AMZY vs. MORT
Compare and contrast key facts about YieldMax AMZN Option Income Strategy ETF (AMZY) and VanEck Vectors Mortgage REIT Income ETF (MORT).
AMZY and MORT 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. MORT is a passively managed fund by VanEck that tracks the performance of the MVIS Global Mortgage REITs Index. It was launched on Aug 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZY or MORT.
Key characteristics
| AMZY | MORT | |
|---|---|---|
| YTD Return | 31.58% | 3.81% |
| 1Y Return | 39.77% | 19.79% |
| Sharpe Ratio | 1.83 | 1.00 |
| Sortino Ratio | 2.51 | 1.45 |
| Omega Ratio | 1.35 | 1.18 |
| Calmar Ratio | 2.47 | 0.53 |
| Martin Ratio | 8.08 | 3.63 |
| Ulcer Index | 5.02% | 5.74% |
| Daily Std Dev | 22.14% | 20.81% |
| Max Drawdown | -16.41% | -70.13% |
| Current Drawdown | -1.45% | -27.55% |
Correlation
The correlation between AMZY and MORT is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZY vs. MORT - Performance Comparison
In the year-to-date period, AMZY achieves a 31.58% return, which is significantly higher than MORT's 3.81% 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. MORT - Expense Ratio Comparison
AMZY has a 0.99% expense ratio, which is higher than MORT's 0.42% expense ratio.
Risk-Adjusted Performance
AMZY vs. MORT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and VanEck Vectors Mortgage REIT Income ETF (MORT). 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. MORT - Dividend Comparison
AMZY's dividend yield for the trailing twelve months is around 36.64%, more than MORT's 10.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 36.64% | 9.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MORT VanEck Vectors Mortgage REIT Income ETF | 10.61% | 12.18% | 13.10% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% | 10.08% | 15.30% |
Drawdowns
AMZY vs. MORT - Drawdown Comparison
The maximum AMZY drawdown since its inception was -16.41%, smaller than the maximum MORT drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for AMZY and MORT. For additional features, visit the drawdowns tool.
Volatility
AMZY vs. MORT - Volatility Comparison
YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.73% compared to VanEck Vectors Mortgage REIT Income ETF (MORT) at 4.37%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than MORT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.