ETTY vs. BAGY
ETTY (Amplify Ethereum 3% Monthly Option Income ETF) and BAGY (Amplify Bitcoin Max Income Covered Call ETF) are both exchange-traded funds - ETTY is a Cryptocurrency fund actively managed by Amplify, while BAGY is a Derivative Income fund actively managed by Amplify. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. ETTY charges 0.75%/yr vs 0.65%/yr for BAGY.
Performance
ETTY vs. BAGY - Performance Comparison
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Returns By Period
In the year-to-date period, ETTY achieves a -43.72% return, which is significantly lower than BAGY's -25.28% return.
ETTY
- 1D
- -4.71%
- 1M
- -22.31%
- YTD
- -43.72%
- 6M
- -41.90%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BAGY
- 1D
- -3.61%
- 1M
- -18.40%
- YTD
- -25.28%
- 6M
- -25.26%
- 1Y
- -38.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETTY vs. BAGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ETTY Amplify Ethereum 3% Monthly Option Income ETF | -43.72% | -27.75% |
BAGY Amplify Bitcoin Max Income Covered Call ETF | -25.28% | -27.60% |
Correlation
The correlation between ETTY and BAGY is 0.92, 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 9, 2025 | 0.92 |
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Return for Risk
ETTY vs. BAGY — Risk / Return Rank
ETTY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BAGY
ETTY vs. BAGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). 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.
| ETTY | BAGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.86 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.78 | — |
| Martin ratioReturn relative to average drawdown | — | -1.37 | — |
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Drawdowns
ETTY vs. BAGY - Drawdown Comparison
The maximum ETTY drawdown since its inception was -61.36%, which is greater than BAGY's maximum drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for ETTY and BAGY.
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Drawdown Indicators
| ETTY | BAGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.36% | -49.84% | -11.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.84% | — |
Current DrawdownCurrent decline from peak | -59.37% | -47.43% | -11.94% |
Average DrawdownAverage peak-to-trough decline | -36.31% | -20.76% | -15.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.33% | — |
Volatility
ETTY vs. BAGY - Volatility Comparison
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Volatility by Period
| ETTY | BAGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.04% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.99% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 64.27% | 42.91% | +21.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.27% | 41.30% | +22.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.27% | 41.30% | +22.97% |
ETTY vs. BAGY - Expense Ratio Comparison
ETTY has a 0.75% expense ratio, which is higher than BAGY's 0.65% expense ratio.
Dividends
ETTY vs. BAGY - Dividend Comparison
ETTY's dividend yield for the trailing twelve months is around 36.18%, less than BAGY's 60.88% yield.
| Position | TTM | 2025 |
|---|---|---|
BAGY Amplify Bitcoin Max Income Covered Call ETF | 60.88% | 30.16% |
ETTY Amplify Ethereum 3% Monthly Option Income ETF | 36.18% | 6.26% |
Frequently Asked Questions
With a correlation of 0.92, ETTY and BAGY 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.
On fees, BAGY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BAGY is cheaper with a 0.65% expense ratio, compared with 0.75% for ETTY.
BAGY has the higher dividend yield at 60.88%, compared with 36.18% for ETTY.
ETTY is categorized as Cryptocurrency, while BAGY is Derivative Income. Their fees differ too: 0.75% for ETTY and 0.65% for BAGY.
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