the trailing twelve months is around 52.19%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 52.19% | 41.50% | 36.74% | 7.90% |
Frequently Asked Questions
With a correlation of 0.98, GOOY and GOOG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
GOOG has higher volatility (9.64%) compared to GOOY (8.15%). In terms of maximum drawdown, GOOY dropped -24.40% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.75 vs 3.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GOOY and GOOG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer