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 314 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% | 43.76M | Mar 2026 | AMA vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.51M | Sep 2021 | AMA vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 256.80M | May 2014 | AMA vs SPUU | |
| Leverage Shares 2X Long ALB Daily ETF | 0.75% | — | Jan 2026 | AMA vs ALBG | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | AMA vs PLUL |
Best Risk-Adjusted Alternatives to AMA
Among 269 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 4.43B | Oct 2024 | AMA vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 613.73M | Nov 2024 | AMA vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.71M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.25M | Apr 2021 | AMA vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 325.47M | Feb 2025 | AMA vs INTW |
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 555.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 555.24% | 113.28M | Feb 2025 | AMA vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 465.14% | 4.43B | Oct 2024 | AMA vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 450.51% | 613.73M | Nov 2024 | AMA vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 334.33% | 68.29M | Nov 2025 | AMA vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 332.54% | 325.47M | Feb 2025 | AMA vs INTW |
Lowest Volatility Alternatives to AMA
AMA has 180.21% 1-year volatility. There are 379 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.79% | 22.71M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.28% | 20.25M | Apr 2021 | AMA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.29M | Jul 2021 | AMA vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.58% | 66.47M | Apr 2021 | AMA vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.69% | 20.22M | Jul 2021 | AMA vs QTJL |
Lowest Drawdown Alternatives to AMA
Among 269 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% | 22.71M | Apr 2021 | AMA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.25M | Apr 2021 | AMA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.29M | Jul 2021 | AMA vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.22M | Jul 2021 | AMA vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 66.47M | Apr 2021 | AMA vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 10 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 69 | 29.22% | 5.32B | Sep 2018 | AMA vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Nasdaq-100, Options Trading, Dividend | 51 | 12.87% | 184.23M | Sep 2023 | AMA vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities | 2 | -76.49% | 149.54M | Aug 2024 | AMA vs MSTX | |
| Defiance AI & Power Infrastructure ETF | Building & Construction, Technology Equities | — | 32.91% | 895.41M | Jul 2025 | AMA vs AIPO | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 68 | 11.25% | 178.34M | Oct 2024 | AMA vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Nasdaq-100, Derivative Income | 42 | 12.39% | 44.63M | Jun 2024 | AMA vs QQQT | |
| Defiance Drone and Modern Warfare ETF | Aerospace & Defense | — | -2.72% | 130.11M | Sep 2025 | AMA vs JEDI | |
| Defiance R2000 Weekly Distribution ETF | Options Trading | 39 | 13.63% | 97.48M | Oct 2023 | AMA vs IWMY | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 60 | 8.57% | 152.07M | Mar 2024 | AMA vs SPYT | |
| Defiance Oil Enhanced Options Income ETF | Derivative Income | 42 | 48.30% | 64.93M | May 2024 | AMA vs USOY |
Often Compared With AMA
Investors most often compare AMA with AMDG, ASMG, FCXG. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare AMA with Any Fund or Stock
Compare AMA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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