GOOY vs. NVDY
Compare and contrast key facts about YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
GOOY and NVDY 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. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOY or NVDY.
Correlation
The correlation between GOOY and NVDY is 0.59, 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.
Performance
GOOY vs. NVDY - Performance Comparison
Loading data...
Key characteristics
GOOY:
-0.35
NVDY:
0.38
GOOY:
-0.28
NVDY:
0.76
GOOY:
0.96
NVDY:
1.11
GOOY:
-0.34
NVDY:
0.49
GOOY:
-0.77
NVDY:
1.27
GOOY:
10.70%
NVDY:
13.29%
GOOY:
24.97%
NVDY:
48.15%
GOOY:
-24.40%
NVDY:
-34.09%
GOOY:
-17.98%
NVDY:
-21.25%
Returns By Period
In the year-to-date period, GOOY achieves a -11.71% return, which is significantly higher than NVDY's -15.02% return.
GOOY
-11.71%
1.00%
-9.15%
-8.63%
N/A
N/A
NVDY
-15.02%
4.77%
-19.64%
18.01%
N/A
N/A
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. NVDY - Expense Ratio Comparison
Both GOOY and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
GOOY vs. NVDY — Risk-Adjusted Performance Rank
GOOY
NVDY
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.
Loading data...
Dividends
GOOY vs. NVDY - Dividend Comparison
GOOY's dividend yield for the trailing twelve months is around 42.36%, less than NVDY's 102.73% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 42.36% | 36.74% | 7.90% |
NVDY YieldMax NVDA Option Income Strategy ETF | 102.73% | 83.65% | 22.32% |
Drawdowns
GOOY vs. NVDY - Drawdown Comparison
The maximum GOOY drawdown since its inception was -24.40%, smaller than the maximum NVDY drawdown of -34.09%. Use the drawdown chart below to compare losses from any high point for GOOY and NVDY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
GOOY vs. NVDY - Volatility Comparison
Loading data...