GOOY vs. MSTY
Compare and contrast key facts about YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
GOOY and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOY or MSTY.
Correlation
The correlation between GOOY and MSTY is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GOOY vs. MSTY - Performance Comparison
Key characteristics
GOOY:
20.83%
MSTY:
79.48%
GOOY:
-17.54%
MSTY:
-33.16%
GOOY:
-0.03%
MSTY:
-16.86%
Returns By Period
In the year-to-date period, GOOY achieves a 4.82% return, which is significantly lower than MSTY's 14.71% return.
GOOY
4.82%
2.28%
12.29%
13.17%
N/A
N/A
MSTY
14.71%
0.07%
65.89%
N/A
N/A
N/A
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GOOY vs. MSTY - Expense Ratio Comparison
Both GOOY and MSTY have an expense ratio of 0.99%.
Risk-Adjusted Performance
GOOY vs. MSTY — Risk-Adjusted Performance Rank
GOOY
MSTY
GOOY vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
Not enough dataDividends
GOOY vs. MSTY - Dividend Comparison
GOOY's dividend yield for the trailing twelve months is around 36.49%, less than MSTY's 106.62% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 36.49% | 36.74% | 7.90% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 106.62% | 104.56% | 0.00% |
Drawdowns
GOOY vs. MSTY - Drawdown Comparison
The maximum GOOY drawdown since its inception was -17.54%, smaller than the maximum MSTY drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for GOOY and MSTY. For additional features, visit the drawdowns tool.
Volatility
GOOY vs. MSTY - Volatility Comparison
The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 4.24%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 21.16%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.