IOYY vs. GOOW

Last updated Aug 4, 2026

IOYY (GraniteShares YieldBOOST IONQ ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Their 0.16 correlation means their historical movements had little consistent relationship. IOYY charges 1.07%/yr vs 0.99%/yr for GOOW.

Performance

IOYY vs. GOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST IONQ ETF (IOYY) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IOYY achieves a -22.62% return, which is significantly lower than GOOW's 19.81% return.

IOYY

• 1D: 0.76%
• 1M: -8.79%
• 6M: -19.78%
• YTD: -22.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GOOW

• 1D: 5.51%
• 1M: 3.59%
• 6M: 7.12%
• YTD: 19.81%
• 1Y: 114.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 101.27%

*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)
GOOW Roundhill GOOGL WeeklyPay™ ETF	$2.08M	$1.80M	$2.25M
IOYY GraniteShares YieldBOOST IONQ ETF	$214.79K	$268.06K	$328.85K

IOYY vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
IOYY GraniteShares YieldBOOST IONQ ETF	-22.62%	-13.50%
GOOW Roundhill GOOGL WeeklyPay™ ETF	19.81%	11.72%

Correlation

The correlation between IOYY and GOOW is 0.16, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.16

Return for Risk

IOYY vs. GOOW — Risk / Return Rank

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

IOYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GOOW

GOOW Risk / Return Rank: 92
GOOW Sharpe Ratio Rank: 95
GOOW Sortino Ratio Rank: 94
GOOW Omega Ratio Rank: 92
GOOW Calmar Ratio Rank: 93
GOOW Martin Ratio Rank: 85

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.

IOYY vs. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST IONQ ETF (IOYY) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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.

	IOYY	GOOW	Difference
Sharpe ratio: Return per unit of total volatility	—	2.89	—
Sortino ratio: Return per unit of downside risk	—	3.76	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	4.53	—
Martin ratio: Return relative to average drawdown	—	12.41	—

Drawdowns

IOYY vs. GOOW - Drawdown Comparison

The maximum IOYY drawdown since its inception was -38.97%, which is greater than GOOW's maximum drawdown of -25.44%. Use the drawdown chart below to compare losses from any high point for IOYY and GOOW.

Drawdown Indicators

	IOYY	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-38.97%	-25.44%	-13.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.44%	—
Current Drawdown Current decline from peak	-37.24%	-9.90%	-27.34%
Average Drawdown Average peak-to-trough decline	-25.10%	-6.43%	-18.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.26%	—

Volatility

Volatility by Period

	IOYY	GOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.24%	39.89%	-8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.24%	39.65%	-8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.24%	39.65%	-8.41%

IOYY vs. GOOW - Expense Ratio Comparison

IOYY has a 1.07% expense ratio, which is higher than GOOW's 0.99% expense ratio.

Dividends

IOYY vs. GOOW - Dividend Comparison

IOYY's dividend yield for the trailing twelve months is around 183.52%, more than GOOW's 40.84% yield.

Position	TTM	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	40.84%	19.77%
IOYY GraniteShares YieldBOOST IONQ ETF	183.52%	28.55%

Frequently Asked Questions

Can I hold both IOYY and GOOW in my portfolio?

IOYY and GOOW have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IOYY or GOOW?

On fees, GOOW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IOYY or GOOW?

GOOW is cheaper with a 0.99% expense ratio, compared with 1.07% for IOYY.

Which ETF pays a higher dividend yield, IOYY or GOOW?

IOYY has the higher dividend yield at 183.52%, compared with 40.84% for GOOW.

What is the main difference between IOYY and GOOW?

They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for IOYY and 0.99% for GOOW.