NFLP vs. SPY
Compare and contrast key facts about Kurv Yield Premium Strategy Netflix ETF (NFLP) and SPDR S&P 500 ETF (SPY).
NFLP and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLP or SPY.
Correlation
The correlation between NFLP and SPY is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NFLP vs. SPY - Performance Comparison
Key characteristics
NFLP:
2.13
SPY:
1.70
NFLP:
3.06
SPY:
2.29
NFLP:
1.44
SPY:
1.31
NFLP:
4.46
SPY:
2.58
NFLP:
13.82
SPY:
10.64
NFLP:
3.49%
SPY:
2.03%
NFLP:
22.61%
SPY:
12.65%
NFLP:
-10.80%
SPY:
-55.19%
NFLP:
-5.14%
SPY:
-2.56%
Returns By Period
In the year-to-date period, NFLP achieves a 9.85% return, which is significantly higher than SPY's 1.90% return.
NFLP
9.85%
2.03%
32.70%
45.92%
N/A
N/A
SPY
1.90%
-1.77%
7.18%
19.10%
15.71%
12.98%
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NFLP vs. SPY - Expense Ratio Comparison
NFLP has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
NFLP vs. SPY — Risk-Adjusted Performance Rank
NFLP
SPY
NFLP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 18.75%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | 18.75% | 19.87% | 3.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NFLP vs. SPY - Drawdown Comparison
The maximum NFLP drawdown since its inception was -10.80%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NFLP and SPY. For additional features, visit the drawdowns tool.
Volatility
NFLP vs. SPY - Volatility Comparison
Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 4.93% compared to SPDR S&P 500 ETF (SPY) at 3.34%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.