IDVY vs. AMDY

Last updated Jun 4, 2026

IDVY (First Trust International Rising Dividend Achievers ETF) and AMDY (YieldMax AMD Option Income Strategy ETF) are both exchange-traded funds - IDVY is a Dividend fund tracking the Nasdaq International Rising Dividend Achievers Index, while AMDY is a Options Trading fund actively managed by YieldMax. IDVY is passively managed, while AMDY is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. IDVY charges 0.60%/yr vs 0.99%/yr for AMDY.

Performance

IDVY vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust International Rising Dividend Achievers ETF (IDVY) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IDVY

• 1D: -0.57%
• 1M: 3.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 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)

IDVY vs. AMDY - Yearly Performance Comparison

	2026 (YTD)
IDVY First Trust International Rising Dividend Achievers ETF	0.47%
AMDY YieldMax AMD Option Income Strategy ETF	120.08%

Correlation

The correlation between IDVY and AMDY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 12, 2026	0.55

Return for Risk

IDVY vs. AMDY — Risk / Return Rank

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

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.

IDVY vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust International Rising Dividend Achievers ETF (IDVY) 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.

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

Sharpe Ratios by Period

	IDVY	AMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	1.21	-1.15

Drawdowns

IDVY vs. AMDY - Drawdown Comparison

The maximum IDVY drawdown since its inception was -13.52%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for IDVY and AMDY.

Drawdown Indicators

	IDVY	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-53.92%	+40.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.59%	—
Current Drawdown Current decline from peak	-1.79%	-2.75%	+0.96%
Average Drawdown Average peak-to-trough decline	-4.66%	-17.99%	+13.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.23%	—

Volatility

Volatility by Period

	IDVY	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.41%	53.49%	-27.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.41%	46.01%	-19.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.41%	46.01%	-19.60%

IDVY vs. AMDY - Expense Ratio Comparison

IDVY has a 0.60% expense ratio, which is lower than AMDY's 0.99% expense ratio.

Dividends

IDVY vs. AMDY - Dividend Comparison

IDVY has not paid dividends to shareholders, while AMDY's dividend yield for the trailing twelve months is around 59.67%.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	59.67%	80.68%	109.98%	6.68%
IDVY First Trust International Rising Dividend Achievers ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVY and AMDY in my portfolio?

IDVY and AMDY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVY or AMDY?

On fees, IDVY is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY or AMDY?

IDVY is cheaper with a 0.60% expense ratio, compared with 0.99% for AMDY.

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

AMDY has the higher dividend yield at 59.67%, compared with 0.00% for IDVY.

What is the main difference between IDVY and AMDY?

IDVY is categorized as Dividend, while AMDY is Options Trading. They also come from different issuers: First Trust and YieldMax. Their fees differ too: 0.60% for IDVY and 0.99% for AMDY.