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ETHO vs. BITY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ETHO vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Etho Climate Leadership U.S. ETF (ETHO) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

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ETHO vs. BITY - Yearly Performance Comparison


Returns By Period

In the year-to-date period, ETHO achieves a 1.19% return, which is significantly higher than BITY's -18.54% return.


ETHO

1D
3.33%
1M
-4.63%
YTD
1.19%
6M
4.63%
1Y
21.18%
3Y*
5Y*
10Y*

BITY

1D
2.00%
1M
5.36%
YTD
-18.54%
6M
-39.12%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ETHO vs. BITY - Expense Ratio Comparison

ETHO has a 0.45% expense ratio, which is lower than BITY's 0.65% expense ratio.


Return for Risk

ETHO vs. BITY — Risk / Return Rank

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

ETHO
ETHO Risk / Return Rank: 5858
Overall Rank
ETHO Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
ETHO Sortino Ratio Rank: 5757
Sortino Ratio Rank
ETHO Omega Ratio Rank: 5252
Omega Ratio Rank
ETHO Calmar Ratio Rank: 6161
Calmar Ratio Rank
ETHO Martin Ratio Rank: 6565
Martin Ratio Rank

BITY
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.

ETHO vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Etho Climate Leadership U.S. ETF (ETHO) 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.


ETHOBITYDifference

Sharpe ratio

Return per unit of total volatility

0.95

Sortino ratio

Return per unit of downside risk

1.47

Omega ratio

Gain probability vs. loss probability

1.19

Calmar ratio

Return relative to maximum drawdown

1.52

Martin ratio

Return relative to average drawdown

6.41

ETHO vs. BITY - Sharpe Ratio Comparison


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Sharpe Ratios by Period


ETHOBITYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

-0.68

+1.14

Correlation

The correlation between ETHO and BITY is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

ETHO vs. BITY - Dividend Comparison

ETHO's dividend yield for the trailing twelve months is around 0.85%, less than BITY's 35.41% yield.


Drawdowns

ETHO vs. BITY - Drawdown Comparison

The maximum ETHO drawdown since its inception was -25.50%, smaller than the maximum BITY drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for ETHO and BITY.


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Drawdown Indicators


ETHOBITYDifference

Max Drawdown

Largest peak-to-trough decline

-25.50%

-46.36%

+20.86%

Max Drawdown (1Y)

Largest decline over 1 year

-14.03%

Current Drawdown

Current decline from peak

-6.23%

-42.26%

+36.03%

Average Drawdown

Average peak-to-trough decline

-4.78%

-16.54%

+11.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.32%

Volatility

ETHO vs. BITY - Volatility Comparison


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Volatility by Period


ETHOBITYDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.65%

Volatility (6M)

Calculated over the trailing 6-month period

13.40%

Volatility (1Y)

Calculated over the trailing 1-year period

22.43%

40.02%

-17.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.61%

40.02%

-20.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.61%

40.02%

-20.41%