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AMZP vs. AMZN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMZP and AMZN is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

AMZP vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Amazon.com, Inc. (AMZN). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
17.36%
21.28%
AMZP
AMZN

Key characteristics

Sharpe Ratio

AMZP:

1.83

AMZN:

1.66

Sortino Ratio

AMZP:

2.49

AMZN:

2.27

Omega Ratio

AMZP:

1.34

AMZN:

1.29

Calmar Ratio

AMZP:

2.33

AMZN:

2.06

Martin Ratio

AMZP:

8.51

AMZN:

7.74

Ulcer Index

AMZP:

4.72%

AMZN:

5.98%

Daily Std Dev

AMZP:

22.04%

AMZN:

28.01%

Max Drawdown

AMZP:

-17.26%

AMZN:

-94.40%

Current Drawdown

AMZP:

-1.66%

AMZN:

-3.38%

Returns By Period

In the year-to-date period, AMZP achieves a 40.15% return, which is significantly lower than AMZN's 48.12% return.


AMZP

YTD

40.15%

1M

12.79%

6M

17.36%

1Y

40.13%

5Y*

N/A

10Y*

N/A

AMZN

YTD

48.12%

1M

14.17%

6M

21.28%

1Y

46.70%

5Y*

20.32%

10Y*

30.80%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

AMZP vs. AMZN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Amazon.com, Inc. (AMZN). 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.


Sharpe ratio
The chart of Sharpe ratio for AMZP, currently valued at 1.83, compared to the broader market0.002.004.001.831.66
The chart of Sortino ratio for AMZP, currently valued at 2.49, compared to the broader market-2.000.002.004.006.008.0010.002.492.27
The chart of Omega ratio for AMZP, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.29
The chart of Calmar ratio for AMZP, currently valued at 2.33, compared to the broader market0.005.0010.0015.002.332.38
The chart of Martin ratio for AMZP, currently valued at 8.51, compared to the broader market0.0020.0040.0060.0080.00100.008.517.74
AMZP
AMZN

The current AMZP Sharpe Ratio is 1.83, which is comparable to the AMZN Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of AMZP and AMZN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.201.401.601.802.002.20Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22
1.83
1.66
AMZP
AMZN

Dividends

AMZP vs. AMZN - Dividend Comparison

AMZP's dividend yield for the trailing twelve months is around 12.28%, while AMZN has not paid dividends to shareholders.


TTM2023
AMZP
Kurv Yield Premium Strategy Amazon AMZN ETF
12.28%2.46%
AMZN
Amazon.com, Inc.
0.00%0.00%

Drawdowns

AMZP vs. AMZN - Drawdown Comparison

The maximum AMZP drawdown since its inception was -17.26%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for AMZP and AMZN. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.66%
-3.38%
AMZP
AMZN

Volatility

AMZP vs. AMZN - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) is 6.12%, while Amazon.com, Inc. (AMZN) has a volatility of 8.21%. This indicates that AMZP experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.12%
8.21%
AMZP
AMZN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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