SOLM vs. BITY
SOLM (Amplify Solana 3% Monthly Option Income ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both Derivative Income funds from Amplify. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. SOLM charges 0.75%/yr vs 0.65%/yr for BITY.
Performance
SOLM vs. BITY - Performance Comparison
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Returns By Period
In the year-to-date period, SOLM achieves a -45.35% return, which is significantly lower than BITY's -23.09% return.
SOLM
- 1D
- -5.48%
- 1M
- -17.98%
- YTD
- -45.35%
- 6M
- -51.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITY
- 1D
- -2.61%
- 1M
- -19.63%
- YTD
- -23.09%
- 6M
- -26.69%
- 1Y
- -37.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOLM vs. BITY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLM Amplify Solana 3% Monthly Option Income ETF | -45.35% | -15.50% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -23.09% | -11.51% |
Correlation
The correlation between SOLM and BITY is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.90 |
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Return for Risk
SOLM vs. BITY — Risk / Return Rank
SOLM
BITY
SOLM vs. BITY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| SOLM | BITY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.94 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.14 | -0.70 | -0.44 |
Drawdowns
SOLM vs. BITY - Drawdown Comparison
The maximum SOLM drawdown since its inception was -57.72%, which is greater than BITY's maximum drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for SOLM and BITY.
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Drawdown Indicators
| SOLM | BITY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.72% | -46.36% | -11.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -46.36% | — |
Current DrawdownCurrent decline from peak | -57.72% | -45.49% | -12.23% |
Average DrawdownAverage peak-to-trough decline | -35.34% | -19.67% | -15.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 26.48% | — |
Volatility
SOLM vs. BITY - Volatility Comparison
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Volatility by Period
| SOLM | BITY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.24% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 65.43% | 39.94% | +25.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.43% | 39.02% | +26.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.43% | 39.02% | +26.41% |
SOLM vs. BITY - Expense Ratio Comparison
SOLM has a 0.75% expense ratio, which is higher than BITY's 0.65% expense ratio.
Dividends
SOLM vs. BITY - Dividend Comparison
SOLM's dividend yield for the trailing twelve months is around 35.68%, less than BITY's 39.66% yield.
| Position | TTM | 2025 |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 39.66% | 21.53% |
SOLM Amplify Solana 3% Monthly Option Income ETF | 35.68% | 6.44% |
Frequently Asked Questions
SOLM and BITY have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BITY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BITY is cheaper with a 0.65% expense ratio, compared with 0.75% for SOLM.
BITY has the higher dividend yield at 39.66%, compared with 35.68% for SOLM.
Their fees differ too: 0.75% for SOLM and 0.65% for BITY.
Find the right allocation for SOLM and BITY
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