AMYY vs. XMLV

Last updated Jul 17, 2026

AMYY (GraniteShares YieldBOOST AMD ETF) and XMLV (Invesco S&P MidCap Low Volatility ETF) are both exchange-traded funds - AMYY is a Derivative Income fund actively managed by GraniteShares, while XMLV is a Volatility Hedged Equity fund tracking the S&P MidCap 400 Low Volatility Index. AMYY is actively managed, while XMLV is passively managed. At a correlation of -0.10, they often move in opposite directions. AMYY charges 1.07%/yr vs 0.25%/yr for XMLV.

Performance

AMYY vs. XMLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST AMD ETF (AMYY) and Invesco S&P MidCap Low Volatility ETF (XMLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMYY achieves a 7.32% return, which is significantly lower than XMLV's 12.59% return.

AMYY

• 1D: -1.56%
• 1M: 1.60%
• 6M: 9.64%
• YTD: 7.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMLV

• 1D: 2.59%
• 1M: 5.75%
• 6M: 8.89%
• YTD: 12.59%
• 1Y: 15.61%
• 3Y*: 12.63%
• 5Y*: 7.68%
• 10Y*: 8.18%

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

AMYY vs. XMLV - Yearly Performance Comparison

	2026 (YTD)	2025
AMYY GraniteShares YieldBOOST AMD ETF	7.32%	19.93%
XMLV Invesco S&P MidCap Low Volatility ETF	12.59%	-0.53%

Correlation

The correlation between AMYY and XMLV 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. XMLV — 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.

XMLV

XMLV Risk / Return Rank: 53
XMLV Sharpe Ratio Rank: 52
XMLV Sortino Ratio Rank: 55
XMLV Omega Ratio Rank: 47
XMLV Calmar Ratio Rank: 55
XMLV Martin Ratio Rank: 54

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. XMLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST AMD ETF (AMYY) and Invesco S&P MidCap Low Volatility ETF (XMLV). 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	XMLV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.45	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.23	—
Martin ratio: Return relative to average drawdown	—	7.36	—

Drawdowns

AMYY vs. XMLV - Drawdown Comparison

The maximum AMYY drawdown since its inception was -16.91%, smaller than the maximum XMLV drawdown of -39.86%. Use the drawdown chart below to compare losses from any high point for AMYY and XMLV.

Drawdown Indicators

	AMYY	XMLV	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-39.86%	+22.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.86%	—
Current Drawdown Current decline from peak	-2.76%	0.00%	-2.76%
Average Drawdown Average peak-to-trough decline	-4.93%	-4.24%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	AMYY	XMLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.65%	10.81%	+13.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.65%	14.52%	+10.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	16.96%	+7.69%

AMYY vs. XMLV - Expense Ratio Comparison

AMYY has a 1.07% expense ratio, which is higher than XMLV's 0.25% expense ratio.

Dividends

AMYY vs. XMLV - Dividend Comparison

AMYY's dividend yield for the trailing twelve months is around 99.25%, more than XMLV's 2.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMYY GraniteShares YieldBOOST AMD ETF	99.25%	30.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XMLV Invesco S&P MidCap Low Volatility ETF	2.82%	2.87%	2.23%	2.34%	2.05%	1.14%	1.93%	2.02%	2.13%	1.74%	1.72%	1.85%

Frequently Asked Questions

Can I hold both AMYY and XMLV in my portfolio?

AMYY and XMLV 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 XMLV?

On fees, XMLV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMYY or XMLV?

XMLV is cheaper with a 0.25% expense ratio, compared with 1.07% for AMYY.

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

AMYY has the higher dividend yield at 99.25%, compared with 2.82% for XMLV.

What is the main difference between AMYY and XMLV?

AMYY is categorized as Derivative Income, while XMLV is Volatility Hedged Equity. They also come from different issuers: GraniteShares and Invesco. Their fees differ too: 1.07% for AMYY and 0.25% for XMLV.