AMYY vs. SBIT

Last updated Aug 2, 2026

AMYY (GraniteShares YieldBOOST AMD ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - AMYY is a Derivative Income fund actively managed by GraniteShares, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). AMYY is actively managed, while SBIT is passively managed. Their -0.45 correlation means they have often moved in opposite directions in the past. AMYY charges 1.07%/yr vs 0.95%/yr for SBIT.

Performance

AMYY vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST AMD ETF (AMYY) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMYY achieves a 6.93% return, which is significantly lower than SBIT's 39.44% return.

AMYY

• 1D: -0.56%
• 1M: -1.46%
• 6M: 11.45%
• YTD: 6.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SBIT

• 1D: 5.60%
• 1M: -6.04%
• 6M: 32.41%
• YTD: 39.44%
• 1Y: 98.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -42.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMYY GraniteShares YieldBOOST AMD ETF	$385.82K	$338.43K	$371.29K
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

AMYY vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025
AMYY GraniteShares YieldBOOST AMD ETF	6.93%	19.93%
SBIT Proshares Ultrashort Bitcoin ETF	39.44%	52.19%

Correlation

The correlation between AMYY and SBIT is -0.45, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	-0.45

Return for Risk

AMYY vs. SBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

SBIT

SBIT Risk / Return Rank: 55
SBIT Sharpe Ratio Rank: 52
SBIT Sortino Ratio Rank: 56
SBIT Omega Ratio Rank: 52
SBIT Calmar Ratio Rank: 68
SBIT Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AMYY vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST AMD ETF (AMYY) and Proshares Ultrashort Bitcoin ETF (SBIT). 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	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.95	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	5.19	—

Drawdowns

AMYY vs. SBIT - Drawdown Comparison

The maximum AMYY drawdown since its inception was -16.91%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for AMYY and SBIT.

Drawdown Indicators

	AMYY	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-91.35%	+74.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.94%	—
Current Drawdown Current decline from peak	-3.12%	-77.87%	+74.75%
Average Drawdown Average peak-to-trough decline	-4.80%	-69.07%	+64.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.67%	—

Volatility

Volatility by Period

	AMYY	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	67.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.23%	88.65%	-64.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.23%	96.10%	-71.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.23%	96.10%	-71.87%

AMYY vs. SBIT - Expense Ratio Comparison

AMYY has a 1.07% expense ratio, which is higher than SBIT's 0.95% expense ratio.

Dividends

AMYY vs. SBIT - Dividend Comparison

AMYY's dividend yield for the trailing twelve months is around 109.27%, more than SBIT's 4.10% yield.

Position	TTM	2025	2024
AMYY GraniteShares YieldBOOST AMD ETF	109.27%	30.28%	0.00%
SBIT Proshares Ultrashort Bitcoin ETF	4.03%	0.52%	1.00%

Frequently Asked Questions

Can I hold both AMYY and SBIT in my portfolio?

AMYY and SBIT have a correlation of -0.45, 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 SBIT?

On fees, SBIT is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMYY or SBIT?

SBIT is cheaper with a 0.95% expense ratio, compared with 1.07% for AMYY.

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

AMYY has the higher dividend yield at 109.27%, compared with 4.03% for SBIT.

What is the main difference between AMYY and SBIT?

AMYY is categorized as Derivative Income, while SBIT is Cryptocurrency. They also come from different issuers: GraniteShares and ProShares. Their fees differ too: 1.07% for AMYY and 0.95% for SBIT.