GOOY vs. SOXY

Last updated Aug 4, 2026

GOOY (YieldMax GOOGL Option Income Strategy ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Over the past year, GOOY returned 70.54% vs 95.22% for SOXY. Their 0.46 correlation means their historical movements had little consistent relationship. GOOY charges 0.99%/yr vs 1.06%/yr for SOXY.

Performance

GOOY vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOY achieves a 15.35% return, which is significantly lower than SOXY's 59.66% return.

GOOY

• 1D: 3.69%
• 1M: 1.69%
• 6M: 6.23%
• YTD: 15.35%
• 1Y: 70.54%
• 3Y*: 25.61%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.40%

SOXY

• 1D: 0.84%
• 1M: -11.28%
• 6M: 41.13%
• YTD: 59.66%
• 1Y: 95.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 59.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GOOY YieldMax GOOGL Option Income Strategy ETF	$5.33M	$4.69M	$7.86M
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.40M	$2.09M

GOOY vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GOOY YieldMax GOOGL Option Income Strategy ETF	15.35%	53.95%	6.84%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	59.66%	37.00%	-0.99%

Correlation

The correlation between GOOY and SOXY is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.46

Return for Risk

GOOY vs. SOXY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GOOY

GOOY Risk / Return Rank: 91
GOOY Sharpe Ratio Rank: 95
GOOY Sortino Ratio Rank: 94
GOOY Omega Ratio Rank: 93
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 84

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 92
SOXY Sortino Ratio Rank: 84
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GOOY vs. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	2.75	2.41	+0.34
Sortino ratio: Return per unit of downside risk	3.70	2.81	+0.88
Omega ratio: Gain probability vs. loss probability	1.48	1.38	+0.10
Calmar ratio: Return relative to maximum drawdown	4.01	3.35	+0.65
Martin ratio: Return relative to average drawdown	11.89	14.82	-2.93

GOOY vs. SOXY - Sharpe Ratio Comparison

The current GOOY Sharpe Ratio is 2.75, which is comparable to the SOXY Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of GOOY and SOXY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOOY vs. SOXY - Drawdown Comparison

The maximum GOOY drawdown since its inception was -24.40%, smaller than the maximum SOXY drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for GOOY and SOXY.

Drawdown Indicators

	GOOY	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-24.40%	-30.22%	+5.82%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-28.56%	+10.86%
Max Drawdown (3Y) Largest decline over 3 years	-24.40%	—	—
Current Drawdown Current decline from peak	-7.22%	-21.05%	+13.83%
Average Drawdown Average peak-to-trough decline	-6.46%	-5.53%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	6.45%	-0.50%

Volatility

GOOY vs. SOXY - Volatility Comparison

The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 10.94%, while YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a volatility of 17.94%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than SOXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOY	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.94%	17.94%	-7.00%
Volatility (6M) Calculated over the trailing 6-month period	20.74%	35.55%	-14.81%
Volatility (1Y) Calculated over the trailing 1-year period	25.85%	39.88%	-14.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.96%	39.26%	-15.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.96%	39.26%	-15.30%

GOOY vs. SOXY - Expense Ratio Comparison

GOOY has a 0.99% expense ratio, which is lower than SOXY's 1.06% expense ratio.

Dividends

GOOY vs. SOXY - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 53.13%, more than SOXY's 9.34% yield.

Position	TTM	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	53.13%	41.50%	36.74%	7.90%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.34%	11.47%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOY and SOXY in my portfolio?

GOOY and SOXY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOY or SOXY?

SOXY has higher volatility (17.94%) compared to GOOY (10.94%). In terms of maximum drawdown, GOOY dropped -24.40% vs SOXY's -30.22%.

Which ETF is better, GOOY or SOXY?

On 1-year performance, SOXY leads with 95.22% vs 70.54% for GOOY. On fees, GOOY is cheaper at 0.99% per year. On volatility, GOOY has been the lower-risk option at 10.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOY or SOXY?

Over the 1-year period, SOXY has performed better with a 95.22% return vs 70.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOY or SOXY?

GOOY is cheaper with a 0.99% expense ratio, compared with 1.06% for SOXY.

Which ETF pays a higher dividend yield, GOOY or SOXY?

GOOY has the higher dividend yield at 53.13%, compared with 9.34% for SOXY.

What is the main difference between GOOY and SOXY?

Their fees differ too: 0.99% for GOOY and 1.06% for SOXY.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (2.75 vs 2.41), 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.