AMDY vs IWMY
YieldMax AMD Option Income Strategy ETF vs Defiance R2000 Weekly Distribution ETF
Which is better, AMDY or IWMY?
AMDY has been ahead.
AMDY has a lower expense ratio. AMDY led over 1Y, 3Y 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 | IWMY |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.05% |
| AUM | $501M | $83M |
| Dividend Yield | 69.36% | 39.40% |
| Holdings | 15 | 10 |
| YTD Return | +107.29%Best | +4.37% |
| 1Y Return | +111.76%Best | +1.60% |
| 3Y Return (annualized) | +50.68%Best | -3.29% |
| Volatility (annualized) | 58.0% | 14.7%Best |
| Max Drawdown | -53.9% | -35.7%Best |
| $10,000 over 3 years | $37,318Best | $9,045 |
| Fund Family | YieldMax ETF | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 18, 2023 | Oct 30, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 31, 2023 to Oct 14, 2026 (3 years).
AMDY vs IWMY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AMDY vs IWMY Performance
YieldMax AMD Option Income Strategy ETF (AMDY) is an ETF from YieldMax ETF and Defiance R2000 Weekly Distribution ETF (IWMY) is an ETF from Defiance ETFs, LLC. Over the past year AMDY returned +111.76% while IWMY returned +1.60%. Year to date, AMDY is up 107.29% versus a gain of 4.37% for IWMY.
Over three years, AMDY compounded at +50.68% per year against -3.29% for IWMY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDY has been the more volatile fund, with annualized monthly volatility of 58.0% compared with 14.7% for IWMY. 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 -53.9% for AMDY and -35.7% for IWMY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMDY charges 1.00% per year while IWMY 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 39.40% for IWMY.
Holdings Overlap
We hold position weights for 2 holdings in AMDY and 1 in IWMY, totalling 17.2% and 1.8% 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, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in AMDY and 1 in IWMY, against full books of 15 and 10.
Top Shared Holdings
| Stock | Weight in AMDY | Weight in IWMY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.33% | 1.78% | 0.55% |
You are not choosing between two funds in isolation.
Whichever of AMDY and IWMY 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 IWMY?
AMDY has an expense ratio of 1.00% while IWMY charges 1.05%. AMDY is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AMDY or IWMY?
Over the past year AMDY returned +111.76% vs +1.60% for IWMY, so AMDY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMDY or IWMY?
AMDY has been the more volatile fund at 58.0% annualized versus 14.7% for IWMY. Worst drawdown: AMDY -53.9% vs IWMY -35.7%.
Should I hold both AMDY and IWMY?
AMDY and IWMY have a monthly-return correlation of 0.37, 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 IWMY?
AMDY yields 69.36% while IWMY yields 39.40%, so AMDY currently pays the higher dividend yield.
Is IWMY better than AMDY?
AMDY has a lower expense ratio. AMDY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.