Defiance Daily Target 2X Long AMAT ETF (AMA) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AMA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMA
AMA charges 1.29% annually. There are 308 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 34.82M | Mar 2026 | AMA vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.88M | Sep 2021 | AMA vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 245.47M | May 2014 | AMA vs SPUU | |
| Leverage Shares 2X Long OKTA Daily ETF | 0.75% | 3.47M | Nov 2025 | AMA vs OKTG | |
| Leverage Shares 2X Long FUTU Daily ETF | 0.75% | 40.06M | Oct 2025 | AMA vs FUTG |
Best Risk-Adjusted Alternatives to AMA
Among 260 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 99 | 1.70B | Nov 2024 | AMA vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 98 | 762.39M | Feb 2025 | AMA vs INTW | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.45M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.21M | Apr 2021 | AMA vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 29.70B | Mar 2010 | AMA vs SOXL |
Top Performing AMA Alternatives (YTD)
Among 384 ETFs in the Leveraged Equities category with YTD return data, the top-performing alternatives shown here go as high as 926.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 926.31% | 1.70B | Nov 2024 | AMA vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 839.42% | 762.39M | Feb 2025 | AMA vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 836.36% | 123.00M | Nov 2025 | AMA vs LINT | |
| GraniteShares 2x Long DELL Daily ETF | 770.40% | 150.09M | Feb 2025 | AMA vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 699.93% | 1.05B | Mar 2025 | AMA vs MVLL |
Lowest Volatility Alternatives to AMA
AMA has 181.63% 1-year volatility. There are 371 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.45M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.10% | 20.21M | Apr 2021 | AMA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.34% | 13.36M | Jul 2021 | AMA vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.86% | 22.19M | Jul 2021 | AMA vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.50% | 68.71M | Apr 2021 | AMA vs XDSQ |
Lowest Drawdown Alternatives to AMA
Among 260 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.45M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.21M | Apr 2021 | AMA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.36M | Jul 2021 | AMA vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.19M | Jul 2021 | AMA vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.71M | Apr 2021 | AMA vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 11 categories. AUM among these funds goes as high as $6B.
Compare AMA with Any Fund or Stock
Compare AMA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair AMA with funds that move differently
Defiance Daily Target 2X Long AMAT ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMA.
Explore AMA Diversifiers