AMZP vs. SVOL
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Simplify Volatility Premium ETF (SVOL).
AMZP and SVOL 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. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or SVOL.
Key characteristics
| AMZP | SVOL | |
|---|---|---|
| YTD Return | 24.47% | 5.25% |
| 1Y Return | 34.93% | 9.44% |
| Sharpe Ratio | 1.69 | 0.86 |
| Sortino Ratio | 2.34 | 1.17 |
| Omega Ratio | 1.32 | 1.21 |
| Calmar Ratio | 2.06 | 0.93 |
| Martin Ratio | 7.63 | 6.10 |
| Ulcer Index | 4.66% | 1.66% |
| Daily Std Dev | 21.07% | 11.80% |
| Max Drawdown | -17.26% | -15.68% |
| Current Drawdown | -0.62% | -4.10% |
Correlation
The correlation between AMZP and SVOL is 0.44, 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. SVOL - Performance Comparison
In the year-to-date period, AMZP achieves a 24.47% return, which is significantly higher than SVOL's 5.25% 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. SVOL - Expense Ratio Comparison
AMZP has a 0.99% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
AMZP vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Simplify Volatility Premium ETF (SVOL). 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. SVOL - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.63%, less than SVOL's 16.98% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.63% | 2.45% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.98% | 16.36% | 18.21% | 4.65% |
Drawdowns
AMZP vs. SVOL - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for AMZP and SVOL. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. SVOL - Volatility Comparison
Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a higher volatility of 7.69% compared to Simplify Volatility Premium ETF (SVOL) at 3.34%. This indicates that AMZP's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.