BITY vs. EHY
BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and EHY (Amplify Ethereum Max Income Covered Call ETF) are both exchange-traded funds - BITY is a Derivative Income fund actively managed by Amplify, while EHY is a Cryptocurrency fund actively managed by Amplify. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. BITY charges 0.65%/yr vs 0.75%/yr for EHY.
Performance
BITY vs. EHY - Performance Comparison
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Returns By Period
In the year-to-date period, BITY achieves a -26.32% return, which is significantly higher than EHY's -44.52% return.
BITY
- 1D
- -3.55%
- 1M
- -17.96%
- YTD
- -26.32%
- 6M
- -26.36%
- 1Y
- -38.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EHY
- 1D
- -4.96%
- 1M
- -23.90%
- YTD
- -44.52%
- 6M
- -42.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITY vs. EHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -26.32% | -27.84% |
EHY Amplify Ethereum Max Income Covered Call ETF | -44.52% | -25.56% |
Correlation
The correlation between BITY and EHY is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025 | 0.91 |
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Return for Risk
BITY vs. EHY — Risk / Return Rank
BITY
EHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITY vs. EHY - 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 Ethereum Max Income Covered Call ETF (EHY). 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.
| BITY | EHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.85 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | — | — |
| Martin ratioReturn relative to average drawdown | -1.36 | — | — |
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Drawdowns
BITY vs. EHY - Drawdown Comparison
The maximum BITY drawdown since its inception was -50.04%, smaller than the maximum EHY drawdown of -60.86%. Use the drawdown chart below to compare losses from any high point for BITY and EHY.
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Drawdown Indicators
| BITY | EHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.04% | -60.86% | +10.82% |
Max Drawdown (1Y)Largest decline over 1 year | -50.04% | — | — |
Current DrawdownCurrent decline from peak | -47.77% | -58.78% | +11.01% |
Average DrawdownAverage peak-to-trough decline | -20.84% | -34.72% | +13.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.55% | — | — |
Volatility
BITY vs. EHY - Volatility Comparison
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Volatility by Period
| BITY | EHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.74% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.91% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.04% | 60.79% | -19.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.52% | 60.79% | -21.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.52% | 60.79% | -21.27% |
BITY vs. EHY - Expense Ratio Comparison
BITY has a 0.65% expense ratio, which is lower than EHY's 0.75% expense ratio.
Dividends
BITY vs. EHY - Dividend Comparison
BITY's dividend yield for the trailing twelve months is around 41.39%, less than EHY's 53.83% yield.
| Position | TTM | 2025 |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 41.39% | 21.53% |
EHY Amplify Ethereum Max Income Covered Call ETF | 53.83% | 8.87% |
Frequently Asked Questions
With a correlation of 0.91, BITY and EHY 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 0.75% for EHY.
EHY has the higher dividend yield at 53.83%, compared with 41.39% for BITY.
BITY is categorized as Derivative Income, while EHY is Cryptocurrency. Their fees differ too: 0.65% for BITY and 0.75% for EHY.
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