BAGY vs. BITY

Last updated Apr 1, 2026

Compare and contrast key facts about Amplify Bitcoin Max Income Covered Call ETF (BAGY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY).

BAGY and BITY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BAGY is an actively managed fund by Amplify. It was launched on Apr 28, 2025. BITY is an actively managed fund by Amplify. It was launched on Apr 28, 2025.

Performance

BAGY vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bitcoin Max Income Covered Call ETF (BAGY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

BAGY vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
BAGY Amplify Bitcoin Max Income Covered Call ETF	-16.21%	-8.88%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-18.54%	-8.21%

Returns By Period

In the year-to-date period, BAGY achieves a -16.21% return, which is significantly higher than BITY's -18.54% return.

BAGY

• 1D: 1.99%
• 1M: 6.25%
• YTD: -16.21%
• 6M: -38.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITY

• 1D: 2.00%
• 1M: 5.36%
• YTD: -18.54%
• 6M: -39.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAGY vs. BITY - Expense Ratio Comparison

Both BAGY and BITY have an expense ratio of 0.65%.

BAGY

Amplify Bitcoin Max Income Covered Call ETF

BITY

Amplify Bitcoin 2% Monthly Option Income ETF

Return for Risk

BAGY vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bitcoin Max Income Covered Call ETF (BAGY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BAGY	BITY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	-0.68	+0.07

Correlation

The correlation between BAGY and BITY is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BAGY vs. BITY - Dividend Comparison

BAGY's dividend yield for the trailing twelve months is around 50.51%, more than BITY's 35.41% yield.

	TTM	2025
BAGY Amplify Bitcoin Max Income Covered Call ETF	50.51%	30.16%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	35.41%	21.53%

Drawdowns

BAGY vs. BITY - Drawdown Comparison

The maximum BAGY drawdown since its inception was -47.52%, roughly equal to the maximum BITY drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for BAGY and BITY.

Drawdown Indicators

	BAGY	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-47.52%	-46.36%	-1.16%
Current Drawdown Current decline from peak	-41.05%	-42.26%	+1.21%
Average Drawdown Average peak-to-trough decline	-16.66%	-16.54%	-0.12%

Volatility

Volatility by Period

	BAGY	BITY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.14%	40.02%	+2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.14%	40.02%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.14%	40.02%	+2.12%