BITY vs. USFR
BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - BITY is a Derivative Income fund actively managed by Amplify, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. BITY is actively managed, while USFR is passively managed. Over the past year, BITY returned -42.71% vs 3.97% for USFR. Their -0.11 correlation means they have often moved in opposite directions in the past. BITY charges 0.65%/yr vs 0.15%/yr for USFR.
Performance
BITY vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BITY achieves a -24.98% return, which is significantly lower than USFR's 2.29% return.
BITY
- 1D
- 1.53%
- 1M
- 3.66%
- 6M
- -17.08%
- YTD
- -24.98%
- 1Y
- -42.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -25.35%
USFR
- 1D
- 0.02%
- 1M
- 0.36%
- 6M
- 1.91%
- YTD
- 2.29%
- 1Y
- 3.97%
- 3Y*
- 4.68%
- 5Y*
- 3.81%
- 10Y*
- 2.48%
- ALL TIME*
- 1.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $96.90K | $160.98K | $174.76K | |
| $329.70M | $258.22M | $246.25M |
BITY vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -24.98% | -7.84% |
USFR WisdomTree Floating Rate Treasury Fund | 2.29% | 2.84% |
Correlation
The correlation between BITY and USFR is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.14 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | -0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BITY vs. USFR — Risk / Return Rank
BITY
USFR
BITY vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bitcoin 2% Monthly Option Income ETF (BITY) and WisdomTree Floating Rate Treasury Fund (USFR). 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 | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.68 | ||
| Sortino ratioReturn per unit of downside risk | -53.11 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 14.07 | -13.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 200.37 | -201.21 |
| Martin ratioReturn relative to average drawdown | -1.31 | 800.41 | -801.72 |
Loading charts...
Drawdowns
BITY vs. USFR - Drawdown Comparison
The maximum BITY drawdown since its inception was -50.87%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for BITY and USFR.
Loading charts...
Drawdown Indicators
| BITY | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.87% | -1.36% | -49.51% |
Max Drawdown (1Y)Largest decline over 1 year | -50.87% | -0.02% | -50.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.80% | — |
Current DrawdownCurrent decline from peak | -46.83% | 0.00% | -46.83% |
Average DrawdownAverage peak-to-trough decline | -23.20% | -0.15% | -23.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.67% | 0.00% | +32.67% |
Volatility
BITY vs. USFR - Volatility Comparison
Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a higher volatility of 9.05% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that BITY's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BITY | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 0.09% | +8.96% |
Volatility (6M)Calculated over the trailing 6-month period | 31.67% | 0.20% | +31.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.56% | 0.27% | +41.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.97% | 0.39% | +38.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.97% | 0.76% | +38.21% |
BITY vs. USFR - Expense Ratio Comparison
BITY has a 0.65% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
BITY vs. USFR - Dividend Comparison
BITY's dividend yield for the trailing twelve months is around 37.11%, more than USFR's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 37.11% | 21.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Floating Rate Treasury Fund | 3.79% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Frequently Asked Questions
BITY and USFR have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITY has higher volatility (9.05%) compared to USFR (0.09%). In terms of maximum drawdown, BITY dropped -50.87% vs USFR's -1.36%.
On 1-year performance, USFR leads with 3.97% vs -42.71% for BITY. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USFR has performed better with a 3.97% return vs -42.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USFR is cheaper with a 0.15% expense ratio, compared with 0.65% for BITY.
BITY has the higher dividend yield at 37.11%, compared with 3.79% for USFR.
BITY is categorized as Derivative Income, while USFR is Government Bonds. They also come from different issuers: Amplify and WisdomTree. Their fees differ too: 0.65% for BITY and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.64 vs -1.03), 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.
Find the right allocation for BITY and USFR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer