AMZP vs. SWPPX
Compare and contrast key facts about Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) and Schwab S&P 500 Index Fund (SWPPX).
AMZP is an actively managed fund by Kurv. It was launched on Oct 31, 2023. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZP or SWPPX.
Key characteristics
| AMZP | SWPPX | |
|---|---|---|
| YTD Return | 24.47% | 21.09% |
| 1Y Return | 34.93% | 32.94% |
| Sharpe Ratio | 1.69 | 2.81 |
| Sortino Ratio | 2.34 | 3.72 |
| Omega Ratio | 1.32 | 1.52 |
| Calmar Ratio | 2.06 | 4.04 |
| Martin Ratio | 7.63 | 18.26 |
| Ulcer Index | 4.66% | 1.87% |
| Daily Std Dev | 21.07% | 12.18% |
| Max Drawdown | -17.26% | -55.06% |
| Current Drawdown | -0.62% | -2.56% |
Correlation
The correlation between AMZP and SWPPX is 0.65, 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. SWPPX - Performance Comparison
In the year-to-date period, AMZP achieves a 24.47% return, which is significantly higher than SWPPX's 21.09% 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. SWPPX - Expense Ratio Comparison
AMZP has a 0.99% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
AMZP vs. SWPPX - 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 S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
AMZP's dividend yield for the trailing twelve months is around 13.63%, more than SWPPX's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | 13.63% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
AMZP vs. SWPPX - Drawdown Comparison
The maximum AMZP drawdown since its inception was -17.26%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for AMZP and SWPPX. For additional features, visit the drawdowns tool.
Volatility
AMZP vs. SWPPX - Volatility Comparison
Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a higher volatility of 7.69% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.10%. This indicates that AMZP's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.