ETTY vs. BITY
ETTY (Amplify Ethereum 3% Monthly Option Income ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - ETTY 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 0.92 suggests significant overlap in exposure. ETTY charges 0.75%/yr vs 0.65%/yr for BITY.
Performance
ETTY vs. BITY - Performance Comparison
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Returns By Period
In the year-to-date period, ETTY achieves a -40.93% return, which is significantly lower than BITY's -23.61% return.
ETTY
- 1D
- 1.85%
- 1M
- -18.47%
- YTD
- -40.93%
- 6M
- -39.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITY
- 1D
- 2.79%
- 1M
- -14.93%
- YTD
- -23.61%
- 6M
- -24.22%
- 1Y
- -36.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETTY vs. BITY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ETTY Amplify Ethereum 3% Monthly Option Income ETF | -40.93% | -27.75% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -23.61% | -27.84% |
Correlation
The correlation between ETTY and BITY 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. BITY — Risk / Return Rank
ETTY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITY
ETTY vs. BITY - 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 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.
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 | BITY | 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 | — | -0.73 | — |
| Martin ratioReturn relative to average drawdown | — | -1.29 | — |
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Drawdowns
ETTY vs. BITY - Drawdown Comparison
The maximum ETTY drawdown since its inception was -61.36%, which is greater than BITY's maximum drawdown of -50.04%. Use the drawdown chart below to compare losses from any high point for ETTY and BITY.
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Drawdown Indicators
| ETTY | BITY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.36% | -50.04% | -11.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -50.04% | — |
Current DrawdownCurrent decline from peak | -57.36% | -45.85% | -11.51% |
Average DrawdownAverage peak-to-trough decline | -36.18% | -20.74% | -15.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.39% | — |
Volatility
ETTY vs. BITY - Volatility Comparison
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Volatility by Period
| ETTY | BITY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.51% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 64.25% | 40.98% | +23.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.25% | 39.46% | +24.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.25% | 39.46% | +24.79% |
ETTY vs. BITY - Expense Ratio Comparison
ETTY has a 0.75% expense ratio, which is higher than BITY's 0.65% expense ratio.
Dividends
ETTY vs. BITY - Dividend Comparison
ETTY's dividend yield for the trailing twelve months is around 34.48%, less than BITY's 39.92% yield.
| Position | TTM | 2025 |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 39.92% | 21.53% |
ETTY Amplify Ethereum 3% Monthly Option Income ETF | 34.48% | 6.26% |
Frequently Asked Questions
With a correlation of 0.92, ETTY 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.
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.
BITY is cheaper with a 0.65% expense ratio, compared with 0.75% for ETTY.
BITY has the higher dividend yield at 39.92%, compared with 34.48% for ETTY.
ETTY is categorized as Cryptocurrency, while BITY is Derivative Income. Their fees differ too: 0.75% for ETTY and 0.65% for BITY.
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