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AMZY vs KWIN

YieldMax AMZN Option Income Strategy ETF

AMZYBNYSE Arca

KraneShares Wahed Alternative Income Index ETF

KWINANYSE Arca

Overlap

Expense ratio

KWIN −0.58pt a year

AMZY1.09%KWIN0.51%

Avg volume · 30D

AMZY 18.9×the volume

AMZY264KKWIN14K

AMZY vs KWIN Performance

Dec 31, 2025 – Oct 30, 2026

+2.4%AMZY+2.9%KWIN

Dec 31, 2025 to Oct 30, 2026. AMZY +2.4%. KWIN +2.9%. Use the arrow keys to read each point.−10%−5%10%15%Dec 2025Jun 2026Oct 2026
Expense ratio
AMZY 1.09%
KWIN 0.51%, better
Fund size
AMZY $212M
KWIN $63M
1Y total return
AMZY −1.3%
KWIN No data
Yield (12M)
AMZY 49.12%
KWIN No data
Holdings
AMZY 10
KWIN 55
Avg volume (30D)
AMZY 264K sh, better
KWIN 14K sh
NAV per share
AMZY $9.80
KWIN $25.90
52W range

ETF.net Grade

AMZY: Cost 40, Risk 73, Mission 70, Tradability 73, Holdings not scored, Durability 87. KWIN: Cost 100, Risk 86, Mission not scored, Tradability 70, Holdings 88, Durability 68.
Pillar letters and Scores for AMZY, KWIN, with each pillar’s weight
PillarAMZYKWIN
Cost30% weightC40A100Higher
Mission25% weightA70Not scored
Risk15% weightA73A86Higher
Tradability15% weightA73HigherA70
Holdings10% weightNot scoredA88
Durability5% weightA87HigherB68

Rank among Single-Stock Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AMZY and KWIN are both graded against the same 71 Single-Stock Option Income funds, so their Grades compare head to head.

Single-Stock Option Income⁠

Category · 71 funds
See all 71 ›

KWIN ranks 1st and AMZY 13th of 71 funds in the Single-Stock Option Income Category.

  1. Rank 1AKWINKraneShares Wahed Alternative Income Index ETFScore 87
  2. Rank 2AACYQFT Vest Autocallable Barrier & High Income ETFScore 85
  3. Rank 13BAMDYYieldMax AMD Option Income Strategy ETFScore 62
  4. Rank 13BAMZYYieldMax AMZN Option Income Strategy ETFScore 62
  5. Rank 13BBABOYieldMax BABA Option Income Strategy ETFScore 62

Our read on each fund

ETF.net Research

AMZYBYieldMax AMZN Option Income Strategy ETF

KWINAKraneShares Wahed Alternative Income Index ETF

In short

AMZY AMZY never buys a share of Amazon. It builds the exposure with options, sells calls against it, and hands the premium to shareholders as income. The price of that paycheck is a ceiling on the upside.

KWIN An income fund built for investors who can't own interest. KWIN holds stocks, then sells calls and buys puts on each one, aiming for a delta-neutral book whose payout comes from options premium instead of a coupon.

Stated mandate

AMZY The Fund seeks current income while providing exposure to Amazon.com, Inc.'s common-stock share price, subject to a limit on potential gains.

KWIN KWIN seeks alternative option income by holding long positions in selected equities while selling calls and buying puts against each position. The strategy is intended to produce a delta-neutral portfolio and is marketed as an alternative to traditional interest income.

Why people hold it

  • AMZY Income is the mandate, not a byproduct: the fund targets current income from Amazon-linked option exposure and pays it out on a recurring schedule instead of reinvesting.yieldmaxetfs.com
  • Execution is a strength. Among 64 single-stock option-income funds, its spreads and day-to-day tradability rank near the top of the group.
  • At 1.09%, it charges less than AMZP, the other Amazon-referenced income wrapper in its cohort, at 1.15%.
  • Running since 2023 and sitting in the upper half of its cohort, with solid marks for risk control and operational staying power.
  • KWIN 0.51% a year, less than half the roughly 1.07% median of its options-income cohort. In a category where 1%-plus is the norm, that is a real head start.
  • The mechanics are unusually explicit: long a selected stock, short a call, long a put, position by position. The collars are the strategy, not a bolt-on overlay.kraneshares.com
  • Tracks the Wahed Shariah Alternative Income Index, so income is sourced from options premium rather than interest. Few option-income ETFs are built to that screen.kraneshares.com
  • On cost and measured risk it stands among the strongest implementations in a peer group of 64 single-stock option-income funds.

