AIVC vs. WNTR

Last updated Aug 4, 2026

AIVC (Amplify Bloomberg AI Value Chain ETF) and WNTR (YieldMax MSTR Short Option Income Strategy ETF) are both exchange-traded funds - AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index, while WNTR is a Derivative Income fund actively managed by YieldMax. AIVC is passively managed, while WNTR is actively managed. Over the past year, AIVC returned 96.84% vs 106.92% for WNTR. Their -0.42 correlation means they have often moved in opposite directions in the past. AIVC charges 0.59%/yr vs 1.00%/yr for WNTR.

Performance

AIVC vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bloomberg AI Value Chain ETF (AIVC) and YieldMax MSTR Short Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIVC achieves a 56.92% return, which is significantly higher than WNTR's 10.51% return.

AIVC

• 1D: 3.37%
• 1M: 0.06%
• 6M: 47.24%
• YTD: 56.92%
• 1Y: 96.84%
• 3Y*: 42.42%
• 5Y*: 15.82%
• 10Y*: 15.10%
• ALL TIME*: 15.34%

WNTR

• 1D: -0.22%
• 1M: 7.89%
• 6M: 8.31%
• YTD: 10.51%
• 1Y: 106.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 47.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIVC Amplify Bloomberg AI Value Chain ETF	$721.94K	$1.14M	$2.79M
WNTR YieldMax MSTR Short Option Income Strategy ETF	$3.92M	$3.66M	$3.95M

AIVC vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
AIVC Amplify Bloomberg AI Value Chain ETF	56.92%	49.44%
WNTR YieldMax MSTR Short Option Income Strategy ETF	10.51%	52.78%

Correlation

The correlation between AIVC and WNTR is -0.43, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.43
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.42

Return for Risk

AIVC vs. WNTR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIVC

AIVC Risk / Return Rank: 90
AIVC Sharpe Ratio Rank: 95
AIVC Sortino Ratio Rank: 89
AIVC Omega Ratio Rank: 87
AIVC Calmar Ratio Rank: 91
AIVC Martin Ratio Rank: 90

WNTR

WNTR Risk / Return Rank: 69
WNTR Sharpe Ratio Rank: 83
WNTR Sortino Ratio Rank: 67
WNTR Omega Ratio Rank: 71
WNTR Calmar Ratio Rank: 70
WNTR Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIVC vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and YieldMax MSTR Short Option Income Strategy ETF (WNTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIVC	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	2.77	1.97	+0.80
Sortino ratio: Return per unit of downside risk	3.14	2.27	+0.87
Omega ratio: Gain probability vs. loss probability	1.40	1.30	+0.10
Calmar ratio: Return relative to maximum drawdown	4.18	2.52	+1.66
Martin ratio: Return relative to average drawdown	14.70	6.38	+8.32

AIVC vs. WNTR - Sharpe Ratio Comparison

The current AIVC Sharpe Ratio is 2.77, which is higher than the WNTR Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of AIVC and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIVC vs. WNTR - Drawdown Comparison

The maximum AIVC drawdown since its inception was -56.11%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for AIVC and WNTR.

Drawdown Indicators

	AIVC	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-56.11%	-42.65%	-13.46%
Max Drawdown (1Y) Largest decline over 1 year	-23.29%	-42.65%	+19.36%
Max Drawdown (3Y) Largest decline over 3 years	-32.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.11%	—	—
Current Drawdown Current decline from peak	-13.72%	-9.84%	-3.88%
Average Drawdown Average peak-to-trough decline	-16.35%	-20.15%	+3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.61%	16.83%	-10.22%

Volatility

AIVC vs. WNTR - Volatility Comparison

Amplify Bloomberg AI Value Chain ETF (AIVC) and YieldMax MSTR Short Option Income Strategy ETF (WNTR) have volatilities of 13.60% and 13.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVC	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.60%	13.00%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	29.91%	47.22%	-17.31%
Volatility (1Y) Calculated over the trailing 1-year period	35.27%	54.66%	-19.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.40%	53.34%	-21.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.52%	53.34%	-25.82%

AIVC vs. WNTR - Expense Ratio Comparison

AIVC has a 0.59% expense ratio, which is lower than WNTR's 1.00% expense ratio.

Dividends

AIVC vs. WNTR - Dividend Comparison

AIVC's dividend yield for the trailing twelve months is around 0.11%, less than WNTR's 107.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AIVC Amplify Bloomberg AI Value Chain ETF	0.11%	0.17%	0.21%	0.00%	0.00%	0.00%	0.39%	1.16%	0.38%	0.92%	0.64%
WNTR YieldMax MSTR Short Option Income Strategy ETF	107.26%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIVC and WNTR in my portfolio?

AIVC and WNTR have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIVC or WNTR?

AIVC has higher volatility (13.60%) compared to WNTR (13.00%). In terms of maximum drawdown, AIVC dropped -56.11% vs WNTR's -42.65%.

Which ETF is better, AIVC or WNTR?

On 1-year performance, WNTR leads with 106.92% vs 96.84% for AIVC. On fees, AIVC is cheaper at 0.59% per year. On volatility, WNTR has been the lower-risk option at 13.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVC or WNTR?

Over the 1-year period, WNTR has performed better with a 106.92% return vs 96.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVC or WNTR?

AIVC is cheaper with a 0.59% expense ratio, compared with 1.00% for WNTR.

Which ETF pays a higher dividend yield, AIVC or WNTR?

WNTR has the higher dividend yield at 107.26%, compared with 0.11% for AIVC.

What is the main difference between AIVC and WNTR?

AIVC is categorized as Technology Equities, while WNTR is Derivative Income. They also come from different issuers: Amplify and YieldMax. Their fees differ too: 0.59% for AIVC and 1.00% for WNTR.

Which has better risk-adjusted returns?

AIVC currently has the higher Sharpe Ratio (2.77 vs 1.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.