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BAGY vs BTCC

Amplify Bitcoin Max Income Covered Call ETF

BAGYBCboe

Grayscale Funds Trust

BTCCBNYSE Arca

Overlap

Expense ratio

BAGY −0.01pt a year

BAGY0.65%BTCC0.66%

Avg volume · 30D

BTCC 5.6×the volume

BAGY4.27KBTCC23.9K

BAGY vs BTCC Performance

Oct 31, 2025 – Oct 30, 2026

−39.2%BAGY−27.4%BTCC

Oct 31, 2025 to Oct 30, 2026. BAGY −39.2%. BTCC −27.4%. Use the arrow keys to read each point.−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BAGY 0.65%, better
BTCC 0.66%
Fund size
BAGY $9M
BTCC $15M
1Y total return
BAGY −39.2%
BTCC −27.4%, better
Yield (12M)
BAGY 47.85%
BTCC 65.93%, better
Holdings
BAGY 4
BTCC 4
Avg volume (30D)
BAGY 4.27K sh
BTCC 23.9K sh, better
NAV per share
BAGY $20.12
BTCC $12.40
52W range

ETF.net Grade

BAGY: Cost 90, Risk 36, Mission not scored, Tradability 58, Holdings 46, Durability 54. BTCC: Cost 90, Risk 65, Mission not scored, Tradability 44, Holdings not scored, Durability 51.
Pillar letters and Scores for BAGY, BTCC, with each pillar’s weight
PillarBAGYBTCC
Cost30% weightA90A90
Mission25% weightNot scoredNot scored
Risk15% weightD36B65Higher
Tradability15% weightB58HigherC44
Holdings10% weightC46Not scored
Durability5% weightC54HigherC51

Rank among Crypto Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BAGY and BTCC are both graded against the same 21 Crypto Option Income funds, so their Grades compare head to head.

Crypto Option Income⁠

Category · 21 funds
See all 21 ›

BTCC ranks 2nd and BAGY 3rd of 21 funds in the Crypto Option Income Category.

  1. Rank 1ABITAThe iShares Bitcoin Premium Income ETFScore 88
  2. Rank 2BBTCCGrayscale Funds TrustScore 70
  3. Rank 3BBAGYAmplify Bitcoin Max Income Covered Call ETFScore 64
  4. Rank 3BCEPIREX Crypto Equity Premium Income ETFScore 64

Our read on each fund

ETF.net Research

BAGYBAmplify Bitcoin Max Income Covered Call ETF

BTCCBGrayscale Funds Trust

In short

BAGY Most bitcoin income funds sell calls on futures or on crypto-adjacent stocks. BAGY works off bitcoin ETPs and options on them, harvesting premium and paying it out monthly.

BTCC Grayscale's income angle on bitcoin: rather than just holding the asset, BTCC sells calls against bitcoin ETPs to convert crypto volatility into cash. Income first, bitcoin participation second, at a fee that undercuts most of its covered-call peers.

Stated mandate

BAGY The Fund seeks to maximize current income through a covered-call strategy tied to Bitcoin price-return exposure. It uses Bitcoin ETPs and Bitcoin ETP Options to obtain exposure and generate option-premium income.

BTCC The Fund seeks current income and, secondarily, participation in Bitcoin returns through options on Bitcoin exchange-traded products designed to track Bitcoin's price.

Why people hold it

  • BAGY A 0.65% expense ratio, under the typical fee in its crypto option-income cohort and below peers like CEPI and DFII at 0.85%.
  • Clean plumbing: bitcoin price exposure via ETPs, income via options on those ETPs, all inside a standard 1940 Act fund rather than a commodity partnership.amplifyetfs.com
  • Income is the stated mission, not a side effect: the fund targets option premium and distributes monthly.amplifyetfs.com
  • Among the stronger builds in a crowded field of crypto covered-call funds, helped by cost discipline.
  • BTCC Runs at 0.66% a year, below the typical fee in its crypto options-income group and cheaper than peers like CEPI and DFII at 0.85%.
  • The mandate is blunt: current income first, bitcoin participation second, using options on bitcoin exchange-traded products. No mystery about the job.
  • Top quartile of its crypto options-income peer group, one of the stronger implementations on that shelf.
  • Exposure runs through options on listed bitcoin ETPs, so no wallets, keys or crypto exchange accounts. It sits in an ordinary brokerage account.

