AMDY vs FIAT
YieldMax AMD Option Income Strategy ETF vs YieldMax Short COIN Option Income Strategy ETF
Which is better, AMDY or FIAT?
AMDY has been ahead.
AMDY has a lower expense ratio. AMDY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMDY | FIAT |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.05% |
| AUM | $501M | $30M |
| Dividend Yield | 69.36% | 122.18% |
| Holdings | 15 | 15 |
| YTD Return | +107.29%Best | +4.11% |
| 1Y Return | +111.76%Best | +35.51% |
| 3Y Return (annualized) | +50.68% | - |
| Volatility (annualized) | 63.8% | 55.0%Best |
| Max Drawdown | -50.2%Best | -70.5% |
| $10,000 over 2.3 years | $24,600Best | $5,438 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 18, 2023 | Jul 9, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 10, 2024 to Oct 14, 2026 (2.3 years).
AMDY vs FIAT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
AMDY vs FIAT Performance
YieldMax AMD Option Income Strategy ETF (AMDY) is an ETF from YieldMax ETF and YieldMax Short COIN Option Income Strategy ETF (FIAT) is an ETF from YieldMax ETF. Over the past year AMDY returned +111.76% while FIAT returned +35.51%. Year to date, AMDY is up 107.29% versus a gain of 4.11% for FIAT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDY has been the more volatile fund, with annualized monthly volatility of 63.8% compared with 55.0% for FIAT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.2% for AMDY and -70.5% for FIAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.21. They move largely independently of each other.
Fees and Cost Over Time
AMDY charges 1.00% per year while FIAT charges 1.05%. On a $10,000 position that is $100 vs $105 annually, a gap of $5 per year that compounds over a long holding period. On income, AMDY currently yields 69.36% against 122.18% for FIAT.
Holdings Overlap
We hold position weights for 2 holdings in AMDY and 2 in FIAT, totalling 17.2% and 18.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in AMDY and 2 in FIAT, against full books of 15 and 15.
Top Shared Holdings
| Stock | Weight in AMDY | Weight in FIAT | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.33% | 17.22% | 14.89% |
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 14.83% | 1.00% | 13.83% |
You are not choosing between two funds in isolation.
Whichever of AMDY and FIAT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMDY or FIAT?
AMDY has an expense ratio of 1.00% while FIAT charges 1.05%. AMDY is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AMDY or FIAT?
Over the past year AMDY returned +111.76% vs +35.51% for FIAT, so AMDY leads on 1-year performance. Over the longest common window we track (2 years), AMDY annualized +47.90% vs -23.27% for FIAT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMDY or FIAT?
AMDY has been the more volatile fund at 63.8% annualized versus 55.0% for FIAT. Worst drawdown: AMDY -50.2% vs FIAT -70.5%.
Should I hold both AMDY and FIAT?
AMDY and FIAT have a monthly-return correlation of -0.21, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AMDY or FIAT?
AMDY yields 69.36% while FIAT yields 122.18%, so FIAT currently pays the higher dividend yield.
Is FIAT better than AMDY?
AMDY has a lower expense ratio. AMDY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.