GERM vs. BAGY

Last updated Apr 1, 2026

Compare and contrast key facts about Amplify Treatments, Testing and Advancements ETF (GERM) and Amplify Bitcoin Max Income Covered Call ETF (BAGY).

GERM and BAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GERM is a passively managed fund by Amplify that tracks the performance of the Prime Treatments, Testing and Advancements Index. It was launched on Jun 17, 2020. BAGY is an actively managed fund by Amplify. It was launched on Apr 28, 2025.

Performance

GERM vs. BAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Treatments, Testing and Advancements ETF (GERM) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). The values are adjusted to include any dividend payments, if applicable.

GERM vs. BAGY - Yearly Performance Comparison

	2026 (YTD)	2025
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%
BAGY Amplify Bitcoin Max Income Covered Call ETF	-16.21%	-8.88%

Returns By Period

GERM

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAGY

• 1D: 1.99%
• 1M: 6.25%
• YTD: -16.21%
• 6M: -38.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GERM vs. BAGY - Expense Ratio Comparison

GERM has a 0.68% expense ratio, which is higher than BAGY's 0.65% expense ratio.

GERM

Amplify Treatments, Testing and Advancements ETF

BAGY

Amplify Bitcoin Max Income Covered Call ETF

Return for Risk

GERM vs. BAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Treatments, Testing and Advancements ETF (GERM) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). 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.

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

Sharpe Ratios by Period

	GERM	BAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.61	—

Dividends

GERM vs. BAGY - Dividend Comparison

GERM has not paid dividends to shareholders, while BAGY's dividend yield for the trailing twelve months is around 50.51%.

	TTM	2025
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%
BAGY Amplify Bitcoin Max Income Covered Call ETF	50.51%	30.16%

Drawdowns

GERM vs. BAGY - Drawdown Comparison

The maximum GERM drawdown since its inception was 0.00%, smaller than the maximum BAGY drawdown of -47.52%. Use the drawdown chart below to compare losses from any high point for GERM and BAGY.

Drawdown Indicators

	GERM	BAGY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-47.52%	+47.52%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	-41.05%	+41.05%
Average Drawdown Average peak-to-trough decline	0.00%	-16.66%	+16.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	—	—

Volatility

Volatility by Period

	GERM	BAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	42.14%	-42.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	42.14%	-42.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	42.14%	-42.14%