QBY vs. GOOY
QBY (GraniteShares YieldBOOST QBTS ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.20 correlation, their price movements are largely independent. QBY charges 1.07%/yr vs 0.99%/yr for GOOY.
Performance
QBY vs. GOOY - Performance Comparison
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Returns By Period
In the year-to-date period, QBY achieves a -25.71% return, which is significantly lower than GOOY's 17.06% return.
QBY
- 1D
- 0.17%
- 1M
- 1.45%
- YTD
- -25.71%
- 6M
- -31.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOY
- 1D
- 3.03%
- 1M
- -3.35%
- YTD
- 17.06%
- 6M
- 15.49%
- 1Y
- 92.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QBY vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBY GraniteShares YieldBOOST QBTS ETF | -25.71% | -8.88% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 17.06% | -2.49% |
Correlation
The correlation between QBY and GOOY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025 | 0.20 |
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Return for Risk
QBY vs. GOOY — Risk / Return Rank
QBY
GOOY
QBY vs. GOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QBTS ETF (QBY) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| QBY | GOOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.98 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.62 | 1.14 | -2.76 |
Drawdowns
QBY vs. GOOY - Drawdown Comparison
The maximum QBY drawdown since its inception was -38.93%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for QBY and GOOY.
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Drawdown Indicators
| QBY | GOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.93% | -24.40% | -14.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.15% | — |
Current DrawdownCurrent decline from peak | -32.84% | -5.84% | -27.00% |
Average DrawdownAverage peak-to-trough decline | -25.45% | -6.26% | -19.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.22% | — |
Volatility
QBY vs. GOOY - Volatility Comparison
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Volatility by Period
| QBY | GOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.84% | 23.28% | +9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.84% | 23.36% | +9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.84% | 23.36% | +9.48% |
QBY vs. GOOY - Expense Ratio Comparison
QBY has a 1.07% expense ratio, which is higher than GOOY's 0.99% expense ratio.
Dividends
QBY vs. GOOY - Dividend Comparison
QBY's dividend yield for the trailing twelve months is around 100.94%, more than GOOY's 50.39% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 50.39% | 41.50% | 36.74% | 7.90% |
QBY GraniteShares YieldBOOST QBTS ETF | 100.94% | 15.05% | 0.00% | 0.00% |
Frequently Asked Questions
QBY and GOOY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GOOY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GOOY is cheaper with a 0.99% expense ratio, compared with 1.07% for QBY.
QBY has the higher dividend yield at 100.94%, compared with 50.39% for GOOY.
They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for QBY and 0.99% for GOOY.
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