BAMO vs. USOY

Last updated Jun 23, 2026

BAMO (Brookstone Opportunities ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - BAMO is a Diversified Portfolio fund actively managed by Brookstone, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, BAMO returned 14.10% vs 26.28% for USOY. At a correlation of -0.11, they often move in opposite directions. BAMO charges 1.30%/yr vs 1.22%/yr for USOY.

Performance

BAMO vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Opportunities ETF (BAMO) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMO achieves a 5.78% return, which is significantly lower than USOY's 34.69% return.

BAMO

• 1D: -0.16%
• 1M: 0.53%
• YTD: 5.78%
• 6M: 5.50%
• 1Y: 14.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: -1.29%
• 1M: -17.01%
• YTD: 34.69%
• 6M: 34.18%
• 1Y: 26.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAMO vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BAMO Brookstone Opportunities ETF	5.78%	9.16%	8.91%
USOY Defiance Oil Enhanced Options Income ETF	34.69%	-7.93%	6.13%

Correlation

The correlation between BAMO and USOY is -0.31, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.31
Correlation (All Time) Calculated using the full available price history since May 10, 2024	-0.11

The correlation between BAMO and USOY shifts across timeframes, from -0.31 (1 year) to -0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BAMO vs. USOY — Risk / Return Rank

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

BAMO

BAMO Risk / Return Rank: 66
BAMO Sharpe Ratio Rank: 67
BAMO Sortino Ratio Rank: 71
BAMO Omega Ratio Rank: 71
BAMO Calmar Ratio Rank: 54
BAMO Martin Ratio Rank: 67

USOY

USOY Risk / Return Rank: 26
USOY Sharpe Ratio Rank: 25
USOY Sortino Ratio Rank: 23
USOY Omega Ratio Rank: 26
USOY Calmar Ratio Rank: 27
USOY Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAMO vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Opportunities ETF (BAMO) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	BAMO	USOY	Difference
Sharpe ratio: Return per unit of total volatility	2.11	0.85	+1.26
Sortino ratio: Return per unit of downside risk	3.07	1.24	+1.83
Omega ratio: Gain probability vs. loss probability	1.40	1.18	+0.23
Calmar ratio: Return relative to maximum drawdown	2.60	1.25	+1.35
Martin ratio: Return relative to average drawdown	11.87	4.10	+7.76

BAMO vs. USOY - Sharpe Ratio Comparison

The current BAMO Sharpe Ratio is 2.11, which is higher than the USOY Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of BAMO and USOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BAMO vs. USOY - Drawdown Comparison

The maximum BAMO drawdown since its inception was -12.72%, smaller than the maximum USOY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for BAMO and USOY.

Drawdown Indicators

	BAMO	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-12.72%	-21.19%	+8.47%
Max Drawdown (1Y) Largest decline over 1 year	-5.45%	-21.19%	+15.74%
Current Drawdown Current decline from peak	-0.55%	-21.19%	+20.64%
Average Drawdown Average peak-to-trough decline	-1.26%	-6.63%	+5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	6.44%	-5.25%

Volatility

BAMO vs. USOY - Volatility Comparison

The current volatility for Brookstone Opportunities ETF (BAMO) is 2.54%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 10.34%. This indicates that BAMO experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMO	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	10.34%	-7.80%
Volatility (6M) Calculated over the trailing 6-month period	5.83%	28.44%	-22.61%
Volatility (1Y) Calculated over the trailing 1-year period	6.72%	31.56%	-24.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.58%	26.51%	-16.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.58%	26.51%	-16.93%

BAMO vs. USOY - Expense Ratio Comparison

BAMO has a 1.30% expense ratio, which is higher than USOY's 1.22% expense ratio.

Dividends

BAMO vs. USOY - Dividend Comparison

BAMO's dividend yield for the trailing twelve months is around 1.46%, less than USOY's 68.29% yield.

Position	TTM	2025	2024	2023
BAMO Brookstone Opportunities ETF	1.46%	1.54%	1.58%	0.48%
USOY Defiance Oil Enhanced Options Income ETF	68.29%	104.32%	48.60%	0.00%

Frequently Asked Questions

Can I hold both BAMO and USOY in my portfolio?

BAMO and USOY have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMO or USOY?

USOY has higher volatility (10.34%) compared to BAMO (2.54%). In terms of maximum drawdown, BAMO dropped -12.72% vs USOY's -21.19%.

Which ETF is better, BAMO or USOY?

On 1-year performance, USOY leads with 26.28% vs 14.10% for BAMO. On fees, USOY is cheaper at 1.22% per year. On volatility, BAMO has been the lower-risk option at 2.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMO or USOY?

Over the 1-year period, USOY has performed better with a 26.28% return vs 14.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMO or USOY?

USOY is cheaper with a 1.22% expense ratio, compared with 1.30% for BAMO.

Which ETF pays a higher dividend yield, BAMO or USOY?

USOY has the higher dividend yield at 68.29%, compared with 1.46% for BAMO.

What is the main difference between BAMO and USOY?

BAMO is categorized as Diversified Portfolio, while USOY is Derivative Income. They also come from different issuers: Brookstone and Defiance. Their fees differ too: 1.30% for BAMO and 1.22% for USOY.

Which has better risk-adjusted returns?

BAMO currently has the higher Sharpe Ratio (2.11 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.