AMZU vs. AMZY
AMZU (Direxion Daily AMZN Bull 2X Shares) and AMZY (YieldMax AMZN Option Income Strategy ETF) are both exchange-traded funds - AMZU is a Leveraged Equities fund tracking the Amazon.com, Inc. (200%), while AMZY is a Derivative Income fund actively managed by YieldMax. AMZU is passively managed, while AMZY is actively managed. Over the past 3 years, AMZU returned 26.76%/yr vs 24.27%/yr for AMZY. Their 0.97 correlation means they have historically moved very closely together. AMZU charges 0.99%/yr vs 1.09%/yr for AMZY.
Performance
AMZU vs. AMZY - Performance Comparison
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Returns By Period
In the year-to-date period, AMZU achieves a 20.75% return, which is significantly higher than AMZY's 10.52% return.
AMZU
- 1D
- 29.73%
- 1M
- 21.60%
- 6M
- 14.03%
- YTD
- 20.75%
- 1Y
- 28.33%
- 3Y*
- 26.76%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.69%
AMZY
- 1D
- 12.51%
- 1M
- 10.78%
- 6M
- 8.94%
- YTD
- 10.52%
- 1Y
- 17.47%
- 3Y*
- 24.27%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $124.23M | $117.55M | $117.81M | |
| $3.19M | $2.74M | $4.75M |
AMZU vs. AMZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 20.75% | -11.59% | 60.99% | 22.24% |
AMZY YieldMax AMZN Option Income Strategy ETF | 10.52% | 10.39% | 35.28% | 18.03% |
Correlation
The correlation between AMZU and AMZY is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.97 |
The correlation between AMZU and AMZY has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
AMZU vs. AMZY — Risk / Return Rank
AMZU
AMZY
AMZU vs. AMZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.
| AMZU | AMZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.09 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.48 | -0.32 |
| Martin ratioReturn relative to average drawdown | 0.33 | 1.06 | -0.73 |
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Drawdowns
AMZU vs. AMZY - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, which is greater than AMZY's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for AMZU and AMZY.
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Drawdown Indicators
| AMZU | AMZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.59% | -23.70% | -31.89% |
Max Drawdown (1Y)Largest decline over 1 year | -42.98% | -19.61% | -23.37% |
Max Drawdown (3Y)Largest decline over 3 years | -55.47% | -23.70% | -31.77% |
Current DrawdownCurrent decline from peak | -11.06% | -1.31% | -9.75% |
Average DrawdownAverage peak-to-trough decline | -22.09% | -5.58% | -16.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.42% | 8.94% | +12.48% |
Volatility
AMZU vs. AMZY - Volatility Comparison
Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 31.08% compared to YieldMax AMZN Option Income Strategy ETF (AMZY) at 13.48%. This indicates that AMZU's price experiences larger fluctuations and is considered to be riskier than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZU | AMZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.08% | 13.48% | +17.60% |
Volatility (6M)Calculated over the trailing 6-month period | 52.00% | 21.27% | +30.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.05% | 27.98% | +42.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.30% | 26.08% | +35.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.30% | 26.08% | +35.22% |
AMZU vs. AMZY - Expense Ratio Comparison
AMZU has a 0.99% expense ratio, which is lower than AMZY's 1.09% expense ratio.
Dividends
AMZU vs. AMZY - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 4.83%, less than AMZY's 46.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 4.83% | 6.12% | 3.79% | 3.37% | 0.50% |
AMZY YieldMax AMZN Option Income Strategy ETF | 46.74% | 52.59% | 47.91% | 9.90% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, AMZU and AMZY 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.
AMZU has higher volatility (31.08%) compared to AMZY (13.48%). In terms of maximum drawdown, AMZU dropped -55.59% vs AMZY's -23.70%.
On 3-year performance, AMZU leads with 26.76% vs 24.27% for AMZY. On fees, AMZU is cheaper at 0.99% per year. On volatility, AMZY has been the lower-risk option at 13.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, AMZU has performed better with a 26.76% return vs 24.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AMZU is cheaper with a 0.99% expense ratio, compared with 1.09% for AMZY.
AMZY has the higher dividend yield at 46.74%, compared with 4.83% for AMZU.
AMZU is categorized as Leveraged Equities, while AMZY is Derivative Income. They also come from different issuers: Direxion and YieldMax. Their fees differ too: 0.99% for AMZU and 1.09% for AMZY.
AMZY currently has the higher Sharpe Ratio (0.34 vs 0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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