XOVR vs. AMZN

Last updated Jun 13, 2026

XOVR (ERShares Entrepreneur Private-Public Crossover ETF) is Large Cap Growth Equities fund tracking the ER30TR Index, while AMZN (Amazon.com, Inc) is a stock. Over the past 5 years, XOVR returned 5.40%/yr vs 7.35%/yr for AMZN. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

XOVR vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and Amazon.com, Inc (AMZN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOVR achieves a -0.89% return, which is significantly lower than AMZN's 3.35% return.

XOVR

• 1D: -0.70%
• 1M: 5.78%
• YTD: -0.89%
• 6M: 0.05%
• 1Y: 8.89%
• 3Y*: 17.94%
• 5Y*: 5.40%
• 10Y*: —

AMZN

• 1D: -1.23%
• 1M: -11.69%
• YTD: 3.35%
• 6M: 5.46%
• 1Y: 11.87%
• 3Y*: 23.49%
• 5Y*: 7.35%
• 10Y*: 20.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XOVR vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XOVR ERShares Entrepreneur Private-Public Crossover ETF	-0.89%	11.83%	33.21%	51.89%	-41.09%	-7.24%	50.39%	31.72%	-5.02%	1.54%
AMZN Amazon.com, Inc	3.35%	5.21%	44.39%	80.88%	-49.62%	2.38%	76.26%	23.03%	28.43%	4.12%

Correlation

The correlation between XOVR and AMZN is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Nov 8, 2017	0.68

The correlation between XOVR and AMZN shifts across timeframes, from 0.50 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XOVR vs. AMZN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XOVR

XOVR Risk / Return Rank: 15
XOVR Sharpe Ratio Rank: 17
XOVR Sortino Ratio Rank: 16
XOVR Omega Ratio Rank: 16
XOVR Calmar Ratio Rank: 14
XOVR Martin Ratio Rank: 14

AMZN

AMZN Risk / Return Rank: 54
AMZN Sharpe Ratio Rank: 57
AMZN Sortino Ratio Rank: 51
AMZN Omega Ratio Rank: 49
AMZN Calmar Ratio Rank: 55
AMZN Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XOVR vs. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and Amazon.com, Inc (AMZN). 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.

	XOVR	AMZN	Difference
Sharpe ratio: Return per unit of total volatility	0.42	0.40	+0.03
Sortino ratio: Return per unit of downside risk	0.72	0.76	-0.05
Omega ratio: Gain probability vs. loss probability	1.09	1.09	-0.01
Calmar ratio: Return relative to maximum drawdown	0.37	0.55	-0.18
Martin ratio: Return relative to average drawdown	0.81	1.29	-0.48

XOVR vs. AMZN - Sharpe Ratio Comparison

The current XOVR Sharpe Ratio is 0.42, which is comparable to the AMZN Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of XOVR and AMZN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XOVR vs. AMZN - Drawdown Comparison

The maximum XOVR drawdown since its inception was -56.28%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for XOVR and AMZN.

Drawdown Indicators

	XOVR	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-56.28%	-94.40%	+38.12%
Max Drawdown (1Y) Largest decline over 1 year	-24.32%	-21.74%	-2.58%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-30.88%	+5.65%
Max Drawdown (5Y) Largest decline over 5 years	-49.35%	-56.15%	+6.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-56.15%	—
Current Drawdown Current decline from peak	-8.06%	-13.25%	+5.19%
Average Drawdown Average peak-to-trough decline	-18.37%	-28.19%	+9.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.02%	9.21%	+1.81%

Volatility

XOVR vs. AMZN - Volatility Comparison

ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and Amazon.com, Inc (AMZN) have volatilities of 8.27% and 7.92%, 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.

Volatility by Period

	XOVR	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.27%	7.92%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	16.23%	20.73%	-4.50%
Volatility (1Y) Calculated over the trailing 1-year period	21.11%	30.13%	-9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.31%	35.53%	-9.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.93%	32.48%	-5.55%

Dividends

XOVR vs. AMZN - Dividend Comparison

Neither XOVR nor AMZN has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	0.00%	0.00%	0.00%	0.00%	0.00%	57.75%	6.31%	0.08%	3.71%	0.08%

Frequently Asked Questions

Can I hold both XOVR and AMZN in my portfolio?

XOVR and AMZN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XOVR or AMZN?

XOVR has higher volatility (8.27%) compared to AMZN (7.92%). In terms of maximum drawdown, XOVR dropped -56.28% vs AMZN's -94.40%.

Which has better risk-adjusted returns?

XOVR currently has the higher Sharpe Ratio (0.42 vs 0.40), 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.