GDXY vs. AMZY
Compare and contrast key facts about YieldMax Gold Miners Option Income Strategy ETF (GDXY) and YieldMax AMZN Option Income Strategy ETF (AMZY).
GDXY and AMZY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDXY is managed by YieldMax. It was launched on May 20, 2024. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDXY or AMZY.
Correlation
The correlation between GDXY and AMZY is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GDXY vs. AMZY - Performance Comparison
Key characteristics
GDXY:
22.85%
AMZY:
22.34%
GDXY:
-17.83%
AMZY:
-16.41%
GDXY:
-2.70%
AMZY:
-3.81%
Returns By Period
In the year-to-date period, GDXY achieves a 17.10% return, which is significantly higher than AMZY's 4.88% return.
GDXY
17.10%
9.75%
1.98%
N/A
N/A
N/A
AMZY
4.88%
2.25%
19.95%
30.68%
N/A
N/A
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GDXY vs. AMZY - Expense Ratio Comparison
Both GDXY and AMZY have an expense ratio of 0.99%.
Risk-Adjusted Performance
GDXY vs. AMZY — Risk-Adjusted Performance Rank
GDXY
AMZY
GDXY vs. AMZY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Gold Miners Option Income Strategy ETF (GDXY) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.
Not enough dataDividends
GDXY vs. AMZY - Dividend Comparison
GDXY's dividend yield for the trailing twelve months is around 27.71%, less than AMZY's 47.47% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 27.71% | 23.91% | 0.00% |
AMZY YieldMax AMZN Option Income Strategy ETF | 47.47% | 47.91% | 9.90% |
Drawdowns
GDXY vs. AMZY - Drawdown Comparison
The maximum GDXY drawdown since its inception was -17.83%, which is greater than AMZY's maximum drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for GDXY and AMZY. For additional features, visit the drawdowns tool.
Volatility
GDXY vs. AMZY - Volatility Comparison
YieldMax Gold Miners Option Income Strategy ETF (GDXY) and YieldMax AMZN Option Income Strategy ETF (AMZY) have volatilities of 5.34% and 5.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.