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AMZY vs. XRMI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AMZYXRMI
YTD Return33.07%12.58%
1Y Return41.29%15.23%
Sharpe Ratio1.872.72
Sortino Ratio2.553.95
Omega Ratio1.351.57
Calmar Ratio2.521.18
Martin Ratio8.2518.22
Ulcer Index5.02%0.82%
Daily Std Dev22.12%5.49%
Max Drawdown-16.41%-15.29%
Current Drawdown-0.34%0.00%

Correlation

-0.50.00.51.00.5

The correlation between AMZY and XRMI is 0.45, 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. XRMI - Performance Comparison

In the year-to-date period, AMZY achieves a 33.07% return, which is significantly higher than XRMI's 12.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.61%
8.16%
AMZY
XRMI

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AMZY vs. XRMI - Expense Ratio Comparison

AMZY has a 0.99% expense ratio, which is higher than XRMI's 0.60% expense ratio.


AMZY
YieldMax AMZN Option Income Strategy ETF
Expense ratio chart for AMZY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for XRMI: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

AMZY vs. XRMI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and Global X S&P 500 Risk Managed Income ETF (XRMI). 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.


AMZY
Sharpe ratio
The chart of Sharpe ratio for AMZY, currently valued at 1.87, compared to the broader market-2.000.002.004.001.87
Sortino ratio
The chart of Sortino ratio for AMZY, currently valued at 2.55, compared to the broader market-2.000.002.004.006.008.0010.0012.002.55
Omega ratio
The chart of Omega ratio for AMZY, currently valued at 1.35, compared to the broader market1.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for AMZY, currently valued at 2.52, compared to the broader market0.005.0010.0015.002.52
Martin ratio
The chart of Martin ratio for AMZY, currently valued at 8.25, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.25
XRMI
Sharpe ratio
The chart of Sharpe ratio for XRMI, currently valued at 2.72, compared to the broader market-2.000.002.004.002.72
Sortino ratio
The chart of Sortino ratio for XRMI, currently valued at 3.95, compared to the broader market-2.000.002.004.006.008.0010.0012.003.95
Omega ratio
The chart of Omega ratio for XRMI, currently valued at 1.57, compared to the broader market1.001.502.002.503.001.57
Calmar ratio
The chart of Calmar ratio for XRMI, currently valued at 3.04, compared to the broader market0.005.0010.0015.003.04
Martin ratio
The chart of Martin ratio for XRMI, currently valued at 18.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.0018.22

AMZY vs. XRMI - Sharpe Ratio Comparison

The current AMZY Sharpe Ratio is 1.87, which is lower than the XRMI Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of AMZY and XRMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10
1.87
2.72
AMZY
XRMI

Dividends

AMZY vs. XRMI - Dividend Comparison

AMZY's dividend yield for the trailing twelve months is around 36.23%, more than XRMI's 11.84% yield.


TTM202320222021
AMZY
YieldMax AMZN Option Income Strategy ETF
36.23%9.90%0.00%0.00%
XRMI
Global X S&P 500 Risk Managed Income ETF
11.84%12.61%12.85%2.94%

Drawdowns

AMZY vs. XRMI - Drawdown Comparison

The maximum AMZY drawdown since its inception was -16.41%, which is greater than XRMI's maximum drawdown of -15.29%. Use the drawdown chart below to compare losses from any high point for AMZY and XRMI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.34%
0
AMZY
XRMI

Volatility

AMZY vs. XRMI - Volatility Comparison

YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.73% compared to Global X S&P 500 Risk Managed Income ETF (XRMI) at 1.87%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than XRMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.73%
1.87%
AMZY
XRMI