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

Performance

GOOY vs. YMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-3.67%
14.91%
GOOY
YMAG

Returns By Period


GOOY

YTD

8.19%

1M

2.80%

6M

-3.36%

1Y

6.00%

5Y (annualized)

N/A

10Y (annualized)

N/A

YMAG

YTD

N/A

1M

6.57%

6M

15.71%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GOOYYMAG
Daily Std Dev19.63%19.28%
Max Drawdown-17.54%-14.27%
Current Drawdown-8.35%-1.87%

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GOOY vs. YMAG - Expense Ratio Comparison

GOOY has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.


YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs
Expense ratio chart for YMAG: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
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%

Correlation

-0.50.00.51.00.5

The correlation between GOOY and YMAG is 0.55, 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.

Risk-Adjusted Performance

GOOY vs. YMAG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GOOGL Option Income Strategy ETF (GOOY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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 0.30, compared to the broader market0.002.004.000.30
The chart of Sortino ratio for GOOY, currently valued at 0.50, compared to the broader market-2.000.002.004.006.008.0010.000.50
The chart of Omega ratio for GOOY, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.07
The chart of Calmar ratio for GOOY, currently valued at 0.33, compared to the broader market0.005.0010.0015.000.33
The chart of Martin ratio for GOOY, currently valued at 0.77, compared to the broader market0.0020.0040.0060.0080.00100.000.77
GOOY
YMAG

Chart placeholderNot enough data

Dividends

GOOY vs. YMAG - Dividend Comparison

GOOY's dividend yield for the trailing twelve months is around 32.39%, more than YMAG's 30.15% yield.


TTM2023
GOOY
YieldMax GOOGL Option Income Strategy ETF
32.39%7.90%
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs
30.15%0.00%

Drawdowns

GOOY vs. YMAG - Drawdown Comparison

The maximum GOOY drawdown since its inception was -17.54%, which is greater than YMAG's maximum drawdown of -14.27%. Use the drawdown chart below to compare losses from any high point for GOOY and YMAG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.35%
-1.87%
GOOY
YMAG

Volatility

GOOY vs. YMAG - Volatility Comparison

The current volatility for YieldMax GOOGL Option Income Strategy ETF (GOOY) is 5.72%, while YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a volatility of 6.16%. This indicates that GOOY experiences smaller price fluctuations and is considered to be less risky than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.72%
6.16%
GOOY
YMAG