AMZP vs. OEF
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and iShares S&P 100 ETF (OEF).
AMZP and OEF 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. OEF is a passively managed fund by iShares that tracks the performance of the S&P 100 Index. It was launched on Oct 23, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or OEF.
Key characteristics
| AMZP | OEF | |
|---|---|---|
| YTD Return | 30.06% | 30.52% |
| 1Y Return | 39.55% | 40.80% |
| Sharpe Ratio | 1.82 | 3.08 |
| Sortino Ratio | 2.50 | 4.04 |
| Omega Ratio | 1.34 | 1.57 |
| Calmar Ratio | 2.23 | 4.23 |
| Martin Ratio | 8.26 | 18.80 |
| Ulcer Index | 4.66% | 2.19% |
| Daily Std Dev | 21.17% | 13.34% |
| Max Drawdown | -17.26% | -54.11% |
| Current Drawdown | -0.30% | 0.00% |
Correlation
The correlation between AMZP and OEF is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMZP vs. OEF - Performance Comparison
The year-to-date returns for both investments are quite close, with AMZP having a 30.06% return and OEF slightly higher at 30.52%. 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. OEF - Expense Ratio Comparison
AMZP has a 0.99% expense ratio, which is higher than OEF's 0.20% expense ratio.
Risk-Adjusted Performance
AMZP vs. OEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and iShares S&P 100 ETF (OEF). 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. OEF - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.05%, more than OEF's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.05% | 2.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OEF iShares S&P 100 ETF | 0.99% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% | 1.85% | 1.96% |
Drawdowns
AMZP vs. OEF - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for AMZP and OEF. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. OEF - Volatility Comparison
Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a higher volatility of 7.48% compared to iShares S&P 100 ETF (OEF) at 4.34%. This indicates that AMZP's price experiences larger fluctuations and is considered to be riskier than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.