COWS vs. SILJ

Last updated Aug 2, 2026

COWS (Amplify Cash Flow Dividend Leaders ETF) and SILJ (Amplify Junior Silver Miners ETF) are both exchange-traded funds - COWS is a Mid Cap Value Equities fund tracking the Kelly US Cash Flow Dividend Leaders Index, while SILJ is a Silver fund tracking the Nasdaq Junior Silver Miners Index. Both are passively managed. Over the past year, COWS returned 32.48% vs 68.80% for SILJ. Their 0.27 correlation means their historical movements had little consistent relationship. COWS charges 0.00%/yr vs 0.69%/yr for SILJ.

Performance

COWS vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Cash Flow Dividend Leaders ETF (COWS) and Amplify Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COWS achieves a 16.71% return, which is significantly higher than SILJ's -12.94% return.

COWS

• 1D: 0.16%
• 1M: 4.92%
• 6M: 14.74%
• YTD: 16.71%
• 1Y: 32.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.58%

SILJ

• 1D: -3.45%
• 1M: -9.88%
• 6M: -24.25%
• YTD: -12.94%
• 1Y: 68.80%
• 3Y*: 38.59%
• 5Y*: 12.94%
• 10Y*: 3.95%
• ALL TIME*: 2.50%

*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)
COWS Amplify Cash Flow Dividend Leaders ETF	$328.33K	$310.96K	$216.44K
SILJ Amplify Junior Silver Miners ETF	$79.44M	$79.47M	$126.28M

COWS vs. SILJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
COWS Amplify Cash Flow Dividend Leaders ETF	16.71%	15.29%	11.08%	9.31%
SILJ Amplify Junior Silver Miners ETF	-12.94%	183.89%	6.39%	10.38%

Correlation

The correlation between COWS and SILJ is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023	0.27

COWS vs. SILJ - Sectors Allocation Comparison

Sectors	COWS	SILJ
Consumer Cyclical	18.5%	-
Technology	17.8%	-
Industrials	16.3%	-
Financial Services	15.9%	0.3%
Healthcare	11.4%	-
Energy	8.7%	-
Basic Materials	6.1%	99.8%
Communication Services	2.7%	0.0%
Consumer Defensive	2.6%	0.2%
Utilities	2.3%	-
Real Estate	-	-

Return for Risk

COWS vs. SILJ — Risk / Return Rank

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

COWS

COWS Risk / Return Rank: 86
COWS Sharpe Ratio Rank: 81
COWS Sortino Ratio Rank: 84
COWS Omega Ratio Rank: 79
COWS Calmar Ratio Rank: 94
COWS Martin Ratio Rank: 91

SILJ

SILJ Risk / Return Rank: 45
SILJ Sharpe Ratio Rank: 49
SILJ Sortino Ratio Rank: 47
SILJ Omega Ratio Rank: 49
SILJ Calmar Ratio Rank: 48
SILJ Martin Ratio Rank: 35

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.

COWS vs. SILJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Cash Flow Dividend Leaders ETF (COWS) and Amplify Junior Silver Miners ETF (SILJ). 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.

	COWS	SILJ	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.19	+0.67
Sortino ratio: Return per unit of downside risk	2.73	1.68	+1.06
Omega ratio: Gain probability vs. loss probability	1.33	1.22	+0.11
Calmar ratio: Return relative to maximum drawdown	4.65	1.69	+2.96
Martin ratio: Return relative to average drawdown	15.02	3.45	+11.57

COWS vs. SILJ - Sharpe Ratio Comparison

The current COWS Sharpe Ratio is 1.85, which is higher than the SILJ Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of COWS and SILJ, 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

COWS vs. SILJ - Drawdown Comparison

The maximum COWS drawdown since its inception was -24.76%, smaller than the maximum SILJ drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for COWS and SILJ.

Drawdown Indicators

	COWS	SILJ	Difference
Max Drawdown Largest peak-to-trough decline	-24.76%	-79.04%	+54.28%
Max Drawdown (1Y) Largest decline over 1 year	-6.44%	-41.12%	+34.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-48.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-70.06%	—
Current Drawdown Current decline from peak	-1.59%	-40.22%	+38.63%
Average Drawdown Average peak-to-trough decline	-3.77%	-41.36%	+37.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	20.08%	-18.09%

Volatility

COWS vs. SILJ - Volatility Comparison

The current volatility for Amplify Cash Flow Dividend Leaders ETF (COWS) is 5.17%, while Amplify Junior Silver Miners ETF (SILJ) has a volatility of 14.89%. This indicates that COWS experiences smaller price fluctuations and is considered to be less risky than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COWS	SILJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	14.89%	-9.72%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	47.55%	-36.68%
Volatility (1Y) Calculated over the trailing 1-year period	16.20%	58.44%	-42.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.71%	45.12%	-26.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	46.34%	-27.63%

COWS vs. SILJ - Expense Ratio Comparison

COWS has a 0.00% expense ratio, which is lower than SILJ's 0.69% expense ratio.

Dividends

COWS vs. SILJ - Dividend Comparison

COWS's dividend yield for the trailing twelve months is around 1.46%, less than SILJ's 2.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COWS Amplify Cash Flow Dividend Leaders ETF	1.46%	2.04%	2.08%	0.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SILJ Amplify Junior Silver Miners ETF	2.30%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both COWS and SILJ in my portfolio?

COWS and SILJ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COWS or SILJ?

SILJ has higher volatility (14.89%) compared to COWS (5.17%). In terms of maximum drawdown, COWS dropped -24.76% vs SILJ's -79.04%.

Which ETF is better, COWS or SILJ?

On 1-year performance, SILJ leads with 68.80% vs 32.48% for COWS. On fees, COWS is cheaper at 0.00% per year. On volatility, COWS has been the lower-risk option at 5.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COWS or SILJ?

Over the 1-year period, SILJ has performed better with a 68.80% return vs 32.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COWS or SILJ?

COWS is cheaper with a 0.00% expense ratio, compared with 0.69% for SILJ.

Which ETF pays a higher dividend yield, COWS or SILJ?

SILJ has the higher dividend yield at 2.30%, compared with 1.46% for COWS.

What is the main difference between COWS and SILJ?

COWS is categorized as Mid Cap Value Equities, while SILJ is Silver. COWS tracks Kelly US Cash Flow Dividend Leaders Index, while SILJ tracks Nasdaq Junior Silver Miners Index. Their fees differ too: 0.00% for COWS and 0.69% for SILJ.

Which has better risk-adjusted returns?

COWS currently has the higher Sharpe Ratio (1.85 vs 1.19), 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.