AMZP vs. NVII

Last updated Jul 17, 2026

AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) and NVII (REX NVIDIA Growth & Income ETF) are both exchange-traded funds - AMZP is a Options Trading fund actively managed by Kurv, while NVII is a Derivative Income fund actively managed by REX. Both are actively managed. Over the past year, AMZP returned 11.38% vs 29.35% for NVII. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMZP vs. NVII - Performance Comparison

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

Returns By Period

In the year-to-date period, AMZP achieves a 4.51% return, which is significantly lower than NVII's 13.29% return.

AMZP

• 1D: -2.32%
• 1M: 1.33%
• 6M: 3.61%
• YTD: 4.51%
• 1Y: 11.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVII

• 1D: -1.83%
• 1M: 1.41%
• 6M: 11.95%
• YTD: 13.29%
• 1Y: 29.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZP vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	4.51%	15.36%
NVII REX NVIDIA Growth & Income ETF	13.29%	47.63%

Correlation

The correlation between AMZP and NVII is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since May 28, 2025	0.31

Return for Risk

AMZP vs. NVII — Risk / Return Rank

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

AMZP

AMZP Risk / Return Rank: 16
AMZP Sharpe Ratio Rank: 16
AMZP Sortino Ratio Rank: 16
AMZP Omega Ratio Rank: 16
AMZP Calmar Ratio Rank: 16
AMZP Martin Ratio Rank: 16

NVII

NVII Risk / Return Rank: 30
NVII Sharpe Ratio Rank: 27
NVII Sortino Ratio Rank: 27
NVII Omega Ratio Rank: 27
NVII Calmar Ratio Rank: 37
NVII Martin Ratio Rank: 30

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. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and REX NVIDIA Growth & Income ETF (NVII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMZP	NVII	Difference
Sharpe ratio: Return per unit of total volatility	0.37	0.81	-0.44
Sortino ratio: Return per unit of downside risk	0.71	1.28	-0.56
Omega ratio: Gain probability vs. loss probability	1.09	1.16	-0.07
Calmar ratio: Return relative to maximum drawdown	0.48	1.59	-1.10
Martin ratio: Return relative to average drawdown	1.11	3.46	-2.34

AMZP vs. NVII - Sharpe Ratio Comparison

The current AMZP Sharpe Ratio is 0.37, which is lower than the NVII Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of AMZP and NVII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMZP vs. NVII - Drawdown Comparison

The maximum AMZP drawdown since its inception was -27.36%, which is greater than NVII's maximum drawdown of -18.56%. Use the drawdown chart below to compare losses from any high point for AMZP and NVII.

Drawdown Indicators

	AMZP	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-18.56%	-8.80%
Max Drawdown (1Y) Largest decline over 1 year	-23.64%	-18.56%	-5.08%
Current Drawdown Current decline from peak	-10.82%	-10.29%	-0.53%
Average Drawdown Average peak-to-trough decline	-6.33%	-6.23%	-0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	8.51%	+1.75%

Volatility

AMZP vs. NVII - Volatility Comparison

Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and REX NVIDIA Growth & Income ETF (NVII) have volatilities of 10.29% and 10.42%, 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	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.29%	10.42%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	24.24%	27.93%	-3.69%
Volatility (1Y) Calculated over the trailing 1-year period	30.59%	36.25%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.19%	35.52%	-8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.19%	35.52%	-8.33%

AMZP vs. NVII - Expense Ratio Comparison

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

Dividends

AMZP vs. NVII - Dividend Comparison

AMZP's dividend yield for the trailing twelve months is around 19.45%, less than NVII's 55.68% yield.

Position	TTM	2025	2024	2023
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	19.45%	22.04%	15.15%	2.45%
NVII REX NVIDIA Growth & Income ETF	55.68%	29.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZP and NVII in my portfolio?

AMZP and NVII have a correlation of 0.32, 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 NVII?

NVII has higher volatility (10.42%) compared to AMZP (10.29%). In terms of maximum drawdown, AMZP dropped -27.36% vs NVII's -18.56%.

Which ETF is better, AMZP or NVII?

On 1-year performance, NVII leads with 29.35% vs 11.38% for AMZP. Both ETFs have the same 0.99% expense ratio. On volatility, AMZP has been the lower-risk option at 10.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZP or NVII?

Over the 1-year period, NVII has performed better with a 29.35% return vs 11.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZP or NVII?

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

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

NVII has the higher dividend yield at 55.68%, compared with 19.45% for AMZP.

What is the main difference between AMZP and NVII?

AMZP is categorized as Options Trading, while NVII is Derivative Income. They also come from different issuers: Kurv and REX.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (0.81 vs 0.37), 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.