AMZY vs. FBY
Compare and contrast key facts about YieldMax AMZN Option Income Strategy ETF (AMZY) and YieldMax META Option Income ETF (FBY).
AMZY and FBY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023. FBY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZY or FBY.
Key characteristics
| AMZY | FBY | |
|---|---|---|
| YTD Return | 33.07% | 43.20% |
| 1Y Return | 41.29% | 56.26% |
| Sharpe Ratio | 1.87 | 2.28 |
| Sortino Ratio | 2.55 | 2.86 |
| Omega Ratio | 1.35 | 1.44 |
| Calmar Ratio | 2.52 | 3.87 |
| Martin Ratio | 8.25 | 11.35 |
| Ulcer Index | 5.02% | 5.16% |
| Daily Std Dev | 22.12% | 25.66% |
| Max Drawdown | -16.41% | -15.14% |
| Current Drawdown | -0.34% | -0.82% |
Correlation
The correlation between AMZY and FBY is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMZY vs. FBY - Performance Comparison
In the year-to-date period, AMZY achieves a 33.07% return, which is significantly lower than FBY's 43.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMZY vs. FBY - Expense Ratio Comparison
Both AMZY and FBY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AMZY vs. FBY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and YieldMax META Option Income ETF (FBY). 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.
Dividends
AMZY vs. FBY - Dividend Comparison
AMZY's dividend yield for the trailing twelve months is around 36.23%, less than FBY's 54.48% yield.
| TTM | 2023 | |
|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 36.23% | 9.90% |
FBY YieldMax META Option Income ETF | 54.48% | 8.31% |
Drawdowns
AMZY vs. FBY - Drawdown Comparison
The maximum AMZY drawdown since its inception was -16.41%, which is greater than FBY's maximum drawdown of -15.14%. Use the drawdown chart below to compare losses from any high point for AMZY and FBY. For additional features, visit the drawdowns tool.
Volatility
AMZY vs. FBY - Volatility Comparison
YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.73% compared to YieldMax META Option Income ETF (FBY) at 5.53%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than FBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.