NFLP vs. YMAX
Compare and contrast key facts about Kurv Yield Premium Strategy Netflix ETF (NFLP) and YieldMax Universe Fund of Option Income ETFs (YMAX).
NFLP and YMAX 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. YMAX is an actively managed fund by YieldMax. It was launched on Jan 16, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLP or YMAX.
Correlation
The correlation between NFLP and YMAX is 0.56, 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. YMAX - Performance Comparison
Key characteristics
NFLP:
2.19
YMAX:
1.26
NFLP:
3.13
YMAX:
1.71
NFLP:
1.45
YMAX:
1.22
NFLP:
4.59
YMAX:
1.88
NFLP:
14.26
YMAX:
5.87
NFLP:
3.47%
YMAX:
4.09%
NFLP:
22.61%
YMAX:
19.07%
NFLP:
-10.80%
YMAX:
-12.78%
NFLP:
-4.18%
YMAX:
-4.35%
Returns By Period
In the year-to-date period, NFLP achieves a 10.95% return, which is significantly higher than YMAX's 2.29% return.
NFLP
10.95%
2.73%
34.35%
47.39%
N/A
N/A
YMAX
2.29%
-0.96%
15.25%
19.80%
N/A
N/A
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NFLP vs. YMAX - Expense Ratio Comparison
NFLP has a 0.99% expense ratio, which is lower than YMAX's 1.28% expense ratio.
Risk-Adjusted Performance
NFLP vs. YMAX — Risk-Adjusted Performance Rank
NFLP
YMAX
NFLP vs. YMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and YieldMax Universe Fund of Option Income ETFs (YMAX). 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. YMAX - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 18.56%, less than YMAX's 51.31% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | 18.56% | 19.87% | 3.21% |
YMAX YieldMax Universe Fund of Option Income ETFs | 51.31% | 44.21% | 0.00% |
Drawdowns
NFLP vs. YMAX - Drawdown Comparison
The maximum NFLP drawdown since its inception was -10.80%, smaller than the maximum YMAX drawdown of -12.78%. Use the drawdown chart below to compare losses from any high point for NFLP and YMAX. For additional features, visit the drawdowns tool.
Volatility
NFLP vs. YMAX - Volatility Comparison
The current volatility for Kurv Yield Premium Strategy Netflix ETF (NFLP) is 5.08%, while YieldMax Universe Fund of Option Income ETFs (YMAX) has a volatility of 6.34%. This indicates that NFLP experiences smaller price fluctuations and is considered to be less risky than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.