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GOOY vs. GOOP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GOOY vs. GOOP - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-8.48%
-4.97%
GOOY
GOOP

Returns By Period

In the year-to-date period, GOOY achieves a 2.39% return, which is significantly lower than GOOP's 14.34% return.


GOOY

YTD

2.39%

1M

-2.49%

6M

-8.48%

1Y

-0.09%

5Y (annualized)

N/A

10Y (annualized)

N/A

GOOP

YTD

14.34%

1M

0.40%

6M

-4.96%

1Y

17.05%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GOOYGOOP
Sharpe Ratio-0.000.85
Sortino Ratio0.121.22
Omega Ratio1.021.17
Calmar Ratio-0.010.89
Martin Ratio-0.012.47
Ulcer Index7.63%6.92%
Daily Std Dev20.14%20.02%
Max Drawdown-17.54%-19.16%
Current Drawdown-13.25%-11.19%

Compare stocks, funds, or ETFs

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GOOY vs. GOOP - Expense Ratio Comparison

Both GOOY and GOOP 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 GOOP: 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

-0.50.00.51.00.9

The correlation between GOOY and GOOP is 0.89, 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.

Risk-Adjusted Performance

GOOY vs. GOOP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP). 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 -0.00, compared to the broader market0.002.004.00-0.000.85
The chart of Sortino ratio for GOOY, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.0012.000.121.22
The chart of Omega ratio for GOOY, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.17
The chart of Calmar ratio for GOOY, currently valued at -0.01, compared to the broader market0.005.0010.0015.0020.00-0.010.89
The chart of Martin ratio for GOOY, currently valued at -0.01, compared to the broader market0.0020.0040.0060.0080.00100.00-0.012.47
GOOY
GOOP

The current GOOY Sharpe Ratio is -0.00, which is lower than the GOOP Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of GOOY and GOOP, 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 Ratio0.000.501.001.50Nov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19Thu 21
-0.00
0.85
GOOY
GOOP

Dividends

GOOY vs. GOOP - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 34.22%, more than GOOP's 14.31% yield.


TTM2023
GOOY
YieldMax GOOGL Option Income Strategy ETF
34.22%7.90%
GOOP
Kurv Yield Premium Strategy Google (GOOGL) ETF
14.31%2.07%

Drawdowns

GOOY vs. GOOP - Drawdown Comparison

The maximum GOOY drawdown since its inception was -17.54%, smaller than the maximum GOOP drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for GOOY and GOOP. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-13.25%
-11.19%
GOOY
GOOP

Volatility

GOOY vs. GOOP - Volatility Comparison

YieldMax GOOGL Option Income Strategy ETF (GOOY) and Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) have volatilities of 7.58% and 7.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
7.58%
7.79%
GOOY
GOOP