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 -39.18% vs 37.50% 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 -26.83% return, which is significantly lower than GPIQ's 18.30% return.
NA
- 1D
- -7.80%
- 1M
- 12.71%
- YTD
- -26.83%
- 6M
- -44.05%
- 1Y
- -39.18%
- 3Y*
- -52.49%
- 5Y*
- —
- 10Y*
- —
GPIQ
- 1D
- -0.19%
- 1M
- 8.51%
- YTD
- 18.30%
- 6M
- 17.64%
- 1Y
- 37.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NA vs. GPIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NA Nano Labs Ltd (NA) | -26.83% | -64.81% | -50.55% | 28.38% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 18.30% | 19.77% | 23.22% | 15.38% |
Correlation
The correlation between NA and GPIQ is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 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.
| NA | GPIQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | 2.81 | -3.08 |
Sortino ratioReturn per unit of downside risk | 0.55 | 3.71 | -3.16 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.51 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | -0.44 | 3.96 | -4.40 |
Martin ratioReturn relative to average drawdown | -0.56 | 17.48 | -18.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NA | GPIQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 2.81 | -3.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | 1.78 | -2.17 |
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 | -94.10% | — | — |
Current DrawdownCurrent decline from peak | -98.09% | -0.19% | -97.90% |
Average DrawdownAverage peak-to-trough decline | -90.17% | -2.27% | -87.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 70.02% | 2.15% | +67.87% |
Volatility
NA vs. GPIQ - Volatility Comparison
Nano Labs Ltd (NA) (NA) has a higher volatility of 42.62% compared to Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) at 3.39%. 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 | 42.62% | 3.39% | +39.23% |
Volatility (6M)Calculated over the trailing 6-month period | 71.07% | 10.44% | +60.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 146.47% | 13.40% | +133.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 166.82% | 17.47% | +149.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 166.82% | 17.47% | +149.35% |
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 9.32%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 9.32% | 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 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NA has higher volatility (42.62%) compared to GPIQ (3.39%). In terms of maximum drawdown, NA dropped -98.67% vs GPIQ's -21.06%.
GPIQ currently has the higher Sharpe Ratio (2.81 vs -0.27), 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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