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HCOW vs HYFI

Amplify COWS Covered Call ETF vs AB High Yield ETF

HCOW

Amplify COWS Covered Call ETF

Amplify ETFs

Annual cost

0.65%

Fund size

$15M

HYFI

AB High Yield ETF

AllianceBernstein

Annual cost

0.40%

Fund size

$334M

Key differences

  • HYFI costs 0.25% less per year.
  • HYFI is significantly larger than HCOW — larger funds tend to be more liquid and less likely to close.
  • HCOW is classified as alternative, while HYFI is fixed income — different risk/return profiles.
  • HCOW follows a option income strategy; HYFI uses active selection.
  • HYFI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HCOWHYFI
Annual cost (TER)0.65%0.40%
Fund size (AUM)$15M$334M
Since20232016
Dividend yield11.68%6.79%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1Y+21.6%+8.7%
CAGR 3YN/A+9.3%
CAGR 5YN/AN/A
Sharpe 3YN/A1.02
Volatility 1Y14.11%3.98%
Max drawdown-24.15%-6.34%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HCOW and HYFI