YYY vs. BITO

Last updated Jun 13, 2026

YYY (Amplify CEF High Income ETF) and BITO (ProShares Bitcoin Strategy ETF) are both exchange-traded funds - YYY is a Diversified Portfolio fund tracking the Nasdaq CEF High Income™ Index, while BITO is a Cryptocurrency fund actively managed by ProShares. YYY is passively managed, while BITO is actively managed. Over the past 3 years, YYY returned 12.43%/yr vs 26.35%/yr for BITO. At a 0.33 correlation, their price movements are largely independent. YYY charges 3.23%/yr vs 0.95%/yr for BITO.

Performance

YYY vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CEF High Income ETF (YYY) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YYY achieves a 4.19% return, which is significantly higher than BITO's -28.44% return.

YYY

• 1D: 0.62%
• 1M: -0.53%
• YTD: 4.19%
• 6M: 5.00%
• 1Y: 10.50%
• 3Y*: 12.43%
• 5Y*: 2.81%
• 10Y*: 5.68%

BITO

• 1D: 0.12%
• 1M: -20.38%
• YTD: -28.44%
• 6M: -30.74%
• 1Y: -42.91%
• 3Y*: 26.35%
• 5Y*: —
• 10Y*: —

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

YYY vs. BITO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
YYY Amplify CEF High Income ETF	4.19%	13.08%	11.86%	12.98%	-21.78%	-0.47%
BITO ProShares Bitcoin Strategy ETF	-28.44%	-11.19%	104.45%	137.33%	-63.91%	-29.31%

Correlation

The correlation between YYY and BITO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021	0.33

The correlation between YYY and BITO shifts across timeframes, from 0.28 (3 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.

YYY vs. BITO - Sectors Allocation Comparison

Sectors	YYY	BITO
Financial Services	24.6%	64.9%
Healthcare	17.1%	-
Energy	13.1%	-
Real Estate	12.5%	-
Technology	10.2%	-
Utilities	7.8%	-
Industrials	5.1%	-
Communication Services	3.3%	-
Consumer Cyclical	3.2%	-
Consumer Defensive	1.8%	-
Basic Materials	1.3%	-

Return for Risk

YYY vs. BITO — Risk / Return Rank

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

YYY

YYY Risk / Return Rank: 37
YYY Sharpe Ratio Rank: 39
YYY Sortino Ratio Rank: 37
YYY Omega Ratio Rank: 39
YYY Calmar Ratio Rank: 30
YYY Martin Ratio Rank: 40

BITO

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

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.

YYY vs. BITO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CEF High Income ETF (YYY) and ProShares Bitcoin Strategy ETF (BITO). 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.

	YYY	BITO	Difference
Sharpe ratio: Return per unit of total volatility	1.21	-0.98	+2.19
Sortino ratio: Return per unit of downside risk	1.75	-1.43	+3.17
Omega ratio: Gain probability vs. loss probability	1.23	0.84	+0.39
Calmar ratio: Return relative to maximum drawdown	1.31	-0.81	+2.12
Martin ratio: Return relative to average drawdown	5.65	-1.42	+7.06

YYY vs. BITO - Sharpe Ratio Comparison

The current YYY Sharpe Ratio is 1.21, which is higher than the BITO Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of YYY and BITO, 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

YYY vs. BITO - Drawdown Comparison

The maximum YYY drawdown since its inception was -42.52%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for YYY and BITO.

Drawdown Indicators

	YYY	BITO	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-77.86%	+35.34%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-53.10%	+45.03%
Max Drawdown (3Y) Largest decline over 3 years	-13.47%	-53.10%	+39.63%
Max Drawdown (5Y) Largest decline over 5 years	-27.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.52%	—	—
Current Drawdown Current decline from peak	-1.56%	-50.64%	+49.08%
Average Drawdown Average peak-to-trough decline	-6.83%	-36.79%	+29.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	30.32%	-28.45%

Volatility

YYY vs. BITO - Volatility Comparison

The current volatility for Amplify CEF High Income ETF (YYY) is 2.92%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 11.73%. This indicates that YYY experiences smaller price fluctuations and is considered to be less risky than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YYY	BITO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	11.73%	-8.81%
Volatility (6M) Calculated over the trailing 6-month period	7.26%	34.20%	-26.94%
Volatility (1Y) Calculated over the trailing 1-year period	8.71%	43.88%	-35.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.38%	55.07%	-43.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.90%	55.07%	-41.17%

YYY vs. BITO - Expense Ratio Comparison

YYY has a 3.23% expense ratio, which is higher than BITO's 0.95% expense ratio.

Dividends

YYY vs. BITO - Dividend Comparison

YYY's dividend yield for the trailing twelve months is around 12.65%, less than BITO's 69.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BITO ProShares Bitcoin Strategy ETF	69.59%	78.29%	61.59%	15.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YYY Amplify CEF High Income ETF	12.65%	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

Can I hold both YYY and BITO in my portfolio?

YYY and BITO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YYY or BITO?

BITO has higher volatility (11.73%) compared to YYY (2.92%). In terms of maximum drawdown, YYY dropped -42.52% vs BITO's -77.86%.

Which ETF is better, YYY or BITO?

On 3-year performance, BITO leads with 26.35% vs 12.43% for YYY. On fees, BITO is cheaper at 0.95% per year. On volatility, YYY has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YYY or BITO?

Over the 3-year period, BITO has performed better with a 26.35% return vs 12.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YYY or BITO?

BITO is cheaper with a 0.95% expense ratio, compared with 3.23% for YYY.

Which ETF pays a higher dividend yield, YYY or BITO?

BITO has the higher dividend yield at 69.59%, compared with 12.65% for YYY.

What is the main difference between YYY and BITO?

YYY is categorized as Diversified Portfolio, while BITO is Cryptocurrency. They also come from different issuers: Amplify and ProShares. Their fees differ too: 3.23% for YYY and 0.95% for BITO.

Which has better risk-adjusted returns?

YYY currently has the higher Sharpe Ratio (1.21 vs -0.98), 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.