GDXY vs JPO
YieldMax Gold Miners Option Income Strategy ETF vs YieldMax JP Option Income Strategy ETF
Which is better, GDXY or JPO?
Each has led over a different period.
GDXY has a lower expense ratio. GDXY led over the full window, JPO over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GDXY | JPO |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.04% |
| AUM | $306M | $30M |
| Dividend Yield | 81.80% | 33.70% |
| Holdings | 28 | 28 |
| YTD Return | -10.44% | +2.70%Best |
| 1Y Return | -6.69% | +8.26%Best |
| 3Y Return (annualized) | - | +14.61% |
| Volatility (annualized) | 33.4% | 15.8%Best |
| Max Drawdown | -37.0% | -24.8%Best |
| $10,000 over 2.4 years | $14,862Best | $13,355 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 20, 2024 | Sep 11, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 21, 2024 to Oct 14, 2026 (2.4 years).
GDXY vs JPO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
GDXY vs JPO Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an ETF from YieldMax ETF and YieldMax JP Option Income Strategy ETF (JPO) is an ETF from YieldMax ETF. Over the past year GDXY returned -6.69% while JPO returned +8.26%. Year to date, GDXY is down 10.44% versus a gain of 2.70% for JPO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDXY has been the more volatile fund, with annualized monthly volatility of 33.4% compared with 15.8% for JPO. 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 -37.0% for GDXY and -24.8% for JPO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.07. They move largely independently of each other.
Fees and Cost Over Time
GDXY charges 1.00% per year while JPO charges 1.04%. On a $10,000 position that is $100 vs $104 annually, a gap of $4 per year that compounds over a long holding period. On income, GDXY currently yields 81.80% against 33.70% for JPO.
Holdings Overlap
We hold position weights for 2 holdings in GDXY and 4 in JPO, totalling 21.8% and 51.3% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in GDXY and 4 in JPO, against full books of 28 and 28.
Top Shared Holdings
| Stock | Weight in GDXY | Weight in JPO | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.17% | 2.40% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of GDXY and JPO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GDXY or JPO?
GDXY has an expense ratio of 1.00% while JPO charges 1.04%. GDXY is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, GDXY or JPO?
Over the past year GDXY returned -6.69% vs +8.26% for JPO, so JPO leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +17.95% vs +12.81% for JPO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXY or JPO?
GDXY has been the more volatile fund at 33.4% annualized versus 15.8% for JPO. Worst drawdown: GDXY -37.0% vs JPO -24.8%.
Should I hold both GDXY and JPO?
GDXY and JPO have a monthly-return correlation of -0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GDXY or JPO?
GDXY yields 81.80% while JPO yields 33.70%, so GDXY currently pays the higher dividend yield.
Is JPO better than GDXY?
GDXY has a lower expense ratio. GDXY led over the full window, JPO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.