NA vs. GPIQ
NA (Nano Labs Ltd (NA)) is a stock, while GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) is Nasdaq-100 fund actively managed by Goldman Sachs. Over the past year, NA returned -84.02% vs 32.06% for GPIQ. At a 0.08 correlation, their price movements are largely independent.
Performance
NA vs. GPIQ - Performance Comparison
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Returns By Period
In the year-to-date period, NA achieves a -44.76% return, which is significantly lower than GPIQ's 14.86% return.
NA
- 1D
- -1.14%
- 1M
- -29.84%
- YTD
- -44.76%
- 6M
- -45.79%
- 1Y
- -84.02%
- 3Y*
- -54.44%
- 5Y*
- —
- 10Y*
- —
GPIQ
- 1D
- -2.96%
- 1M
- -0.00%
- YTD
- 14.86%
- 6M
- 13.78%
- 1Y
- 32.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NA vs. GPIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NA Nano Labs Ltd (NA) | -44.76% | -64.81% | -50.55% | 25.70% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 14.86% | 19.77% | 23.22% | 15.17% |
Correlation
The correlation between NA and GPIQ is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.08 |
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Return for Risk
NA vs. GPIQ — Risk / Return Rank
NA
GPIQ
NA vs. GPIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nano Labs Ltd (NA) (NA) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.
| NA | GPIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -4.48 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.39 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 3.38 | -4.33 |
| Martin ratioReturn relative to average drawdown | -1.15 | 14.28 | -15.44 |
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Drawdowns
NA vs. GPIQ - Drawdown Comparison
The maximum NA drawdown since its inception was -98.67%, which is greater than GPIQ's maximum drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for NA and GPIQ.
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Drawdown Indicators
| NA | GPIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.67% | -21.06% | -77.61% |
Max Drawdown (1Y)Largest decline over 1 year | -89.19% | -9.51% | -79.68% |
Max Drawdown (3Y)Largest decline over 3 years | -92.70% | — | — |
Current DrawdownCurrent decline from peak | -98.56% | -3.21% | -95.35% |
Average DrawdownAverage peak-to-trough decline | -90.19% | -2.27% | -87.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 72.73% | 2.25% | +70.48% |
Volatility
NA vs. GPIQ - Volatility Comparison
Nano Labs Ltd (NA) (NA) has a higher volatility of 28.99% compared to Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) at 7.78%. This indicates that NA's price experiences larger fluctuations and is considered to be riskier than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NA | GPIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.99% | 7.78% | +21.21% |
Volatility (6M)Calculated over the trailing 6-month period | 67.55% | 12.52% | +55.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.42% | 15.17% | +91.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 168.66% | 17.88% | +150.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 168.66% | 17.88% | +150.78% |
Dividends
NA vs. GPIQ - Dividend Comparison
NA has not paid dividends to shareholders, while GPIQ's dividend yield for the trailing twelve months is around 9.60%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 9.60% | 9.81% | 9.18% | 1.74% |
NA Nano Labs Ltd (NA) | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NA and GPIQ have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NA has higher volatility (28.99%) compared to GPIQ (7.78%). In terms of maximum drawdown, NA dropped -98.67% vs GPIQ's -21.06%.
GPIQ currently has the higher Sharpe Ratio (2.12 vs -0.80), 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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