INVZ vs. GDXY
INVZ (Innoviz Technologies Ltd.) is a stock, while GDXY (YieldMax Gold Miners Option Income Strategy ETF) is Derivative Income fund managed by YieldMax. Over the past year, INVZ returned -11.13% vs 33.12% for GDXY. At a 0.17 correlation, their price movements are largely independent.
Performance
INVZ vs. GDXY - Performance Comparison
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Returns By Period
In the year-to-date period, INVZ achieves a -8.29% return, which is significantly lower than GDXY's -4.46% return.
INVZ
- 1D
- -3.85%
- 1M
- 16.58%
- YTD
- -8.29%
- 6M
- -36.90%
- 1Y
- -11.13%
- 3Y*
- -36.39%
- 5Y*
- -40.42%
- 10Y*
- —
GDXY
- 1D
- 1.34%
- 1M
- -0.99%
- YTD
- -4.46%
- 6M
- -0.57%
- 1Y
- 33.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INVZ vs. GDXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
INVZ Innoviz Technologies Ltd. | -8.29% | -49.22% | 46.09% |
GDXY YieldMax Gold Miners Option Income Strategy ETF | -4.46% | 88.08% | -11.63% |
Correlation
The correlation between INVZ and GDXY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 22, 2024 | 0.17 |
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Return for Risk
INVZ vs. GDXY — Risk / Return Rank
INVZ
GDXY
INVZ vs. GDXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innoviz Technologies Ltd. (INVZ) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). 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.
| INVZ | GDXY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.12 | 0.91 | -1.03 |
Sortino ratioReturn per unit of downside risk | 0.54 | 1.26 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.19 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.33 | -1.52 |
Martin ratioReturn relative to average drawdown | -0.30 | 3.44 | -3.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| INVZ | GDXY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.12 | 0.91 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.44 | 0.81 | -1.25 |
Drawdowns
INVZ vs. GDXY - Drawdown Comparison
The maximum INVZ drawdown since its inception was -96.06%, which is greater than GDXY's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for INVZ and GDXY.
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Drawdown Indicators
| INVZ | GDXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.06% | -28.03% | -68.03% |
Max Drawdown (1Y)Largest decline over 1 year | -75.21% | -28.03% | -47.18% |
Max Drawdown (3Y)Largest decline over 3 years | -88.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -95.43% | — | — |
Current DrawdownCurrent decline from peak | -93.66% | -23.30% | -70.36% |
Average DrawdownAverage peak-to-trough decline | -74.81% | -6.37% | -68.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.82% | 10.84% | +35.98% |
Volatility
INVZ vs. GDXY - Volatility Comparison
Innoviz Technologies Ltd. (INVZ) has a higher volatility of 32.66% compared to YieldMax Gold Miners Option Income Strategy ETF (GDXY) at 11.54%. This indicates that INVZ's price experiences larger fluctuations and is considered to be riskier than GDXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVZ | GDXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.66% | 11.54% | +21.12% |
Volatility (6M)Calculated over the trailing 6-month period | 58.71% | 30.82% | +27.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.56% | 36.60% | +55.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.01% | 31.71% | +57.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.02% | 31.71% | +57.31% |
Dividends
INVZ vs. GDXY - Dividend Comparison
INVZ has not paid dividends to shareholders, while GDXY's dividend yield for the trailing twelve months is around 72.42%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 72.42% | 52.13% | 23.91% |
INVZ Innoviz Technologies Ltd. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
INVZ and GDXY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INVZ has higher volatility (32.66%) compared to GDXY (11.54%). In terms of maximum drawdown, INVZ dropped -96.06% vs GDXY's -28.03%.
GDXY currently has the higher Sharpe Ratio (0.91 vs -0.12), 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.
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