BITK vs. BITY
BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.94 means they have usually moved in the same direction. BITK charges 0.99%/yr vs 0.65%/yr for BITY.
Performance
BITK vs. BITY - Performance Comparison
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Returns By Period
In the year-to-date period, BITK achieves a -30.37% return, which is significantly lower than BITY's -26.11% return.
BITK
- 1D
- 0.00%
- 1M
- 3.70%
- 6M
- -25.97%
- YTD
- -30.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITY
- 1D
- -2.83%
- 1M
- 2.10%
- 6M
- -23.81%
- YTD
- -26.11%
- 1Y
- -43.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -26.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $4.50K | $39.97K | |
| $100.16K | $157.87K | $174.55K |
BITK vs. BITY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | -30.37% | -27.15% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -26.11% | -24.03% |
Correlation
The correlation between BITK and BITY is 0.94, 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 Sep 24, 2025 | 0.94 |
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Return for Risk
BITK vs. BITY — Risk / Return Rank
BITK
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITY
BITK vs. BITY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) 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.
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.
| BITK | BITY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.90 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
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Drawdowns
BITK vs. BITY - Drawdown Comparison
The maximum BITK drawdown since its inception was -57.48%, which is greater than BITY's maximum drawdown of -50.87%. Use the drawdown chart below to compare losses from any high point for BITK and BITY.
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Drawdown Indicators
| BITK | BITY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.48% | -50.87% | -6.61% |
Max Drawdown (1Y)Largest decline over 1 year | — | -50.87% | — |
Current DrawdownCurrent decline from peak | -53.75% | -47.63% | -6.12% |
Average DrawdownAverage peak-to-trough decline | -38.35% | -23.13% | -15.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 32.54% | — |
Volatility
BITK vs. BITY - Volatility Comparison
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Volatility by Period
| BITK | BITY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 46.91% | 41.58% | +5.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.91% | 39.00% | +7.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.91% | 39.00% | +7.91% |
BITK vs. BITY - Expense Ratio Comparison
BITK has a 0.99% expense ratio, which is higher than BITY's 0.65% expense ratio.
Dividends
BITK vs. BITY - Dividend Comparison
BITK's dividend yield for the trailing twelve months is around 49.49%, more than BITY's 37.67% yield.
| Position | TTM | 2025 |
|---|---|---|
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | 49.49% | 23.15% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 37.67% | 21.53% |
Frequently Asked Questions
With a correlation of 0.94, BITK and BITY 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, BITY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BITY is cheaper with a 0.65% expense ratio, compared with 0.99% for BITK.
BITK has the higher dividend yield at 49.49%, compared with 37.67% for BITY.
They also come from different issuers: Tuttle and Amplify. Their fees differ too: 0.99% for BITK and 0.65% for BITY.
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