GOOP vs. AMZP

Last updated Jun 24, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) and AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) are both exchange-traded funds - GOOP is a Derivative Income fund actively managed by Kurv, while AMZP is a Options Trading fund actively managed by Kurv. Both are actively managed. Over the past year, GOOP returned 89.88% vs 11.65% for AMZP. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

GOOP vs. AMZP - Performance Comparison

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

Returns By Period

In the year-to-date period, GOOP achieves a 8.31% return, which is significantly higher than AMZP's -2.19% return.

GOOP

• 1D: -1.05%
• 1M: -10.52%
• YTD: 8.31%
• 6M: 8.42%
• 1Y: 89.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMZP

• 1D: 0.48%
• 1M: -13.35%
• YTD: -2.19%
• 6M: -2.18%
• 1Y: 11.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOP vs. AMZP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	8.31%	52.46%	27.67%	6.17%
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	-2.19%	9.56%	37.42%	7.73%

Correlation

The correlation between GOOP and AMZP is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	0.57

The correlation between GOOP and AMZP has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.

Return for Risk

GOOP vs. AMZP — Risk / Return Rank

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

GOOP

GOOP Risk / Return Rank: 85
GOOP Sharpe Ratio Rank: 92
GOOP Sortino Ratio Rank: 91
GOOP Omega Ratio Rank: 89
GOOP Calmar Ratio Rank: 78
GOOP Martin Ratio Rank: 76

AMZP

AMZP Risk / Return Rank: 14
AMZP Sharpe Ratio Rank: 14
AMZP Sortino Ratio Rank: 15
AMZP Omega Ratio Rank: 15
AMZP Calmar Ratio Rank: 14
AMZP Martin Ratio Rank: 14

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.

GOOP vs. AMZP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google ETF (GOOP) and Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP). 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.

	GOOP	AMZP	Difference
Sharpe ratio: Return per unit of total volatility	3.13	0.39	+2.74
Sortino ratio: Return per unit of downside risk	4.09	0.73	+3.36
Omega ratio: Gain probability vs. loss probability	1.53	1.09	+0.44
Calmar ratio: Return relative to maximum drawdown	3.87	0.50	+3.38
Martin ratio: Return relative to average drawdown	13.74	1.21	+12.53

GOOP vs. AMZP - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 3.13, which is higher than the AMZP Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of GOOP and AMZP, 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

GOOP vs. AMZP - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, roughly equal to the maximum AMZP drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for GOOP and AMZP.

Drawdown Indicators

	GOOP	AMZP	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-27.36%	-0.13%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	-23.64%	+0.32%
Current Drawdown Current decline from peak	-15.08%	-16.53%	+1.45%
Average Drawdown Average peak-to-trough decline	-6.37%	-6.16%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	9.67%	-3.11%

Volatility

GOOP vs. AMZP - Volatility Comparison

Kurv Yield Premium Strategy Google ETF (GOOP) and Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) have volatilities of 10.37% and 10.66%, 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

	GOOP	AMZP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.37%	10.66%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	23.44%	23.61%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	28.90%	30.20%	-1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.18%	27.14%	-0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.18%	27.14%	-0.96%

GOOP vs. AMZP - Expense Ratio Comparison

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

Dividends

GOOP vs. AMZP - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 13.10%, less than AMZP's 20.90% yield.

Position	TTM	2025	2024	2023
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	20.90%	22.04%	15.15%	2.45%
GOOP Kurv Yield Premium Strategy Google ETF	13.10%	11.79%	13.73%	2.06%

Frequently Asked Questions

Can I hold both GOOP and AMZP in my portfolio?

GOOP and AMZP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOP or AMZP?

AMZP has higher volatility (10.66%) compared to GOOP (10.37%). In terms of maximum drawdown, GOOP dropped -27.49% vs AMZP's -27.36%.

Which ETF is better, GOOP or AMZP?

On 1-year performance, GOOP leads with 89.88% vs 11.65% for AMZP. Both ETFs have the same 0.99% expense ratio. On volatility, GOOP has been the lower-risk option at 10.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOP or AMZP?

Over the 1-year period, GOOP has performed better with a 89.88% return vs 11.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOP or AMZP?

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

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

AMZP has the higher dividend yield at 20.90%, compared with 13.10% for GOOP.

What is the main difference between GOOP and AMZP?

GOOP is categorized as Derivative Income, while AMZP is Options Trading.

Which has better risk-adjusted returns?

GOOP currently has the higher Sharpe Ratio (3.13 vs 0.39), 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.