AMZY vs. DX
AMZY (YieldMax AMZN Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while DX (Dynex Capital, Inc.) is a stock. Over the past year, AMZY returned 8.54% vs 25.07% for DX. At a 0.24 correlation, their price movements are largely independent.
Performance
AMZY vs. DX - Performance Comparison
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Returns By Period
In the year-to-date period, AMZY achieves a 1.40% return, which is significantly higher than DX's 0.54% return.
AMZY
- 1D
- 1.83%
- 1M
- -6.71%
- YTD
- 1.40%
- 6M
- 2.54%
- 1Y
- 8.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DX
- 1D
- 0.08%
- 1M
- 2.83%
- YTD
- 0.54%
- 6M
- 1.85%
- 1Y
- 25.07%
- 3Y*
- 17.21%
- 5Y*
- 5.09%
- 10Y*
- 7.57%
AMZY vs. DX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 1.40% | 10.39% | 35.28% | 18.03% |
DX Dynex Capital, Inc. | 0.54% | 29.48% | 13.64% | 0.87% |
Correlation
The correlation between AMZY and DX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.24 |
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Return for Risk
AMZY vs. DX — Risk / Return Rank
AMZY
DX
AMZY vs. DX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and Dynex Capital, Inc. (DX). 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.
| AMZY | DX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.25 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 1.65 | -1.21 |
| Martin ratioReturn relative to average drawdown | 1.05 | 4.98 | -3.93 |
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Drawdowns
AMZY vs. DX - Drawdown Comparison
The maximum AMZY drawdown since its inception was -23.70%, smaller than the maximum DX drawdown of -99.12%. Use the drawdown chart below to compare losses from any high point for AMZY and DX.
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Drawdown Indicators
| AMZY | DX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.70% | -99.12% | +75.42% |
Max Drawdown (1Y)Largest decline over 1 year | -19.61% | -15.27% | -4.34% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.76% | — |
Current DrawdownCurrent decline from peak | -9.46% | -31.19% | +21.73% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -56.78% | +51.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 5.04% | +3.09% |
Volatility
AMZY vs. DX - Volatility Comparison
YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.69% compared to Dynex Capital, Inc. (DX) at 5.16%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than DX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZY | DX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 5.16% | +2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 16.77% | 13.78% | +2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.97% | 17.67% | +6.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.07% | 23.85% | +1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 29.88% | -4.81% |
Dividends
AMZY vs. DX - Dividend Comparison
AMZY's dividend yield for the trailing twelve months is around 56.44%, more than DX's 15.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 56.44% | 52.59% | 47.91% | 9.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DX Dynex Capital, Inc. | 15.62% | 14.13% | 11.46% | 12.46% | 12.26% | 9.34% | 9.33% | 11.87% | 12.59% | 10.27% | 12.32% | 15.12% |
Frequently Asked Questions
AMZY and DX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZY has higher volatility (7.69%) compared to DX (5.16%). In terms of maximum drawdown, AMZY dropped -23.70% vs DX's -99.12%.
DX currently has the higher Sharpe Ratio (1.43 vs 0.36), 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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