SOLM vs. USOY
SOLM (Amplify Solana 3% Monthly Option Income ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. Their -0.11 correlation means they have often moved in opposite directions in the past. SOLM charges 0.75%/yr vs 1.22%/yr for USOY.
Performance
SOLM vs. USOY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOLM achieves a -47.34% return, which is significantly lower than USOY's 51.25% return.
SOLM
- 1D
- -2.17%
- 1M
- -9.44%
- 6M
- -42.83%
- YTD
- -47.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
USOY
- 1D
- 1.10%
- 1M
- 18.05%
- 6M
- 38.09%
- YTD
- 51.25%
- 1Y
- 41.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.02K | $24.88K | $53.88K | |
| $3.02M | $3.27M | $3.42M |
SOLM vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLM Amplify Solana 3% Monthly Option Income ETF | -47.34% | -19.93% |
USOY Defiance Oil Enhanced Options Income ETF | 51.25% | -1.54% |
Correlation
The correlation between SOLM and USOY is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | -0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOLM vs. USOY — Risk / Return Rank
SOLM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USOY
SOLM vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
| SOLM | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.53 | — |
| Martin ratioReturn relative to average drawdown | — | 4.54 | — |
Loading charts...
Drawdowns
SOLM vs. USOY - Drawdown Comparison
The maximum SOLM drawdown since its inception was -63.44%, which is greater than USOY's maximum drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for SOLM and USOY.
Loading charts...
Drawdown Indicators
| SOLM | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.44% | -25.51% | -37.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.51% | — |
Current DrawdownCurrent decline from peak | -59.27% | -11.50% | -47.77% |
Average DrawdownAverage peak-to-trough decline | -40.22% | -7.16% | -33.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.81% | — |
Volatility
SOLM vs. USOY - Volatility Comparison
Loading charts...
Volatility by Period
| SOLM | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 65.83% | 34.89% | +30.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.83% | 28.20% | +37.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.83% | 28.20% | +37.63% |
SOLM vs. USOY - Expense Ratio Comparison
SOLM has a 0.75% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
SOLM vs. USOY - Dividend Comparison
SOLM's dividend yield for the trailing twelve months is around 45.29%, less than USOY's 56.58% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SOLM Amplify Solana 3% Monthly Option Income ETF | 45.29% | 6.44% | 0.00% |
USOY Defiance Oil Enhanced Options Income ETF | 56.58% | 104.32% | 48.60% |
Frequently Asked Questions
SOLM and USOY have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SOLM is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOLM is cheaper with a 0.75% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 56.58%, compared with 45.29% for SOLM.
They also come from different issuers: Amplify and Defiance. Their fees differ too: 0.75% for SOLM and 1.22% for USOY.
Find the right allocation for SOLM and USOY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer