GPTY vs. AMDY

Last updated Jul 17, 2026

GPTY (YieldMax AI & Tech Portfolio Option Income ETF) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GPTY returned 25.58% vs 156.26% for AMDY. A 0.68 correlation means they provide meaningful diversification when combined. GPTY charges 0.99%/yr vs 1.23%/yr for AMDY.

Performance

GPTY vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AI & Tech Portfolio Option Income ETF (GPTY) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPTY achieves a 19.07% return, which is significantly lower than AMDY's 97.19% return.

GPTY

• 1D: -3.10%
• 1M: -8.33%
• 6M: 16.85%
• YTD: 19.07%
• 1Y: 25.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDY

• 1D: -5.15%
• 1M: -0.14%
• 6M: 92.76%
• YTD: 97.19%
• 1Y: 156.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GPTY vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025
GPTY YieldMax AI & Tech Portfolio Option Income ETF	19.07%	17.77%
AMDY YieldMax AMD Option Income Strategy ETF	97.19%	52.87%

Correlation

The correlation between GPTY and AMDY is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.68

The correlation between GPTY and AMDY has been stable across timeframes, ranging from 0.65 to 0.68 - a consistent structural relationship.

Return for Risk

GPTY vs. AMDY — Risk / Return Rank

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

GPTY

GPTY Risk / Return Rank: 31
GPTY Sharpe Ratio Rank: 32
GPTY Sortino Ratio Rank: 31
GPTY Omega Ratio Rank: 31
GPTY Calmar Ratio Rank: 32
GPTY Martin Ratio Rank: 29

AMDY

AMDY Risk / Return Rank: 89
AMDY Sharpe Ratio Rank: 94
AMDY Sortino Ratio Rank: 87
AMDY Omega Ratio Rank: 87
AMDY Calmar Ratio Rank: 94
AMDY Martin Ratio Rank: 82

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.

GPTY vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) 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.

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.

	GPTY	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	0.97	2.73	-1.77
Sortino ratio: Return per unit of downside risk	1.43	3.20	-1.77
Omega ratio: Gain probability vs. loss probability	1.18	1.43	-0.25
Calmar ratio: Return relative to maximum drawdown	1.33	5.70	-4.37
Martin ratio: Return relative to average drawdown	3.30	12.64	-9.34

GPTY vs. AMDY - Sharpe Ratio Comparison

The current GPTY Sharpe Ratio is 0.97, which is lower than the AMDY Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GPTY and AMDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GPTY vs. AMDY - Drawdown Comparison

The maximum GPTY drawdown since its inception was -26.62%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for GPTY and AMDY.

Drawdown Indicators

	GPTY	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-26.62%	-53.92%	+27.30%
Max Drawdown (1Y) Largest decline over 1 year	-19.32%	-27.59%	+8.27%
Current Drawdown Current decline from peak	-13.92%	-11.44%	-2.48%
Average Drawdown Average peak-to-trough decline	-6.63%	-17.49%	+10.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.77%	12.42%	-4.65%

Volatility

GPTY vs. AMDY - Volatility Comparison

The current volatility for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) is 8.79%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 17.85%. This indicates that GPTY 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.

Volatility by Period

	GPTY	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	17.85%	-9.06%
Volatility (6M) Calculated over the trailing 6-month period	21.74%	45.40%	-23.66%
Volatility (1Y) Calculated over the trailing 1-year period	26.51%	57.53%	-31.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.74%	47.23%	-17.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.74%	47.23%	-17.49%

GPTY vs. AMDY - Expense Ratio Comparison

GPTY has a 0.99% expense ratio, which is lower than AMDY's 1.23% expense ratio.

Dividends

GPTY vs. AMDY - Dividend Comparison

GPTY's dividend yield for the trailing twelve months is around 39.37%, less than AMDY's 73.90% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	73.90%	80.68%	109.98%	6.68%
GPTY YieldMax AI & Tech Portfolio Option Income ETF	39.37%	34.23%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GPTY and AMDY in my portfolio?

GPTY and AMDY have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPTY or AMDY?

AMDY has higher volatility (17.85%) compared to GPTY (8.79%). In terms of maximum drawdown, GPTY dropped -26.62% vs AMDY's -53.92%.

Which ETF is better, GPTY or AMDY?

On 1-year performance, AMDY leads with 156.26% vs 25.58% for GPTY. On fees, GPTY is cheaper at 0.99% per year. On volatility, GPTY has been the lower-risk option at 8.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GPTY or AMDY?

Over the 1-year period, AMDY has performed better with a 156.26% return vs 25.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GPTY or AMDY?

GPTY is cheaper with a 0.99% expense ratio, compared with 1.23% for AMDY.

Which ETF pays a higher dividend yield, GPTY or AMDY?

AMDY has the higher dividend yield at 73.90%, compared with 39.37% for GPTY.

What is the main difference between GPTY and AMDY?

They also come from different issuers: YieldMax and YieldMax ETFs. Their fees differ too: 0.99% for GPTY and 1.23% for AMDY.

Which has better risk-adjusted returns?

AMDY currently has the higher Sharpe Ratio (2.73 vs 0.97), 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.