AMDY vs. FIYY

Last updated Jul 17, 2026

AMDY (YieldMax AMD Option Income Strategy ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. AMDY charges 1.23%/yr vs 1.07%/yr for FIYY.

Performance

AMDY vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AMD Option Income Strategy ETF (AMDY) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMDY

• 1D: -5.15%
• 1M: -0.14%
• 6M: 92.76%
• YTD: 97.19%
• 1Y: 156.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: 0.04%
• 1M: -0.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDY vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
AMDY YieldMax AMD Option Income Strategy ETF	37.49%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.79%

Correlation

The correlation between AMDY and FIYY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.24

Return for Risk

AMDY vs. FIYY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMDY

AMDY Risk / Return Rank: 89
AMDY Sharpe Ratio Rank: 94
AMDY Sortino Ratio Rank: 87
AMDY Omega Ratio Rank: 87
AMDY Calmar Ratio Rank: 94
AMDY Martin Ratio Rank: 82

FIYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMDY vs. FIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.

	AMDY	FIYY	Difference
Sharpe ratio: Return per unit of total volatility	2.73	—	—
Sortino ratio: Return per unit of downside risk	3.20	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	5.70	—	—
Martin ratio: Return relative to average drawdown	12.64	—	—

Drawdowns

AMDY vs. FIYY - Drawdown Comparison

The maximum AMDY drawdown since its inception was -53.92%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for AMDY and FIYY.

Drawdown Indicators

	AMDY	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-53.92%	-2.51%	-51.41%
Max Drawdown (1Y) Largest decline over 1 year	-27.59%	—	—
Current Drawdown Current decline from peak	-11.44%	-1.91%	-9.53%
Average Drawdown Average peak-to-trough decline	-17.49%	-1.50%	-15.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.42%	—	—

Volatility

Volatility by Period

	AMDY	FIYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.53%	4.95%	+52.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.23%	4.95%	+42.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.23%	4.95%	+42.28%

AMDY vs. FIYY - Expense Ratio Comparison

AMDY has a 1.23% expense ratio, which is higher than FIYY's 1.07% expense ratio.

Dividends

AMDY vs. FIYY - Dividend Comparison

AMDY's dividend yield for the trailing twelve months is around 73.90%, more than FIYY's 1.13% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	73.90%	80.68%	109.98%	6.68%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMDY and FIYY in my portfolio?

AMDY and FIYY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDY or FIYY?

On fees, FIYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDY or FIYY?

FIYY is cheaper with a 1.07% expense ratio, compared with 1.23% for AMDY.

Which ETF pays a higher dividend yield, AMDY or FIYY?

AMDY has the higher dividend yield at 73.90%, compared with 1.13% for FIYY.

What is the main difference between AMDY and FIYY?

They also come from different issuers: YieldMax ETFs and GraniteShares. Their fees differ too: 1.23% for AMDY and 1.07% for FIYY.