SILJ vs. BITY

Last updated Jun 4, 2026

SILJ (Amplify Junior Silver Miners ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - SILJ is a Silver fund tracking the Nasdaq Junior Silver Miners Index, while BITY is a Derivative Income fund actively managed by Amplify. SILJ is passively managed, while BITY is actively managed. Over the past year, SILJ returned 111.95% vs -37.35% for BITY. At a 0.25 correlation, their price movements are largely independent. SILJ charges 0.69%/yr vs 0.65%/yr for BITY.

Performance

SILJ vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Junior Silver Miners ETF (SILJ) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SILJ achieves a 6.61% return, which is significantly higher than BITY's -23.09% return.

SILJ

• 1D: -5.24%
• 1M: 2.57%
• YTD: 6.61%
• 6M: 16.40%
• 1Y: 111.95%
• 3Y*: 47.77%
• 5Y*: 13.13%
• 10Y*: 10.08%

BITY

• 1D: -2.61%
• 1M: -19.63%
• YTD: -23.09%
• 6M: -26.69%
• 1Y: -37.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SILJ vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
SILJ Amplify Junior Silver Miners ETF	6.61%	131.07%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-23.09%	-8.21%

Correlation

The correlation between SILJ and BITY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.25

Return for Risk

SILJ vs. BITY — Risk / Return Rank

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

SILJ

SILJ Risk / Return Rank: 54
SILJ Sharpe Ratio Rank: 59
SILJ Sortino Ratio Rank: 46
SILJ Omega Ratio Rank: 51
SILJ Calmar Ratio Rank: 64
SILJ Martin Ratio Rank: 47

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 2
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY Martin Ratio Rank: 2

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.

SILJ vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Junior Silver Miners ETF (SILJ) 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.

	SILJ	BITY	Difference
Sharpe ratio Return per unit of total volatility	2.05	-0.94	+2.99
Sortino ratio Return per unit of downside risk	2.35	-1.30	+3.65
Omega ratio Gain probability vs. loss probability	1.32	0.85	+0.47
Calmar ratio Return relative to maximum drawdown	3.24	-0.81	+4.05
Martin ratio Return relative to average drawdown	7.99	-1.41	+9.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SILJ vs. BITY - Sharpe Ratio Comparison

The current SILJ Sharpe Ratio is 2.05, which is higher than the BITY Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of SILJ and BITY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SILJ	BITY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	-0.94	+2.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.70	+0.79

Drawdowns

SILJ vs. BITY - Drawdown Comparison

The maximum SILJ drawdown since its inception was -79.04%, which is greater than BITY's maximum drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for SILJ and BITY.

Drawdown Indicators

	SILJ	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	-46.36%	-32.68%
Max Drawdown (1Y) Largest decline over 1 year	-34.71%	-46.36%	+11.65%
Max Drawdown (3Y) Largest decline over 3 years	-34.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-55.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.06%	—	—
Current Drawdown Current decline from peak	-26.80%	-45.49%	+18.69%
Average Drawdown Average peak-to-trough decline	-41.43%	-19.67%	-21.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	26.48%	-12.42%

Volatility

SILJ vs. BITY - Volatility Comparison

Amplify Junior Silver Miners ETF (SILJ) has a higher volatility of 18.69% compared to Amplify Bitcoin 2% Monthly Option Income ETF (BITY) at 9.68%. This indicates that SILJ's price experiences larger fluctuations and is considered to be riskier than BITY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SILJ	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.69%	9.68%	+9.01%
Volatility (6M) Calculated over the trailing 6-month period	45.24%	31.24%	+14.00%
Volatility (1Y) Calculated over the trailing 1-year period	54.90%	39.94%	+14.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.35%	39.02%	+5.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.24%	39.02%	+7.22%

SILJ vs. BITY - Expense Ratio Comparison

SILJ has a 0.69% expense ratio, which is higher than BITY's 0.65% expense ratio.

Dividends

SILJ vs. BITY - Dividend Comparison

SILJ's dividend yield for the trailing twelve months is around 1.88%, 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%
SILJ Amplify Junior Silver Miners ETF	1.88%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both SILJ and BITY in my portfolio?

SILJ and BITY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SILJ or BITY?

SILJ has higher volatility (18.69%) compared to BITY (9.68%). In terms of maximum drawdown, SILJ dropped -79.04% vs BITY's -46.36%.

Which ETF is better, SILJ or BITY?

On 1-year performance, SILJ leads with 111.95% vs -37.35% for BITY. On fees, BITY is cheaper at 0.65% per year. On volatility, BITY has been the lower-risk option at 9.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SILJ or BITY?

Over the 1-year period, SILJ has performed better with a 111.95% return vs -37.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SILJ or BITY?

BITY is cheaper with a 0.65% expense ratio, compared with 0.69% for SILJ.

Which ETF pays a higher dividend yield, SILJ or BITY?

BITY has the higher dividend yield at 39.66%, compared with 1.88% for SILJ.

What is the main difference between SILJ and BITY?

SILJ is categorized as Silver, while BITY is Derivative Income. Their fees differ too: 0.69% for SILJ and 0.65% for BITY.

Which has better risk-adjusted returns?

SILJ currently has the higher Sharpe Ratio (2.05 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.