GAMR vs. BITY

Last updated Jun 4, 2026

GAMR (Amplify Video Game Leaders ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - GAMR is a Gaming fund tracking the VettaFi Video Game Leaders Index, while BITY is a Derivative Income fund actively managed by Amplify. GAMR is passively managed, while BITY is actively managed. Over the past year, GAMR returned 19.82% vs -37.35% for BITY. At a 0.44 correlation, their price movements are largely independent. GAMR charges 0.59%/yr vs 0.65%/yr for BITY.

Performance

GAMR vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Video Game Leaders ETF (GAMR) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAMR achieves a 3.68% return, which is significantly higher than BITY's -23.09% return.

GAMR

• 1D: -0.83%
• 1M: 13.55%
• YTD: 3.68%
• 6M: 1.71%
• 1Y: 19.82%
• 3Y*: 16.12%
• 5Y*: -0.52%
• 10Y*: 12.82%

BITY

• 1D: -2.61%
• 1M: -19.63%
• YTD: -23.09%
• 6M: -26.69%
• 1Y: -37.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GAMR vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
GAMR Amplify Video Game Leaders ETF	3.68%	33.49%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-23.09%	-8.21%

Correlation

The correlation between GAMR and BITY is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.44

Return for Risk

GAMR vs. BITY — Risk / Return Rank

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

GAMR

GAMR Risk / Return Rank: 21
GAMR Sharpe Ratio Rank: 25
GAMR Sortino Ratio Rank: 24
GAMR Omega Ratio Rank: 25
GAMR Calmar Ratio Rank: 17
GAMR Martin Ratio Rank: 16

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 2
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY 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.

GAMR vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Video Game Leaders ETF (GAMR) 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.

	GAMR	BITY	Difference
Sharpe ratio: Return per unit of total volatility	0.89	-0.94	+1.83
Sortino ratio: Return per unit of downside risk	1.30	-1.30	+2.60
Omega ratio: Gain probability vs. loss probability	1.17	0.85	+0.32
Calmar ratio: Return relative to maximum drawdown	0.68	-0.81	+1.49
Martin ratio: Return relative to average drawdown	1.55	-1.41	+2.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GAMR vs. BITY - Sharpe Ratio Comparison

The current GAMR Sharpe Ratio is 0.89, which is higher than the BITY Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of GAMR and BITY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GAMR	BITY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	-0.94	+1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	-0.70	+1.28

Drawdowns

GAMR vs. BITY - Drawdown Comparison

The maximum GAMR drawdown since its inception was -55.37%, which is greater than BITY's maximum drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for GAMR and BITY.

Drawdown Indicators

	GAMR	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-46.36%	-9.01%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-46.36%	+17.00%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.37%	—	—
Current Drawdown Current decline from peak	-13.61%	-45.49%	+31.88%
Average Drawdown Average peak-to-trough decline	-22.13%	-19.67%	-2.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.82%	26.48%	-13.66%

Volatility

GAMR vs. BITY - Volatility Comparison

The current volatility for Amplify Video Game Leaders ETF (GAMR) is 5.88%, while Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a volatility of 9.68%. This indicates that GAMR experiences smaller price fluctuations and is considered to be less risky than BITY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAMR	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	9.68%	-3.80%
Volatility (6M) Calculated over the trailing 6-month period	17.37%	31.24%	-13.87%
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	39.94%	-17.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.35%	39.02%	-14.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.27%	39.02%	-14.75%

GAMR vs. BITY - Expense Ratio Comparison

GAMR has a 0.59% expense ratio, which is lower than BITY's 0.65% expense ratio.

Dividends

GAMR vs. BITY - Dividend Comparison

GAMR's dividend yield for the trailing twelve months is around 0.50%, less than BITY's 39.66% yield.

Position	TTM	2025	2024
BITY Amplify Bitcoin 2% Monthly Option Income ETF	39.66%	21.53%	0.00%
GAMR Amplify Video Game Leaders ETF	0.50%	0.52%	0.63%

Frequently Asked Questions

Can I hold both GAMR and BITY in my portfolio?

GAMR and BITY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAMR or BITY?

BITY has higher volatility (9.68%) compared to GAMR (5.88%). In terms of maximum drawdown, GAMR dropped -55.37% vs BITY's -46.36%.

Which ETF is better, GAMR or BITY?

On 1-year performance, GAMR leads with 19.82% vs -37.35% for BITY. On fees, GAMR is cheaper at 0.59% per year. On volatility, GAMR has been the lower-risk option at 5.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GAMR or BITY?

Over the 1-year period, GAMR has performed better with a 19.82% return vs -37.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GAMR or BITY?

GAMR is cheaper with a 0.59% expense ratio, compared with 0.65% for BITY.

Which ETF pays a higher dividend yield, GAMR or BITY?

BITY has the higher dividend yield at 39.66%, compared with 0.50% for GAMR.

What is the main difference between GAMR and BITY?

GAMR is categorized as Gaming, while BITY is Derivative Income. Their fees differ too: 0.59% for GAMR and 0.65% for BITY.

Which has better risk-adjusted returns?

GAMR currently has the higher Sharpe Ratio (0.89 vs -0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.