NFLP vs. SGOV
NFLP (Kurv Yield Premium Strategy Netflix ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - NFLP is a Derivative Income fund actively managed by Kurv, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. NFLP is actively managed, while SGOV is passively managed. Over the past year, NFLP returned -49.63% vs 3.92% for SGOV. At a 0.00 correlation, their price movements are largely independent. NFLP charges 0.99%/yr vs 0.09%/yr for SGOV.
Performance
NFLP vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, NFLP achieves a -31.18% return, which is significantly lower than SGOV's 1.72% return.
NFLP
- 1D
- -3.69%
- 1M
- -23.02%
- YTD
- -31.18%
- 6M
- -30.98%
- 1Y
- -49.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.72%
- 6M
- 1.79%
- 1Y
- 3.92%
- 3Y*
- 4.69%
- 5Y*
- 3.58%
- 10Y*
- —
NFLP vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | -31.18% | -1.54% | 53.24% | 13.91% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.72% | 4.24% | 5.27% | 0.94% |
Correlation
The correlation between NFLP and SGOV is -0.01, 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 | -0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023 | 0.00 |
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Return for Risk
NFLP vs. SGOV — Risk / Return Rank
NFLP
SGOV
NFLP vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.77 | ||
| Sortino ratioReturn per unit of downside risk | -275.91 | ||
| Omega ratioGain probability vs. loss probability | 0.70 | 194.05 | -193.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 395.07 | -396.05 |
| Martin ratioReturn relative to average drawdown | -1.86 | 4,426.92 | -4,428.79 |
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Drawdowns
NFLP vs. SGOV - Drawdown Comparison
The maximum NFLP drawdown since its inception was -50.88%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for NFLP and SGOV.
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Drawdown Indicators
| NFLP | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.88% | -0.03% | -50.85% |
Max Drawdown (1Y)Largest decline over 1 year | -50.88% | -0.01% | -50.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -50.88% | 0.00% | -50.88% |
Average DrawdownAverage peak-to-trough decline | -10.45% | -0.00% | -10.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.66% | 0.00% | +26.66% |
Volatility
NFLP vs. SGOV - Volatility Comparison
Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 9.22% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLP | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.22% | 0.04% | +9.18% |
Volatility (6M)Calculated over the trailing 6-month period | 28.05% | 0.13% | +27.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.35% | 0.19% | +34.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.14% | 0.24% | +28.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.14% | 0.24% | +28.90% |
NFLP vs. SGOV - Expense Ratio Comparison
NFLP has a 0.99% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
NFLP vs. SGOV - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 30.82%, more than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | 30.82% | 26.56% | 19.87% | 3.21% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
NFLP and SGOV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLP has higher volatility (9.22%) compared to SGOV (0.04%). In terms of maximum drawdown, NFLP dropped -50.88% vs SGOV's -0.03%.
On 1-year performance, SGOV leads with 3.92% vs -49.63% for NFLP. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SGOV has performed better with a 3.92% return vs -49.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.99% for NFLP.
NFLP has the higher dividend yield at 30.82%, compared with 3.85% for SGOV.
NFLP is categorized as Derivative Income, while SGOV is Ultrashort Bond. They also come from different issuers: Kurv and iShares. Their fees differ too: 0.99% for NFLP and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.32 vs -1.45), 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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