AMZP vs. NVDY
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and YieldMax NVDA Option Income Strategy ETF (NVDY).
AMZP and NVDY 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. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or NVDY.
Key characteristics
| AMZP | NVDY | |
|---|---|---|
| YTD Return | 30.06% | 117.84% |
| 1Y Return | 39.55% | 136.80% |
| Sharpe Ratio | 1.82 | 3.25 |
| Sortino Ratio | 2.50 | 3.59 |
| Omega Ratio | 1.34 | 1.51 |
| Calmar Ratio | 2.23 | 6.47 |
| Martin Ratio | 8.26 | 21.44 |
| Ulcer Index | 4.66% | 6.39% |
| Daily Std Dev | 21.17% | 42.20% |
| Max Drawdown | -17.26% | -21.19% |
| Current Drawdown | -0.30% | -1.93% |
Correlation
The correlation between AMZP and NVDY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMZP vs. NVDY - Performance Comparison
In the year-to-date period, AMZP achieves a 30.06% return, which is significantly lower than NVDY's 117.84% 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. NVDY - Expense Ratio Comparison
Both AMZP and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AMZP vs. NVDY - 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 NVDA Option Income Strategy ETF (NVDY). 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. NVDY - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.05%, less than NVDY's 68.93% yield.
| TTM | 2023 | |
|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.05% | 2.46% |
NVDY YieldMax NVDA Option Income Strategy ETF | 68.93% | 22.32% |
Drawdowns
AMZP vs. NVDY - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, smaller than the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for AMZP and NVDY. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. NVDY - Volatility Comparison
The current volatility for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) is 7.48%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.31%. This indicates that AMZP experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.