AMZU vs. AMZY

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Daily AMZN Bull 2X Shares (AMZU) and YieldMax AMZN Option Income Strategy ETF (AMZY).

AMZU and AMZY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZU is a passively managed fund by Direxion that tracks the performance of the Amazon.com, Inc. (150%). It was launched on Sep 6, 2022. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023.

Performance

AMZU vs. AMZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AMZN Bull 2X Shares (AMZU) and YieldMax AMZN Option Income Strategy ETF (AMZY). The values are adjusted to include any dividend payments, if applicable.

AMZU vs. AMZY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AMZU Direxion Daily AMZN Bull 2X Shares	-22.67%	-11.59%	60.99%	22.03%
AMZY YieldMax AMZN Option Income Strategy ETF	-9.58%	10.39%	35.28%	18.31%

Returns By Period

In the year-to-date period, AMZU achieves a -22.67% return, which is significantly lower than AMZY's -9.58% return.

AMZU

• 1D: 7.35%
• 1M: -3.38%
• YTD: -22.67%
• 6M: -19.01%
• 1Y: -4.67%
• 3Y*: 22.09%
• 5Y*: —
• 10Y*: —

AMZY

• 1D: 2.61%
• 1M: 0.54%
• YTD: -9.58%
• 6M: -5.71%
• 1Y: 8.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZU vs. AMZY - Expense Ratio Comparison

AMZU has a 1.06% expense ratio, which is higher than AMZY's 0.99% expense ratio.

AMZU

Direxion Daily AMZN Bull 2X Shares

AMZY

YieldMax AMZN Option Income Strategy ETF

Return for Risk

AMZU vs. AMZY — Risk / Return Rank

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

AMZU

AMZU Risk / Return Rank: 13
AMZU Sharpe Ratio Rank: 11
AMZU Sortino Ratio Rank: 18
AMZU Omega Ratio Rank: 17
AMZU Calmar Ratio Rank: 10
AMZU Martin Ratio Rank: 9

AMZY

AMZY Risk / Return Rank: 22
AMZY Sharpe Ratio Rank: 22
AMZY Sortino Ratio Rank: 24
AMZY Omega Ratio Rank: 23
AMZY Calmar Ratio Rank: 21
AMZY Martin Ratio Rank: 20

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.

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.

	AMZU	AMZY	Difference
Sharpe ratio Return per unit of total volatility	-0.07	0.32	-0.39
Sortino ratio Return per unit of downside risk	0.41	0.62	-0.21
Omega ratio Gain probability vs. loss probability	1.05	1.08	-0.03
Calmar ratio Return relative to maximum drawdown	-0.17	0.37	-0.54
Martin ratio Return relative to average drawdown	-0.38	0.94	-1.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMZU vs. AMZY - Sharpe Ratio Comparison

The current AMZU Sharpe Ratio is -0.07, which is lower than the AMZY Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of AMZU and AMZY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMZU	AMZY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.07	0.32	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.76	-0.67

Correlation

The correlation between AMZU and AMZY is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AMZU vs. AMZY - Dividend Comparison

AMZU's dividend yield for the trailing twelve months is around 7.85%, less than AMZY's 60.32% yield.

	TTM	2025	2024	2023	2022
AMZU Direxion Daily AMZN Bull 2X Shares	7.85%	6.12%	3.79%	3.37%	0.50%
AMZY YieldMax AMZN Option Income Strategy ETF	60.32%	52.59%	47.91%	9.90%	0.00%

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.

Drawdown Indicators

	AMZU	AMZY	Difference
Max Drawdown Largest peak-to-trough decline	-55.59%	-23.70%	-31.89%
Max Drawdown (1Y) Largest decline over 1 year	-42.98%	-19.61%	-23.37%
Current Drawdown Current decline from peak	-43.05%	-15.72%	-27.33%
Average Drawdown Average peak-to-trough decline	-22.23%	-5.44%	-16.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.81%	7.80%	+11.01%

Volatility

AMZU vs. AMZY - Volatility Comparison

Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 19.26% compared to YieldMax AMZN Option Income Strategy ETF (AMZY) at 7.29%. 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.

Volatility by Period

	AMZU	AMZY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.26%	7.29%	+11.97%
Volatility (6M) Calculated over the trailing 6-month period	45.13%	17.86%	+27.27%
Volatility (1Y) Calculated over the trailing 1-year period	69.55%	26.95%	+42.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.28%	25.26%	+34.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.28%	25.26%	+34.02%