NFLY vs. NFLP
Compare and contrast key facts about YieldMax NFLX Option Income Strategy ETF (NFLY) and Kurv Yield Premium Strategy Netflix ETF (NFLP).
NFLY and NFLP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023. NFLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLY or NFLP.
Correlation
The correlation between NFLY and NFLP 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
NFLY vs. NFLP - Performance Comparison
Key characteristics
NFLY:
1.78
NFLP:
1.29
NFLY:
2.38
NFLP:
1.86
NFLY:
1.34
NFLP:
1.27
NFLY:
2.88
NFLP:
1.97
NFLY:
10.18
NFLP:
7.04
NFLY:
4.39%
NFLP:
4.67%
NFLY:
25.11%
NFLP:
25.58%
NFLY:
-21.45%
NFLP:
-16.65%
NFLY:
-9.59%
NFLP:
-10.67%
Returns By Period
In the year-to-date period, NFLY achieves a 2.96% return, which is significantly lower than NFLP's 3.44% return.
NFLY
2.96%
-4.34%
25.93%
42.58%
N/A
N/A
NFLP
3.44%
-4.78%
22.63%
32.09%
N/A
N/A
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NFLY vs. NFLP - Expense Ratio Comparison
Both NFLY and NFLP have an expense ratio of 0.99%.
Risk-Adjusted Performance
NFLY vs. NFLP — Risk-Adjusted Performance Rank
NFLY
NFLP
NFLY vs. NFLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NFLX Option Income Strategy ETF (NFLY) and Kurv Yield Premium Strategy Netflix ETF (NFLP). 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
NFLY vs. NFLP - Dividend Comparison
NFLY's dividend yield for the trailing twelve months is around 49.88%, more than NFLP's 23.86% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
NFLY YieldMax NFLX Option Income Strategy ETF | 49.88% | 49.91% | 11.84% |
NFLP Kurv Yield Premium Strategy Netflix ETF | 23.86% | 19.87% | 3.21% |
Drawdowns
NFLY vs. NFLP - Drawdown Comparison
The maximum NFLY drawdown since its inception was -21.45%, which is greater than NFLP's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for NFLY and NFLP. For additional features, visit the drawdowns tool.
Volatility
NFLY vs. NFLP - Volatility Comparison
The current volatility for YieldMax NFLX Option Income Strategy ETF (NFLY) is 11.94%, while Kurv Yield Premium Strategy Netflix ETF (NFLP) has a volatility of 12.96%. This indicates that NFLY experiences smaller price fluctuations and is considered to be less risky than NFLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.