AMZY vs. ET
AMZY (YieldMax AMZN Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while ET (Energy Transfer LP) is a stock. Over the past year, AMZY returned 8.54% vs 12.98% for ET. At a 0.14 correlation, their price movements are largely independent.
Performance
AMZY vs. ET - Performance Comparison
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Returns By Period
In the year-to-date period, AMZY achieves a 1.40% return, which is significantly lower than ET's 17.84% return.
AMZY
- 1D
- 1.83%
- 1M
- -6.71%
- YTD
- 1.40%
- 6M
- 2.54%
- 1Y
- 8.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ET
- 1D
- 0.00%
- 1M
- -6.99%
- YTD
- 17.84%
- 6M
- 18.55%
- 1Y
- 12.98%
- 3Y*
- 22.86%
- 5Y*
- 21.38%
- 10Y*
- 13.39%
AMZY vs. ET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 1.40% | 10.39% | 35.28% | 18.03% |
ET Energy Transfer LP | 17.84% | -9.37% | 53.87% | 8.95% |
Correlation
The correlation between AMZY and ET is -0.06, 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 (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.14 |
The correlation between AMZY and ET shifts across timeframes, from -0.06 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AMZY vs. ET — Risk / Return Rank
AMZY
ET
AMZY vs. ET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and Energy Transfer LP (ET). 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 | ET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.15 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 1.48 | -1.05 |
| Martin ratioReturn relative to average drawdown | 1.05 | 3.30 | -2.25 |
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Drawdowns
AMZY vs. ET - Drawdown Comparison
The maximum AMZY drawdown since its inception was -23.70%, smaller than the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for AMZY and ET.
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Drawdown Indicators
| AMZY | ET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.70% | -87.81% | +64.11% |
Max Drawdown (1Y)Largest decline over 1 year | -19.61% | -8.79% | -10.82% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.56% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.82% | — |
Current DrawdownCurrent decline from peak | -9.46% | -8.04% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -25.71% | +20.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 3.94% | +4.19% |
Volatility
AMZY vs. ET - Volatility Comparison
YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.69% compared to Energy Transfer LP (ET) at 4.61%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZY | ET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 4.61% | +3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 16.77% | 12.03% | +4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.97% | 16.05% | +7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.07% | 24.71% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 34.98% | -9.91% |
Dividends
AMZY vs. ET - Dividend Comparison
AMZY's dividend yield for the trailing twelve months is around 56.44%, more than ET's 7.12% 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% |
ET Energy Transfer LP | 7.12% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
Frequently Asked Questions
AMZY and ET have a correlation of -0.06, 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 ET (4.61%). In terms of maximum drawdown, AMZY dropped -23.70% vs ET's -87.81%.
ET currently has the higher Sharpe Ratio (0.81 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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