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BITY vs. BCCC
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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.

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BITY vs. BCCC - Yearly Performance Comparison


Returns By Period

The year-to-date returns for both investments are quite close, with BITY having a -18.54% return and BCCC slightly higher at -18.37%.


BITY

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

BCCC

1D
1.12%
1M
4.09%
YTD
-18.37%
6M
-31.34%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BITY vs. BCCC - Expense Ratio Comparison

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


Return for Risk

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.


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

BITY vs. BCCC - Sharpe Ratio Comparison


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Sharpe Ratios by Period


BITYBCCCDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.68

-0.79

+0.11

Correlation

The correlation between BITY and BCCC is 0.98, 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. BCCC - Dividend Comparison

BITY's dividend yield for the trailing twelve months is around 35.41%, less than BCCC's 51.39% yield.


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.


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Drawdown Indicators


BITYBCCCDifference

Max Drawdown

Largest peak-to-trough decline

-46.36%

-41.62%

-4.74%

Current Drawdown

Current decline from peak

-42.26%

-34.76%

-7.50%

Average Drawdown

Average peak-to-trough decline

-16.54%

-14.24%

-2.30%

Volatility

BITY vs. BCCC - Volatility Comparison


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Volatility by Period


BITYBCCCDifference

Volatility (1Y)

Calculated over the trailing 1-year period

40.02%

36.66%

+3.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

40.02%

36.66%

+3.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

40.02%

36.66%

+3.36%