GOOY vs VYM

Quick Verdict

VYM has a lower expense ratio. GOOY delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: GOOYMore Diversified: VYM

Side-by-Side Comparison

MetricGOOYVYMWinner
Expense Ratio1.20%0.04%
AUM$231M$79.0B
Dividend Yield49.87%2.86%
Holdings14568
YTD Return+6.88%+16.78%
1Y Return+47.44%+24.43%
3Y Return (annualized)+20.78%+18.60%
5Y Return (annualized)-+12.30%
Volatility (annualized)25.0%14.6%
Max Drawdown-24.4%-58.8%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionJul 27, 2023Nov 10, 2006

GOOY vs VYM Performance

YieldMax GOOGL Option Income Strategy ETF (GOOY) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GOOY returned +47.44% while VYM returned +24.43%. Year to date, GOOY is up 6.88% versus a gain of 16.78% for VYM.

Over three years, GOOY compounded at +20.78% per year against +18.60% for VYM. Across the full 3-year window we track, GOOY has the edge at +20.29% annualized vs +7.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GOOY has been the more volatile fund, with annualized monthly volatility of 25.0% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -24.4% for GOOY and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.20. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GOOY charges 1.20% per year while VYM charges 0.04%. On a $10,000 position that is $120 vs $4 annually, a gap of $116 per year that compounds over a long holding period. On income, GOOY currently yields 49.87% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

GOOY and VYM share 0 holdings out of 560 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, GOOY or VYM?

GOOY has an expense ratio of 1.20% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $116 per year of difference.

Which performed better, GOOY or VYM?

Over the past year GOOY returned +47.44% vs +24.43% for VYM, so GOOY leads on 1-year performance. Over the longest common window we track (3 years), GOOY annualized +20.29% vs +7.11% for VYM. Past performance does not guarantee future results.

Which is riskier, GOOY or VYM?

GOOY has been the more volatile fund at 25.0% annualized versus 14.6% for VYM. Worst drawdown: GOOY -24.4% vs VYM -58.8%.

Should I hold both GOOY and VYM?

GOOY and VYM have a monthly-return correlation of 0.20, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GOOY and VYM?

GOOY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.

Which pays a higher dividend, GOOY or VYM?

GOOY yields 49.87% while VYM yields 2.86%, so GOOY currently pays the higher dividend yield.

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