M vs. GOOY
M (Macy's, Inc.) is a stock, while GOOY (YieldMax GOOGL Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past 3 years, M returned 20.04%/yr vs 23.10%/yr for GOOY. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
M vs. GOOY - Performance Comparison
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Returns By Period
In the year-to-date period, M achieves a 14.70% return, which is significantly higher than GOOY's 11.24% return.
M
- 1D
- -0.44%
- 1M
- 6.75%
- 6M
- 26.33%
- YTD
- 14.70%
- 1Y
- 108.42%
- 3Y*
- 20.04%
- 5Y*
- 12.09%
- 10Y*
- 1.61%
- ALL TIME*
- 4.98%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.95M | $4.53M | $7.81M | |
| $119.78M | $113.95M | $138.29M |
M vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
M Macy's, Inc. | 14.70% | 36.55% | -12.41% | 26.72% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 11.24% | 53.95% | 12.58% | -3.35% |
Correlation
The correlation between M and GOOY is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2023 | 0.23 |
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Return for Risk
M vs. GOOY — Risk / Return Rank
M
GOOY
M vs. GOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Macy's, Inc. (M) 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.
| M | GOOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.43 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 3.53 | +0.12 |
| Martin ratioReturn relative to average drawdown | 8.83 | 10.51 | -1.68 |
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Drawdowns
M vs. GOOY - Drawdown Comparison
The maximum M drawdown since its inception was -91.95%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for M and GOOY.
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Drawdown Indicators
| M | GOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.95% | -24.40% | -67.55% |
Max Drawdown (1Y)Largest decline over 1 year | -28.61% | -17.70% | -10.91% |
Max Drawdown (3Y)Largest decline over 3 years | -51.33% | -24.40% | -26.93% |
Max Drawdown (5Y)Largest decline over 5 years | -69.65% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -87.79% | — | — |
Current DrawdownCurrent decline from peak | -45.30% | -10.52% | -34.78% |
Average DrawdownAverage peak-to-trough decline | -34.66% | -6.46% | -28.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.84% | 5.94% | +5.90% |
Volatility
M vs. GOOY - Volatility Comparison
Macy's, Inc. (M) and YieldMax GOOGL Option Income Strategy ETF (GOOY) have volatilities of 10.36% and 10.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| M | GOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.36% | 10.30% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 30.38% | 20.43% | +9.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.06% | 25.69% | +20.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.00% | 23.89% | +30.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.29% | 23.89% | +32.40% |
Dividends
M vs. GOOY - Dividend Comparison
M's dividend yield for the trailing twelve months is around 3.01%, less than GOOY's 55.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 55.09% | 41.50% | 36.74% | 7.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
M Macy's, Inc. | 3.01% | 3.31% | 4.10% | 3.29% | 3.05% | 1.15% | 3.36% | 8.88% | 5.07% | 5.99% | 4.17% | 3.98% |
Frequently Asked Questions
M and GOOY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
M has higher volatility (10.36%) compared to GOOY (10.30%). In terms of maximum drawdown, M dropped -91.95% vs GOOY's -24.40%.
GOOY currently has the higher Sharpe Ratio (2.44 vs 2.28), 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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