NFLP vs. XES
NFLP (Kurv Yield Premium Strategy Netflix ETF) and XES (SPDR S&P Oil & Gas Equipment & Services ETF) are both exchange-traded funds - NFLP is a Derivative Income fund actively managed by Kurv, while XES is a Energy Equities fund tracking the S&P Oil & Gas Equipment & Services Select Industry Index. NFLP is actively managed, while XES is passively managed. Over the past year, NFLP returned -37.65% vs 97.14% for XES. At a 0.06 correlation, their price movements are largely independent. NFLP charges 0.99%/yr vs 0.35%/yr for XES.
Performance
NFLP vs. XES - Performance Comparison
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Returns By Period
In the year-to-date period, NFLP achieves a -18.61% return, which is significantly lower than XES's 50.69% return.
NFLP
- 1D
- -2.43%
- 1M
- -12.31%
- YTD
- -18.61%
- 6M
- -25.81%
- 1Y
- -37.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XES
- 1D
- -0.56%
- 1M
- -4.59%
- YTD
- 50.69%
- 6M
- 43.67%
- 1Y
- 97.14%
- 3Y*
- 19.81%
- 5Y*
- 13.75%
- 10Y*
- -2.47%
NFLP vs. XES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | -18.61% | -1.54% | 53.24% | 13.96% |
XES SPDR S&P Oil & Gas Equipment & Services ETF | 50.69% | 5.89% | -5.44% | -4.06% |
Correlation
The correlation between NFLP and XES is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2023 | 0.06 |
The correlation between NFLP and XES shifts across timeframes, from -0.16 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NFLP vs. XES — Risk / Return Rank
NFLP
XES
NFLP vs. XES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and SPDR S&P Oil & Gas Equipment & Services ETF (XES). 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 | XES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.36 | ||
| Sortino ratioReturn per unit of downside risk | -5.51 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.48 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 9.93 | -10.80 |
| Martin ratioReturn relative to average drawdown | -1.54 | 26.79 | -28.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NFLP | XES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.13 | 3.23 | -4.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | -0.07 | +0.56 |
Drawdowns
NFLP vs. XES - Drawdown Comparison
The maximum NFLP drawdown since its inception was -43.48%, smaller than the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for NFLP and XES.
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Drawdown Indicators
| NFLP | XES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.48% | -95.65% | +52.17% |
Max Drawdown (1Y)Largest decline over 1 year | -43.48% | -9.84% | -33.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -91.23% | — |
Current DrawdownCurrent decline from peak | -41.92% | -70.90% | +28.98% |
Average DrawdownAverage peak-to-trough decline | -9.73% | -54.36% | +44.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.52% | 3.64% | +20.88% |
Volatility
NFLP vs. XES - Volatility Comparison
Kurv Yield Premium Strategy Netflix ETF (NFLP) and SPDR S&P Oil & Gas Equipment & Services ETF (XES) have volatilities of 8.15% and 8.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLP | XES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 8.22% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 27.72% | 20.52% | +7.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.37% | 30.50% | +2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.88% | 39.04% | -10.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.88% | 45.04% | -16.16% |
NFLP vs. XES - Expense Ratio Comparison
NFLP has a 0.99% expense ratio, which is higher than XES's 0.35% expense ratio.
Dividends
NFLP vs. XES - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 26.06%, more than XES's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XES SPDR S&P Oil & Gas Equipment & Services ETF | 1.12% | 1.69% | 1.31% | 0.66% | 0.36% | 1.81% | 1.33% | 1.43% | 1.14% | 1.68% | 0.64% | 2.47% |
Frequently Asked Questions
NFLP and XES have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XES has higher volatility (8.22%) compared to NFLP (8.15%). In terms of maximum drawdown, NFLP dropped -43.48% vs XES's -95.65%.
On 1-year performance, XES leads with 97.14% vs -37.65% for NFLP. On fees, XES is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XES has performed better with a 97.14% return vs -37.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XES is cheaper with a 0.35% expense ratio, compared with 0.99% for NFLP.
NFLP has the higher dividend yield at 26.06%, compared with 1.12% for XES.
NFLP is categorized as Derivative Income, while XES is Energy Equities. They also come from different issuers: Kurv and State Street. Their fees differ too: 0.99% for NFLP and 0.35% for XES.
XES currently has the higher Sharpe Ratio (3.23 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.
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