GTR vs. AMDY

Last updated Jun 5, 2026

GTR (WisdomTree Target Range Fund) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Options Trading funds. Both are actively managed. Over the past year, GTR returned 19.56% vs 228.44% for AMDY. A 0.55 correlation means they provide meaningful diversification when combined. GTR charges 0.70%/yr vs 0.99%/yr for AMDY.

Performance

GTR vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Target Range Fund (GTR) 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, GTR achieves a 8.44% return, which is significantly lower than AMDY's 104.69% return.

GTR

• 1D: 0.28%
• 1M: 2.20%
• YTD: 8.44%
• 6M: 8.61%
• 1Y: 19.56%
• 3Y*: 12.84%
• 5Y*: —
• 10Y*: —

AMDY

• 1D: -2.75%
• 1M: 38.24%
• YTD: 104.69%
• 6M: 106.64%
• 1Y: 228.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTR vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GTR WisdomTree Target Range Fund	8.44%	12.90%	8.41%	6.11%
AMDY YieldMax AMD Option Income Strategy ETF	104.69%	53.93%	-17.00%	26.24%

Correlation

The correlation between GTR and AMDY is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023	0.55

The correlation between GTR and AMDY has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.

Return for Risk

GTR vs. AMDY — Risk / Return Rank

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

GTR

GTR Risk / Return Rank: 66
GTR Sharpe Ratio Rank: 63
GTR Sortino Ratio Rank: 65
GTR Omega Ratio Rank: 63
GTR Calmar Ratio Rank: 67
GTR Martin Ratio Rank: 71

AMDY

AMDY Risk / Return Rank: 93
AMDY Sharpe Ratio Rank: 96
AMDY Sortino Ratio Rank: 92
AMDY Omega Ratio Rank: 92
AMDY Calmar Ratio Rank: 95
AMDY Martin Ratio Rank: 87

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.

GTR vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Target Range Fund (GTR) 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.

	GTR	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	2.08	4.30	-2.22
Sortino ratio: Return per unit of downside risk	2.95	4.40	-1.44
Omega ratio: Gain probability vs. loss probability	1.38	1.61	-0.24
Calmar ratio: Return relative to maximum drawdown	3.29	8.34	-5.05
Martin ratio: Return relative to average drawdown	13.06	18.78	-5.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTR vs. AMDY - Sharpe Ratio Comparison

The current GTR Sharpe Ratio is 2.08, which is lower than the AMDY Sharpe Ratio of 4.30. The chart below compares the historical Sharpe Ratios of GTR 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.

Sharpe Ratios by Period

	GTR	AMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	4.30	-2.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.21	-0.75

Drawdowns

GTR vs. AMDY - Drawdown Comparison

The maximum GTR drawdown since its inception was -21.44%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for GTR and AMDY.

Drawdown Indicators

	GTR	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-21.44%	-53.92%	+32.48%
Max Drawdown (1Y) Largest decline over 1 year	-5.97%	-27.59%	+21.62%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	—	—
Current Drawdown Current decline from peak	-0.13%	-2.75%	+2.62%
Average Drawdown Average peak-to-trough decline	-8.63%	-17.99%	+9.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	12.23%	-10.73%

Volatility

GTR vs. AMDY - Volatility Comparison

The current volatility for WisdomTree Target Range Fund (GTR) is 2.36%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 21.25%. This indicates that GTR 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

	GTR	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	21.25%	-18.89%
Volatility (6M) Calculated over the trailing 6-month period	6.88%	40.07%	-33.19%
Volatility (1Y) Calculated over the trailing 1-year period	9.45%	53.49%	-44.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.86%	46.01%	-35.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.86%	46.01%	-35.15%

GTR vs. AMDY - Expense Ratio Comparison

GTR has a 0.70% expense ratio, which is lower than AMDY's 0.99% expense ratio.

Dividends

GTR vs. AMDY - Dividend Comparison

GTR's dividend yield for the trailing twelve months is around 5.30%, less than AMDY's 59.67% yield.

Position	TTM	2025	2024	2023	2022
AMDY YieldMax AMD Option Income Strategy ETF	59.67%	80.68%	109.98%	6.68%	0.00%
GTR WisdomTree Target Range Fund	5.30%	5.74%	5.30%	2.85%	0.46%

Frequently Asked Questions

Can I hold both GTR and AMDY in my portfolio?

GTR and AMDY have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTR or AMDY?

AMDY has higher volatility (21.25%) compared to GTR (2.36%). In terms of maximum drawdown, GTR dropped -21.44% vs AMDY's -53.92%.

Which ETF is better, GTR or AMDY?

On 1-year performance, AMDY leads with 228.44% vs 19.56% for GTR. On fees, GTR is cheaper at 0.70% per year. On volatility, GTR has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GTR or AMDY?

Over the 1-year period, AMDY has performed better with a 228.44% return vs 19.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTR or AMDY?

GTR is cheaper with a 0.70% expense ratio, compared with 0.99% for AMDY.

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

AMDY has the higher dividend yield at 59.67%, compared with 5.30% for GTR.

What is the main difference between GTR and AMDY?

They also come from different issuers: WisdomTree and YieldMax. Their fees differ too: 0.70% for GTR and 0.99% for AMDY.

Which has better risk-adjusted returns?

AMDY currently has the higher Sharpe Ratio (4.30 vs 2.08), 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.