AMZP vs. KYLD

Last updated Jun 4, 2026

AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) and KYLD (Kurv High Income ETF) are both exchange-traded funds - AMZP is a Options Trading fund actively managed by Kurv, while KYLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. AMZP charges 0.99%/yr vs 1.00%/yr for KYLD.

Performance

AMZP vs. KYLD - Performance Comparison

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

Returns By Period

In the year-to-date period, AMZP achieves a 5.27% return, which is significantly lower than KYLD's 18.37% return.

AMZP

• 1D: -2.73%
• 1M: -8.93%
• YTD: 5.27%
• 6M: 5.85%
• 1Y: 20.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KYLD

• 1D: 0.00%
• 1M: 10.94%
• YTD: 18.37%
• 6M: 13.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMZP vs. KYLD - Yearly Performance Comparison

	2026 (YTD)	2025
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	5.27%	-4.10%
KYLD Kurv High Income ETF	18.37%	-10.91%

Correlation

The correlation between AMZP and KYLD is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.43

Return for Risk

AMZP vs. KYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZP

AMZP Risk / Return Rank: 21
AMZP Sharpe Ratio Rank: 20
AMZP Sortino Ratio Rank: 21
AMZP Omega Ratio Rank: 22
AMZP Calmar Ratio Rank: 20
AMZP Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMZP vs. KYLD - Risk-Adjusted Trends Comparison

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

	AMZP	KYLD	Difference
Sharpe ratio Return per unit of total volatility	0.72	—	—
Sortino ratio Return per unit of downside risk	1.15	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	0.88	—	—
Martin ratio Return relative to average drawdown	2.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMZP	KYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.29	+0.57

Drawdowns

AMZP vs. KYLD - Drawdown Comparison

The maximum AMZP drawdown since its inception was -27.36%, which is greater than KYLD's maximum drawdown of -20.69%. Use the drawdown chart below to compare losses from any high point for AMZP and KYLD.

Drawdown Indicators

	AMZP	KYLD	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-20.69%	-6.67%
Max Drawdown (1Y) Largest decline over 1 year	-23.64%	—	—
Current Drawdown Current decline from peak	-10.17%	0.00%	-10.17%
Average Drawdown Average peak-to-trough decline	-6.02%	-8.57%	+2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.17%	—	—

Volatility

Volatility by Period

	AMZP	KYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.12%	32.84%	-3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.85%	32.84%	-5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.85%	32.84%	-5.99%

AMZP vs. KYLD - Expense Ratio Comparison

AMZP has a 0.99% expense ratio, which is lower than KYLD's 1.00% expense ratio.

Dividends

AMZP vs. KYLD - Dividend Comparison

AMZP's dividend yield for the trailing twelve months is around 19.53%, more than KYLD's 17.05% yield.

Position	TTM	2025	2024	2023
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	19.53%	22.04%	15.15%	2.45%
KYLD Kurv High Income ETF	17.05%	6.14%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZP and KYLD in my portfolio?

AMZP and KYLD have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMZP or KYLD?

On fees, AMZP is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMZP or KYLD?

AMZP is cheaper with a 0.99% expense ratio, compared with 1.00% for KYLD.

Which ETF pays a higher dividend yield, AMZP or KYLD?

AMZP has the higher dividend yield at 19.53%, compared with 17.05% for KYLD.

What is the main difference between AMZP and KYLD?

AMZP is categorized as Options Trading, while KYLD is Derivative Income. Their fees differ too: 0.99% for AMZP and 1.00% for KYLD.