AMZP vs VYM
Kurv Yield Premium Strategy Amazon ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | AMZP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.04% | |
| AUM | $19M | $81.6B | |
| Dividend Yield | 20.77% | 2.24% | |
| Holdings | 10 | 616 | |
| YTD Return | +1.25% | +15.34% | |
| 1Y Return | +5.71% | +23.24% | |
| 3Y Return (annualized) | - | +19.22% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 29.5% | 14.6% | |
| Max Drawdown | -27.4% | -58.8% | |
| Fund Family | Kurv | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 27, 2023 | Nov 10, 2006 |
AMZP vs VYM Performance
Kurv Yield Premium Strategy Amazon ETF (AMZP) is a ETF from Kurv and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AMZP returned +5.71% while VYM returned +23.24%. Year to date, AMZP is up 1.25% versus a gain of 15.34% for VYM.
Risk: Volatility and Drawdowns
AMZP has been the more volatile fund, with annualized monthly volatility of 29.5% compared with 14.6% for VYM. 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZP charges 0.99% per year while VYM charges 0.04%. On a $10,000 position that is $99 vs $4 annually, a gap of $95 per year that compounds over a long holding period. On income, AMZP currently yields 20.77% against 2.24% for VYM.
Frequently Asked Questions
Which is cheaper, AMZP or VYM?
AMZP has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, AMZP or VYM?
Over the past year AMZP returned +5.71% vs +23.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), AMZP annualized +13.12% vs +7.04% for VYM. Past performance does not guarantee future results.
Which is riskier, AMZP or VYM?
AMZP has been the more volatile fund at 29.5% annualized versus 14.6% for VYM. Worst drawdown: AMZP -27.4% vs VYM -58.8%.
Should I hold both AMZP and VYM?
AMZP and VYM have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, AMZP or VYM?
AMZP yields 20.77% while VYM yields 2.24%, so AMZP currently pays the higher dividend yield.
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