AMYY vs. EVSB

Last updated Jun 23, 2026

AMYY (GraniteShares YieldBOOST AMD ETF) and EVSB (Eaton Vance Ultra-Short Income ETF) are both exchange-traded funds - AMYY is a Derivative Income fund actively managed by GraniteShares, while EVSB is a Ultrashort Bond fund actively managed by Eaton Vance. Both are actively managed. At a correlation of -0.10, they often move in opposite directions. AMYY charges 1.07%/yr vs 0.17%/yr for EVSB.

Performance

AMYY vs. EVSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST AMD ETF (AMYY) and Eaton Vance Ultra-Short Income ETF (EVSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMYY achieves a 7.69% return, which is significantly higher than EVSB's 1.86% return.

AMYY

• 1D: 0.63%
• 1M: 2.68%
• YTD: 7.69%
• 6M: 10.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVSB

• 1D: 0.03%
• 1M: 0.36%
• YTD: 1.86%
• 6M: 2.04%
• 1Y: 4.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMYY vs. EVSB - Yearly Performance Comparison

	2026 (YTD)	2025
AMYY GraniteShares YieldBOOST AMD ETF	7.69%	19.93%
EVSB Eaton Vance Ultra-Short Income ETF	1.86%	1.31%

Correlation

The correlation between AMYY and EVSB is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	-0.10

Return for Risk

AMYY vs. EVSB — Risk / Return Rank

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

AMYY

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

EVSB

EVSB Risk / Return Rank: 99
EVSB Sharpe Ratio Rank: 98
EVSB Sortino Ratio Rank: 99
EVSB Omega Ratio Rank: 99
EVSB Calmar Ratio Rank: 99
EVSB Martin Ratio Rank: 99

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. EVSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST AMD ETF (AMYY) and Eaton Vance Ultra-Short Income ETF (EVSB). 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.

	AMYY	EVSB	Difference
Sharpe ratio: Return per unit of total volatility	—	5.90	—
Sortino ratio: Return per unit of downside risk	—	10.40	—
Omega ratio: Gain probability vs. loss probability	—	2.67	—
Calmar ratio: Return relative to maximum drawdown	—	18.04	—
Martin ratio: Return relative to average drawdown	—	103.18	—

Drawdowns

AMYY vs. EVSB - Drawdown Comparison

The maximum AMYY drawdown since its inception was -16.91%, which is greater than EVSB's maximum drawdown of -0.31%. Use the drawdown chart below to compare losses from any high point for AMYY and EVSB.

Drawdown Indicators

	AMYY	EVSB	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-0.31%	-16.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.25%	—
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-5.30%	-0.02%	-5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.04%	—

Volatility

Volatility by Period

	AMYY	EVSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.35%	0.78%	+24.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.35%	0.82%	+24.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.35%	0.82%	+24.53%

AMYY vs. EVSB - Expense Ratio Comparison

AMYY has a 1.07% expense ratio, which is higher than EVSB's 0.17% expense ratio.

Dividends

AMYY vs. EVSB - Dividend Comparison

AMYY's dividend yield for the trailing twelve months is around 90.07%, more than EVSB's 4.62% yield.

Position	TTM	2025	2024	2023
AMYY GraniteShares YieldBOOST AMD ETF	90.07%	30.28%	0.00%	0.00%
EVSB Eaton Vance Ultra-Short Income ETF	4.62%	4.63%	5.18%	1.21%

Frequently Asked Questions

Can I hold both AMYY and EVSB in my portfolio?

AMYY and EVSB have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMYY or EVSB?

On fees, EVSB is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMYY or EVSB?

EVSB is cheaper with a 0.17% expense ratio, compared with 1.07% for AMYY.

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

AMYY has the higher dividend yield at 90.07%, compared with 4.62% for EVSB.

What is the main difference between AMYY and EVSB?

AMYY is categorized as Derivative Income, while EVSB is Ultrashort Bond. They also come from different issuers: GraniteShares and Eaton Vance. Their fees differ too: 1.07% for AMYY and 0.17% for EVSB.