Worth knowing

  • BAGY Selling calls trades away part of bitcoin's upside for premium. Downside moves in bitcoin still come through.amplifyetfs.com
  • The monthly payout is not all investment income: the fund discloses that distributions can include return of capital, which chips at your cost basis.amplifyetfs.com
  • Launched in 2025 and still small, with lighter trading than the category's biggest names, so bid-ask spreads can run wider.
  • BTCC Covered calls swap upside for income. When bitcoin rips, the sold calls hand back part of the move, while the drawdowns still come through.
  • A small fund that trades lightly, so spreads can widen. Limit orders and patience do real work here.
  • Launched in 2025, so the track record is short and covers only a slice of a crypto cycle.

Full BAGY profile⁠

Full BTCC profile⁠

BAGY vs BTCC Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BAGY vs BTCC Cost

Overpaying BTCC vs BAGY

$179

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BAGY 0.65%

    $12,717

  • BTCC 0.66%

    $12,896

$10,000
30 years

Cost over time

  • BAGY 0.65%
  • BTCC 0.66%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BTCC $12,896BAGY $12,717

Year by year

YearBAGYBTCCOverpaying
10$1,163$1,180$17
20$4,440$4,504$64
30$12,717$12,896$179

Expense ratio

  • 0.65%BAGY, cheaper
  • 0.66%BTCC
  • Middle half of Crypto Option Income funds
  • Median 0.85%

BAGY cheapest of 21 funds

BTCC 5th cheapest of 21 funds

BAGY vs BTCC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BAGY 47.85%
BTCC 65.93%, better
Payout (12M)
BAGY $9.95
BTCC $8.16
Last payment
BAGY $0.56
BTCC $0.22
Ex-dividend
BAGY Oct 29, 2026
BTCC Oct 29, 2026
Paid on
BAGY Oct 30, 2026
BTCC Oct 30, 2026
Frequency
BAGY Monthly
BTCC Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BAGYMonthly · 18 paymentsAll BAGY payments⁠
One bar per payment. 18 payments from 2025 to 2026 YTD. May 29, 2025 $1.46; Jun 27, 2025 $1.41; Jul 30, 2025 $1.50; Aug 28, 2025 $1.39; Sep 29, 2025 $1.53; Oct 30, 2025 $1.50; Nov 26, 2025 $1.15; Dec 30, 2025 $1.13; Jan 29, 2026 $1.14; Feb 26, 2026 $0.91; Mar 30, 2026 $0.97; Apr 29, 2026 $0.95; May 28, 2026 $0.74; Jun 29, 2026 $0.56; Jul 30, 2026 $0.58; Aug 28, 2026 $0.61; Sep 29, 2026 $0.64; Oct 29, 2026 $0.56. Use the arrow keys to read each point.$0$22026YTD
BTCCIrregular · 34 paymentsAll BTCC payments⁠
One bar per payment. 34 payments from 2025 to 2026 YTD. Apr 30, 2025 $1.64; May 21, 2025 $0.94; Jun 25, 2025 $1.97; Jul 23, 2025 $1.85; Aug 14, 2025 $0.74; Aug 28, 2025 $1.18; Sep 12, 2025 $0.95; Sep 29, 2025 $0.89; Oct 14, 2025 $0.70; Oct 29, 2025 $0.62; Nov 13, 2025 $0.60; Nov 26, 2025 $0.57; Dec 12, 2025 $0.55; Dec 29, 2025 $0.53; Jan 14, 2026 $0.41; Jan 29, 2026 $0.37; Feb 12, 2026 $0.37; Feb 26, 2026 $0.37; Mar 12, 2026 $0.36; Mar 30, 2026 $0.37; Apr 14, 2026 $0.22; Apr 29, 2026 $0.38; May 14, 2026 $0.35; May 28, 2026 $0.28; Jun 12, 2026 $0.28; Jun 29, 2026 $0.26; Jul 14, 2026 $0.19; Jul 30, 2026 $0.26; Aug 13, 2026 $0.23; Aug 28, 2026 $0.22; Sep 14, 2026 $0.23; Sep 29, 2026 $0.26; Oct 14, 2026 $0.26; Oct 29, 2026 $0.22. Use the arrow keys to read each point.$0$22026YTD

BAGY vs BTCC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BAGY 36.4%since Jun 2025BTCC 29.0%since May 2025
Return per unit of riskSharpe ratio, 3 years
BAGY −0.85since Jun 2025BTCC −0.65since May 2025
Worst fallMax drawdown, 5 years
BAGY −50.6%since May 2025BTCC −44.3%since Apr 2025
Market sensitivityBeta, 5 years
BAGY 1.36BTCC 1.01

BAGY and BTCC in the news

All news⁠

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