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DX vs. AMZY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DX vs. AMZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynex Capital, Inc. (DX) and YieldMax AMZN Option Income Strategy ETF (AMZY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DX achieves a 0.54% return, which is significantly lower than AMZY's 1.40% return.


DX

1D
0.08%
1M
2.83%
YTD
0.54%
6M
1.85%
1Y
25.07%
3Y*
17.21%
5Y*
5.09%
10Y*
7.57%

AMZY

1D
1.83%
1M
-6.71%
YTD
1.40%
6M
2.54%
1Y
8.54%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

DX vs. AMZY - Yearly Performance Comparison


2026 (YTD)202520242023
DX
Dynex Capital, Inc.
0.54%29.48%13.64%0.87%
AMZY
YieldMax AMZN Option Income Strategy ETF
1.40%10.39%35.28%18.03%

Correlation

The correlation between DX and AMZY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Jul 25, 2023

0.24

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Return for Risk

DX vs. AMZY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DX
DX Risk / Return Rank: 7676
Overall Rank
DX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
DX Sortino Ratio Rank: 7777
Sortino Ratio Rank
DX Omega Ratio Rank: 7575
Omega Ratio Rank
DX Calmar Ratio Rank: 7272
Calmar Ratio Rank
DX Martin Ratio Rank: 7676
Martin Ratio Rank

AMZY
AMZY Risk / Return Rank: 1313
Overall Rank
AMZY Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
AMZY Sortino Ratio Rank: 1313
Sortino Ratio Rank
AMZY Omega Ratio Rank: 1414
Omega Ratio Rank
AMZY Calmar Ratio Rank: 1313
Calmar Ratio Rank
AMZY Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DX vs. AMZY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynex Capital, Inc. (DX) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.


DXAMZYDifference
Sharpe ratioReturn per unit of total volatility

+1.07

Sortino ratioReturn per unit of downside risk

+1.38

Omega ratioGain probability vs. loss probability

1.25

1.08

+0.17

Calmar ratioReturn relative to maximum drawdown

1.65

0.44

+1.21

Martin ratioReturn relative to average drawdown

4.98

1.05

+3.93

DX vs. AMZY - Sharpe Ratio Comparison

The current DX Sharpe Ratio is 1.43, which is higher than the AMZY Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of DX and AMZY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DX vs. AMZY - Drawdown Comparison

The maximum DX drawdown since its inception was -99.12%, which is greater than AMZY's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for DX and AMZY.


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Drawdown Indicators


DXAMZYDifference

Max Drawdown

Largest peak-to-trough decline

-99.12%

-23.70%

-75.42%

Max Drawdown (1Y)

Largest decline over 1 year

-15.27%

-19.61%

+4.34%

Max Drawdown (3Y)

Largest decline over 3 years

-25.81%

Max Drawdown (5Y)

Largest decline over 5 years

-35.98%

Max Drawdown (10Y)

Largest decline over 10 years

-56.76%

Current Drawdown

Current decline from peak

-31.19%

-9.46%

-21.73%

Average Drawdown

Average peak-to-trough decline

-56.78%

-5.38%

-51.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.04%

8.13%

-3.09%

Volatility

DX vs. AMZY - Volatility Comparison

The current volatility for Dynex Capital, Inc. (DX) is 5.16%, while YieldMax AMZN Option Income Strategy ETF (AMZY) has a volatility of 7.69%. This indicates that DX experiences smaller price fluctuations and is considered to be less risky than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DXAMZYDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.16%

7.69%

-2.53%

Volatility (6M)

Calculated over the trailing 6-month period

13.78%

16.77%

-2.99%

Volatility (1Y)

Calculated over the trailing 1-year period

17.67%

23.97%

-6.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.85%

25.07%

-1.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.88%

25.07%

+4.81%

Dividends

DX vs. AMZY - Dividend Comparison

DX's dividend yield for the trailing twelve months is around 15.62%, less than AMZY's 56.44% yield.


PositionTTM20252024202320222021202020192018201720162015
AMZY
YieldMax AMZN Option Income Strategy ETF
56.44%52.59%47.91%9.90%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DX
Dynex Capital, Inc.
15.62%14.13%11.46%12.46%12.26%9.34%9.33%11.87%12.59%10.27%12.32%15.12%

Frequently Asked Questions


DX and AMZY 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.

AMZY has higher volatility (7.69%) compared to DX (5.16%). In terms of maximum drawdown, DX dropped -99.12% vs AMZY's -23.70%.

DX currently has the higher Sharpe Ratio (1.43 vs 0.36), 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.

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