USD=X vs. AMDY

Last updated Jun 20, 2026

USD=X (USD Cash) is a currency, while AMDY (YieldMax AMD Option Income Strategy ETF) is Options Trading fund actively managed by YieldMax. Over the past year, USD=X returned 0.00% vs 218.08% for AMDY.

Performance

USD=X vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD Cash (USD=X) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USD=X

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.00%
• 5Y*: 0.00%
• 10Y*: 0.00%

AMDY

• 1D: 3.87%
• 1M: 14.85%
• YTD: 107.12%
• 6M: 109.15%
• 1Y: 218.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USD=X vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USD=X USD Cash	0.00%	0.00%	0.00%	0.00%
AMDY YieldMax AMD Option Income Strategy ETF	107.12%	53.93%	-17.00%	25.92%

Return for Risk

USD=X vs. AMDY — Risk / Return Rank

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

USD=X

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

AMDY

AMDY Risk / Return Rank: 92
AMDY Sharpe Ratio Rank: 96
AMDY Sortino Ratio Rank: 91
AMDY Omega Ratio Rank: 91
AMDY Calmar Ratio Rank: 96
AMDY Martin Ratio Rank: 87

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.

USD=X vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.

	USD=X	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	—	3.93	—
Sortino ratio: Return per unit of downside risk	—	4.00	—
Omega ratio: Gain probability vs. loss probability	—	1.56	—
Calmar ratio: Return relative to maximum drawdown	—	7.96	—
Martin ratio: Return relative to average drawdown	—	17.75	—

Drawdowns

USD=X vs. AMDY - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for USD=X and AMDY.

Drawdown Indicators

	USD=X	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-53.92%	+53.92%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-27.59%	+27.59%
Max Drawdown (3Y) Largest decline over 3 years	0.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	0.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	-1.92%	+1.92%
Average Drawdown Average peak-to-trough decline	0.00%	-17.82%	+17.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	12.34%	-12.34%

Volatility

USD=X vs. AMDY - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 21.43%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than AMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USD=X	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	21.43%	-21.43%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	43.65%	-43.65%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	55.92%	-55.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	46.89%	-46.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	46.89%	-46.89%

Frequently Asked Questions

Which is riskier, USD=X or AMDY?

AMDY has higher volatility (21.43%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs AMDY's -53.92%.