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ETFs

YieldMax AMZN Option Income Strategy ETF

AMZY
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 24, 2023
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Elevate Shares
Volume (1m avg. daily)
$1,463,795
AUM
$26,095,810
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
UNITED STATES TREAS NTS 0.75% 12/31/2023
51.66%
—
UNITED STATES TREAS NTS 0.75% 11/15/2024
51.6%
—
AMAZON C CLL OPT 11/23 135
3.98%
—
Cash & Other
0.8%
—
AMAZON C CLL OPT 09/23 135
-0.13%
—
AMAZON C CLL OPT 09/23 133
-0.27%
—
AMZN 11/17/2023 135.01 P
-7.6%
Invest with AMZY
Trade AMZY Options

What is AMZY?

The YieldMax AMZY Option Income Strategy ETF (AMZY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on AMZN. AMZY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AMZN.

1M
3M
6M
YTD
1Y
3Y
Max
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AMZY
Performance Measures**

for the time period Jul 25, 2023 to Dec 4, 2025

Returns

1M Trailing Return: -6.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -2.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -23.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 25.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.05

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.12

The annualized return divided by the max drawdown for the selected time period.

ETFs related toAMZY

ETFs correlated to AMZY include AMZU, XAUG, GAUG

AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
AMZU
Direxion Shares ETF Trust - Direxion Daily AMZN Bull 1.5X Shares
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
CVRD
Madison ETFs Trust - Madison Covered Call ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toAMZY

NVDY or Yieldmax 40d RSI Sort Top 2

Category

Tactical, momentum + mean‑reversion, leveraged/inverse ETFs, option‑income ETFs, volatility filter, tech/semis tilt

OOS Cumulative Return

146.69%

Neos+YieldMax 5dCR Top 1 (Needs QQQI) | PWN

Category

Momentum rotation, option-income ETFs, YieldMax, NEOS, daily rebalance, single position, high turnover

OOS Cumulative Return

67.06%

Create your own algorithmic trading strategy with AMZY using Composer

FAQ

AMZY is a US Equities ETF. The YieldMax AMZY Option Income Strategy ETF (AMZY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on AMZN. AMZY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AMZN.

Yes, AMZY is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, AMZY is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AMZY is -0.004%. This is the percent change in the value of AMZY over the most recent 1-month period. The 3-month return on AMZY is %. This is the percent change in the value of AMZY over the most recent 3-month period.

ETFs similar to AMZY include XLI, XLB, and XLV.

ETFs correlated to AMZY include AMZU, XAUG, and GAUG.

ETFs that are inversely correlated to AMZY include WEBS, SJB, and FNGD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.