CONY vs. AMDY
Compare and contrast key facts about YieldMax COIN Option Income Strategy ETF (CONY) and YieldMax AMD Option Income Strategy ETF (AMDY).
CONY and AMDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CONY is an actively managed fund by YieldMax. It was launched on Aug 14, 2023. AMDY is an actively managed fund by YieldMax. It was launched on Sep 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CONY or AMDY.
Key characteristics
| CONY | AMDY | |
|---|---|---|
| YTD Return | 31.01% | -2.85% |
| 1Y Return | 91.59% | 18.31% |
| Sharpe Ratio | 1.55 | 0.47 |
| Sortino Ratio | 2.18 | 0.85 |
| Omega Ratio | 1.27 | 1.12 |
| Calmar Ratio | 2.51 | 0.57 |
| Martin Ratio | 5.83 | 1.12 |
| Ulcer Index | 16.23% | 16.28% |
| Daily Std Dev | 61.10% | 38.46% |
| Max Drawdown | -37.72% | -32.05% |
| Current Drawdown | 0.00% | -20.51% |
Correlation
The correlation between CONY and AMDY is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CONY vs. AMDY - Performance Comparison
In the year-to-date period, CONY achieves a 31.01% return, which is significantly higher than AMDY's -2.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CONY vs. AMDY - Expense Ratio Comparison
Both CONY and AMDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
CONY vs. AMDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax COIN Option Income Strategy ETF (CONY) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.
Dividends
CONY vs. AMDY - Dividend Comparison
CONY's dividend yield for the trailing twelve months is around 114.37%, more than AMDY's 80.15% yield.
| TTM | 2023 | |
|---|---|---|
CONY YieldMax COIN Option Income Strategy ETF | 114.37% | 16.43% |
AMDY YieldMax AMD Option Income Strategy ETF | 80.15% | 6.68% |
Drawdowns
CONY vs. AMDY - Drawdown Comparison
The maximum CONY drawdown since its inception was -37.72%, which is greater than AMDY's maximum drawdown of -32.05%. Use the drawdown chart below to compare losses from any high point for CONY and AMDY. For additional features, visit the drawdowns tool.
Volatility
CONY vs. AMDY - Volatility Comparison
YieldMax COIN Option Income Strategy ETF (CONY) has a higher volatility of 27.86% compared to YieldMax AMD Option Income Strategy ETF (AMDY) at 11.79%. This indicates that CONY's price experiences larger fluctuations and is considered to be riskier than AMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.