GOOP vs PNOV
Kurv Yield Premium Strategy Google (GOOGL) ETF vs Innovator US Equity Power Buffer ETF - November
Which is better, GOOP or PNOV?
GOOP has been ahead.
PNOV has a lower expense ratio. GOOP led over 1Y, 3Y and the full window.
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 | GOOP | PNOV |
|---|---|---|
| Expense Ratio | 0.99% | 0.79%Best |
| AUM | $26M | $838M |
| Dividend Yield | 15.10% | 0.00% |
| Holdings | 21 | 18 |
| YTD Return | -4.58% | +9.87%Best |
| 1Y Return | +19.02%Best | +11.76% |
| 3Y Return (annualized) | +13.27%Best | +11.02% |
| 5Y Return (annualized) | - | +8.54% |
| Volatility (annualized) | 35.5% | 5.8%Best |
| Max Drawdown | -34.9% | -10.3%Best |
| $10,000 over 3 years | $14,533Best | $14,326 |
| Fund Family | Kurv | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 27, 2023 | Oct 31, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 31, 2023 to Oct 14, 2026 (3 years).
GOOP vs PNOV 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 3 years both funds cover.
GOOP vs PNOV Performance
Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an ETF from Kurv and Innovator US Equity Power Buffer ETF - November (PNOV) is an ETF from Innovator ETFs Trust. Over the past year GOOP returned +19.02% while PNOV returned +11.76%. Year to date, GOOP is down 4.58% versus a gain of 9.87% for PNOV.
Over three years, GOOP compounded at +13.27% per year against +11.02% for PNOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOOP has been the more volatile fund, with annualized monthly volatility of 35.5% compared with 5.8% for PNOV. 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 -34.9% for GOOP and -10.3% for PNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GOOP charges 0.99% per year while PNOV charges 0.79%. On a $10,000 position that is $99 vs $79 annually, a gap of $20 per year that compounds over a long holding period. On income, GOOP currently yields 15.10% against 0.00% for PNOV.
You are not choosing between two funds in isolation.
Whichever of GOOP and PNOV 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, GOOP or PNOV?
GOOP has an expense ratio of 0.99% while PNOV charges 0.79%. PNOV is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, GOOP or PNOV?
Over the past year GOOP returned +19.02% vs +11.76% for PNOV, so GOOP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOOP or PNOV?
GOOP has been the more volatile fund at 35.5% annualized versus 5.8% for PNOV. Worst drawdown: GOOP -34.9% vs PNOV -10.3%.
Should I hold both GOOP and PNOV?
GOOP and PNOV have a monthly-return correlation of 0.45, 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, GOOP or PNOV?
GOOP yields 15.10% while PNOV yields 0.00%, so GOOP currently pays the higher dividend yield.
Is PNOV better than GOOP?
PNOV has a lower expense ratio. GOOP led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.