AMDY vs IVV
YieldMax AMD Option Income Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AMDY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AMDY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.23% | 0.03% | |
| AUM | $393M | $907.0B | |
| Dividend Yield | 76.77% | 1.10% | |
| Holdings | 19 | 508 | |
| YTD Return | +74.48% | +12.28% | |
| 1Y Return | +129.70% | +20.94% | |
| 3Y Return (annualized) | +44.16% | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 57.3% | 15.1% | |
| Max Drawdown | -53.9% | -56.5% | |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 18, 2023 | May 15, 2000 |
AMDY vs IVV Performance
YieldMax AMD Option Income Strategy ETF (AMDY) is a ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AMDY returned +129.70% while IVV returned +20.94%. Year to date, AMDY is up 74.48% versus a gain of 12.28% for IVV.
Over three years, AMDY compounded at +44.16% per year against +21.81% for IVV. Across the full 3-year window we track, AMDY has the edge at +44.16% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDY has been the more volatile fund, with annualized monthly volatility of 57.3% compared with 15.1% for IVV. 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 -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMDY charges 1.23% per year while IVV charges 0.03%. On a $10,000 position that is $123 vs $3 annually, a gap of $120 per year that compounds over a long holding period. On income, AMDY currently yields 76.77% against 1.10% for IVV.
Holdings Overlap
AMDY and IVV share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AMDY or IVV?
AMDY has an expense ratio of 1.23% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $120 per year of difference.
Which performed better, AMDY or IVV?
Over the past year AMDY returned +129.70% vs +20.94% for IVV, so AMDY leads on 1-year performance. Over the longest common window we track (3 years), AMDY annualized +44.16% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, AMDY or IVV?
AMDY has been the more volatile fund at 57.3% annualized versus 15.1% for IVV. Worst drawdown: AMDY -53.9% vs IVV -56.5%.
Should I hold both AMDY and IVV?
AMDY and IVV have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMDY and IVV?
AMDY and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, AMDY or IVV?
AMDY yields 76.77% while IVV yields 1.10%, so AMDY currently pays the higher dividend yield.
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