KSA vs. BITY
KSA (iShares MSCI Saudi Arabia ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - KSA is a Emerging Markets Equities fund tracking the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index, while BITY is a Derivative Income fund actively managed by Amplify. KSA is passively managed, while BITY is actively managed. Over the past year, KSA returned 3.56% vs -37.35% for BITY. At a 0.23 correlation, their price movements are largely independent. KSA charges 0.74%/yr vs 0.65%/yr for BITY.
Performance
KSA vs. BITY - Performance Comparison
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Returns By Period
In the year-to-date period, KSA achieves a 4.97% return, which is significantly higher than BITY's -23.09% return.
KSA
- 1D
- -1.27%
- 1M
- -1.32%
- YTD
- 4.97%
- 6M
- 4.43%
- 1Y
- 3.56%
- 3Y*
- 0.52%
- 5Y*
- 1.95%
- 10Y*
- 7.46%
BITY
- 1D
- -2.61%
- 1M
- -19.63%
- YTD
- -23.09%
- 6M
- -26.69%
- 1Y
- -37.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KSA vs. BITY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KSA iShares MSCI Saudi Arabia ETF | 4.97% | -7.98% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -23.09% | -8.21% |
Correlation
The correlation between KSA and BITY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025 | 0.23 |
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Return for Risk
KSA vs. BITY — Risk / Return Rank
KSA
BITY
KSA vs. BITY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia ETF (KSA) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). 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.
| KSA | BITY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.85 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.81 | +1.12 |
| Martin ratioReturn relative to average drawdown | 0.69 | -1.41 | +2.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KSA | BITY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | -0.94 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.70 | +1.01 |
Drawdowns
KSA vs. BITY - Drawdown Comparison
The maximum KSA drawdown since its inception was -40.56%, smaller than the maximum BITY drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for KSA and BITY.
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Drawdown Indicators
| KSA | BITY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -46.36% | +5.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -46.36% | +34.74% |
Max Drawdown (3Y)Largest decline over 3 years | -15.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | — | — |
Current DrawdownCurrent decline from peak | -16.69% | -45.49% | +28.80% |
Average DrawdownAverage peak-to-trough decline | -11.43% | -19.67% | +8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 26.48% | -21.30% |
Volatility
KSA vs. BITY - Volatility Comparison
The current volatility for iShares MSCI Saudi Arabia ETF (KSA) is 3.70%, while Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a volatility of 9.68%. This indicates that KSA experiences smaller price fluctuations and is considered to be less risky than BITY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KSA | BITY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.70% | 9.68% | -5.98% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 31.24% | -19.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 39.94% | -23.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 39.02% | -23.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.04% | 39.02% | -18.98% |
KSA vs. BITY - Expense Ratio Comparison
KSA has a 0.74% expense ratio, which is higher than BITY's 0.65% expense ratio.
Dividends
KSA vs. BITY - Dividend Comparison
KSA's dividend yield for the trailing twelve months is around 2.81%, less than BITY's 39.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 39.66% | 21.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KSA iShares MSCI Saudi Arabia ETF | 2.81% | 2.95% | 3.44% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.05% | 0.04% |
Frequently Asked Questions
KSA and BITY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITY has higher volatility (9.68%) compared to KSA (3.70%). In terms of maximum drawdown, KSA dropped -40.56% vs BITY's -46.36%.
On 1-year performance, KSA leads with 3.56% vs -37.35% for BITY. On fees, BITY is cheaper at 0.65% per year. On volatility, KSA has been the lower-risk option at 3.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KSA has performed better with a 3.56% return vs -37.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BITY is cheaper with a 0.65% expense ratio, compared with 0.74% for KSA.
BITY has the higher dividend yield at 39.66%, compared with 2.81% for KSA.
KSA is categorized as Emerging Markets Equities, while BITY is Derivative Income. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.74% for KSA and 0.65% for BITY.
KSA currently has the higher Sharpe Ratio (0.21 vs -0.94), 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.
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