GOOY vs. VEA

Last updated Jun 16, 2026

GOOY (YieldMax GOOGL Option Income Strategy ETF) and VEA (Vanguard FTSE Developed Markets ETF) are both exchange-traded funds - GOOY is a Derivative Income fund actively managed by YieldMax, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. GOOY is actively managed, while VEA is passively managed. Over the past year, GOOY returned 84.81% vs 32.96% for VEA. At a 0.40 correlation, their price movements are largely independent. GOOY charges 0.99%/yr vs 0.03%/yr for VEA.

Performance

GOOY vs. VEA - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with GOOY having a 16.01% return and VEA slightly higher at 16.08%.

GOOY

• 1D: 1.84%
• 1M: -5.79%
• YTD: 16.01%
• 6M: 17.06%
• 1Y: 84.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEA

• 1D: 1.17%
• 1M: 4.79%
• YTD: 16.08%
• 6M: 17.35%
• 1Y: 32.96%
• 3Y*: 19.14%
• 5Y*: 9.87%
• 10Y*: 10.67%

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

GOOY vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	16.01%	53.95%	12.58%	-3.35%
VEA Vanguard FTSE Developed Markets ETF	16.08%	35.16%	3.15%	3.43%

Correlation

The correlation between GOOY and VEA is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jul 28, 2023	0.40

Return for Risk

GOOY vs. VEA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOOY

GOOY Risk / Return Rank: 93
GOOY Sharpe Ratio Rank: 96
GOOY Sortino Ratio Rank: 95
GOOY Omega Ratio Rank: 94
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 91

VEA

VEA Risk / Return Rank: 67
VEA Sharpe Ratio Rank: 69
VEA Sortino Ratio Rank: 67
VEA Omega Ratio Rank: 69
VEA Calmar Ratio Rank: 63
VEA Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOY vs. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and Vanguard FTSE Developed Markets ETF (VEA). 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	VEA	Difference
Sharpe ratio: Return per unit of total volatility	3.65	2.00	+1.65
Sortino ratio: Return per unit of downside risk	4.91	2.74	+2.17
Omega ratio: Gain probability vs. loss probability	1.62	1.36	+0.25
Calmar ratio: Return relative to maximum drawdown	5.28	2.85	+2.43
Martin ratio: Return relative to average drawdown	19.35	10.96	+8.39

GOOY vs. VEA - Sharpe Ratio Comparison

The current GOOY Sharpe Ratio is 3.65, which is higher than the VEA Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of GOOY and VEA, 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. VEA - Drawdown Comparison

The maximum GOOY drawdown since its inception was -24.40%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for GOOY and VEA.

Drawdown Indicators

	GOOY	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-24.40%	-60.68%	+36.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.15%	-11.63%	-4.52%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-6.68%	0.00%	-6.68%
Average Drawdown Average peak-to-trough decline	-6.27%	-13.27%	+7.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.40%	3.01%	+1.39%

Volatility

GOOY vs. VEA - Volatility Comparison

YieldMax GOOGL Option Income Strategy ETF (GOOY) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 6.60% and 6.92%, 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.

Volatility by Period

	GOOY	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	6.92%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	17.31%	14.42%	+2.89%
Volatility (1Y) Calculated over the trailing 1-year period	23.39%	16.58%	+6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.30%	16.73%	+6.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.30%	17.41%	+5.89%

GOOY vs. VEA - Expense Ratio Comparison

GOOY has a 0.99% expense ratio, which is higher than VEA's 0.03% expense ratio.

Dividends

GOOY vs. VEA - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 48.88%, more than VEA's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOOY YieldMax GOOGL Option Income Strategy ETF	48.88%	41.50%	36.74%	7.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.59%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both GOOY and VEA in my portfolio?

GOOY and VEA have a correlation of 0.47, 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 VEA?

VEA has higher volatility (6.92%) compared to GOOY (6.60%). In terms of maximum drawdown, GOOY dropped -24.40% vs VEA's -60.68%.

Which ETF is better, GOOY or VEA?

On 1-year performance, GOOY leads with 84.81% vs 32.96% for VEA. On fees, VEA is cheaper at 0.03% per year. On volatility, GOOY has been the lower-risk option at 6.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOY or VEA?

Over the 1-year period, GOOY has performed better with a 84.81% return vs 32.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOY or VEA?

VEA is cheaper with a 0.03% expense ratio, compared with 0.99% for GOOY.

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

GOOY has the higher dividend yield at 48.88%, compared with 2.59% for VEA.

What is the main difference between GOOY and VEA?

GOOY is categorized as Derivative Income, while VEA is Foreign Large Cap Equities. They also come from different issuers: YieldMax and Vanguard. Their fees differ too: 0.99% for GOOY and 0.03% for VEA.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (3.65 vs 2.00), 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.