NFLP vs. NFLY
Compare and contrast key facts about Kurv Yield Premium Strategy Netflix ETF (NFLP) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLP and NFLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023. NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLP or NFLY.
Correlation
The correlation between NFLP and NFLY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NFLP vs. NFLY - Performance Comparison
Key characteristics
NFLP:
0.80
NFLY:
1.16
NFLP:
1.24
NFLY:
1.64
NFLP:
1.18
NFLY:
1.24
NFLP:
1.24
NFLY:
1.86
NFLP:
4.31
NFLY:
6.54
NFLP:
4.88%
NFLY:
4.58%
NFLP:
26.41%
NFLY:
25.91%
NFLP:
-16.94%
NFLY:
-21.45%
NFLP:
-16.94%
NFLY:
-16.09%
Returns By Period
In the year-to-date period, NFLP achieves a -3.81% return, which is significantly higher than NFLY's -4.44% return.
NFLP
-3.81%
-3.45%
12.30%
20.12%
N/A
N/A
NFLY
-4.44%
-2.66%
14.65%
29.46%
N/A
N/A
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NFLP vs. NFLY - Expense Ratio Comparison
Both NFLP and NFLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
NFLP vs. NFLY — Risk-Adjusted Performance Rank
NFLP
NFLY
NFLP vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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.
Dividends
NFLP vs. NFLY - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 25.66%, less than NFLY's 54.38% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | 25.66% | 19.87% | 3.21% |
NFLY YieldMax NFLX Option Income Strategy ETF | 54.38% | 49.91% | 11.84% |
Drawdowns
NFLP vs. NFLY - Drawdown Comparison
The maximum NFLP drawdown since its inception was -16.94%, smaller than the maximum NFLY drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for NFLP and NFLY. For additional features, visit the drawdowns tool.
Volatility
NFLP vs. NFLY - Volatility Comparison
Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 11.99% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 10.89%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.