GDXY vs OCTJ
YieldMax Gold Miners Option Income Strategy ETF vs Innovator Premium Income 30 Barrier ETF - October
Which is better, GDXY or OCTJ?
Each has led over a different period.
OCTJ has a lower expense ratio. GDXY led over the full window, OCTJ 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 | OCTJ |
|---|---|---|
| Expense Ratio | 1.00% | 0.79%Best |
| AUM | $306M | $15M |
| Dividend Yield | 81.80% | 5.32% |
| Holdings | 28 | 18 |
| YTD Return | -10.44% | -0.13%Best |
| 1Y Return | -6.69% | +0.46%Best |
| 3Y Return (annualized) | - | +3.98% |
| Volatility (annualized) | 33.4% | 2.3%Best |
| Max Drawdown | -37.0% | -5.3%Best |
| $10,000 over 2.4 years | $14,862Best | $10,745 |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 20, 2024 | Oct 2, 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 OCTJ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GDXY vs OCTJ Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an ETF from YieldMax ETF and Innovator Premium Income 30 Barrier ETF - October (OCTJ) is an ETF from Innovator ETFs Trust. Over the past year GDXY returned -6.69% while OCTJ returned +0.46%. Year to date, GDXY is down 10.44% versus a loss of 0.13% for OCTJ.
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 2.3% for OCTJ. 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 -5.3% for OCTJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDXY charges 1.00% per year while OCTJ charges 0.79%. On a $10,000 position that is $100 vs $79 annually, a gap of $21 per year that compounds over a long holding period. On income, GDXY currently yields 81.80% against 5.32% for OCTJ.
You are not choosing between two funds in isolation.
Whichever of GDXY and OCTJ 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 OCTJ?
GDXY has an expense ratio of 1.00% while OCTJ charges 0.79%. OCTJ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, GDXY or OCTJ?
Over the past year GDXY returned -6.69% vs +0.46% for OCTJ, so OCTJ leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +17.95% vs +3.04% for OCTJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXY or OCTJ?
GDXY has been the more volatile fund at 33.4% annualized versus 2.3% for OCTJ. Worst drawdown: GDXY -37.0% vs OCTJ -5.3%.
Should I hold both GDXY and OCTJ?
GDXY and OCTJ have a monthly-return correlation of 0.36, 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 OCTJ?
GDXY yields 81.80% while OCTJ yields 5.32%, so GDXY currently pays the higher dividend yield.
Is OCTJ better than GDXY?
OCTJ has a lower expense ratio. GDXY led over the full window, OCTJ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.