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

Performance

GOOY vs. NVDY - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-7.52%
33.42%
GOOY
NVDY

Returns By Period

In the year-to-date period, GOOY achieves a 3.47% return, which is significantly lower than NVDY's 131.18% return.


GOOY

YTD

3.47%

1M

-2.72%

6M

-6.45%

1Y

0.95%

5Y (annualized)

N/A

10Y (annualized)

N/A

NVDY

YTD

131.18%

1M

4.07%

6M

36.09%

1Y

140.47%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GOOYNVDY
Sharpe Ratio-0.013.33
Sortino Ratio0.123.65
Omega Ratio1.021.52
Calmar Ratio-0.016.66
Martin Ratio-0.0222.12
Ulcer Index7.60%6.37%
Daily Std Dev20.15%42.36%
Max Drawdown-17.54%-21.19%
Current Drawdown-12.34%0.00%

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GOOY vs. NVDY - Expense Ratio Comparison

Both GOOY and NVDY 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 NVDY: 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

-0.50.00.51.00.3

The correlation between GOOY and NVDY is 0.31, 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.

Risk-Adjusted Performance

GOOY vs. NVDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax NVDA Option Income Strategy ETF (NVDY). 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 -0.01, compared to the broader market0.002.004.00-0.013.33
The chart of Sortino ratio for GOOY, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.000.123.65
The chart of Omega ratio for GOOY, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.52
The chart of Calmar ratio for GOOY, currently valued at -0.01, compared to the broader market0.005.0010.0015.00-0.016.66
The chart of Martin ratio for GOOY, currently valued at -0.02, compared to the broader market0.0020.0040.0060.0080.00100.00-0.0222.12
GOOY
NVDY

The current GOOY Sharpe Ratio is -0.01, which is lower than the NVDY Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of GOOY and NVDY, 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 Ratio0.001.002.003.004.00Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
-0.01
3.33
GOOY
NVDY

Dividends

GOOY vs. NVDY - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 33.87%, less than NVDY's 71.42% yield.


TTM2023
GOOY
YieldMax GOOGL Option Income Strategy ETF
33.87%7.90%
NVDY
YieldMax NVDA Option Income Strategy ETF
71.42%22.32%

Drawdowns

GOOY vs. NVDY - Drawdown Comparison

The maximum GOOY drawdown since its inception was -17.54%, smaller than the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for GOOY and NVDY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.34%
0
GOOY
NVDY

Volatility

GOOY vs. NVDY - Volatility Comparison

The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 7.52%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 8.53%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
7.52%
8.53%
GOOY
NVDY