AMZP vs. NFLP

Last updated Jun 3, 2026

AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) and NFLP (Kurv Yield Premium Strategy Netflix ETF) are both exchange-traded funds - AMZP is a Options Trading fund actively managed by Kurv, while NFLP is a Derivative Income fund actively managed by Kurv. Both are actively managed. Over the past year, AMZP returned 23.84% vs -36.11% for NFLP. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMZP vs. NFLP - 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 Yield Premium Strategy Netflix ETF (NFLP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMZP achieves a 8.22% return, which is significantly higher than NFLP's -16.59% return.

AMZP

• 1D: -1.91%
• 1M: -5.00%
• YTD: 8.22%
• 6M: 7.97%
• 1Y: 23.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLP

• 1D: -3.36%
• 1M: -11.40%
• YTD: -16.59%
• 6M: -27.80%
• 1Y: -36.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZP vs. NFLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	8.22%	9.56%	37.42%	7.73%
NFLP Kurv Yield Premium Strategy Netflix ETF	-16.59%	-1.54%	53.24%	7.25%

Correlation

The correlation between AMZP and NFLP is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023	0.37

The correlation between AMZP and NFLP shifts across timeframes, from 0.21 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMZP vs. NFLP — Risk / Return Rank

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

AMZP

AMZP Risk / Return Rank: 23
AMZP Sharpe Ratio Rank: 24
AMZP Sortino Ratio Rank: 24
AMZP Omega Ratio Rank: 24
AMZP Calmar Ratio Rank: 23
AMZP Martin Ratio Rank: 22

NFLP

NFLP Risk / Return Rank: 1
NFLP Sharpe Ratio Rank: 1
NFLP Sortino Ratio Rank: 1
NFLP Omega Ratio Rank: 1
NFLP Calmar Ratio Rank: 2
NFLP Martin Ratio Rank: 1

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. NFLP - 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 Yield Premium Strategy Netflix ETF (NFLP). 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	NFLP	Difference
Sharpe ratio Return per unit of total volatility	0.83	-1.09	+1.91
Sortino ratio Return per unit of downside risk	1.28	-1.57	+2.84
Omega ratio Gain probability vs. loss probability	1.16	0.80	+0.37
Calmar ratio Return relative to maximum drawdown	1.05	-0.82	+1.87
Martin ratio Return relative to average drawdown	2.71	-1.46	+4.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMZP vs. NFLP - Sharpe Ratio Comparison

The current AMZP Sharpe Ratio is 0.83, which is higher than the NFLP Sharpe Ratio of -1.09. The chart below compares the historical Sharpe Ratios of AMZP and NFLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMZP	NFLP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	-1.09	+1.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.52	+0.40

Drawdowns

AMZP vs. NFLP - Drawdown Comparison

The maximum AMZP drawdown since its inception was -27.36%, smaller than the maximum NFLP drawdown of -43.48%. Use the drawdown chart below to compare losses from any high point for AMZP and NFLP.

Drawdown Indicators

	AMZP	NFLP	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-43.48%	+16.12%
Max Drawdown (1Y) Largest decline over 1 year	-23.64%	-43.48%	+19.84%
Current Drawdown Current decline from peak	-7.65%	-40.47%	+32.82%
Average Drawdown Average peak-to-trough decline	-6.02%	-9.68%	+3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.15%	24.38%	-15.23%

Volatility

AMZP vs. NFLP - Volatility Comparison

Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Kurv Yield Premium Strategy Netflix ETF (NFLP) have volatilities of 8.11% and 7.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZP	NFLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.11%	7.97%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	22.00%	27.69%	-5.69%
Volatility (1Y) Calculated over the trailing 1-year period	28.99%	33.31%	-4.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.81%	28.86%	-2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.81%	28.86%	-2.05%

AMZP vs. NFLP - Expense Ratio Comparison

Both AMZP and NFLP have an expense ratio of 0.99%.

Dividends

AMZP vs. NFLP - Dividend Comparison

AMZP's dividend yield for the trailing twelve months is around 19.00%, less than NFLP's 25.43% yield.

Position	TTM	2025	2024	2023
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	19.00%	22.04%	15.15%	2.45%
NFLP Kurv Yield Premium Strategy Netflix ETF	25.43%	26.56%	19.87%	3.21%

Frequently Asked Questions

Can I hold both AMZP and NFLP in my portfolio?

AMZP and NFLP have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMZP or NFLP?

AMZP has higher volatility (8.11%) compared to NFLP (7.97%). In terms of maximum drawdown, AMZP dropped -27.36% vs NFLP's -43.48%.

Which ETF is better, AMZP or NFLP?

On 1-year performance, AMZP leads with 23.84% vs -36.11% for NFLP. Both ETFs have the same 0.99% expense ratio. On volatility, NFLP has been the lower-risk option at 7.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZP or NFLP?

Over the 1-year period, AMZP has performed better with a 23.84% return vs -36.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZP or NFLP?

AMZP and NFLP have the same expense ratio: 0.99% per year.

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

NFLP has the higher dividend yield at 25.43%, compared with 19.00% for AMZP.

What is the main difference between AMZP and NFLP?

AMZP is categorized as Options Trading, while NFLP is Derivative Income.

Which has better risk-adjusted returns?

AMZP currently has the higher Sharpe Ratio (0.83 vs -1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.