THNR vs. BITY

Last updated Aug 4, 2026

THNR (Amplify Weight Loss Drug & Treatment ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - THNR is a Health & Biotech Equities fund tracking the VettaFi Weight Loss Drug & Treatment Index, while BITY is a Derivative Income fund actively managed by Amplify. THNR is passively managed, while BITY is actively managed. Over the past year, THNR returned 13.81% vs -42.71% for BITY. Their 0.24 correlation means their historical movements had little consistent relationship. THNR charges 0.59%/yr vs 0.65%/yr for BITY.

Performance

THNR vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Weight Loss Drug & Treatment ETF (THNR) 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, THNR achieves a 0.29% return, which is significantly higher than BITY's -24.98% return.

THNR

• 1D: -0.40%
• 1M: -4.22%
• 6M: -4.09%
• YTD: 0.29%
• 1Y: 13.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 0.92%

BITY

• 1D: 1.53%
• 1M: 3.66%
• 6M: -17.08%
• YTD: -24.98%
• 1Y: -42.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -25.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BITY Amplify Bitcoin 2% Monthly Option Income ETF	$96.90K	$160.98K	$174.76K
THNR Amplify Weight Loss Drug & Treatment ETF	$30.02K	$44.27K	$50.07K

THNR vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
THNR Amplify Weight Loss Drug & Treatment ETF	0.29%	20.29%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-24.98%	-7.84%

Correlation

The correlation between THNR and BITY is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.24

Return for Risk

THNR vs. BITY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

THNR

THNR Risk / Return Rank: 29
THNR Sharpe Ratio Rank: 29
THNR Sortino Ratio Rank: 29
THNR Omega Ratio Rank: 28
THNR Calmar Ratio Rank: 32
THNR Martin Ratio Rank: 28

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 1
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

THNR vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Weight Loss Drug & Treatment ETF (THNR) 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.

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.

	THNR	BITY	Difference
Sharpe ratio: Return per unit of total volatility	0.73	-1.03	+1.77
Sortino ratio: Return per unit of downside risk	1.19	-1.51	+2.70
Omega ratio: Gain probability vs. loss probability	1.14	0.83	+0.31
Calmar ratio: Return relative to maximum drawdown	1.15	-0.84	+1.99
Martin ratio: Return relative to average drawdown	2.57	-1.31	+3.88

THNR vs. BITY - Sharpe Ratio Comparison

The current THNR Sharpe Ratio is 0.73, which is higher than the BITY Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of THNR 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.

Drawdowns

THNR vs. BITY - Drawdown Comparison

The maximum THNR drawdown since its inception was -32.51%, smaller than the maximum BITY drawdown of -50.87%. Use the drawdown chart below to compare losses from any high point for THNR and BITY.

Drawdown Indicators

	THNR	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-32.51%	-50.87%	+18.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-50.87%	+38.81%
Current Drawdown Current decline from peak	-7.96%	-46.83%	+38.87%
Average Drawdown Average peak-to-trough decline	-11.90%	-23.20%	+11.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	32.67%	-27.28%

Volatility

THNR vs. BITY - Volatility Comparison

The current volatility for Amplify Weight Loss Drug & Treatment ETF (THNR) is 4.17%, while Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a volatility of 9.05%. This indicates that THNR experiences smaller price fluctuations and is considered to be less risky than BITY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THNR	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	9.05%	-4.88%
Volatility (6M) Calculated over the trailing 6-month period	14.06%	31.67%	-17.61%
Volatility (1Y) Calculated over the trailing 1-year period	18.92%	41.56%	-22.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.27%	38.97%	-19.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	38.97%	-19.70%

THNR vs. BITY - Expense Ratio Comparison

THNR has a 0.59% expense ratio, which is lower than BITY's 0.65% expense ratio.

Dividends

THNR vs. BITY - Dividend Comparison

THNR's dividend yield for the trailing twelve months is around 1.63%, less than BITY's 37.11% yield.

Position	TTM	2025	2024
BITY Amplify Bitcoin 2% Monthly Option Income ETF	37.11%	21.53%	0.00%
THNR Amplify Weight Loss Drug & Treatment ETF	1.63%	1.64%	0.98%

Frequently Asked Questions

Can I hold both THNR and BITY in my portfolio?

THNR and BITY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, THNR or BITY?

BITY has higher volatility (9.05%) compared to THNR (4.17%). In terms of maximum drawdown, THNR dropped -32.51% vs BITY's -50.87%.

Which ETF is better, THNR or BITY?

On 1-year performance, THNR leads with 13.81% vs -42.71% for BITY. On fees, THNR is cheaper at 0.59% per year. On volatility, THNR has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, THNR or BITY?

Over the 1-year period, THNR has performed better with a 13.81% return vs -42.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, THNR or BITY?

THNR is cheaper with a 0.59% expense ratio, compared with 0.65% for BITY.

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

BITY has the higher dividend yield at 37.11%, compared with 1.63% for THNR.

What is the main difference between THNR and BITY?

THNR is categorized as Health & Biotech Equities, while BITY is Derivative Income. Their fees differ too: 0.59% for THNR and 0.65% for BITY.

Which has better risk-adjusted returns?

THNR currently has the higher Sharpe Ratio (0.73 vs -1.03), 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.