METV vs. AMZP

Last updated Jun 24, 2026

METV (Roundhill Ball Metaverse ETF) and AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) are both exchange-traded funds - METV is a Technology Equities fund tracking the Ball Metaverse Index - Benchmark TR Net, while AMZP is a Options Trading fund actively managed by Kurv. METV is passively managed, while AMZP is actively managed. Over the past year, METV returned 11.35% vs 11.65% for AMZP. A 0.59 correlation means they provide meaningful diversification when combined. METV charges 0.75%/yr vs 0.99%/yr for AMZP.

Performance

METV vs. AMZP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Ball Metaverse ETF (METV) 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, METV achieves a -3.41% return, which is significantly lower than AMZP's -2.19% return.

METV

• 1D: -1.89%
• 1M: -4.22%
• YTD: -3.41%
• 6M: -3.49%
• 1Y: 11.35%
• 3Y*: 21.73%
• 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)

METV vs. AMZP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
METV Roundhill Ball Metaverse ETF	-3.41%	30.83%	24.93%	16.22%
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	-2.19%	9.56%	37.42%	7.73%

Correlation

The correlation between METV and AMZP is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	0.59

The correlation between METV and AMZP shifts across timeframes, from 0.49 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

METV vs. AMZP — Risk / Return Rank

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

METV

METV Risk / Return Rank: 14
METV Sharpe Ratio Rank: 15
METV Sortino Ratio Rank: 15
METV Omega Ratio Rank: 15
METV Calmar Ratio Rank: 13
METV Martin Ratio Rank: 13

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.

METV vs. AMZP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ball Metaverse ETF (METV) 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.

	METV	AMZP	Difference
Sharpe ratio: Return per unit of total volatility	0.46	0.39	+0.07
Sortino ratio: Return per unit of downside risk	0.77	0.73	+0.04
Omega ratio: Gain probability vs. loss probability	1.10	1.09	+0.01
Calmar ratio: Return relative to maximum drawdown	0.40	0.50	-0.09
Martin ratio: Return relative to average drawdown	0.89	1.21	-0.31

METV vs. AMZP - Sharpe Ratio Comparison

The current METV Sharpe Ratio is 0.46, which is comparable to the AMZP Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of METV 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

METV vs. AMZP - Drawdown Comparison

The maximum METV drawdown since its inception was -59.64%, which is greater than AMZP's maximum drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for METV and AMZP.

Drawdown Indicators

	METV	AMZP	Difference
Max Drawdown Largest peak-to-trough decline	-59.64%	-27.36%	-32.28%
Max Drawdown (1Y) Largest decline over 1 year	-28.27%	-23.64%	-4.63%
Max Drawdown (3Y) Largest decline over 3 years	-28.27%	—	—
Current Drawdown Current decline from peak	-14.56%	-16.53%	+1.97%
Average Drawdown Average peak-to-trough decline	-25.86%	-6.16%	-19.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.72%	9.67%	+3.05%

Volatility

METV vs. AMZP - Volatility Comparison

The current volatility for Roundhill Ball Metaverse ETF (METV) is 9.11%, while Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a volatility of 10.66%. This indicates that METV experiences smaller price fluctuations and is considered to be less risky than AMZP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METV	AMZP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.11%	10.66%	-1.55%
Volatility (6M) Calculated over the trailing 6-month period	19.24%	23.61%	-4.37%
Volatility (1Y) Calculated over the trailing 1-year period	25.02%	30.20%	-5.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.03%	27.14%	+2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.03%	27.14%	+2.89%

METV vs. AMZP - Expense Ratio Comparison

METV has a 0.75% expense ratio, which is lower than AMZP's 0.99% expense ratio.

Dividends

METV vs. AMZP - Dividend Comparison

METV's dividend yield for the trailing twelve months is around 0.19%, less than AMZP's 20.90% yield.

Position	TTM	2025	2024	2023	2022
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF	20.90%	22.04%	15.15%	2.45%	0.00%
METV Roundhill Ball Metaverse ETF	0.19%	0.18%	0.00%	0.17%	0.09%

Frequently Asked Questions

Can I hold both METV and AMZP in my portfolio?

METV and AMZP have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, METV or AMZP?

AMZP has higher volatility (10.66%) compared to METV (9.11%). In terms of maximum drawdown, METV dropped -59.64% vs AMZP's -27.36%.

Which ETF is better, METV or AMZP?

On 1-year performance, AMZP leads with 11.65% vs 11.35% for METV. On fees, METV is cheaper at 0.75% per year. On volatility, METV has been the lower-risk option at 9.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METV or AMZP?

Over the 1-year period, AMZP has performed better with a 11.65% return vs 11.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METV or AMZP?

METV is cheaper with a 0.75% expense ratio, compared with 0.99% for AMZP.

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

AMZP has the higher dividend yield at 20.90%, compared with 0.19% for METV.

What is the main difference between METV and AMZP?

METV is categorized as Technology Equities, while AMZP is Options Trading. They also come from different issuers: Roundhill Investments and Kurv. Their fees differ too: 0.75% for METV and 0.99% for AMZP.

Which has better risk-adjusted returns?

METV currently has the higher Sharpe Ratio (0.46 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.