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BAGY vs XEY

Amplify Bitcoin Max Income Covered Call ETF

BAGYBCboe

GraniteShares YieldBOOST Ether ETF

XEYDNasdaq

Overlap

Expense ratio

BAGY −0.53pt a year

BAGY0.65%XEY1.18%

Avg volume · 30D

BAGY 24.7×the volume

BAGY4.13KXEY167

BAGY vs XEY Performance

Aug 7, 2026 – Nov 9, 2026

−5.6%BAGY−6.3%XEY

Aug 7, 2026 to Nov 9, 2026. BAGY −5.6%. XEY −6.3%. Use the arrow keys to read each point.−2.5%0%2.5%5%7.5%Aug 2026Sep 2026Nov 2026
Expense ratio
BAGY 0.65%, better
XEY 1.18%
Fund size
BAGY $9M
XEY $1M
1Y total return
BAGY −37.1%
XEY No data
Yield (12M)
BAGY 49.11%
XEY No data
Holdings
BAGY 3
XEY 4
Avg volume (30D)
BAGY 4.13K sh, better
XEY 167 sh
NAV per share
BAGY $20.53
XEY $17.51
52W range

ETF.net Grade

BAGY: Cost 90, Risk 36, Mission not scored, Tradability 58, Holdings 39, Durability 56. XEY: Cost 7, Risk 68, Mission not scored, Tradability 25, Holdings not scored, Durability 4.
Pillar letters and Scores for BAGY, XEY, with each pillar’s weight
PillarBAGYXEY
Cost30% weightA90HigherF7
Mission25% weightNot scoredNot scored
Risk15% weightD36B68Higher
Tradability15% weightB58HigherD25
Holdings10% weightD39Not scored
Durability5% weightB56HigherF4

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 XEY 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 ›

BAGY ranks 3rd and XEY 20th of 21 funds in the Crypto Option Income Category.

  1. Rank 1ABITAThe iShares Bitcoin Premium Income ETFScore 88
  2. Rank 2ABTCCGrayscale Funds TrustScore 70
  3. Rank 3BBAGYAmplify Bitcoin Max Income Covered Call ETFScore 63
  4. Rank 4BCEPIREX Crypto Equity Premium Income ETFScore 62
  5. Rank 19DXBTYGraniteShares YieldBOOST Bitcoin ETFScore 33
  6. Rank 20DXEYGraniteShares YieldBOOST Ether ETFScore 25
  7. Rank 21FMAXISimplify Bitcoin Strategy PLUS Income ETFScore 23

Our read on each fund

ETF.net Research

BAGYBAmplify Bitcoin Max Income Covered Call ETF

XEYDGraniteShares YieldBOOST Ether ETF

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.

XEY Most crypto income funds sell calls on the coin. XEY sells puts on 2x Ether ETFs, harvesting the fatter premiums that leverage creates, and pays weekly. The fund itself holds no leverage; the leverage lives inside the options it writes.

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.

XEY XEY seeks to generate income mainly by selling puts on leveraged ETFs designed to deliver twice the daily performance of Ether, targeting twice the option income. It also seeks exposure to that leveraged ETF's performance, with potential gains capped.

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.
  • XEY The twist: it writes puts on leveraged Ether ETFs rather than on Ether, aiming for twice the option income of the plain version.graniteshares.com
  • The YieldBOOST structure sells near-the-money puts and buys further out-of-the-money puts, so the downside on the options leg is defined rather than open-ended.graniteshares.com
  • Distributions land weekly, not monthly or quarterly, across the whole YieldBOOST shelf.graniteshares.comgraniteshares.com 2

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.
  • XEY At 1.07%, the fee sits above what a typical crypto options-income peer charges; CEPI and BAGY run their versions cheaper.
  • Selling puts means the strike levels cap the upside while Ether's drawdowns still come through. The issuer also discloses that payouts can include return of capital.graniteshares.com
  • A 2026 launch, still small and lightly traded. Thin volume can mean wider spreads, so limit orders matter here.

Full BAGY profile⁠

Full XEY profile⁠

BAGY vs XEY 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 XEY Cost

Overpaying XEY vs BAGY

$8,826

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

  • BAGY 0.65%

    $12,717

  • XEY 1.18%

    $21,543

$10,000
30 years

Cost over time

  • BAGY 0.65%
  • XEY 1.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530XEY $21,543BAGY $12,717

Year by year

YearBAGYXEYOverpaying
10$1,163$2,065$902
20$4,440$7,697$3,257
30$12,717$21,543$8,826

Expense ratio

  • 0.65%BAGY, cheaper
  • 1.18%XEY
  • Middle half of Crypto Option Income funds
  • Median 0.85%

BAGY cheapest of 21 funds

XEY 19th cheapest of 21 funds

BAGY vs XEY Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
BAGY 49.11%
XEY No data
Payout (12M)
BAGY $9.95
XEY No data
Last payment
BAGY $0.56
XEY $0.12
Ex-dividend
BAGY Oct 29, 2026
XEY Nov 6, 2026
Paid on
BAGY Oct 30, 2026
XEY Pays Nov 10, 2026
Frequency
BAGY Monthly
XEY Weekly

Distribution history

Per share, 2026, same scale for both

BAGYMonthly · 10 paymentsAll BAGY payments⁠
One bar per payment. 10 payments in 2026 YTD. 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$12026YTD
XEYWeekly · 28 paymentsAll XEY payments⁠
One bar per payment. 28 payments in 2026 YTD. May 1, 2026 $0.37; May 8, 2026 $0.39; May 15, 2026 $0.24; May 22, 2026 $0.23; May 29, 2026 $0.23; Jun 5, 2026 $0.22; Jun 12, 2026 $0.21; Jun 18, 2026 $0.21; Jun 26, 2026 $0.20; Jul 2, 2026 $0.18; Jul 10, 2026 $0.19; Jul 17, 2026 $0.19; Jul 24, 2026 $0.19; Jul 31, 2026 $0.20; Aug 7, 2026 $0.19; Aug 14, 2026 $0.15; Aug 21, 2026 $0.13; Aug 28, 2026 $0.14; Sep 4, 2026 $0.13; Sep 11, 2026 $0.13; Sep 18, 2026 $0.14; Sep 25, 2026 $0.14; Oct 2, 2026 $0.13; Oct 9, 2026 $0.14; Oct 16, 2026 $0.13; Oct 23, 2026 $0.12; Oct 30, 2026 $0.12; Nov 6, 2026 $0.12. Use the arrow keys to read each point.$0$12026YTD

BAGY vs XEY 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 2025XEY No data
Return per unit of riskSharpe ratio, 3 years
BAGY −0.85since Jun 2025XEY No data
Worst fallMax drawdown, 5 years
BAGY −50.6%since May 2025XEY No data
Market sensitivityBeta, 5 years
BAGY 1.39XEY 0.60

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