Worth knowing

  • AMZY The trade is explicit in the prospectus: gains on the Amazon exposure are capped, while the downside is not. Big rallies happen without you.yieldmaxetfs.com
  • Payouts come from option premiums, so they move with Amazon's volatility. No fixed rate is declared, and the size of each distribution varies.
  • 1.09% a year is a real bite, roughly the 1.07% median for this cohort. Option-income wrappers are an expensive aisle across the board.
  • KWIN Launched in November 2025. The record is short, so any read on how the collars behave across different markets rests on limited history.
  • Delta-neutral by design: the sold calls and bought puts are there to strip out the stock move, not to ride it. This is an income engine, not an equity growth sleeve.
  • Trades lightly next to the household names of the category, so spreads can be wider than headline size suggests. Limit orders matter more here.

Full AMZY profile⁠

Full KWIN profile⁠

AMZY vs KWIN Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AMZY vs KWIN Cost

Overpaying AMZY vs KWIN

$9,968

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AMZY 1.09%

    $20,133

  • KWIN 0.51%

    $10,165

$10,000
30 years

Cost over time

  • AMZY 1.09%
  • KWIN 0.51%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530AMZY $20,133KWIN $10,165

Year by year

YearAMZYKWINOverpaying
10$1,915$918$997
20$7,166$3,527$3,639
30$20,133$10,165$9,968

Expense ratio

  • 1.09%AMZY
  • 0.51%KWIN, cheaper
  • Middle half of Single-Stock Option Income funds
  • Median 1.04%

KWIN cheapest of 71 funds

AMZY 42nd cheapest of 71 funds

AMZY vs KWIN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AMZY 49.12%
KWIN No data
Payout (12M)
AMZY $4.80
KWIN None
Last payment
AMZY $0.05
KWIN No data
Ex-dividend
AMZY Oct 29, 2026
KWIN No data
Paid on
AMZY Oct 30, 2026
KWIN No data
Frequency
AMZY Weekly
KWIN No data

Distribution history

Per share, 2026, same scale for both

AMZYWeekly · 44 paymentsAll AMZY payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.07; Jan 8, 2026 $0.07; Jan 15, 2026 $0.10; Jan 22, 2026 $0.06; Jan 29, 2026 $0.07; Feb 5, 2026 $0.08; Feb 12, 2026 $0.08; Feb 19, 2026 $0.09; Feb 26, 2026 $0.09; Mar 5, 2026 $0.10; Mar 12, 2026 $0.08; Mar 19, 2026 $0.08; Mar 26, 2026 $0.08; Apr 2, 2026 $0.08; Apr 9, 2026 $0.08; Apr 16, 2026 $0.15; Apr 23, 2026 $0.16; Apr 30, 2026 $0.21; May 7, 2026 $0.21; May 14, 2026 $0.14; May 21, 2026 $0.10; May 28, 2026 $0.09; Jun 4, 2026 $0.07; Jun 11, 2026 $0.07; Jun 18, 2026 $0.07; Jun 25, 2026 $0.07; Jul 2, 2026 $0.07; Jul 9, 2026 $0.06; Jul 16, 2026 $0.07; Jul 23, 2026 $0.07; Jul 30, 2026 $0.07; Aug 6, 2026 $0.14; Aug 13, 2026 $0.13; Aug 20, 2026 $0.08; Aug 27, 2026 $0.08; Sep 3, 2026 $0.06; Sep 10, 2026 $0.05; Sep 17, 2026 $0.05; Sep 24, 2026 $0.06; Oct 1, 2026 $0.05; Oct 8, 2026 $0.05; Oct 15, 2026 $0.06; Oct 22, 2026 $0.05; Oct 29, 2026 $0.05. Use the arrow keys to read each point.$0$0.252026YTD
KWINAll KWIN payments⁠

No distribution history available.

AMZY vs KWIN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZY 23.1%KWIN No data
Return per unit of riskSharpe ratio, 3 years
AMZY 0.67KWIN No data
Worst fallMax drawdown, 5 years
AMZY −23.6%since Jul 2023KWIN No data
Market sensitivityBeta, 5 years
AMZY 0.89KWIN 0.001

AMZY and KWIN in the news

All news⁠

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