AMZP vs. SCHG
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Schwab U.S. Large-Cap Growth ETF (SCHG).
AMZP and SCHG 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. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or SCHG.
Key characteristics
| AMZP | SCHG | |
|---|---|---|
| YTD Return | 30.29% | 34.42% |
| 1Y Return | 38.41% | 44.81% |
| Sharpe Ratio | 1.79 | 2.64 |
| Sortino Ratio | 2.46 | 3.39 |
| Omega Ratio | 1.34 | 1.48 |
| Calmar Ratio | 2.19 | 3.61 |
| Martin Ratio | 8.11 | 14.40 |
| Ulcer Index | 4.66% | 3.10% |
| Daily Std Dev | 21.12% | 16.93% |
| Max Drawdown | -17.26% | -34.59% |
| Current Drawdown | -0.12% | -0.11% |
Correlation
The correlation between AMZP and SCHG is 0.74, 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. SCHG - Performance Comparison
In the year-to-date period, AMZP achieves a 30.29% return, which is significantly lower than SCHG's 34.42% 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. SCHG - Expense Ratio Comparison
AMZP has a 0.99% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
AMZP vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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. SCHG - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.02%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.02% | 2.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
AMZP vs. SCHG - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for AMZP and SCHG. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. SCHG - Volatility Comparison
Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a higher volatility of 7.43% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.32%. This indicates that AMZP's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.