NFLP vs. ARCC

Last updated Jun 4, 2026

NFLP (Kurv Yield Premium Strategy Netflix ETF) is Derivative Income fund actively managed by Kurv, while ARCC (Ares Capital Corporation) is a stock. Over the past year, NFLP returned -37.65% vs -6.58% for ARCC. At a 0.20 correlation, their price movements are largely independent.

Performance

NFLP vs. ARCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Netflix ETF (NFLP) and Ares Capital Corporation (ARCC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NFLP achieves a -18.61% return, which is significantly lower than ARCC's -5.14% return.

NFLP

• 1D: -2.43%
• 1M: -12.31%
• YTD: -18.61%
• 6M: -25.81%
• 1Y: -37.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARCC

• 1D: -1.53%
• 1M: -2.61%
• YTD: -5.14%
• 6M: -5.66%
• 1Y: -6.58%
• 3Y*: 9.07%
• 5Y*: 8.64%
• 10Y*: 12.56%

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

NFLP vs. ARCC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NFLP Kurv Yield Premium Strategy Netflix ETF	-18.61%	-1.54%	53.24%	13.96%
ARCC Ares Capital Corporation	-5.14%	1.07%	19.78%	9.95%

Correlation

The correlation between NFLP and ARCC is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 30, 2023	0.20

Return for Risk

NFLP vs. ARCC — Risk / Return Rank

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

NFLP

NFLP Risk / Return Rank: 1
NFLP Sharpe Ratio Rank: 1
NFLP Sortino Ratio Rank: 1
NFLP Omega Ratio Rank: 1
NFLP Calmar Ratio Rank: 1
NFLP Martin Ratio Rank: 1

ARCC

ARCC Risk / Return Rank: 25
ARCC Sharpe Ratio Rank: 25
ARCC Sortino Ratio Rank: 21
ARCC Omega Ratio Rank: 22
ARCC Calmar Ratio Rank: 29
ARCC Martin Ratio Rank: 29

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.

NFLP vs. ARCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and Ares Capital Corporation (ARCC). 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.

	NFLP	ARCC	Difference
Sharpe ratio: Return per unit of total volatility	-1.13	-0.36	-0.77
Sortino ratio: Return per unit of downside risk	-1.65	-0.38	-1.28
Omega ratio: Gain probability vs. loss probability	0.79	0.95	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.87	-0.34	-0.53
Martin ratio: Return relative to average drawdown	-1.54	-0.63	-0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFLP vs. ARCC - Sharpe Ratio Comparison

The current NFLP Sharpe Ratio is -1.13, which is lower than the ARCC Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of NFLP and ARCC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NFLP	ARCC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.13	-0.36	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.37	+0.11

Drawdowns

NFLP vs. ARCC - Drawdown Comparison

The maximum NFLP drawdown since its inception was -43.48%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for NFLP and ARCC.

Drawdown Indicators

	NFLP	ARCC	Difference
Max Drawdown Largest peak-to-trough decline	-43.48%	-79.36%	+35.88%
Max Drawdown (1Y) Largest decline over 1 year	-43.48%	-19.35%	-24.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.77%	—
Current Drawdown Current decline from peak	-41.92%	-13.66%	-28.26%
Average Drawdown Average peak-to-trough decline	-9.73%	-9.10%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.52%	10.48%	+14.04%

Volatility

NFLP vs. ARCC - Volatility Comparison

Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 8.15% compared to Ares Capital Corporation (ARCC) at 3.94%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than ARCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLP	ARCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	3.94%	+4.21%
Volatility (6M) Calculated over the trailing 6-month period	27.72%	14.71%	+13.01%
Volatility (1Y) Calculated over the trailing 1-year period	33.37%	18.40%	+14.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.88%	19.96%	+8.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.88%	25.58%	+3.30%

Dividends

NFLP vs. ARCC - Dividend Comparison

NFLP's dividend yield for the trailing twelve months is around 26.06%, more than ARCC's 10.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARCC Ares Capital Corporation	10.28%	9.49%	8.77%	9.59%	10.12%	7.65%	9.47%	9.01%	9.88%	9.67%	9.22%	11.02%
NFLP Kurv Yield Premium Strategy Netflix ETF	26.06%	26.56%	19.87%	3.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NFLP and ARCC in my portfolio?

NFLP and ARCC have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NFLP or ARCC?

NFLP has higher volatility (8.15%) compared to ARCC (3.94%). In terms of maximum drawdown, NFLP dropped -43.48% vs ARCC's -79.36%.

Which has better risk-adjusted returns?

ARCC currently has the higher Sharpe Ratio (-0.36 vs -1.13), 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.