TLTP vs. YYY
TLTP (Amplify Bloomberg U.S. Treasury Target High Income ETF) and YYY (Amplify CEF High Income ETF) are both exchange-traded funds - TLTP is a Government Bonds fund tracking the Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index, while YYY is a Diversified Portfolio fund tracking the Nasdaq CEF High Income™ Index. Both are passively managed. Over the past year, TLTP returned 6.77% vs 11.25% for YYY. At a 0.24 correlation, their price movements are largely independent. TLTP charges 0.38%/yr vs 3.23%/yr for YYY.
Performance
TLTP vs. YYY - Performance Comparison
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Returns By Period
In the year-to-date period, TLTP achieves a 0.22% return, which is significantly lower than YYY's 3.82% return.
TLTP
- 1D
- -0.27%
- 1M
- 0.71%
- YTD
- 0.22%
- 6M
- -0.63%
- 1Y
- 6.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YYY
- 1D
- -1.31%
- 1M
- -0.45%
- YTD
- 3.82%
- 6M
- 3.82%
- 1Y
- 11.25%
- 3Y*
- 12.56%
- 5Y*
- 2.92%
- 10Y*
- 5.57%
TLTP vs. YYY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TLTP Amplify Bloomberg U.S. Treasury Target High Income ETF | 0.22% | 5.39% | -3.95% |
YYY Amplify CEF High Income ETF | 3.82% | 13.08% | -1.63% |
Correlation
The correlation between TLTP and YYY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024 | 0.24 |
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Return for Risk
TLTP vs. YYY — Risk / Return Rank
TLTP
YYY
TLTP vs. YYY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg U.S. Treasury Target High Income ETF (TLTP) and Amplify CEF High Income ETF (YYY). 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.
| TLTP | YYY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 1.40 | -0.22 |
| Martin ratioReturn relative to average drawdown | 3.19 | 6.19 | -3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TLTP | YYY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 1.32 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.26 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.43 | -0.33 |
Drawdowns
TLTP vs. YYY - Drawdown Comparison
The maximum TLTP drawdown since its inception was -8.54%, smaller than the maximum YYY drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for TLTP and YYY.
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Drawdown Indicators
| TLTP | YYY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.54% | -42.52% | +33.98% |
Max Drawdown (1Y)Largest decline over 1 year | -5.76% | -8.07% | +2.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.92% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.52% | — |
Current DrawdownCurrent decline from peak | -3.18% | -1.90% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -6.84% | +3.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 1.82% | +0.30% |
Volatility
TLTP vs. YYY - Volatility Comparison
Amplify Bloomberg U.S. Treasury Target High Income ETF (TLTP) and Amplify CEF High Income ETF (YYY) have volatilities of 2.40% and 2.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLTP | YYY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 2.46% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.10% | 7.08% | -1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.62% | 8.56% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.84% | 11.36% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.84% | 13.90% | -4.06% |
TLTP vs. YYY - Expense Ratio Comparison
TLTP has a 0.38% expense ratio, which is lower than YYY's 3.23% expense ratio.
Dividends
TLTP vs. YYY - Dividend Comparison
TLTP's dividend yield for the trailing twelve months is around 13.16%, more than YYY's 12.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTP Amplify Bloomberg U.S. Treasury Target High Income ETF | 13.16% | 12.53% | 2.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YYY Amplify CEF High Income ETF | 12.70% | 12.51% | 12.50% | 12.39% | 12.36% | 9.08% | 9.79% | 9.10% | 9.73% | 8.16% | 10.34% | 10.77% |
Frequently Asked Questions
TLTP and YYY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YYY has higher volatility (2.46%) compared to TLTP (2.40%). In terms of maximum drawdown, TLTP dropped -8.54% vs YYY's -42.52%.
On 1-year performance, YYY leads with 11.25% vs 6.77% for TLTP. On fees, TLTP is cheaper at 0.38% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, YYY has performed better with a 11.25% return vs 6.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLTP is cheaper with a 0.38% expense ratio, compared with 3.23% for YYY.
TLTP has the higher dividend yield at 13.16%, compared with 12.70% for YYY.
TLTP is categorized as Government Bonds, while YYY is Diversified Portfolio. TLTP tracks Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index, while YYY tracks Nasdaq CEF High Income™ Index. Their fees differ too: 0.38% for TLTP and 3.23% for YYY.
YYY currently has the higher Sharpe Ratio (1.32 vs 0.89), 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.
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