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

Correlation

The correlation between AMZZ and AMZY is 0.68, 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

AMZZ vs. AMZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AMZN Daily ETF (AMZZ) and YieldMax AMZN Option Income Strategy ETF (AMZY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AMZZ:

0.00

AMZY:

0.25

Sortino Ratio

AMZZ:

0.45

AMZY:

0.44

Omega Ratio

AMZZ:

1.06

AMZY:

1.06

Calmar Ratio

AMZZ:

-0.04

AMZY:

0.22

Martin Ratio

AMZZ:

-0.10

AMZY:

0.57

Ulcer Index

AMZZ:

23.60%

AMZY:

9.13%

Daily Std Dev

AMZZ:

69.30%

AMZY:

26.90%

Max Drawdown

AMZZ:

-55.28%

AMZY:

-23.70%

Current Drawdown

AMZZ:

-36.84%

AMZY:

-11.01%

Returns By Period

In the year-to-date period, AMZZ achieves a -23.99% return, which is significantly lower than AMZY's -2.98% return.


AMZZ

YTD

-23.99%

1M

14.17%

6M

-7.14%

1Y

0.66%

3Y*

N/A

5Y*

N/A

10Y*

N/A

AMZY

YTD

-2.98%

1M

7.04%

6M

3.44%

1Y

6.55%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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AMZZ vs. AMZY - Expense Ratio Comparison

AMZZ has a 1.15% expense ratio, which is higher than AMZY's 0.99% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

AMZZ vs. AMZY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZZ
The Risk-Adjusted Performance Rank of AMZZ is 2323
Overall Rank
The Sharpe Ratio Rank of AMZZ is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZZ is 3232
Sortino Ratio Rank
The Omega Ratio Rank of AMZZ is 3030
Omega Ratio Rank
The Calmar Ratio Rank of AMZZ is 1616
Calmar Ratio Rank
The Martin Ratio Rank of AMZZ is 1717
Martin Ratio Rank

AMZY
The Risk-Adjusted Performance Rank of AMZY is 3232
Overall Rank
The Sharpe Ratio Rank of AMZY is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZY is 3232
Sortino Ratio Rank
The Omega Ratio Rank of AMZY is 3131
Omega Ratio Rank
The Calmar Ratio Rank of AMZY is 3535
Calmar Ratio Rank
The Martin Ratio Rank of AMZY is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AMZZ vs. AMZY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMZN Daily ETF (AMZZ) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.


The current AMZZ Sharpe Ratio is 0.00, which is lower than the AMZY Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of AMZZ and AMZY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

AMZZ vs. AMZY - Dividend Comparison

AMZZ has not paid dividends to shareholders, while AMZY's dividend yield for the trailing twelve months is around 53.26%.


TTM20242023
AMZZ
GraniteShares 2x Long AMZN Daily ETF
0.00%0.00%0.00%
AMZY
YieldMax AMZN Option Income Strategy ETF
53.26%47.91%9.90%

Drawdowns

AMZZ vs. AMZY - Drawdown Comparison

The maximum AMZZ drawdown since its inception was -55.28%, which is greater than AMZY's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for AMZZ and AMZY.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

AMZZ vs. AMZY - Volatility Comparison

GraniteShares 2x Long AMZN Daily ETF (AMZZ) has a higher volatility of 19.66% compared to YieldMax AMZN Option Income Strategy ETF (AMZY) at 6.81%. This indicates that AMZZ's price experiences larger fluctuations and is considered to be riskier than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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