IOYY vs. KO

Last updated Jun 4, 2026

IOYY (GraniteShares YieldBOOST IONQ ETF) is Derivative Income fund actively managed by GraniteShares, while KO (The Coca-Cola Company) is a stock. At a correlation of -0.16, they often move in opposite directions.

Performance

IOYY vs. KO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST IONQ ETF (IOYY) and The Coca-Cola Company (KO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IOYY achieves a -11.06% return, which is significantly lower than KO's 13.43% return.

IOYY

• 1D: -0.54%
• 1M: 9.06%
• YTD: -11.06%
• 6M: -19.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KO

• 1D: 0.45%
• 1M: 0.73%
• YTD: 13.43%
• 6M: 11.99%
• 1Y: 13.89%
• 3Y*: 12.09%
• 5Y*: 10.20%
• 10Y*: 9.11%

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

IOYY vs. KO - Yearly Performance Comparison

	2026 (YTD)	2025
IOYY GraniteShares YieldBOOST IONQ ETF	-11.06%	-11.64%
KO The Coca-Cola Company	13.43%	2.54%

Correlation

The correlation between IOYY and KO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	-0.16

Return for Risk

IOYY vs. KO — Risk / Return Rank

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

KO

KO Risk / Return Rank: 66
KO Sharpe Ratio Rank: 68
KO Sortino Ratio Rank: 63
KO Omega Ratio Rank: 58
KO Calmar Ratio Rank: 71
KO Martin Ratio Rank: 68

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.

IOYY vs. KO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST IONQ ETF (IOYY) and The Coca-Cola Company (KO). 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.

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

Sharpe Ratios by Period

	IOYY	KO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.88	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.00	0.53	-1.54

Drawdowns

IOYY vs. KO - Drawdown Comparison

The maximum IOYY drawdown since its inception was -38.47%, smaller than the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for IOYY and KO.

Drawdown Indicators

	IOYY	KO	Difference
Max Drawdown Largest peak-to-trough decline	-38.47%	-68.23%	+29.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.99%	—
Current Drawdown Current decline from peak	-27.87%	-3.86%	-24.01%
Average Drawdown Average peak-to-trough decline	-23.09%	-16.09%	-7.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.00%	—

Volatility

Volatility by Period

	IOYY	KO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.42%	15.86%	+18.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.42%	16.00%	+18.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.42%	18.16%	+16.26%

Dividends

IOYY vs. KO - Dividend Comparison

IOYY's dividend yield for the trailing twelve months is around 121.09%, more than KO's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IOYY GraniteShares YieldBOOST IONQ ETF	121.09%	28.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KO The Coca-Cola Company	2.62%	2.92%	3.12%	3.12%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%

Frequently Asked Questions

Can I hold both IOYY and KO in my portfolio?

IOYY and KO 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.