NFLP vs. GOOP

Last updated Jun 23, 2026

NFLP (Kurv Yield Premium Strategy Netflix ETF) and GOOP (Kurv Yield Premium Strategy Google ETF) are both Derivative Income funds from Kurv. Both are actively managed. Over the past year, NFLP returned -46.09% vs 90.84% for GOOP. At a 0.23 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

NFLP vs. GOOP - Performance Comparison

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

Returns By Period

In the year-to-date period, NFLP achieves a -28.63% return, which is significantly lower than GOOP's 9.46% return.

NFLP

• 1D: -6.68%
• 1M: -20.17%
• YTD: -28.63%
• 6M: -28.08%
• 1Y: -46.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOP

• 1D: -5.16%
• 1M: -9.57%
• YTD: 9.46%
• 6M: 10.88%
• 1Y: 90.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLP vs. GOOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NFLP Kurv Yield Premium Strategy Netflix ETF	-28.63%	-1.54%	53.24%	7.73%
GOOP Kurv Yield Premium Strategy Google ETF	9.46%	52.46%	27.67%	6.17%

Correlation

The correlation between NFLP and GOOP is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	0.23

The correlation between NFLP and GOOP shifts across timeframes, from 0.05 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NFLP vs. GOOP — Risk / Return Rank

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

NFLP

NFLP Risk / Return Rank: 0
NFLP Sharpe Ratio Rank: 0
NFLP Sortino Ratio Rank: 0
NFLP Omega Ratio Rank: 0
NFLP Calmar Ratio Rank: 1
NFLP Martin Ratio Rank: 0

GOOP

GOOP Risk / Return Rank: 86
GOOP Sharpe Ratio Rank: 93
GOOP Sortino Ratio Rank: 91
GOOP Omega Ratio Rank: 89
GOOP Calmar Ratio Rank: 79
GOOP Martin Ratio Rank: 76

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. GOOP - 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 Google ETF (GOOP). 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	GOOP	Difference
Sharpe ratio: Return per unit of total volatility	-1.35	3.16	-4.51
Sortino ratio: Return per unit of downside risk	-2.11	4.12	-6.24
Omega ratio: Gain probability vs. loss probability	0.73	1.54	-0.80
Calmar ratio: Return relative to maximum drawdown	-0.94	3.92	-4.86
Martin ratio: Return relative to average drawdown	-1.75	14.03	-15.79

NFLP vs. GOOP - Sharpe Ratio Comparison

The current NFLP Sharpe Ratio is -1.35, which is lower than the GOOP Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of NFLP and GOOP, 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

NFLP vs. GOOP - Drawdown Comparison

The maximum NFLP drawdown since its inception was -49.06%, which is greater than GOOP's maximum drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for NFLP and GOOP.

Drawdown Indicators

	NFLP	GOOP	Difference
Max Drawdown Largest peak-to-trough decline	-49.06%	-27.49%	-21.57%
Max Drawdown (1Y) Largest decline over 1 year	-49.06%	-23.32%	-25.74%
Current Drawdown Current decline from peak	-49.06%	-14.18%	-34.88%
Average Drawdown Average peak-to-trough decline	-10.33%	-6.36%	-3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.29%	6.50%	+19.79%

Volatility

NFLP vs. GOOP - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Netflix ETF (NFLP) is 9.07%, while Kurv Yield Premium Strategy Google ETF (GOOP) has a volatility of 10.36%. This indicates that NFLP experiences smaller price fluctuations and is considered to be less risky than GOOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLP	GOOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.07%	10.36%	-1.29%
Volatility (6M) Calculated over the trailing 6-month period	27.84%	23.49%	+4.35%
Volatility (1Y) Calculated over the trailing 1-year period	34.30%	28.93%	+5.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.09%	26.19%	+2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.09%	26.19%	+2.90%

NFLP vs. GOOP - Expense Ratio Comparison

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

Dividends

NFLP vs. GOOP - Dividend Comparison

NFLP's dividend yield for the trailing twelve months is around 29.72%, more than GOOP's 12.96% yield.

Position	TTM	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	12.96%	11.79%	13.73%	2.06%
NFLP Kurv Yield Premium Strategy Netflix ETF	29.72%	26.56%	19.87%	3.21%

Frequently Asked Questions

Can I hold both NFLP and GOOP in my portfolio?

NFLP and GOOP have a correlation of 0.05, 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 GOOP?

GOOP has higher volatility (10.36%) compared to NFLP (9.07%). In terms of maximum drawdown, NFLP dropped -49.06% vs GOOP's -27.49%.

Which ETF is better, NFLP or GOOP?

On 1-year performance, GOOP leads with 90.84% vs -46.09% for NFLP. Both ETFs have the same 0.99% expense ratio. On volatility, NFLP has been the lower-risk option at 9.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLP or GOOP?

Over the 1-year period, GOOP has performed better with a 90.84% return vs -46.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLP or GOOP?

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

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

NFLP has the higher dividend yield at 29.72%, compared with 12.96% for GOOP.

Which has better risk-adjusted returns?

GOOP currently has the higher Sharpe Ratio (3.16 vs -1.35), 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.