BITY vs. BAGY

Last updated Apr 1, 2026

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

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

Performance

BITY vs. BAGY - Performance Comparison

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

BITY vs. BAGY - Yearly Performance Comparison

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

Returns By Period

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

BITY

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

BAGY

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

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

BITY vs. BAGY - Expense Ratio Comparison

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

BITY

Amplify Bitcoin 2% Monthly Option Income ETF

BAGY

Amplify Bitcoin Max Income Covered Call ETF

Return for Risk

BITY vs. BAGY - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

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

Correlation

The correlation between BITY and BAGY 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

BITY vs. BAGY - Dividend Comparison

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

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

Drawdowns

BITY vs. BAGY - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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