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

Key characteristics


YBITAMZY
Daily Std Dev43.09%22.09%
Max Drawdown-29.01%-16.41%
Current Drawdown-11.06%-0.78%

Correlation

-0.50.00.51.00.3

The correlation between YBIT and AMZY is 0.34, 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.

Performance

YBIT vs. AMZY - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-1.54%
5.14%
YBIT
AMZY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.


YBIT
Sharpe ratio
No data
AMZY
Sharpe ratio
The chart of Sharpe ratio for AMZY, currently valued at 1.88, compared to the broader market-2.000.002.004.001.88
Sortino ratio
The chart of Sortino ratio for AMZY, currently valued at 2.56, compared to the broader market0.005.0010.002.56
Omega ratio
The chart of Omega ratio for AMZY, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for AMZY, currently valued at 2.52, compared to the broader market0.005.0010.0015.002.52
Martin ratio
The chart of Martin ratio for AMZY, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.008.26

YBIT vs. AMZY - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YBIT vs. AMZY - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 40.97%, more than AMZY's 36.39% yield.


TTM2023
YBIT
YieldMax Bitcoin Option Income Strategy ETF
40.97%0.00%
AMZY
YieldMax AMZN Option Income Strategy ETF
36.39%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
-11.06%
-0.78%
YBIT
AMZY

Volatility

YBIT vs. AMZY - Volatility Comparison

YieldMax Bitcoin Option Income Strategy ETF (YBIT) has a higher volatility of 14.37% compared to YieldMax AMZN Option Income Strategy ETF (AMZY) at 7.65%. 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
14.37%
7.65%
YBIT
AMZY