ETTY vs. BFAP

Last updated Jun 23, 2026

ETTY (Amplify Ethereum 3% Monthly Option Income ETF) and BFAP (FT Vest Bitcoin Strategy Floor15 ETF - April) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. ETTY charges 0.75%/yr vs 0.90%/yr for BFAP.

Performance

ETTY vs. BFAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETTY achieves a -40.93% return, which is significantly lower than BFAP's -21.08% return.

ETTY

• 1D: 1.85%
• 1M: -18.47%
• YTD: -40.93%
• 6M: -39.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFAP

• 1D: 1.06%
• 1M: -5.80%
• YTD: -21.08%
• 6M: -21.68%
• 1Y: -24.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETTY vs. BFAP - Yearly Performance Comparison

	2026 (YTD)	2025
ETTY Amplify Ethereum 3% Monthly Option Income ETF	-40.93%	-27.75%
BFAP FT Vest Bitcoin Strategy Floor15 ETF - April	-21.08%	-12.56%

Correlation

The correlation between ETTY and BFAP is 0.89, 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	0.89

Return for Risk

ETTY vs. BFAP — Risk / Return Rank

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

ETTY

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

BFAP

BFAP Risk / Return Rank: 2
BFAP Sharpe Ratio Rank: 1
BFAP Sortino Ratio Rank: 1
BFAP Omega Ratio Rank: 1
BFAP Calmar Ratio Rank: 3
BFAP 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.

ETTY vs. BFAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP). 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	BFAP	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.15	—
Sortino ratio: Return per unit of downside risk	—	-1.57	—
Omega ratio: Gain probability vs. loss probability	—	0.81	—
Calmar ratio: Return relative to maximum drawdown	—	-0.74	—
Martin ratio: Return relative to average drawdown	—	-1.34	—

Drawdowns

ETTY vs. BFAP - Drawdown Comparison

The maximum ETTY drawdown since its inception was -61.36%, which is greater than BFAP's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for ETTY and BFAP.

Drawdown Indicators

	ETTY	BFAP	Difference
Max Drawdown Largest peak-to-trough decline	-61.36%	-33.31%	-28.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.31%	—
Current Drawdown Current decline from peak	-57.36%	-31.41%	-25.95%
Average Drawdown Average peak-to-trough decline	-36.18%	-11.57%	-24.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.27%	—

Volatility

Volatility by Period

	ETTY	BFAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	64.25%	21.43%	+42.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.25%	20.47%	+43.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.25%	20.47%	+43.78%

ETTY vs. BFAP - Expense Ratio Comparison

ETTY has a 0.75% expense ratio, which is lower than BFAP's 0.90% expense ratio.

Dividends

ETTY vs. BFAP - Dividend Comparison

ETTY's dividend yield for the trailing twelve months is around 34.48%, more than BFAP's 24.04% yield.

Position	TTM	2025
BFAP FT Vest Bitcoin Strategy Floor15 ETF - April	24.04%	18.97%
ETTY Amplify Ethereum 3% Monthly Option Income ETF	34.48%	6.26%

Frequently Asked Questions

Can I hold both ETTY and BFAP in my portfolio?

ETTY and BFAP have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETTY or BFAP?

On fees, ETTY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETTY or BFAP?

ETTY is cheaper with a 0.75% expense ratio, compared with 0.90% for BFAP.

Which ETF pays a higher dividend yield, ETTY or BFAP?

ETTY has the higher dividend yield at 34.48%, compared with 24.04% for BFAP.

What is the main difference between ETTY and BFAP?

They also come from different issuers: Amplify and First Trust. Their fees differ too: 0.75% for ETTY and 0.90% for BFAP.