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YYY vs. PCEF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YYY and PCEF is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

YYY vs. PCEF - Performance Comparison

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

90.00%100.00%110.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
97.34%
114.56%
YYY
PCEF

Key characteristics

Sharpe Ratio

YYY:

1.68

PCEF:

2.07

Sortino Ratio

YYY:

2.20

PCEF:

2.73

Omega Ratio

YYY:

1.33

PCEF:

1.39

Calmar Ratio

YYY:

0.97

PCEF:

1.45

Martin Ratio

YYY:

10.04

PCEF:

12.31

Ulcer Index

YYY:

1.35%

PCEF:

1.38%

Daily Std Dev

YYY:

8.07%

PCEF:

8.22%

Max Drawdown

YYY:

-42.52%

PCEF:

-38.64%

Current Drawdown

YYY:

-4.34%

PCEF:

-3.17%

Returns By Period

In the year-to-date period, YYY achieves a 12.35% return, which is significantly lower than PCEF's 16.29% return. Over the past 10 years, YYY has underperformed PCEF with an annualized return of 3.76%, while PCEF has yielded a comparatively higher 6.06% annualized return.


YYY

YTD

12.35%

1M

-2.43%

6M

3.32%

1Y

12.78%

5Y*

2.39%

10Y*

3.76%

PCEF

YTD

16.29%

1M

-0.31%

6M

7.48%

1Y

16.62%

5Y*

4.70%

10Y*

6.06%

Compare stocks, funds, or ETFs

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


YYY vs. PCEF - Expense Ratio Comparison

YYY has a 2.45% expense ratio, which is higher than PCEF's 2.34% expense ratio.


YYY
Amplify High Income ETF
Expense ratio chart for YYY: current value at 2.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.45%
Expense ratio chart for PCEF: current value at 2.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.34%

Risk-Adjusted Performance

YYY vs. PCEF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify High Income ETF (YYY) and Invesco CEF Income Composite ETF (PCEF). 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
The chart of Sharpe ratio for YYY, currently valued at 1.68, compared to the broader market0.002.004.001.682.07
The chart of Sortino ratio for YYY, currently valued at 2.20, compared to the broader market-2.000.002.004.006.008.0010.002.202.73
The chart of Omega ratio for YYY, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.39
The chart of Calmar ratio for YYY, currently valued at 0.97, compared to the broader market0.005.0010.0015.000.971.45
The chart of Martin ratio for YYY, currently valued at 10.04, compared to the broader market0.0020.0040.0060.0080.00100.0010.0412.31
YYY
PCEF

The current YYY Sharpe Ratio is 1.68, which is comparable to the PCEF Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of YYY and PCEF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.68
2.07
YYY
PCEF

Dividends

YYY vs. PCEF - Dividend Comparison

YYY's dividend yield for the trailing twelve months is around 12.32%, more than PCEF's 8.05% yield.


TTM20232022202120202019201820172016201520142013
YYY
Amplify High Income ETF
12.32%12.39%12.36%9.08%9.79%9.10%9.73%8.83%10.34%10.77%9.54%5.14%
PCEF
Invesco CEF Income Composite ETF
8.05%9.85%8.93%6.67%7.55%7.12%8.21%6.96%7.12%9.18%8.03%8.13%

Drawdowns

YYY vs. PCEF - Drawdown Comparison

The maximum YYY drawdown since its inception was -42.52%, which is greater than PCEF's maximum drawdown of -38.64%. Use the drawdown chart below to compare losses from any high point for YYY and PCEF. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.34%
-3.17%
YYY
PCEF

Volatility

YYY vs. PCEF - Volatility Comparison

Amplify High Income ETF (YYY) has a higher volatility of 3.26% compared to Invesco CEF Income Composite ETF (PCEF) at 2.85%. This indicates that YYY's price experiences larger fluctuations and is considered to be riskier than PCEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%JulyAugustSeptemberOctoberNovemberDecember
3.26%
2.85%
YYY
PCEF
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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