EHY vs. BITY

Last updated Jun 4, 2026

EHY (Amplify Ethereum Max Income Covered Call ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - EHY is a Cryptocurrency fund actively managed by Amplify, while BITY is a Derivative Income fund actively managed by Amplify. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. EHY charges 0.75%/yr vs 0.65%/yr for BITY.

Performance

EHY vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Ethereum Max Income Covered Call ETF (EHY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EHY achieves a -38.15% return, which is significantly lower than BITY's -23.09% return.

EHY

• 1D: -6.90%
• 1M: -26.11%
• YTD: -38.15%
• 6M: -36.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITY

• 1D: -2.61%
• 1M: -19.63%
• YTD: -23.09%
• 6M: -26.69%
• 1Y: -37.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EHY vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
EHY Amplify Ethereum Max Income Covered Call ETF	-38.15%	-25.71%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-23.09%	-26.29%

Correlation

The correlation between EHY and BITY is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	0.91

Return for Risk

EHY vs. BITY — Risk / Return Rank

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

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 2
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY Martin Ratio Rank: 2

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.

EHY vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum Max Income Covered Call ETF (EHY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EHY	BITY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.21	-0.70	-0.50

Drawdowns

EHY vs. BITY - Drawdown Comparison

The maximum EHY drawdown since its inception was -54.05%, which is greater than BITY's maximum drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for EHY and BITY.

Drawdown Indicators

	EHY	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-46.36%	-7.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-46.36%	—
Current Drawdown Current decline from peak	-54.05%	-45.49%	-8.56%
Average Drawdown Average peak-to-trough decline	-33.13%	-19.67%	-13.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.48%	—

Volatility

Volatility by Period

	EHY	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.36%	39.94%	+18.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.36%	39.02%	+19.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.36%	39.02%	+19.34%

EHY vs. BITY - Expense Ratio Comparison

EHY has a 0.75% expense ratio, which is higher than BITY's 0.65% expense ratio.

Dividends

EHY vs. BITY - Dividend Comparison

EHY's dividend yield for the trailing twelve months is around 48.29%, more than BITY's 39.66% yield.

Position	TTM	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	39.66%	21.53%
EHY Amplify Ethereum Max Income Covered Call ETF	48.29%	8.87%

Frequently Asked Questions

Can I hold both EHY and BITY in my portfolio?

With a correlation of 0.91, EHY and BITY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EHY or BITY?

On fees, BITY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EHY or BITY?

BITY is cheaper with a 0.65% expense ratio, compared with 0.75% for EHY.

Which ETF pays a higher dividend yield, EHY or BITY?

EHY has the higher dividend yield at 48.29%, compared with 39.66% for BITY.

What is the main difference between EHY and BITY?

EHY is categorized as Cryptocurrency, while BITY is Derivative Income. Their fees differ too: 0.75% for EHY and 0.65% for BITY.