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YBIT vs. AMZY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

YBIT vs. AMZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Bitcoin Option Income Strategy ETF (YBIT) and YieldMax AMZN Option Income Strategy ETF (AMZY). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.50%
3.34%
YBIT
AMZY

Returns By Period


YBIT

YTD

N/A

1M

16.15%

6M

4.45%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

AMZY

YTD

28.92%

1M

5.28%

6M

3.29%

1Y

35.31%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YBITAMZY
Daily Std Dev43.35%22.65%
Max Drawdown-29.01%-16.41%
Current Drawdown-1.77%-5.05%

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YBIT vs. AMZY - Expense Ratio Comparison

Both YBIT and AMZY have an expense ratio of 0.99%.


YBIT
YieldMax Bitcoin Option Income Strategy ETF
Expense ratio chart for YBIT: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for AMZY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.3

The correlation between YBIT and AMZY is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

YBIT vs. AMZY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.


Sharpe ratio
No data
YBIT
AMZY

Chart placeholderNot enough data

Dividends

YBIT vs. AMZY - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 37.10%, which matches AMZY's 37.40% yield.


TTM2023
YBIT
YieldMax Bitcoin Option Income Strategy ETF
37.10%0.00%
AMZY
YieldMax AMZN Option Income Strategy ETF
37.40%9.90%

Drawdowns

YBIT vs. AMZY - Drawdown Comparison

The maximum YBIT drawdown since its inception was -29.01%, which is greater than AMZY's maximum drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for YBIT and AMZY. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.77%
-5.05%
YBIT
AMZY

Volatility

YBIT vs. AMZY - Volatility Comparison

YieldMax Bitcoin Option Income Strategy ETF (YBIT) has a higher volatility of 15.12% compared to YieldMax AMZN Option Income Strategy ETF (AMZY) at 9.21%. This indicates that YBIT's price experiences larger fluctuations and is considered to be riskier than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.12%
9.21%
YBIT
AMZY