YYYM vs. BITY
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 0.38 correlation, their price movements are largely independent. YYYM charges 2.78%/yr vs 0.65%/yr for BITY.
Performance
YYYM vs. BITY - Performance Comparison
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Returns By Period
YYYM
- 1D
- 0.39%
- 1M
- 1.19%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITY
- 1D
- -2.78%
- 1M
- -22.54%
- YTD
- -25.23%
- 6M
- -28.66%
- 1Y
- -38.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YYYM vs. BITY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
YYYM Amplify Municipal CEF High Income ETF | 0.49% |
BITY Amplify Bitcoin 2% Monthly Option Income ETF | -9.91% |
Correlation
The correlation between YYYM and BITY is 0.38, 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 11, 2026 | 0.38 |
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Return for Risk
YYYM vs. BITY — Risk / Return Rank
YYYM
BITY
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| YYYM | BITY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.97 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | -0.75 | +0.94 |
Drawdowns
YYYM vs. BITY - Drawdown Comparison
The maximum YYYM drawdown since its inception was -5.24%, smaller than the maximum BITY drawdown of -47.00%. Use the drawdown chart below to compare losses from any high point for YYYM and BITY.
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Drawdown Indicators
| YYYM | BITY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.24% | -47.00% | +41.76% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.00% | — |
Current DrawdownCurrent decline from peak | -0.38% | -47.00% | +46.62% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -19.77% | +18.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 26.65% | — |
Volatility
YYYM vs. BITY - Volatility Comparison
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Volatility by Period
| YYYM | BITY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 30.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.71% | 39.99% | -29.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.71% | 39.04% | -28.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.71% | 39.04% | -28.33% |
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 1.21%, less than BITY's 40.79% yield.
| Position | TTM | 2025 |
|---|---|---|
BITY Amplify Bitcoin 2% Monthly Option Income ETF | 40.79% | 21.53% |
YYYM Amplify Municipal CEF High Income ETF | 1.21% | 0.00% |
Frequently Asked Questions
YYYM and BITY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BITY is cheaper with a 0.65% expense ratio, compared with 2.78% for YYYM.
BITY has the higher dividend yield at 40.79%, compared with 1.21% for YYYM.
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.
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