BATT vs. BAGY

Last updated Jul 15, 2026

BATT (Amplify Lithium & Battery Technology ETF) and BAGY (Amplify Bitcoin Max Income Covered Call ETF) are both exchange-traded funds - BATT is a Lithium & Battery Metals fund actively managed by Amplify, while BAGY is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past year, BATT returned 52.66% vs -45.27% for BAGY. At a 0.43 correlation, their price movements are largely independent. BATT charges 0.59%/yr vs 0.65%/yr for BAGY.

Performance

BATT vs. BAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Lithium & Battery Technology ETF (BATT) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATT achieves a 6.67% return, which is significantly higher than BAGY's -24.16% return.

BATT

• 1D: 3.01%
• 1M: -10.73%
• 6M: -1.60%
• YTD: 6.67%
• 1Y: 52.66%
• 3Y*: 5.04%
• 5Y*: -1.03%
• 10Y*: —

BAGY

• 1D: 4.57%
• 1M: -0.41%
• 6M: -30.08%
• YTD: -24.16%
• 1Y: -45.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BATT vs. BAGY - Yearly Performance Comparison

	2026 (YTD)	2025
BATT Amplify Lithium & Battery Technology ETF	6.67%	70.77%
BAGY Amplify Bitcoin Max Income Covered Call ETF	-24.16%	-8.33%

Correlation

The correlation between BATT and BAGY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.43

Return for Risk

BATT vs. BAGY — Risk / Return Rank

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

BATT

BATT Risk / Return Rank: 57
BATT Sharpe Ratio Rank: 60
BATT Sortino Ratio Rank: 52
BATT Omega Ratio Rank: 53
BATT Calmar Ratio Rank: 64
BATT Martin Ratio Rank: 58

BAGY

BAGY Risk / Return Rank: 1
BAGY Sharpe Ratio Rank: 1
BAGY Sortino Ratio Rank: 2
BAGY Omega Ratio Rank: 2
BAGY Calmar Ratio Rank: 1
BAGY Martin Ratio Rank: 1

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.

BATT vs. BAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). 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.

	BATT	BAGY	Difference
Sharpe ratio: Return per unit of total volatility	1.59	-1.05	+2.64
Sortino ratio: Return per unit of downside risk	2.06	-1.55	+3.61
Omega ratio: Gain probability vs. loss probability	1.27	0.82	+0.45
Calmar ratio: Return relative to maximum drawdown	2.55	-0.90	+3.45
Martin ratio: Return relative to average drawdown	8.03	-1.48	+9.52

BATT vs. BAGY - Sharpe Ratio Comparison

The current BATT Sharpe Ratio is 1.59, which is higher than the BAGY Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of BATT and BAGY, 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

BATT vs. BAGY - Drawdown Comparison

The maximum BATT drawdown since its inception was -69.38%, which is greater than BAGY's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for BATT and BAGY.

Drawdown Indicators

	BATT	BAGY	Difference
Max Drawdown Largest peak-to-trough decline	-69.38%	-50.68%	-18.70%
Max Drawdown (1Y) Largest decline over 1 year	-20.74%	-50.68%	+29.94%
Max Drawdown (3Y) Largest decline over 3 years	-47.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.98%	—	—
Current Drawdown Current decline from peak	-18.36%	-46.64%	+28.28%
Average Drawdown Average peak-to-trough decline	-34.48%	-22.06%	-12.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.57%	30.58%	-24.01%

Volatility

BATT vs. BAGY - Volatility Comparison

The current volatility for Amplify Lithium & Battery Technology ETF (BATT) is 10.30%, while Amplify Bitcoin Max Income Covered Call ETF (BAGY) has a volatility of 11.58%. This indicates that BATT experiences smaller price fluctuations and is considered to be less risky than BAGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATT	BAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.30%	11.58%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	27.54%	34.82%	-7.28%
Volatility (1Y) Calculated over the trailing 1-year period	33.19%	43.40%	-10.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.05%	41.23%	-11.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.77%	41.23%	-10.46%

BATT vs. BAGY - Expense Ratio Comparison

BATT has a 0.59% expense ratio, which is lower than BAGY's 0.65% expense ratio.

Dividends

BATT vs. BAGY - Dividend Comparison

BATT's dividend yield for the trailing twelve months is around 1.74%, less than BAGY's 57.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BAGY Amplify Bitcoin Max Income Covered Call ETF	57.82%	30.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BATT Amplify Lithium & Battery Technology ETF	1.74%	1.85%	3.17%	3.23%	4.14%	2.32%	0.21%	3.22%	0.89%

Frequently Asked Questions

Can I hold both BATT and BAGY in my portfolio?

BATT and BAGY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATT or BAGY?

BAGY has higher volatility (11.58%) compared to BATT (10.30%). In terms of maximum drawdown, BATT dropped -69.38% vs BAGY's -50.68%.

Which ETF is better, BATT or BAGY?

On 1-year performance, BATT leads with 52.66% vs -45.27% for BAGY. On fees, BATT is cheaper at 0.59% per year. On volatility, BATT has been the lower-risk option at 10.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BATT or BAGY?

Over the 1-year period, BATT has performed better with a 52.66% return vs -45.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BATT or BAGY?

BATT is cheaper with a 0.59% expense ratio, compared with 0.65% for BAGY.

Which ETF pays a higher dividend yield, BATT or BAGY?

BAGY has the higher dividend yield at 57.82%, compared with 1.74% for BATT.

What is the main difference between BATT and BAGY?

BATT is categorized as Lithium & Battery Metals, while BAGY is Derivative Income. Their fees differ too: 0.59% for BATT and 0.65% for BAGY.

Which has better risk-adjusted returns?

BATT currently has the higher Sharpe Ratio (1.59 vs -1.05), 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.