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 -37.35% vs 4.03% for USFR. At a correlation of -0.08, they often move in opposite directions. 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 -23.09% return, which is significantly lower than USFR's 1.60% return.
BITY
- 1D
- -2.61%
- 1M
- -19.63%
- YTD
- -23.09%
- 6M
- -26.69%
- 1Y
- -37.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USFR
- 1D
- 0.02%
- 1M
- 0.29%
- YTD
- 1.60%
- 6M
- 1.98%
- 1Y
- 4.03%
- 3Y*
- 4.76%
- 5Y*
- 3.66%
- 10Y*
- 2.47%
BITY vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -23.09% | -8.21% |
USFR WisdomTree Floating Rate Treasury Fund | 1.60% | 2.82% |
Correlation
The correlation between BITY and USFR is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025 | -0.08 |
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.
| BITY | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.05 | ||
| Sortino ratioReturn per unit of downside risk | -51.94 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 13.43 | -12.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 203.42 | -204.23 |
| Martin ratioReturn relative to average drawdown | -1.41 | 787.84 | -789.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BITY | USFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.94 | 15.11 | -16.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 9.26 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 3.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.70 | 1.60 | -2.30 |
Drawdowns
BITY vs. USFR - Drawdown Comparison
The maximum BITY drawdown since its inception was -46.36%, 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 | -46.36% | -1.36% | -45.00% |
Max Drawdown (1Y)Largest decline over 1 year | -46.36% | -0.02% | -46.34% |
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 | -45.49% | 0.00% | -45.49% |
Average DrawdownAverage peak-to-trough decline | -19.67% | -0.16% | -19.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.48% | 0.01% | +26.47% |
Volatility
BITY vs. USFR - Volatility Comparison
Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a higher volatility of 9.68% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.06%. 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 | 9.68% | 0.06% | +9.62% |
Volatility (6M)Calculated over the trailing 6-month period | 31.24% | 0.18% | +31.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.94% | 0.27% | +39.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.02% | 0.40% | +38.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.02% | 0.81% | +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 39.66%, more than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 39.66% | 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 | 3.91% | 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 -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITY has higher volatility (9.68%) compared to USFR (0.06%). In terms of maximum drawdown, BITY dropped -46.36% vs USFR's -1.36%.
On 1-year performance, USFR leads with 4.03% vs -37.35% for BITY. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.06%. 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 4.03% return vs -37.35%. 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 39.66%, compared with 3.91% 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 (15.11 vs -0.94), 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