AMDY vs. JELM
AMDY (YieldMax AMD Option Income Strategy ETF) and JELM (Janus Henderson Equity Linked Moderate Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.01 correlation means their historical movements had little consistent relationship. AMDY charges 1.23%/yr vs 0.59%/yr for JELM.
Performance
AMDY vs. JELM - Performance Comparison
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Returns By Period
AMDY
- 1D
- -7.76%
- 1M
- -12.31%
- 6M
- 112.74%
- YTD
- 89.19%
- 1Y
- 132.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.23%
JELM
- 1D
- -0.10%
- 1M
- 1.05%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.85M | $22.98M | $23.52M | |
| $214.60K | $418.55K | $965.66K |
AMDY vs. JELM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AMDY YieldMax AMD Option Income Strategy ETF | 55.42% |
JELM Janus Henderson Equity Linked Moderate Income ETF | 2.24% |
Correlation
The correlation between AMDY and JELM is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026 | 0.01 |
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Return for Risk
AMDY vs. JELM — Risk / Return Rank
AMDY
JELM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AMDY vs. JELM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and Janus Henderson Equity Linked Moderate Income ETF (JELM). 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 | JELM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.82 | — | — |
| Martin ratioReturn relative to average drawdown | 10.38 | — | — |
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Drawdowns
AMDY vs. JELM - Drawdown Comparison
The maximum AMDY drawdown since its inception was -53.92%, which is greater than JELM's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for AMDY and JELM.
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Drawdown Indicators
| AMDY | JELM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.92% | -0.69% | -53.23% |
Max Drawdown (1Y)Largest decline over 1 year | -27.59% | — | — |
Current DrawdownCurrent decline from peak | -15.03% | -0.35% | -14.68% |
Average DrawdownAverage peak-to-trough decline | -17.38% | -0.21% | -17.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.79% | — | — |
Volatility
AMDY vs. JELM - Volatility Comparison
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Volatility by Period
| AMDY | JELM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 49.22% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 60.95% | 3.67% | +57.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.41% | 3.67% | +44.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.41% | 3.67% | +44.74% |
AMDY vs. JELM - Expense Ratio Comparison
AMDY has a 1.23% expense ratio, which is higher than JELM's 0.59% expense ratio.
Dividends
AMDY vs. JELM - Dividend Comparison
AMDY's dividend yield for the trailing twelve months is around 76.06%, more than JELM's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AMDY YieldMax AMD Option Income Strategy ETF | 76.06% | 80.68% | 109.98% | 6.68% |
JELM Janus Henderson Equity Linked Moderate Income ETF | 1.21% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMDY and JELM have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JELM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JELM is cheaper with a 0.59% expense ratio, compared with 1.23% for AMDY.
AMDY has the higher dividend yield at 76.06%, compared with 1.21% for JELM.
They also come from different issuers: YieldMax and Janus Henderson. Their fees differ too: 1.23% for AMDY and 0.59% for JELM.
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