QDVO vs. BTC-USD

Last updated Jul 21, 2026

QDVO (Amplify CWP Growth & Income ETF) is Derivative Income fund actively managed by Amplify, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past year, QDVO returned 16.90% vs -44.16% for BTC-USD. At a 0.34 correlation, their price movements are largely independent.

Performance

QDVO vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Growth & Income ETF (QDVO) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDVO achieves a 7.18% return, which is significantly higher than BTC-USD's -25.13% return.

QDVO

• 1D: 0.00%
• 1M: -0.60%
• 6M: 6.85%
• YTD: 7.18%
• 1Y: 16.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.89%

BTC-USD

• 1D: 1.28%
• 1M: 2.00%
• 6M: -29.23%
• YTD: -25.13%
• 1Y: -44.16%
• 3Y*: 29.87%
• 5Y*: 15.31%
• 10Y*: 58.50%
• ALL TIME*: 89.00%

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

QDVO vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QDVO Amplify CWP Growth & Income ETF	7.18%	20.16%	9.76%
BTC-USD Bitcoin	-25.13%	-6.27%	52.63%

Correlation

The correlation between QDVO and BTC-USD is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.34

Return for Risk

QDVO vs. BTC-USD — Risk / Return Rank

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

QDVO

QDVO Risk / Return Rank: 48
QDVO Sharpe Ratio Rank: 50
QDVO Sortino Ratio Rank: 49
QDVO Omega Ratio Rank: 48
QDVO Calmar Ratio Rank: 43
QDVO Martin Ratio Rank: 49

BTC-USD

BTC-USD Risk / Return Rank: 40
BTC-USD Sharpe Ratio Rank: 17
BTC-USD Sortino Ratio Rank: 45
BTC-USD Omega Ratio Rank: 45
BTC-USD Calmar Ratio Rank: 61
BTC-USD Martin Ratio Rank: 30

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.

QDVO vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) and Bitcoin (BTC-USD). 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.

	QDVO	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	1.32	-1.03	+2.34
Sortino ratio: Return per unit of downside risk	1.88	-1.51	+3.39
Omega ratio: Gain probability vs. loss probability	1.23	0.85	+0.39
Calmar ratio: Return relative to maximum drawdown	1.66	-0.83	+2.49
Martin ratio: Return relative to average drawdown	6.16	-1.32	+7.48

QDVO vs. BTC-USD - Sharpe Ratio Comparison

The current QDVO Sharpe Ratio is 1.32, which is higher than the BTC-USD Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of QDVO and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QDVO vs. BTC-USD - Drawdown Comparison

The maximum QDVO drawdown since its inception was -17.75%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for QDVO and BTC-USD.

Drawdown Indicators

	QDVO	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-85.30%	+67.55%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-53.08%	+42.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-3.31%	-47.48%	+44.17%
Average Drawdown Average peak-to-trough decline	-2.43%	-42.61%	+40.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	27.88%	-25.13%

Volatility

QDVO vs. BTC-USD - Volatility Comparison

The current volatility for Amplify CWP Growth & Income ETF (QDVO) is 4.04%, while Bitcoin (BTC-USD) has a volatility of 9.37%. This indicates that QDVO experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDVO	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	9.37%	-5.33%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	34.93%	-24.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.92%	35.76%	-22.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.39%	43.93%	-26.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.39%	56.33%	-38.94%

Frequently Asked Questions

Can I hold both QDVO and BTC-USD in my portfolio?

QDVO and BTC-USD have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDVO or BTC-USD?

BTC-USD has higher volatility (9.37%) compared to QDVO (4.04%). In terms of maximum drawdown, QDVO dropped -17.75% vs BTC-USD's -85.30%.

Which has better risk-adjusted returns?

QDVO currently has the higher Sharpe Ratio (1.32 vs -1.03), 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.