QDVO vs. BTC-USD
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 23.86% vs -40.89% for BTC-USD. At a 0.34 correlation, their price movements are largely independent.
Performance
QDVO vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, QDVO achieves a 7.53% return, which is significantly higher than BTC-USD's -28.54% return.
QDVO
- 1D
- 0.40%
- 1M
- -0.87%
- YTD
- 7.53%
- 6M
- 7.16%
- 1Y
- 23.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
QDVO vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QDVO Amplify CWP Growth & Income ETF | 7.53% | 20.16% | 11.80% |
BTC-USD Bitcoin | -28.54% | -6.27% | 54.60% |
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 23, 2024 | 0.34 |
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Return for Risk
QDVO vs. BTC-USD — Risk / Return Rank
QDVO
BTC-USD
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.
| QDVO | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +3.99 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.86 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | -0.80 | +3.15 |
| Martin ratioReturn relative to average drawdown | 9.49 | -1.42 | +10.91 |
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
| QDVO | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | -0.95 | +2.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.31 | 1.13 | +0.18 |
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.
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Drawdown Indicators
| QDVO | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.75% | -85.30% | +67.55% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -51.21% | +41.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -51.21% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -2.99% | -49.86% | +46.87% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -42.32% | +39.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 34.46% | -31.94% |
Volatility
QDVO vs. BTC-USD - Volatility Comparison
The current volatility for Amplify CWP Growth & Income ETF (QDVO) is 3.78%, while Bitcoin (BTC-USD) has a volatility of 11.59%. 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.
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Volatility by Period
| QDVO | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 11.59% | -7.81% |
Volatility (6M)Calculated over the trailing 6-month period | 9.27% | 34.53% | -25.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.46% | 35.67% | -23.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 44.95% | -27.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.50% | 56.71% | -39.21% |
Frequently Asked Questions
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.
BTC-USD has higher volatility (11.59%) compared to QDVO (3.78%). In terms of maximum drawdown, QDVO dropped -17.75% vs BTC-USD's -85.30%.
QDVO currently has the higher Sharpe Ratio (1.93 vs -0.95), 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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