YYYM vs. BITY

Last updated Jun 25, 2026

YYYM (Amplify Municipal CEF High Income ETF) and BITY (Amplify Bitcoin 2% Monthly Option Income ETF) are both exchange-traded funds - YYYM is a High Yield Muni fund tracking the Nasdaq Municipal Bond CEF High Income Index, while BITY is a Derivative Income fund actively managed by Amplify. YYYM is passively managed, while BITY is actively managed. At a 0.27 correlation, their price movements are largely independent. YYYM charges 2.78%/yr vs 0.65%/yr for BITY.

Performance

YYYM vs. BITY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Municipal CEF High Income ETF (YYYM) and Amplify Bitcoin 2% Monthly Option Income ETF (BITY). 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*: —

BITY

• 1D: -4.20%
• 1M: -21.40%
• YTD: -29.41%
• 6M: -29.14%
• 1Y: -42.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YYYM vs. BITY - Yearly Performance Comparison

	2026 (YTD)
YYYM Amplify Municipal CEF High Income ETF	1.96%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-13.62%

Correlation

The correlation between YYYM and BITY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.27

Return for Risk

YYYM vs. BITY — 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.

BITY

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

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. BITY - Risk-Adjusted Trends Comparison

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

	YYYM	BITY	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.04	—
Sortino ratio: Return per unit of downside risk	—	-1.52	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.85	—
Martin ratio: Return relative to average drawdown	—	-1.49	—

Drawdowns

YYYM vs. BITY - Drawdown Comparison

The maximum YYYM drawdown since its inception was -5.28%, smaller than the maximum BITY drawdown of -50.04%. Use the drawdown chart below to compare losses from any high point for YYYM and BITY.

Drawdown Indicators

	YYYM	BITY	Difference
Max Drawdown Largest peak-to-trough decline	-5.28%	-50.04%	+44.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.04%	—
Current Drawdown Current decline from peak	0.00%	-49.97%	+49.97%
Average Drawdown Average peak-to-trough decline	-1.10%	-20.94%	+19.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.73%	—

Volatility

Volatility by Period

	YYYM	BITY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.92%	41.24%	-31.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.92%	39.64%	-29.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.92%	39.64%	-29.72%

YYYM vs. BITY - Expense Ratio Comparison

YYYM has a 2.78% expense ratio, which is higher than BITY's 0.65% expense ratio.

Dividends

YYYM vs. BITY - Dividend Comparison

YYYM's dividend yield for the trailing twelve months is around 1.19%, less than BITY's 43.21% yield.

Position	TTM	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	43.21%	21.53%
YYYM Amplify Municipal CEF High Income ETF	1.19%	0.00%

Frequently Asked Questions

Can I hold both YYYM and BITY in my portfolio?

YYYM and BITY have a correlation of 0.27, 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 BITY?

On fees, BITY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YYYM or BITY?

BITY is cheaper with a 0.65% expense ratio, compared with 2.78% for YYYM.

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

BITY has the higher dividend yield at 43.21%, compared with 1.19% for YYYM.

What is the main difference between YYYM and BITY?

YYYM is categorized as High Yield Muni, while BITY is Derivative Income. Their fees differ too: 2.78% for YYYM and 0.65% for BITY.