FBY vs. AMDY
Compare and contrast key facts about YieldMax META Option Income ETF (FBY) and YieldMax AMD Option Income Strategy ETF (AMDY).
FBY and AMDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023. AMDY is an actively managed fund by YieldMax. It was launched on Sep 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBY or AMDY.
Key characteristics
| FBY | AMDY | |
|---|---|---|
| YTD Return | 43.20% | -5.16% |
| 1Y Return | 56.26% | 13.04% |
| Sharpe Ratio | 2.28 | 0.32 |
| Sortino Ratio | 2.86 | 0.67 |
| Omega Ratio | 1.44 | 1.09 |
| Calmar Ratio | 3.87 | 0.38 |
| Martin Ratio | 11.35 | 0.75 |
| Ulcer Index | 5.16% | 16.39% |
| Daily Std Dev | 25.66% | 38.43% |
| Max Drawdown | -15.14% | -32.05% |
| Current Drawdown | -0.82% | -22.40% |
Correlation
The correlation between FBY and AMDY is 0.42, 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.
Performance
FBY vs. AMDY - Performance Comparison
In the year-to-date period, FBY achieves a 43.20% return, which is significantly higher than AMDY's -5.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBY vs. AMDY - Expense Ratio Comparison
Both FBY and AMDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
FBY vs. AMDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.
Dividends
FBY vs. AMDY - Dividend Comparison
FBY's dividend yield for the trailing twelve months is around 54.48%, less than AMDY's 82.10% yield.
| TTM | 2023 | |
|---|---|---|
FBY YieldMax META Option Income ETF | 54.48% | 8.31% |
AMDY YieldMax AMD Option Income Strategy ETF | 82.10% | 6.68% |
Drawdowns
FBY vs. AMDY - Drawdown Comparison
The maximum FBY drawdown since its inception was -15.14%, smaller than the maximum AMDY drawdown of -32.05%. Use the drawdown chart below to compare losses from any high point for FBY and AMDY. For additional features, visit the drawdowns tool.
Volatility
FBY vs. AMDY - Volatility Comparison
The current volatility for YieldMax META Option Income ETF (FBY) is 5.53%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 11.65%. This indicates that FBY experiences smaller price fluctuations and is considered to be less risky than AMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.