MBNE vs. ETTY

Last updated Jun 24, 2026

MBNE (SPDR Nuveen Municipal Bond ESG ETF) and ETTY (Amplify Ethereum 3% Monthly Option Income ETF) are both exchange-traded funds - MBNE is a Municipal Bonds fund actively managed by State Street, while ETTY is a Cryptocurrency fund actively managed by Amplify. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. MBNE charges 0.43%/yr vs 0.75%/yr for ETTY.

Performance

MBNE vs. ETTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Nuveen Municipal Bond ESG ETF (MBNE) and Amplify Ethereum 3% Monthly Option Income ETF (ETTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MBNE achieves a 0.84% return, which is significantly higher than ETTY's -43.72% return.

MBNE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.84%
• 6M: 1.14%
• 1Y: 4.39%
• 3Y*: 2.76%
• 5Y*: —
• 10Y*: —

ETTY

• 1D: -4.71%
• 1M: -22.31%
• YTD: -43.72%
• 6M: -41.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MBNE vs. ETTY - Yearly Performance Comparison

	2026 (YTD)	2025
MBNE SPDR Nuveen Municipal Bond ESG ETF	0.84%	0.74%
ETTY Amplify Ethereum 3% Monthly Option Income ETF	-43.72%	-27.75%

Correlation

The correlation between MBNE and ETTY is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	-0.00

Return for Risk

MBNE vs. ETTY — Risk / Return Rank

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

MBNE

MBNE Risk / Return Rank: 53
MBNE Sharpe Ratio Rank: 53
MBNE Sortino Ratio Rank: 52
MBNE Omega Ratio Rank: 68
MBNE Calmar Ratio Rank: 48
MBNE Martin Ratio Rank: 42

ETTY

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

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.

MBNE vs. ETTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Nuveen Municipal Bond ESG ETF (MBNE) and Amplify Ethereum 3% Monthly Option Income ETF (ETTY). 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.

	MBNE	ETTY	Difference
Sharpe ratio: Return per unit of total volatility	1.66	—	—
Sortino ratio: Return per unit of downside risk	2.31	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.19	—	—
Martin ratio: Return relative to average drawdown	6.34	—	—

Drawdowns

MBNE vs. ETTY - Drawdown Comparison

The maximum MBNE drawdown since its inception was -6.19%, smaller than the maximum ETTY drawdown of -61.36%. Use the drawdown chart below to compare losses from any high point for MBNE and ETTY.

Drawdown Indicators

	MBNE	ETTY	Difference
Max Drawdown Largest peak-to-trough decline	-6.19%	-61.36%	+55.17%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.98%	—	—
Current Drawdown Current decline from peak	-1.04%	-59.37%	+58.33%
Average Drawdown Average peak-to-trough decline	-1.40%	-36.31%	+34.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	—	—

Volatility

Volatility by Period

	MBNE	ETTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.66%	64.27%	-61.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.67%	64.27%	-60.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.67%	64.27%	-60.60%

MBNE vs. ETTY - Expense Ratio Comparison

MBNE has a 0.43% expense ratio, which is lower than ETTY's 0.75% expense ratio.

Dividends

MBNE vs. ETTY - Dividend Comparison

MBNE's dividend yield for the trailing twelve months is around 3.15%, less than ETTY's 36.18% yield.

Position	TTM	2025	2024	2023	2022
ETTY Amplify Ethereum 3% Monthly Option Income ETF	36.18%	6.26%	0.00%	0.00%	0.00%
MBNE SPDR Nuveen Municipal Bond ESG ETF	3.15%	3.63%	3.32%	3.01%	1.81%

Frequently Asked Questions

Can I hold both MBNE and ETTY in my portfolio?

MBNE and ETTY have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MBNE or ETTY?

On fees, MBNE is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MBNE or ETTY?

MBNE is cheaper with a 0.43% expense ratio, compared with 0.75% for ETTY.

Which ETF pays a higher dividend yield, MBNE or ETTY?

ETTY has the higher dividend yield at 36.18%, compared with 3.15% for MBNE.

What is the main difference between MBNE and ETTY?

MBNE is categorized as Municipal Bonds, while ETTY is Cryptocurrency. They also come from different issuers: State Street and Amplify. Their fees differ too: 0.43% for MBNE and 0.75% for ETTY.