INVZ vs. GDXY
INVZ (Innoviz Technologies Ltd.) is a stock, while GDXY (YieldMax Gold Miners Option Income Strategy ETF) is Gold fund actively managed by YieldMax. Over the past year, INVZ returned -65.40% vs 13.32% 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 -31.45% return, which is significantly lower than GDXY's -18.90% return.
INVZ
- 1D
- -7.85%
- 1M
- -5.30%
- 6M
- -48.25%
- YTD
- -31.45%
- 1Y
- -65.40%
- 3Y*
- -43.07%
- 5Y*
- -43.22%
- 10Y*
- —
GDXY
- 1D
- -2.29%
- 1M
- -7.51%
- 6M
- -24.66%
- YTD
- -18.90%
- 1Y
- 13.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INVZ vs. GDXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
INVZ Innoviz Technologies Ltd. | -31.45% | -49.22% | 43.59% |
GDXY YieldMax Gold Miners Option Income Strategy ETF | -18.90% | 88.08% | -11.84% |
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 21, 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.
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.
| INVZ | GDXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.09 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 0.38 | -1.24 |
| Martin ratioReturn relative to average drawdown | -1.25 | 0.90 | -2.14 |
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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 -34.98%. 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% | -34.98% | -61.08% |
Max Drawdown (1Y)Largest decline over 1 year | -76.62% | -34.98% | -41.64% |
Max Drawdown (3Y)Largest decline over 3 years | -88.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -95.14% | — | — |
Current DrawdownCurrent decline from peak | -95.26% | -34.90% | -60.36% |
Average DrawdownAverage peak-to-trough decline | -75.16% | -7.62% | -67.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.50% | 14.91% | +37.59% |
Volatility
INVZ vs. GDXY - Volatility Comparison
Innoviz Technologies Ltd. (INVZ) has a higher volatility of 27.27% compared to YieldMax Gold Miners Option Income Strategy ETF (GDXY) at 11.81%. 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 | 27.27% | 11.81% | +15.46% |
Volatility (6M)Calculated over the trailing 6-month period | 55.32% | 33.22% | +22.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.69% | 39.01% | +48.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.90% | 32.58% | +57.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.01% | 32.58% | +56.43% |
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 86.12%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 86.12% | 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 (27.27%) compared to GDXY (11.81%). In terms of maximum drawdown, INVZ dropped -96.06% vs GDXY's -34.98%.
GDXY currently has the higher Sharpe Ratio (0.34 vs -0.75), 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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