LDRX vs. GOOY

Last updated Aug 2, 2026

LDRX (SGI Enhanced Market Leaders ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, LDRX returned 21.93% vs 64.48% for GOOY. Their 0.55 correlation means they have sometimes moved together and sometimes differently. LDRX charges 0.59%/yr vs 0.99%/yr for GOOY.

Performance

LDRX vs. GOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Market Leaders ETF (LDRX) and YieldMax GOOGL Option Income Strategy ETF (GOOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDRX achieves a 8.44% return, which is significantly lower than GOOY's 11.24% return.

LDRX

• 1D: 1.09%
• 1M: 0.67%
• 6M: 8.29%
• YTD: 8.44%
• 1Y: 21.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.73%

GOOY

• 1D: 5.28%
• 1M: -1.93%
• 6M: 4.22%
• YTD: 11.24%
• 1Y: 64.48%
• 3Y*: 23.10%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.98%

*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)
GOOY YieldMax GOOGL Option Income Strategy ETF	$4.95M	$4.53M	$7.81M
LDRX SGI Enhanced Market Leaders ETF	$277.68K	$245.48K	$207.84K

LDRX vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025
LDRX SGI Enhanced Market Leaders ETF	8.44%	23.63%
GOOY YieldMax GOOGL Option Income Strategy ETF	11.24%	63.13%

Correlation

The correlation between LDRX and GOOY is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since May 5, 2025	0.55

The correlation between LDRX and GOOY has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.

Return for Risk

LDRX vs. GOOY — Risk / Return Rank

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

LDRX

LDRX Risk / Return Rank: 59
LDRX Sharpe Ratio Rank: 62
LDRX Sortino Ratio Rank: 61
LDRX Omega Ratio Rank: 60
LDRX Calmar Ratio Rank: 52
LDRX Martin Ratio Rank: 60

GOOY

GOOY Risk / Return Rank: 89
GOOY Sharpe Ratio Rank: 93
GOOY Sortino Ratio Rank: 92
GOOY Omega Ratio Rank: 91
GOOY Calmar Ratio Rank: 88
GOOY Martin Ratio Rank: 81

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.

LDRX vs. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Market Leaders ETF (LDRX) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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.

	LDRX	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	1.46	2.44	-0.98
Sortino ratio: Return per unit of downside risk	2.09	3.35	-1.26
Omega ratio: Gain probability vs. loss probability	1.26	1.43	-0.17
Calmar ratio: Return relative to maximum drawdown	1.90	3.53	-1.63
Martin ratio: Return relative to average drawdown	7.22	10.51	-3.29

LDRX vs. GOOY - Sharpe Ratio Comparison

The current LDRX Sharpe Ratio is 1.46, which is lower than the GOOY Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of LDRX and GOOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LDRX vs. GOOY - Drawdown Comparison

The maximum LDRX drawdown since its inception was -10.62%, smaller than the maximum GOOY drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for LDRX and GOOY.

Drawdown Indicators

	LDRX	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-10.62%	-24.40%	+13.78%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-17.70%	+7.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.40%	—
Current Drawdown Current decline from peak	-2.25%	-10.52%	+8.27%
Average Drawdown Average peak-to-trough decline	-1.64%	-6.46%	+4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	5.94%	-3.15%

Volatility

LDRX vs. GOOY - Volatility Comparison

The current volatility for SGI Enhanced Market Leaders ETF (LDRX) is 4.01%, while YieldMax GOOGL Option Income Strategy ETF (GOOY) has a volatility of 10.30%. This indicates that LDRX experiences smaller price fluctuations and is considered to be less risky than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDRX	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	10.30%	-6.29%
Volatility (6M) Calculated over the trailing 6-month period	10.91%	20.43%	-9.52%
Volatility (1Y) Calculated over the trailing 1-year period	13.80%	25.69%	-11.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.35%	23.89%	-10.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.35%	23.89%	-10.54%

LDRX vs. GOOY - Expense Ratio Comparison

LDRX has a 0.59% expense ratio, which is lower than GOOY's 0.99% expense ratio.

Dividends

LDRX vs. GOOY - Dividend Comparison

LDRX's dividend yield for the trailing twelve months is around 1.11%, less than GOOY's 55.09% yield.

Position	TTM	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	55.09%	41.50%	36.74%	7.90%
LDRX SGI Enhanced Market Leaders ETF	1.11%	1.19%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDRX and GOOY in my portfolio?

LDRX and GOOY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDRX or GOOY?

GOOY has higher volatility (10.30%) compared to LDRX (4.01%). In terms of maximum drawdown, LDRX dropped -10.62% vs GOOY's -24.40%.

Which ETF is better, LDRX or GOOY?

On 1-year performance, GOOY leads with 64.48% vs 21.93% for LDRX. On fees, LDRX is cheaper at 0.59% per year. On volatility, LDRX has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDRX or GOOY?

Over the 1-year period, GOOY has performed better with a 64.48% return vs 21.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDRX or GOOY?

LDRX is cheaper with a 0.59% expense ratio, compared with 0.99% for GOOY.

Which ETF pays a higher dividend yield, LDRX or GOOY?

GOOY has the higher dividend yield at 55.09%, compared with 1.11% for LDRX.

What is the main difference between LDRX and GOOY?

They also come from different issuers: Summit Global Investments and YieldMax. Their fees differ too: 0.59% for LDRX and 0.99% for GOOY.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (2.44 vs 1.46), 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.