NFLP vs. AMZP
NFLP (Kurv Yield Premium Strategy Netflix ETF) and AMZP (Kurv Yield Premium Strategy Amazon AMZN ETF) are both exchange-traded funds - NFLP 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, NFLP returned -46.94% vs 11.65% for AMZP. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
NFLP vs. AMZP - Performance Comparison
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Returns By Period
In the year-to-date period, NFLP achieves a -28.54% return, which is significantly lower than AMZP's -2.19% return.
NFLP
- 1D
- 0.12%
- 1M
- -20.07%
- YTD
- -28.54%
- 6M
- -27.91%
- 1Y
- -46.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZP
- 1D
- 0.48%
- 1M
- -13.35%
- YTD
- -2.19%
- 6M
- -2.18%
- 1Y
- 11.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLP vs. AMZP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | -28.54% | -1.54% | 53.24% | 7.73% |
AMZP Kurv Yield Premium Strategy Amazon AMZN ETF | -2.19% | 9.56% | 37.42% | 7.73% |
Correlation
The correlation between NFLP and AMZP is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.37 |
The correlation between NFLP and AMZP shifts across timeframes, from 0.25 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NFLP vs. AMZP — Risk / Return Rank
NFLP
AMZP
NFLP vs. AMZP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) 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.
| NFLP | AMZP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.09 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 0.50 | -1.45 |
| Martin ratioReturn relative to average drawdown | -1.77 | 1.21 | -2.98 |
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Drawdowns
NFLP vs. AMZP - Drawdown Comparison
The maximum NFLP drawdown since its inception was -49.06%, which is greater than AMZP's maximum drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for NFLP and AMZP.
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Drawdown Indicators
| NFLP | AMZP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.06% | -27.36% | -21.70% |
Max Drawdown (1Y)Largest decline over 1 year | -49.06% | -23.64% | -25.42% |
Current DrawdownCurrent decline from peak | -49.00% | -16.53% | -32.47% |
Average DrawdownAverage peak-to-trough decline | -10.39% | -6.16% | -4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.47% | 9.67% | +16.80% |
Volatility
NFLP vs. AMZP - Volatility Comparison
The current volatility for Kurv Yield Premium Strategy Netflix ETF (NFLP) is 8.84%, while Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP) has a volatility of 10.66%. This indicates that NFLP 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.
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Volatility by Period
| NFLP | AMZP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 10.66% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 27.84% | 23.61% | +4.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.23% | 30.20% | +4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 27.14% | +1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 27.14% | +1.93% |
NFLP vs. AMZP - Expense Ratio Comparison
Both NFLP and AMZP have an expense ratio of 0.99%.
Dividends
NFLP vs. AMZP - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 29.68%, more 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% |
NFLP Kurv Yield Premium Strategy Netflix ETF | 29.68% | 26.56% | 19.87% | 3.21% |
Frequently Asked Questions
NFLP and AMZP have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZP has higher volatility (10.66%) compared to NFLP (8.84%). In terms of maximum drawdown, NFLP dropped -49.06% vs AMZP's -27.36%.
On 1-year performance, AMZP leads with 11.65% vs -46.94% for NFLP. Both ETFs have the same 0.99% expense ratio. On volatility, NFLP has been the lower-risk option at 8.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AMZP has performed better with a 11.65% return vs -46.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFLP and AMZP have the same expense ratio: 0.99% per year.
NFLP has the higher dividend yield at 29.68%, compared with 20.90% for AMZP.
NFLP is categorized as Derivative Income, while AMZP is Options Trading.
AMZP currently has the higher Sharpe Ratio (0.39 vs -1.38), 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.
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