BITY vs. BCCC

Last updated Jun 4, 2026

BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and BCCC (Global X Bitcoin Covered Call ETF) are both exchange-traded funds - BITY is a Derivative Income fund actively managed by Amplify, while BCCC is a Cryptocurrency fund actively managed by Global X. Both are actively managed. With a 0.98 correlation, they move nearly in lockstep. BITY charges 0.65%/yr vs 0.75%/yr for BCCC.

Performance

BITY vs. BCCC - Performance Comparison

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

Returns By Period

In the year-to-date period, BITY achieves a -23.09% return, which is significantly lower than BCCC's -21.49% return.

BITY

• 1D: -2.61%
• 1M: -19.63%
• YTD: -23.09%
• 6M: -26.69%
• 1Y: -37.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCCC

• 1D: -2.78%
• 1M: -14.90%
• YTD: -21.49%
• 6M: -22.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITY vs. BCCC - Yearly Performance Comparison

	2026 (YTD)	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-23.09%	-17.94%
BCCC Global X Bitcoin Covered Call ETF	-21.49%	-7.14%

Correlation

The correlation between BITY and BCCC is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.98

Return for Risk

BITY vs. BCCC — Risk / Return Rank

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

BITY

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

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.

BITY vs. BCCC - Risk-Adjusted Trends Comparison

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

	BITY	BCCC	Difference
Sharpe ratio: Return per unit of total volatility	-0.94	—	—
Sortino ratio: Return per unit of downside risk	-1.30	—	—
Omega ratio: Gain probability vs. loss probability	0.85	—	—
Calmar ratio: Return relative to maximum drawdown	-0.81	—	—
Martin ratio: Return relative to average drawdown	-1.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BITY	BCCC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.70	-0.78	+0.08

Drawdowns

BITY vs. BCCC - Drawdown Comparison

The maximum BITY drawdown since its inception was -46.36%, which is greater than BCCC's maximum drawdown of -41.62%. Use the drawdown chart below to compare losses from any high point for BITY and BCCC.

Drawdown Indicators

	BITY	BCCC	Difference
Max Drawdown Largest peak-to-trough decline	-46.36%	-41.62%	-4.74%
Max Drawdown (1Y) Largest decline over 1 year	-46.36%	—	—
Current Drawdown Current decline from peak	-45.49%	-37.25%	-8.24%
Average Drawdown Average peak-to-trough decline	-19.67%	-16.84%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.48%	—	—

Volatility

Volatility by Period

	BITY	BCCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.94%	35.07%	+4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.02%	35.07%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.02%	35.07%	+3.95%

BITY vs. BCCC - Expense Ratio Comparison

BITY has a 0.65% expense ratio, which is lower than BCCC's 0.75% expense ratio.

Dividends

BITY vs. BCCC - Dividend Comparison

BITY's dividend yield for the trailing twelve months is around 39.66%, less than BCCC's 62.51% yield.

Position	TTM	2025
BCCC Global X Bitcoin Covered Call ETF	62.51%	29.55%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	39.66%	21.53%

Frequently Asked Questions

Can I hold both BITY and BCCC in my portfolio?

With a correlation of 0.98, BITY and BCCC 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.

Which ETF is better, BITY or BCCC?

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.

Which ETF is cheaper, BITY or BCCC?

BITY is cheaper with a 0.65% expense ratio, compared with 0.75% for BCCC.

Which ETF pays a higher dividend yield, BITY or BCCC?

BCCC has the higher dividend yield at 62.51%, compared with 39.66% for BITY.

What is the main difference between BITY and BCCC?

BITY is categorized as Derivative Income, while BCCC is Cryptocurrency. They also come from different issuers: Amplify and Global X. Their fees differ too: 0.65% for BITY and 0.75% for BCCC.