BITY vs. SOXY

Last updated Aug 1, 2026

BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, BITY returned -43.57% vs 93.60% for SOXY. Their 0.41 correlation means their historical movements had little consistent relationship. BITY charges 0.65%/yr vs 1.06%/yr for SOXY.

Performance

BITY vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bitcoin 2% Monthly Option Income ETF (BITY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BITY achieves a -26.11% return, which is significantly lower than SOXY's 58.34% return.

BITY

• 1D: -2.83%
• 1M: 2.10%
• 6M: -23.81%
• YTD: -26.11%
• 1Y: -43.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.39%

SOXY

• 1D: 0.60%
• 1M: -12.01%
• 6M: 42.45%
• YTD: 58.34%
• 1Y: 93.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 58.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BITY Amplify Bitcoin 2% Monthly Option Income ETF	$100.16K	$157.87K	$174.55K
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.44M	$2.09M

BITY vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-26.11%	-7.84%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	58.34%	53.35%

Correlation

The correlation between BITY and SOXY is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.41

Return for Risk

BITY vs. SOXY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BITY

BITY Risk / Return Rank: 1
BITY Sharpe Ratio Rank: 1
BITY Sortino Ratio Rank: 1
BITY Omega Ratio Rank: 1
BITY Calmar Ratio Rank: 1
BITY Martin Ratio Rank: 1

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 91
SOXY Sortino Ratio Rank: 83
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BITY vs. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bitcoin 2% Monthly Option Income ETF (BITY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	-1.10	2.30	-3.40
Sortino ratio: Return per unit of downside risk	-1.66	2.73	-4.40
Omega ratio: Gain probability vs. loss probability	0.82	1.37	-0.55
Calmar ratio: Return relative to maximum drawdown	-0.90	3.21	-4.11
Martin ratio: Return relative to average drawdown	-1.40	14.50	-15.90

BITY vs. SOXY - Sharpe Ratio Comparison

The current BITY Sharpe Ratio is -1.10, which is lower than the SOXY Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of BITY and SOXY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BITY vs. SOXY - Drawdown Comparison

The maximum BITY drawdown since its inception was -50.87%, which is greater than SOXY's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for BITY and SOXY.

Drawdown Indicators

	BITY	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-50.87%	-30.22%	-20.65%
Max Drawdown (1Y) Largest decline over 1 year	-50.87%	-28.56%	-22.31%
Current Drawdown Current decline from peak	-47.63%	-21.71%	-25.92%
Average Drawdown Average peak-to-trough decline	-23.13%	-5.49%	-17.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.54%	6.31%	+26.23%

Volatility

BITY vs. SOXY - Volatility Comparison

The current volatility for Amplify Bitcoin 2% Monthly Option Income ETF (BITY) is 9.22%, while YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a volatility of 18.62%. This indicates that BITY experiences smaller price fluctuations and is considered to be less risky than SOXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BITY	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	18.62%	-9.40%
Volatility (6M) Calculated over the trailing 6-month period	31.63%	35.73%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	41.58%	39.94%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.00%	39.31%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.00%	39.31%	-0.31%

BITY vs. SOXY - Expense Ratio Comparison

BITY has a 0.65% expense ratio, which is lower than SOXY's 1.06% expense ratio.

Dividends

BITY vs. SOXY - Dividend Comparison

BITY's dividend yield for the trailing twelve months is around 37.67%, more than SOXY's 9.41% yield.

Position	TTM	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	37.67%	21.53%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.41%	11.47%

Frequently Asked Questions

Can I hold both BITY and SOXY in my portfolio?

BITY and SOXY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BITY or SOXY?

SOXY has higher volatility (18.62%) compared to BITY (9.22%). In terms of maximum drawdown, BITY dropped -50.87% vs SOXY's -30.22%.

Which ETF is better, BITY or SOXY?

On 1-year performance, SOXY leads with 93.60% vs -43.57% for BITY. On fees, BITY is cheaper at 0.65% per year. On volatility, BITY has been the lower-risk option at 9.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BITY or SOXY?

Over the 1-year period, SOXY has performed better with a 93.60% return vs -43.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BITY or SOXY?

BITY is cheaper with a 0.65% expense ratio, compared with 1.06% for SOXY.

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

BITY has the higher dividend yield at 37.67%, compared with 9.41% for SOXY.

What is the main difference between BITY and SOXY?

They also come from different issuers: Amplify and YieldMax. Their fees differ too: 0.65% for BITY and 1.06% for SOXY.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (2.30 vs -1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.