PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AMDY vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMDY and QQQY is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

AMDY vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AMD Option Income Strategy ETF (AMDY) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-19.94%
2.01%
AMDY
QQQY

Key characteristics

Sharpe Ratio

AMDY:

-0.35

QQQY:

1.03

Sortino Ratio

AMDY:

-0.24

QQQY:

1.25

Omega Ratio

AMDY:

0.97

QQQY:

1.19

Calmar Ratio

AMDY:

-0.40

QQQY:

1.26

Martin Ratio

AMDY:

-0.73

QQQY:

4.43

Ulcer Index

AMDY:

18.58%

QQQY:

2.87%

Daily Std Dev

AMDY:

38.43%

QQQY:

12.29%

Max Drawdown

AMDY:

-33.77%

QQQY:

-10.07%

Current Drawdown

AMDY:

-33.43%

QQQY:

-3.37%

Returns By Period

In the year-to-date period, AMDY achieves a -18.65% return, which is significantly lower than QQQY's 11.04% return.


AMDY

YTD

-18.65%

1M

-10.97%

6M

-20.22%

1Y

-16.36%

5Y*

N/A

10Y*

N/A

QQQY

YTD

11.04%

1M

-0.08%

6M

1.26%

1Y

12.09%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMDY vs. QQQY - Expense Ratio Comparison

Both AMDY and QQQY have an expense ratio of 0.99%.


AMDY
YieldMax AMD Option Income Strategy ETF
Expense ratio chart for AMDY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

AMDY vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


Sharpe ratio
The chart of Sharpe ratio for AMDY, currently valued at -0.35, compared to the broader market0.002.004.00-0.351.03
The chart of Sortino ratio for AMDY, currently valued at -0.24, compared to the broader market-2.000.002.004.006.008.0010.00-0.241.25
The chart of Omega ratio for AMDY, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.971.19
The chart of Calmar ratio for AMDY, currently valued at -0.40, compared to the broader market0.005.0010.0015.00-0.401.26
The chart of Martin ratio for AMDY, currently valued at -0.73, compared to the broader market0.0020.0040.0060.0080.00100.00-0.734.43
AMDY
QQQY

The current AMDY Sharpe Ratio is -0.35, which is lower than the QQQY Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of AMDY and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
-0.35
1.03
AMDY
QQQY

Dividends

AMDY vs. QQQY - Dividend Comparison

AMDY's dividend yield for the trailing twelve months is around 112.19%, more than QQQY's 85.25% yield.


TTM2023
AMDY
YieldMax AMD Option Income Strategy ETF
112.19%6.68%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
85.25%20.64%

Drawdowns

AMDY vs. QQQY - Drawdown Comparison

The maximum AMDY drawdown since its inception was -33.77%, which is greater than QQQY's maximum drawdown of -10.07%. Use the drawdown chart below to compare losses from any high point for AMDY and QQQY. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-33.43%
-3.37%
AMDY
QQQY

Volatility

AMDY vs. QQQY - Volatility Comparison

YieldMax AMD Option Income Strategy ETF (AMDY) has a higher volatility of 8.53% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 4.07%. This indicates that AMDY's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.53%
4.07%
AMDY
QQQY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab