Amplify Bitcoin 2% Monthly Option Income ETF (BITY) 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 BITY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BITY
BITY charges 0.65% annually. There are 64 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% | 29.05M | Nov 2024 | BITY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | BITY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | BITY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | BITY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 781.48M | Jul 2024 | BITY vs QQA |
Best Risk-Adjusted Alternatives to BITY
BITY has a PortfoliosLab risk / return rank of 1. There are 187 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | BITY vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | BITY vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | BITY vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | BITY vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | BITY vs RYLD |
Top Performing BITY Alternatives (YTD)
BITY is at -26.11% YTD. There are 228 ETFs in the Derivative Income category with higher YTD returns, going as high as 146.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 146.74% | 114.09M | Jul 2025 | BITY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | BITY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | BITY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | BITY vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | BITY vs SOXY |
Lowest Volatility Alternatives to BITY
BITY has 41.58% 1-year volatility. There are 246 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.59% | 489.70M | Oct 2022 | BITY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | BITY vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | BITY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | BITY vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | BITY vs BUYW |
Lowest Drawdown Alternatives to BITY
BITY has a 1-year max drawdown of -50.87%. There are 178 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | BITY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | BITY vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | BITY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | BITY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | BITY vs THTA |
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 $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | Derivative Income | 81 | 8.38% | 7.58B | Dec 2016 | BITY vs DIVO | |
| Amplify CWP Growth & Income ETF | Derivative Income | 43 | 6.27% | 723.80M | Aug 2024 | BITY vs QDVO | |
| Amplify CWP International Enhanced Dividend Income... | Derivative Income, Dividend, Foreign Large Cap Equities | 86 | 15.27% | 1.35B | Sep 2022 | BITY vs IDVO | |
| Amplify Junior Silver Miners ETF | Silver, Precious Metals | 45 | -12.94% | 3.28B | Nov 2012 | BITY vs SILJ | |
| Amplify Blockchain Technology ETF | Blockchain, Technology Equities | 12 | 4.30% | 1.06B | Jan 2018 | BITY vs BLOK | |
| Amplify Cybersecurity ETF | Technology Equities, Cybersecurity | 37 | 32.87% | 2.69B | Nov 2014 | BITY vs HACK | |
| Amplify AI Powered Equity ETF | Large Cap Growth Equities | 51 | 9.93% | 119.27M | Oct 2017 | BITY vs AIEQ | |
| Breakwave Tanker Shipping ETF | Commodities | 99 | 1,293.70% | 35.89M | May 2023 | BITY vs BWET | |
| Amplify CEF High Income ETF | Diversified Portfolio | 43 | 5.30% | 727.74M | Jun 2012 | BITY vs YYY | |
| Amplify Lithium & Battery Technology ETF | Lithium & Battery Metals | 58 | 3.91% | 116.20M | Jun 2018 | BITY vs BATT |
Often Compared With BITY
Investors most often compare BITY with BTCI, BAGY, BTC-USD. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare BITY with Any Fund or Stock
Compare BITY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BITY with funds that move differently
Amplify Bitcoin 2% Monthly Option Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BITY.
Explore BITY Diversifiers