YYYM vs. AIEQ

Last updated Jun 25, 2026

YYYM (Amplify Municipal CEF High Income ETF) and AIEQ (Amplify AI Powered Equity ETF) are both exchange-traded funds - YYYM is a High Yield Muni fund tracking the Nasdaq Municipal Bond CEF High Income Index, while AIEQ is a Large Cap Growth Equities fund tracking the AI Powered Equity Index. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. YYYM charges 2.78%/yr vs 0.75%/yr for AIEQ.

Performance

YYYM vs. AIEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Municipal CEF High Income ETF (YYYM) and Amplify AI Powered Equity ETF (AIEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YYYM

• 1D: 0.25%
• 1M: 3.61%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIEQ

• 1D: -0.15%
• 1M: -1.29%
• YTD: 7.87%
• 6M: 6.55%
• 1Y: 17.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YYYM vs. AIEQ - Yearly Performance Comparison

	2026 (YTD)
YYYM Amplify Municipal CEF High Income ETF	1.96%
AIEQ Amplify AI Powered Equity ETF	8.20%

Correlation

The correlation between YYYM and AIEQ is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.66

Return for Risk

YYYM vs. AIEQ — Risk / Return Rank

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

YYYM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AIEQ

AIEQ Risk / Return Rank: 43
AIEQ Sharpe Ratio Rank: 43
AIEQ Sortino Ratio Rank: 40
AIEQ Omega Ratio Rank: 42
AIEQ Calmar Ratio Rank: 42
AIEQ Martin Ratio Rank: 47

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.

YYYM vs. AIEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Municipal CEF High Income ETF (YYYM) and Amplify AI Powered Equity ETF (AIEQ). 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.

	YYYM	AIEQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.37	—
Sortino ratio: Return per unit of downside risk	—	1.92	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	1.93	—
Martin ratio: Return relative to average drawdown	—	7.29	—

Drawdowns

YYYM vs. AIEQ - Drawdown Comparison

The maximum YYYM drawdown since its inception was -5.28%, smaller than the maximum AIEQ drawdown of -24.19%. Use the drawdown chart below to compare losses from any high point for YYYM and AIEQ.

Drawdown Indicators

	YYYM	AIEQ	Difference
Max Drawdown Largest peak-to-trough decline	-5.28%	-24.19%	+18.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.11%	—
Current Drawdown Current decline from peak	0.00%	-3.00%	+3.00%
Average Drawdown Average peak-to-trough decline	-1.10%	-3.28%	+2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	YYYM	AIEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.92%	12.85%	-2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.92%	19.45%	-9.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.92%	19.45%	-9.53%

YYYM vs. AIEQ - Expense Ratio Comparison

YYYM has a 2.78% expense ratio, which is higher than AIEQ's 0.75% expense ratio.

Dividends

YYYM vs. AIEQ - Dividend Comparison

YYYM's dividend yield for the trailing twelve months is around 1.19%, more than AIEQ's 0.40% yield.

Position	TTM	2025	2024
AIEQ Amplify AI Powered Equity ETF	0.40%	0.43%	0.65%
YYYM Amplify Municipal CEF High Income ETF	1.19%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YYYM and AIEQ in my portfolio?

YYYM and AIEQ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YYYM or AIEQ?

On fees, AIEQ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YYYM or AIEQ?

AIEQ is cheaper with a 0.75% expense ratio, compared with 2.78% for YYYM.

Which ETF pays a higher dividend yield, YYYM or AIEQ?

YYYM has the higher dividend yield at 1.19%, compared with 0.40% for AIEQ.

What is the main difference between YYYM and AIEQ?

YYYM is categorized as High Yield Muni, while AIEQ is Large Cap Growth Equities. YYYM tracks Nasdaq Municipal Bond CEF High Income Index, while AIEQ tracks AI Powered Equity Index. Their fees differ too: 2.78% for YYYM and 0.75% for AIEQ.