BITY vs. ETTY
BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and ETTY (Amplify Ethereum 3% Monthly Option Income ETF) are both exchange-traded funds - BITY is a Derivative Income fund actively managed by Amplify, while ETTY is a Cryptocurrency fund actively managed by Amplify. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. BITY charges 0.65%/yr vs 0.75%/yr for ETTY.
Performance
BITY vs. ETTY - Performance Comparison
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Returns By Period
In the year-to-date period, BITY achieves a -23.09% return, which is significantly higher than ETTY's -37.70% return.
BITY
- 1D
- -2.61%
- 1M
- -19.63%
- YTD
- -23.09%
- 6M
- -26.69%
- 1Y
- -37.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETTY
- 1D
- -6.19%
- 1M
- -25.01%
- YTD
- -37.70%
- 6M
- -37.88%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITY vs. ETTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -23.09% | -26.29% |
ETTY Amplify Ethereum 3% Monthly Option Income ETF | -37.70% | -27.81% |
Correlation
The correlation between BITY and ETTY is 0.92, 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 10, 2025 | 0.92 |
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Return for Risk
BITY vs. ETTY — Risk / Return Rank
BITY
ETTY
BITY vs. ETTY - 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 3% Monthly Option Income ETF (ETTY). 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 | ETTY | 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 | -0.81 | — | — |
| Martin ratioReturn 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. | |||
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Sharpe Ratios by Period
| BITY | ETTY | 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 | -1.14 | +0.44 |
Drawdowns
BITY vs. ETTY - Drawdown Comparison
The maximum BITY drawdown since its inception was -46.36%, smaller than the maximum ETTY drawdown of -55.03%. Use the drawdown chart below to compare losses from any high point for BITY and ETTY.
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Drawdown Indicators
| BITY | ETTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.36% | -55.03% | +8.67% |
Max Drawdown (1Y)Largest decline over 1 year | -46.36% | — | — |
Current DrawdownCurrent decline from peak | -45.49% | -55.03% | +9.54% |
Average DrawdownAverage peak-to-trough decline | -19.67% | -34.79% | +15.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.48% | — | — |
Volatility
BITY vs. ETTY - Volatility Comparison
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Volatility by Period
| BITY | ETTY | 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% | 62.79% | -22.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.02% | 62.79% | -23.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.02% | 62.79% | -23.77% |
BITY vs. ETTY - Expense Ratio Comparison
BITY has a 0.65% expense ratio, which is lower than ETTY's 0.75% expense ratio.
Dividends
BITY vs. ETTY - Dividend Comparison
BITY's dividend yield for the trailing twelve months is around 39.66%, more than ETTY's 32.69% yield.
| Position | TTM | 2025 |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 39.66% | 21.53% |
ETTY Amplify Ethereum 3% Monthly Option Income ETF | 32.69% | 6.26% |
Frequently Asked Questions
With a correlation of 0.92, BITY and ETTY 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 ETTY.
BITY has the higher dividend yield at 39.66%, compared with 32.69% for ETTY.
BITY is categorized as Derivative Income, while ETTY is Cryptocurrency. Their fees differ too: 0.65% for BITY and 0.75% for ETTY.
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