AMZP vs. APLY
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and YieldMax AAPL Option Income Strategy ETF (APLY).
AMZP and APLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZP is an actively managed fund by Kurv. It was launched on Oct 31, 2023. APLY is an actively managed fund by YieldMax. It was launched on Apr 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or APLY.
Key characteristics
| AMZP | APLY | |
|---|---|---|
| YTD Return | 30.45% | 10.50% |
| 1Y Return | 38.94% | 16.65% |
| Sharpe Ratio | 1.83 | 1.00 |
| Sortino Ratio | 2.51 | 1.43 |
| Omega Ratio | 1.34 | 1.19 |
| Calmar Ratio | 2.24 | 1.19 |
| Martin Ratio | 8.30 | 3.37 |
| Ulcer Index | 4.66% | 5.00% |
| Daily Std Dev | 21.16% | 16.88% |
| Max Drawdown | -17.26% | -15.85% |
| Current Drawdown | 0.00% | -2.57% |
Correlation
The correlation between AMZP and APLY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZP vs. APLY - Performance Comparison
In the year-to-date period, AMZP achieves a 30.45% return, which is significantly higher than APLY's 10.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMZP vs. APLY - Expense Ratio Comparison
Both AMZP and APLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AMZP vs. APLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and YieldMax AAPL Option Income Strategy ETF (APLY). 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.
Dividends
AMZP vs. APLY - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.01%, less than APLY's 24.01% yield.
| TTM | 2023 | |
|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.01% | 2.46% |
APLY YieldMax AAPL Option Income Strategy ETF | 24.01% | 14.36% |
Drawdowns
AMZP vs. APLY - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, which is greater than APLY's maximum drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for AMZP and APLY. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. APLY - Volatility Comparison
Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a higher volatility of 7.45% compared to YieldMax AAPL Option Income Strategy ETF (APLY) at 4.31%. This indicates that AMZP's price experiences larger fluctuations and is considered to be riskier than APLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.