Amplify Bitcoin Max Income Covered Call ETF (BAGY) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BAGY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BAGY
BAGY charges 0.65% annually. There are 61 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | BAGY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | BAGY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | BAGY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | BAGY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | BAGY vs QQA |
Best Risk-Adjusted Alternatives to BAGY
BAGY has a PortfoliosLab risk / return rank of 2. There are 148 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | BAGY vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | BAGY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | BAGY vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | BAGY vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | BAGY vs BUCK |
Top Performing BAGY Alternatives (YTD)
BAGY is at -25.28% YTD. There are 211 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | BAGY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | BAGY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | BAGY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | BAGY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | BAGY vs AMDY |
Lowest Volatility Alternatives to BAGY
BAGY has 42.91% 1-year volatility. There are 217 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | BAGY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | BAGY vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | BAGY vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | BAGY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | BAGY vs XRMI |
Lowest Drawdown Alternatives to BAGY
BAGY has a 1-year max drawdown of -49.84%. There are 143 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | BAGY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | BAGY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | BAGY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | BAGY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | BAGY vs OMAH |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, QDVO, IDVO and span 12 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | Derivative Income | 60 | 5.40% | 7.20B | Dec 2016 | BAGY vs DIVO | |
| Amplify CWP Growth & Income ETF | Derivative Income | 48 | 5.51% | 711.93M | Aug 2024 | BAGY vs QDVO | |
| Amplify CWP International Enhanced Dividend Income... | Derivative Income, Dividend, Foreign Large Cap Equities | 64 | 11.71% | 1.27B | Sep 2022 | BAGY vs IDVO | |
| Amplify Junior Silver Miners ETF | Silver, Precious Metals | 39 | -5.93% | 3.79B | Nov 2012 | BAGY vs SILJ | |
| Amplify Blockchain Technology ETF | Blockchain, Technology Equities | 20 | 14.77% | 1.24B | Jan 2018 | BAGY vs BLOK | |
| Amplify AI Powered Equity ETF | Large Cap Growth Equities | 45 | 8.03% | 121.26M | Oct 2017 | BAGY vs AIEQ | |
| Amplify Cybersecurity ETF | Technology Equities, Cybersecurity | 17 | 19.40% | 2.35B | Nov 2014 | BAGY vs HACK | |
| Amplify CEF High Income ETF | Diversified Portfolio | 39 | 4.69% | 703.14M | Jun 2012 | BAGY vs YYY | |
| Breakwave Tanker Shipping ETF | Commodities | 98 | 968.33% | 28.22M | May 2023 | BAGY vs BWET | |
| Amplify Lithium & Battery Technology ETF | Lithium & Battery Metals | 77 | 14.35% | 136.24M | Jun 2018 | BAGY vs BATT |
Often Compared With BAGY
Investors most often compare BAGY with BTCI, BITY, MAGY. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare BAGY with Any Fund or Stock
Compare BAGY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BAGY with funds that move differently
Amplify Bitcoin Max Income Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BAGY.
Explore BAGY Diversifiers