IBUY vs. BAGY

Last updated Jun 4, 2026

IBUY (Amplify Online Retail ETF) and BAGY (Amplify Bitcoin Max Income Covered Call ETF) are both exchange-traded funds - IBUY is a Consumer Discretionary Equities fund tracking the EQM Online Retail Index, while BAGY is a Derivative Income fund actively managed by Amplify. IBUY is passively managed, while BAGY is actively managed. Over the past year, IBUY returned -2.54% vs -37.04% for BAGY. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.65% expense ratio.

Performance

IBUY vs. BAGY - Performance Comparison

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

Returns By Period

In the year-to-date period, IBUY achieves a -10.92% return, which is significantly higher than BAGY's -21.90% return.

IBUY

• 1D: -1.83%
• 1M: -1.00%
• YTD: -10.92%
• 6M: -10.14%
• 1Y: -2.54%
• 3Y*: 15.79%
• 5Y*: -11.36%
• 10Y*: 10.38%

BAGY

• 1D: -2.73%
• 1M: -20.28%
• YTD: -21.90%
• 6M: -24.70%
• 1Y: -37.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBUY vs. BAGY - Yearly Performance Comparison

	2026 (YTD)	2025
IBUY Amplify Online Retail ETF	-10.92%	21.18%
BAGY Amplify Bitcoin Max Income Covered Call ETF	-21.90%	-8.88%

Correlation

The correlation between IBUY and BAGY is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.41

IBUY vs. BAGY - Sectors Allocation Comparison

Sectors	IBUY	BAGY
Consumer Cyclical	71.7%	-
Communication Services	5.8%	-
Technology	5.1%	-
Industrials	5.1%	-
Healthcare	4.7%	-
Financial Services	4.2%	26.5%
Consumer Defensive	2.5%	-
Real Estate	0.8%	-
Basic Materials	-	-
Energy	-	-
Utilities	-	-

Return for Risk

IBUY vs. BAGY — Risk / Return Rank

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

IBUY

IBUY Risk / Return Rank: 7
IBUY Sharpe Ratio Rank: 7
IBUY Sortino Ratio Rank: 7
IBUY Omega Ratio Rank: 7
IBUY Calmar Ratio Rank: 8
IBUY Martin Ratio Rank: 8

BAGY

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

IBUY vs. BAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Online Retail ETF (IBUY) 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.

	IBUY	BAGY	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	-0.89	+0.77
Sortino ratio: Return per unit of downside risk	-0.02	-1.20	+1.18
Omega ratio: Gain probability vs. loss probability	1.00	0.86	+0.14
Calmar ratio: Return relative to maximum drawdown	-0.11	-0.78	+0.67
Martin ratio: Return relative to average drawdown	-0.24	-1.41	+1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBUY vs. BAGY - Sharpe Ratio Comparison

The current IBUY Sharpe Ratio is -0.12, which is higher than the BAGY Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of IBUY and BAGY, 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

	IBUY	BAGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	-0.89	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	-0.66	+1.01

Drawdowns

IBUY vs. BAGY - Drawdown Comparison

The maximum IBUY drawdown since its inception was -73.00%, which is greater than BAGY's maximum drawdown of -47.52%. Use the drawdown chart below to compare losses from any high point for IBUY and BAGY.

Drawdown Indicators

	IBUY	BAGY	Difference
Max Drawdown Largest peak-to-trough decline	-73.00%	-47.52%	-25.48%
Max Drawdown (1Y) Largest decline over 1 year	-23.23%	-47.52%	+24.29%
Max Drawdown (3Y) Largest decline over 3 years	-28.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-71.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.00%	—	—
Current Drawdown Current decline from peak	-52.29%	-45.06%	-7.23%
Average Drawdown Average peak-to-trough decline	-29.65%	-19.61%	-10.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.50%	26.28%	-15.78%

Volatility

IBUY vs. BAGY - Volatility Comparison

The current volatility for Amplify Online Retail ETF (IBUY) is 5.60%, while Amplify Bitcoin Max Income Covered Call ETF (BAGY) has a volatility of 9.89%. This indicates that IBUY experiences smaller price fluctuations and is considered to be less risky than BAGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBUY	BAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	9.89%	-4.29%
Volatility (6M) Calculated over the trailing 6-month period	15.70%	33.39%	-17.69%
Volatility (1Y) Calculated over the trailing 1-year period	21.51%	41.93%	-20.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.07%	40.86%	-8.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.16%	40.86%	-11.70%

IBUY vs. BAGY - Expense Ratio Comparison

Both IBUY and BAGY have an expense ratio of 0.65%.

Dividends

IBUY vs. BAGY - Dividend Comparison

IBUY's dividend yield for the trailing twelve months is around 0.12%, less than BAGY's 58.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BAGY Amplify Bitcoin Max Income Covered Call ETF	58.25%	30.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBUY Amplify Online Retail ETF	0.12%	0.11%	0.00%	0.00%	0.00%	0.00%	0.54%	0.29%

Frequently Asked Questions

Can I hold both IBUY and BAGY in my portfolio?

IBUY and BAGY have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBUY or BAGY?

BAGY has higher volatility (9.89%) compared to IBUY (5.60%). In terms of maximum drawdown, IBUY dropped -73.00% vs BAGY's -47.52%.

Which ETF is better, IBUY or BAGY?

On 1-year performance, IBUY leads with -2.54% vs -37.04% for BAGY. Both ETFs have the same 0.65% expense ratio. On volatility, IBUY has been the lower-risk option at 5.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBUY or BAGY?

Over the 1-year period, IBUY has performed better with a -2.54% return vs -37.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBUY or BAGY?

IBUY and BAGY have the same expense ratio: 0.65% per year.

Which ETF pays a higher dividend yield, IBUY or BAGY?

BAGY has the higher dividend yield at 58.25%, compared with 0.12% for IBUY.

What is the main difference between IBUY and BAGY?

IBUY is categorized as Consumer Discretionary Equities, while BAGY is Derivative Income.

Which has better risk-adjusted returns?

IBUY currently has the higher Sharpe Ratio (-0.12 vs -0.89), 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.