PFLT vs. AMZY
PFLT (PennantPark Floating Rate Capital Ltd.) is a stock, while AMZY (YieldMax AMZN Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, PFLT returned -17.85% vs 8.54% for AMZY. At a 0.23 correlation, their price movements are largely independent.
Performance
PFLT vs. AMZY - Performance Comparison
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Returns By Period
In the year-to-date period, PFLT achieves a -13.49% return, which is significantly lower than AMZY's 1.40% return.
PFLT
- 1D
- -1.32%
- 1M
- -8.82%
- YTD
- -13.49%
- 6M
- -11.20%
- 1Y
- -17.85%
- 3Y*
- 0.05%
- 5Y*
- 0.63%
- 10Y*
- 5.33%
AMZY
- 1D
- 1.83%
- 1M
- -6.71%
- YTD
- 1.40%
- 6M
- 2.54%
- 1Y
- 8.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PFLT vs. AMZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | -13.49% | -4.17% | 0.62% | 15.16% |
AMZY YieldMax AMZN Option Income Strategy ETF | 1.40% | 10.39% | 35.28% | 18.03% |
Correlation
The correlation between PFLT and AMZY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.24 |
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Return for Risk
PFLT vs. AMZY — Risk / Return Rank
PFLT
AMZY
PFLT vs. AMZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Floating Rate Capital Ltd. (PFLT) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.
| PFLT | AMZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.08 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 0.44 | -1.26 |
| Martin ratioReturn relative to average drawdown | -1.50 | 1.05 | -2.55 |
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Drawdowns
PFLT vs. AMZY - Drawdown Comparison
The maximum PFLT drawdown since its inception was -69.77%, which is greater than AMZY's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for PFLT and AMZY.
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Drawdown Indicators
| PFLT | AMZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.77% | -23.70% | -46.07% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -19.61% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -22.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.77% | — | — |
Current DrawdownCurrent decline from peak | -22.85% | -9.46% | -13.39% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -5.38% | -2.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.93% | 8.13% | +3.80% |
Volatility
PFLT vs. AMZY - Volatility Comparison
PennantPark Floating Rate Capital Ltd. (PFLT) and YieldMax AMZN Option Income Strategy ETF (AMZY) have volatilities of 8.03% and 7.69%, 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
| PFLT | AMZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.03% | 7.69% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 16.77% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.81% | 23.97% | -3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.28% | 25.07% | -3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.98% | 25.07% | +3.91% |
Dividends
PFLT vs. AMZY - Dividend Comparison
PFLT's dividend yield for the trailing twelve months is around 16.18%, less than AMZY's 56.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 56.44% | 52.59% | 47.91% | 9.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFLT PennantPark Floating Rate Capital Ltd. | 16.18% | 13.27% | 11.25% | 9.98% | 10.38% | 8.93% | 10.83% | 9.24% | 9.59% | 8.31% | 8.08% | 10.04% |
Frequently Asked Questions
PFLT and AMZY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFLT has higher volatility (8.03%) compared to AMZY (7.69%). In terms of maximum drawdown, PFLT dropped -69.77% vs AMZY's -23.70%.
AMZY currently has the higher Sharpe Ratio (0.36 vs -0.86), 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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