AMZP vs MRNY

AMZP vs MRNY

Which is better, AMZP or MRNY?

MRNY has been ahead.

AMZP has a lower expense ratio. MRNY led over 1Y and the full window.

Lower Fees: AMZPHigher Returns: MRNY

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricAMZPMRNY
Expense Ratio0.99%Best1.00%
AUM$18M$243M
Dividend Yield19.83%41.90%
Holdings2131
YTD Return-4.01%+447.17%Best
1Y Return-0.36%+503.56%Best
3Y Return (annualized)-+21.31%
Volatility (annualized)28.9%Best103.6%
Max Drawdown-27.4%Best-82.2%
$10,000 over 2.7 years$12,979$15,170Best
Fund FamilyKurvYieldMax ETF
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionOct 27, 2023Oct 23, 2023

Not shown on this pair: 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Feb 7, 2024 to Oct 14, 2026 (2.7 years).

AMZP vs MRNY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.

Compare AMZP against instead:AMZP vs SPYAMZP vs QQQAMZP vs VOOAMZP vs VTIMRNY against:MRNY vs VXUS

AMZP vs MRNY Performance

Kurv Yield Premium Strategy Amazon ETF (AMZP) is an ETF from Kurv and YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF. Over the past year AMZP returned -0.36% while MRNY returned +503.56%. Year to date, AMZP is down 4.01% versus a gain of 447.17% for MRNY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MRNY has been the more volatile fund, with annualized monthly volatility of 103.6% compared with 28.9% for AMZP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -27.4% for AMZP and -82.2% for MRNY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.29. They move largely independently of each other.

Fees and Cost Over Time

AMZP charges 0.99% per year while MRNY charges 1.00%. On a $10,000 position that is $99 vs $100 annually, a gap of $1 per year that compounds over a long holding period. On income, AMZP currently yields 19.83% against 41.90% for MRNY.

Holdings Overlap

We hold position weights for 1 holding in AMZP and 2 in MRNY, totalling 0.6% and 12.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 1 positions we hold weights for in AMZP and 2 in MRNY, against full books of 21 and 31.

You are not choosing between two funds in isolation.

Whichever of AMZP and MRNY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AMZPMRNY

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Frequently Asked Questions

Which is cheaper, AMZP or MRNY?

AMZP has an expense ratio of 0.99% while MRNY charges 1.00%. AMZP is the cheaper option, by $1 a year on a $10,000 investment.

Which performed better, AMZP or MRNY?

Over the past year AMZP returned -0.36% vs +503.56% for MRNY, so MRNY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AMZP or MRNY?

MRNY has been the more volatile fund at 103.6% annualized versus 28.9% for AMZP. Worst drawdown: AMZP -27.4% vs MRNY -82.2%.

Should I hold both AMZP and MRNY?

AMZP and MRNY have a monthly-return correlation of -0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, AMZP or MRNY?

AMZP yields 19.83% while MRNY yields 41.90%, so MRNY currently pays the higher dividend yield.

Is MRNY better than AMZP?

AMZP has a lower expense ratio. MRNY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.