BAGY vs. EHY
BAGY (Amplify Bitcoin Max Income Covered Call ETF) and EHY (Amplify Ethereum Max Income Covered Call ETF) are both exchange-traded funds - BAGY is a Derivative Income fund actively managed by Amplify, while EHY is a Cryptocurrency fund actively managed by Amplify. Both are actively managed. Their correlation of 0.91 means they have usually moved in the same direction. BAGY charges 0.65%/yr vs 0.75%/yr for EHY.
Performance
BAGY vs. EHY - Performance Comparison
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Returns By Period
In the year-to-date period, BAGY achieves a -22.78% return, which is significantly higher than EHY's -36.53% return.
BAGY
- 1D
- 1.06%
- 1M
- 3.85%
- 6M
- -10.50%
- YTD
- -22.78%
- 1Y
- -41.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.85%
EHY
- 1D
- 2.28%
- 1M
- 12.11%
- 6M
- -17.76%
- YTD
- -36.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $100.01K | $80.09K | $153.62K | |
| $63.17K | $39.74K | $73.16K |
BAGY vs. EHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BAGY Amplify Bitcoin Max Income Covered Call ETF | -22.78% | -27.60% |
EHY Amplify Ethereum Max Income Covered Call ETF | -36.53% | -25.56% |
Correlation
The correlation between BAGY and EHY is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025 | 0.91 |
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Return for Risk
BAGY vs. EHY — Risk / Return Rank
BAGY
EHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BAGY vs. EHY - 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 Ethereum Max Income Covered Call ETF (EHY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BAGY | EHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.84 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | — | — |
| Martin ratioReturn relative to average drawdown | -1.28 | — | — |
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Drawdowns
BAGY vs. EHY - Drawdown Comparison
The maximum BAGY drawdown since its inception was -50.68%, smaller than the maximum EHY drawdown of -61.70%. Use the drawdown chart below to compare losses from any high point for BAGY and EHY.
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Drawdown Indicators
| BAGY | EHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.68% | -61.70% | +11.02% |
Max Drawdown (1Y)Largest decline over 1 year | -50.68% | — | — |
Current DrawdownCurrent decline from peak | -45.67% | -52.84% | +7.17% |
Average DrawdownAverage peak-to-trough decline | -23.27% | -37.86% | +14.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.72% | — | — |
Volatility
BAGY vs. EHY - Volatility Comparison
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Volatility by Period
| BAGY | EHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.43% | 59.54% | -16.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.59% | 59.54% | -18.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.59% | 59.54% | -18.95% |
BAGY vs. EHY - Expense Ratio Comparison
BAGY has a 0.65% expense ratio, which is lower than EHY's 0.75% expense ratio.
Dividends
BAGY vs. EHY - Dividend Comparison
BAGY's dividend yield for the trailing twelve months is around 54.29%, less than EHY's 59.23% yield.
| Position | TTM | 2025 |
|---|---|---|
BAGY Amplify Bitcoin Max Income Covered Call ETF | 54.29% | 30.16% |
EHY Amplify Ethereum Max Income Covered Call ETF | 59.23% | 8.87% |
Frequently Asked Questions
With a correlation of 0.91, BAGY and EHY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, BAGY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BAGY is cheaper with a 0.65% expense ratio, compared with 0.75% for EHY.
EHY has the higher dividend yield at 59.23%, compared with 54.29% for BAGY.
BAGY is categorized as Derivative Income, while EHY is Cryptocurrency. Their fees differ too: 0.65% for BAGY and 0.75% for EHY.
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