SLJY vs. CNBS

Last updated Jun 5, 2026

SLJY (Amplify SILJ Covered Call ETF) and CNBS (Amplify Seymour Cannabis ETF) are both exchange-traded funds - SLJY is a Derivative Income fund actively managed by Amplify, while CNBS is a Cannabis fund actively managed by Amplify. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SLJY vs. CNBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify SILJ Covered Call ETF (SLJY) and Amplify Seymour Cannabis ETF (CNBS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLJY achieves a 8.47% return, which is significantly higher than CNBS's 4.70% return.

SLJY

• 1D: 0.70%
• 1M: 4.73%
• YTD: 8.47%
• 6M: 17.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNBS

• 1D: 6.54%
• 1M: 0.77%
• YTD: 4.70%
• 6M: 26.27%
• 1Y: 91.63%
• 3Y*: -0.72%
• 5Y*: -32.48%
• 10Y*: —

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

SLJY vs. CNBS - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	8.47%	43.38%
CNBS Amplify Seymour Cannabis ETF	4.70%	4.73%

Correlation

The correlation between SLJY and CNBS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.21

Return for Risk

SLJY vs. CNBS — Risk / Return Rank

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

CNBS

CNBS Risk / Return Rank: 33
CNBS Sharpe Ratio Rank: 25
CNBS Sortino Ratio Rank: 40
CNBS Omega Ratio Rank: 37
CNBS Calmar Ratio Rank: 37
CNBS Martin Ratio Rank: 25

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.

SLJY vs. CNBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) and Amplify Seymour Cannabis ETF (CNBS). 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.

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

Sharpe Ratios by Period

	SLJY	CNBS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.88	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	-0.39	+1.91

Drawdowns

SLJY vs. CNBS - Drawdown Comparison

The maximum SLJY drawdown since its inception was -30.60%, smaller than the maximum CNBS drawdown of -95.71%. Use the drawdown chart below to compare losses from any high point for SLJY and CNBS.

Drawdown Indicators

	SLJY	CNBS	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-95.71%	+65.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-51.25%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-73.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-93.58%	—
Current Drawdown Current decline from peak	-21.10%	-90.88%	+69.78%
Average Drawdown Average peak-to-trough decline	-9.66%	-71.27%	+61.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.83%	—

Volatility

Volatility by Period

	SLJY	CNBS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	76.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	49.47%	105.28%	-55.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.47%	64.80%	-15.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.47%	61.37%	-11.90%

SLJY vs. CNBS - Expense Ratio Comparison

Both SLJY and CNBS have an expense ratio of 0.75%.

Dividends

SLJY vs. CNBS - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 16.60%, while CNBS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CNBS Amplify Seymour Cannabis ETF	0.00%	0.00%	43.54%	0.00%	0.00%	0.00%	0.58%	0.58%
SLJY Amplify SILJ Covered Call ETF	16.60%	6.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SLJY and CNBS in my portfolio?

SLJY and CNBS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLJY or CNBS?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or CNBS?

SLJY and CNBS have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, SLJY or CNBS?

SLJY has the higher dividend yield at 16.60%, compared with 0.00% for CNBS.

What is the main difference between SLJY and CNBS?

SLJY is categorized as Derivative Income, while CNBS is Cannabis.