AMYY vs. AMDY

Last updated Jun 4, 2026

AMYY (GraniteShares YieldBOOST AMD ETF) and AMDY (YieldMax AMD Option Income Strategy ETF) are both exchange-traded funds - AMYY is a Derivative Income fund actively managed by GraniteShares, while AMDY is a Options Trading fund actively managed by YieldMax. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. AMYY charges 1.07%/yr vs 0.99%/yr for AMDY.

Performance

AMYY vs. AMDY - Performance Comparison

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

Returns By Period

In the year-to-date period, AMYY achieves a 7.93% return, which is significantly lower than AMDY's 110.49% return.

AMYY

• 1D: 0.54%
• 1M: 9.36%
• YTD: 7.93%
• 6M: 13.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDY

• 1D: 3.39%
• 1M: 46.76%
• YTD: 110.49%
• 6M: 111.80%
• 1Y: 240.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMYY vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025
AMYY GraniteShares YieldBOOST AMD ETF	7.93%	20.39%
AMDY YieldMax AMD Option Income Strategy ETF	110.49%	29.44%

Correlation

The correlation between AMYY and AMDY is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.90

Return for Risk

AMYY vs. AMDY — Risk / Return Rank

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

AMDY

AMDY Risk / Return Rank: 93
AMDY Sharpe Ratio Rank: 97
AMDY Sortino Ratio Rank: 92
AMDY Omega Ratio Rank: 92
AMDY Calmar Ratio Rank: 96
AMDY Martin Ratio Rank: 88

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.

AMYY vs. AMDY - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	AMYY	AMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	1.25	+0.49

Drawdowns

AMYY vs. AMDY - Drawdown Comparison

The maximum AMYY drawdown since its inception was -16.91%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for AMYY and AMDY.

Drawdown Indicators

	AMYY	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-53.92%	+37.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.59%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.51%	-18.02%	+12.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.22%	—

Volatility

Volatility by Period

	AMYY	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.74%	53.40%	-27.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	46.01%	-20.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	46.01%	-20.27%

AMYY vs. AMDY - Expense Ratio Comparison

AMYY has a 1.07% expense ratio, which is higher than AMDY's 0.99% expense ratio.

Dividends

AMYY vs. AMDY - Dividend Comparison

AMYY's dividend yield for the trailing twelve months is around 81.55%, more than AMDY's 54.91% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	54.91%	80.68%	109.98%	6.68%
AMYY GraniteShares YieldBOOST AMD ETF	81.55%	30.28%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMYY and AMDY in my portfolio?

With a correlation of 0.90, AMYY and AMDY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AMYY or AMDY?

On fees, AMDY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMYY or AMDY?

AMDY is cheaper with a 0.99% expense ratio, compared with 1.07% for AMYY.

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

AMYY has the higher dividend yield at 81.55%, compared with 54.91% for AMDY.

What is the main difference between AMYY and AMDY?

AMYY is categorized as Derivative Income, while AMDY is Options Trading. They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for AMYY and 0.99% for AMDY.