AMZP vs QQQ
Kurv Yield Premium Strategy Amazon ETF vs Invesco QQQ Trust, Series 1
Which is better, AMZP or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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
| Metric | AMZP | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $18M | $483.5B |
| Dividend Yield | 19.16% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | -0.88% | +16.87%Best |
| 1Y Return | -2.15% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 29.1% | 17.4%Best |
| Max Drawdown | -27.4% | -22.8%Best |
| $10,000 over 2.6 years | $13,392 | $16,795Best |
| Fund Family | Kurv | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Oct 27, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 7, 2024 to Sep 11, 2026 (2.6 years).
AMZP vs QQQ 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 2.6 years both funds cover.
AMZP vs QQQ Performance
Kurv Yield Premium Strategy Amazon ETF (AMZP) is an ETF from Kurv and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AMZP returned -2.15% while QQQ returned +22.98%. Year to date, AMZP is down 0.88% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZP has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 17.4% for QQQ. 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMZP charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, AMZP currently yields 19.16% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in AMZP and 102 in QQQ, totalling 1.6% and 99.9% 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 102 in QQQ, against full books of 10 and 107.
You are not choosing between two funds in isolation.
Whichever of AMZP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMZP or QQQ?
AMZP has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, AMZP or QQQ?
Over the past year AMZP returned -2.15% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMZP or QQQ?
AMZP has been the more volatile fund at 29.1% annualized versus 17.4% for QQQ. Worst drawdown: AMZP -27.4% vs QQQ -22.8%.
Should I hold both AMZP and QQQ?
AMZP and QQQ have a monthly-return correlation of 0.62, 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 QQQ?
AMZP yields 19.16% while QQQ yields 0.44%, so AMZP currently pays the higher dividend yield.
Is QQQ better than AMZP?
QQQ has a lower expense ratio. QQQ 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.