YYY vs. CLSM

Last updated Jun 4, 2026

YYY (Amplify CEF High Income ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both exchange-traded funds - YYY is a Diversified Portfolio fund tracking the Nasdaq CEF High Income™ Index, while CLSM is a Tactical Allocation fund tracking the Actively Managed. Both are passively managed. Over the past 3 years, YYY returned 12.56%/yr vs 13.75%/yr for CLSM. A 0.56 correlation means they provide meaningful diversification when combined. YYY charges 3.23%/yr vs 0.82%/yr for CLSM.

Performance

YYY vs. CLSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CEF High Income ETF (YYY) and Cabana Target Leading Sector Moderate ETF (CLSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YYY achieves a 3.82% return, which is significantly lower than CLSM's 20.45% return.

YYY

• 1D: -1.31%
• 1M: -0.45%
• YTD: 3.82%
• 6M: 3.82%
• 1Y: 11.25%
• 3Y*: 12.56%
• 5Y*: 2.92%
• 10Y*: 5.57%

CLSM

• 1D: -0.38%
• 1M: 9.23%
• YTD: 20.45%
• 6M: 20.19%
• 1Y: 34.21%
• 3Y*: 13.75%
• 5Y*: —
• 10Y*: —

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

YYY vs. CLSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
YYY Amplify CEF High Income ETF	3.82%	13.08%	11.86%	12.98%	-21.78%	-0.79%
CLSM Cabana Target Leading Sector Moderate ETF	20.45%	15.32%	1.87%	3.78%	-23.23%	9.10%

Correlation

The correlation between YYY and CLSM is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021	0.56

The correlation between YYY and CLSM shifts across timeframes, from 0.56 (all time) to 0.69 (1 year), reflecting how their relationship changes across market environments.

YYY vs. CLSM - Sectors Allocation Comparison

Sectors	YYY	CLSM
Financial Services	24.6%	0.1%
Healthcare	17.1%	1.4%
Energy	13.1%	0.2%
Real Estate	12.5%	0.0%
Technology	10.2%	51.8%
Utilities	7.8%	0.5%
Industrials	5.1%	1.0%
Communication Services	3.3%	5.5%
Consumer Cyclical	3.2%	4.4%
Consumer Defensive	1.8%	34.8%
Basic Materials	1.3%	0.4%

Return for Risk

YYY vs. CLSM — Risk / Return Rank

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

YYY

YYY Risk / Return Rank: 35
YYY Sharpe Ratio Rank: 36
YYY Sortino Ratio Rank: 35
YYY Omega Ratio Rank: 38
YYY Calmar Ratio Rank: 28
YYY Martin Ratio Rank: 38

CLSM

CLSM Risk / Return Rank: 82
CLSM Sharpe Ratio Rank: 83
CLSM Sortino Ratio Rank: 80
CLSM Omega Ratio Rank: 83
CLSM Calmar Ratio Rank: 80
CLSM Martin Ratio Rank: 83

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. CLSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CEF High Income ETF (YYY) and Cabana Target Leading Sector Moderate ETF (CLSM). 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.

	YYY	CLSM	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.71	-1.38
Sortino ratio: Return per unit of downside risk	1.91	3.58	-1.68
Omega ratio: Gain probability vs. loss probability	1.25	1.50	-0.24
Calmar ratio: Return relative to maximum drawdown	1.40	4.04	-2.64
Martin ratio: Return relative to average drawdown	6.19	16.72	-10.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YYY vs. CLSM - Sharpe Ratio Comparison

The current YYY Sharpe Ratio is 1.32, which is lower than the CLSM Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of YYY and CLSM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YYY	CLSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.71	-1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.35	+0.08

Drawdowns

YYY vs. CLSM - Drawdown Comparison

The maximum YYY drawdown since its inception was -42.52%, which is greater than CLSM's maximum drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for YYY and CLSM.

Drawdown Indicators

	YYY	CLSM	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-27.77%	-14.75%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-8.50%	+0.43%
Max Drawdown (3Y) Largest decline over 3 years	-13.47%	-14.60%	+1.13%
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	-1.90%	-0.38%	-1.52%
Average Drawdown Average peak-to-trough decline	-6.84%	-16.49%	+9.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	2.05%	-0.23%

Volatility

YYY vs. CLSM - Volatility Comparison

The current volatility for Amplify CEF High Income ETF (YYY) is 2.46%, while Cabana Target Leading Sector Moderate ETF (CLSM) has a volatility of 3.58%. This indicates that YYY experiences smaller price fluctuations and is considered to be less risky than CLSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YYY	CLSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	3.58%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	7.08%	10.54%	-3.46%
Volatility (1Y) Calculated over the trailing 1-year period	8.56%	12.70%	-4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.36%	12.47%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.90%	12.47%	+1.43%

YYY vs. CLSM - Expense Ratio Comparison

YYY has a 3.23% expense ratio, which is higher than CLSM's 0.82% expense ratio.

Dividends

YYY vs. CLSM - Dividend Comparison

YYY's dividend yield for the trailing twelve months is around 12.70%, more than CLSM's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLSM Cabana Target Leading Sector Moderate ETF	0.75%	0.90%	2.13%	2.58%	3.17%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YYY Amplify CEF High Income ETF	12.70%	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 CLSM in my portfolio?

YYY and CLSM have a correlation of 0.69, 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 CLSM?

CLSM has higher volatility (3.58%) compared to YYY (2.46%). In terms of maximum drawdown, YYY dropped -42.52% vs CLSM's -27.77%.

Which ETF is better, YYY or CLSM?

On 3-year performance, CLSM leads with 13.75% vs 12.56% for YYY. On fees, CLSM is cheaper at 0.82% per year. On volatility, YYY has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YYY or CLSM?

Over the 3-year period, CLSM has performed better with a 13.75% return vs 12.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YYY or CLSM?

CLSM is cheaper with a 0.82% expense ratio, compared with 3.23% for YYY.

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

YYY has the higher dividend yield at 12.70%, compared with 0.75% for CLSM.

What is the main difference between YYY and CLSM?

YYY is categorized as Diversified Portfolio, while CLSM is Tactical Allocation. YYY tracks Nasdaq CEF High Income™ Index, while CLSM tracks Actively Managed. They also come from different issuers: Amplify and Cabana. Their fees differ too: 3.23% for YYY and 0.82% for CLSM.

Which has better risk-adjusted returns?

CLSM currently has the higher Sharpe Ratio (2.71 vs 1.32), 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.