YYY vs. BITY

Last updated Aug 4, 2026

YYY (Amplify CEF High Income ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - YYY is a Diversified Portfolio fund tracking the Nasdaq CEF High Income™ Index, while BITY is a Derivative Income fund actively managed by Amplify. YYY is passively managed, while BITY is actively managed. Over the past year, YYY returned 10.17% vs -42.71% for BITY. Their 0.39 correlation means their historical movements had little consistent relationship. YYY charges 3.23%/yr vs 0.65%/yr for BITY.

Performance

YYY vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CEF High Income ETF (YYY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YYY achieves a 5.58% return, which is significantly higher than BITY's -24.98% return.

YYY

• 1D: 0.27%
• 1M: -1.03%
• 6M: 3.06%
• YTD: 5.58%
• 1Y: 10.17%
• 3Y*: 11.52%
• 5Y*: 3.30%
• 10Y*: 5.21%
• ALL TIME*: 5.94%

BITY

• 1D: 1.53%
• 1M: 3.66%
• 6M: -17.08%
• YTD: -24.98%
• 1Y: -42.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -25.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BITY Amplify Bitcoin 2% Monthly Option Income ETF	$96.90K	$160.98K	$174.76K
YYY Amplify CEF High Income ETF	$3.26M	$3.18M	$4.38M

YYY vs. BITY - Yearly Performance Comparison

	2026 (YTD)	2025
YYY Amplify CEF High Income ETF	5.58%	12.89%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-24.98%	-7.84%

Correlation

The correlation between YYY and BITY is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.43
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.39

Return for Risk

YYY vs. BITY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YYY

YYY Risk / Return Rank: 44
YYY Sharpe Ratio Rank: 45
YYY Sortino Ratio Rank: 45
YYY Omega Ratio Rank: 47
YYY Calmar Ratio Rank: 36
YYY Martin Ratio Rank: 46

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 1
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YYY vs. BITY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CEF High Income ETF (YYY) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). 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	BITY	Difference
Sharpe ratio: Return per unit of total volatility	1.17	-1.03	+2.20
Sortino ratio: Return per unit of downside risk	1.68	-1.51	+3.19
Omega ratio: Gain probability vs. loss probability	1.22	0.83	+0.39
Calmar ratio: Return relative to maximum drawdown	1.26	-0.84	+2.11
Martin ratio: Return relative to average drawdown	5.39	-1.31	+6.70

YYY vs. BITY - Sharpe Ratio Comparison

The current YYY Sharpe Ratio is 1.17, which is higher than the BITY Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of YYY and BITY, 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. BITY - Drawdown Comparison

The maximum YYY drawdown since its inception was -42.52%, smaller than the maximum BITY drawdown of -50.87%. Use the drawdown chart below to compare losses from any high point for YYY and BITY.

Drawdown Indicators

	YYY	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-50.87%	+8.35%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-50.87%	+42.80%
Max Drawdown (3Y) Largest decline over 3 years	-13.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.52%	—	—
Current Drawdown Current decline from peak	-1.29%	-46.83%	+45.54%
Average Drawdown Average peak-to-trough decline	-6.77%	-23.20%	+16.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	32.67%	-30.78%

Volatility

YYY vs. BITY - Volatility Comparison

The current volatility for Amplify CEF High Income ETF (YYY) is 2.02%, while Amplify Bitcoin 2% Monthly Option Income ETF (BITY) has a volatility of 9.05%. This indicates that YYY experiences smaller price fluctuations and is considered to be less risky than BITY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YYY	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.02%	9.05%	-7.03%
Volatility (6M) Calculated over the trailing 6-month period	7.33%	31.67%	-24.34%
Volatility (1Y) Calculated over the trailing 1-year period	8.78%	41.56%	-32.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.36%	38.97%	-27.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.87%	38.97%	-25.10%

YYY vs. BITY - Expense Ratio Comparison

YYY has a 3.23% expense ratio, which is higher than BITY's 0.65% expense ratio.

Dividends

YYY vs. BITY - Dividend Comparison

YYY's dividend yield for the trailing twelve months is around 12.75%, less than BITY's 37.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BITY Amplify Bitcoin 2% Monthly Option Income ETF	37.11%	21.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YYY Amplify CEF High Income ETF	12.75%	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 BITY in my portfolio?

YYY and BITY have a correlation of 0.43, 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 BITY?

BITY has higher volatility (9.05%) compared to YYY (2.02%). In terms of maximum drawdown, YYY dropped -42.52% vs BITY's -50.87%.

Which ETF is better, YYY or BITY?

On 1-year performance, YYY leads with 10.17% vs -42.71% for BITY. On fees, BITY is cheaper at 0.65% per year. On volatility, YYY has been the lower-risk option at 2.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YYY or BITY?

Over the 1-year period, YYY has performed better with a 10.17% return vs -42.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YYY or BITY?

BITY is cheaper with a 0.65% expense ratio, compared with 3.23% for YYY.

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

BITY has the higher dividend yield at 37.11%, compared with 12.75% for YYY.

What is the main difference between YYY and BITY?

YYY is categorized as Diversified Portfolio, while BITY is Derivative Income. Their fees differ too: 3.23% for YYY and 0.65% for BITY.

Which has better risk-adjusted returns?

YYY currently has the higher Sharpe Ratio (1.17 vs -1.03), 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.