- Issuer
- GraniteShares
- Inception Date
- Mar 4, 2024
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Advanced Micro Devices, Inc. (200%)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Mega-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $1B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AMDL Performance Chart
GraniteShares 2x Long AMD Daily ETF (AMDL) is up 379.3% since the beginning of the year. AMDL is currently trading at $75 per share.
Loading charts...
Returns By Period
GraniteShares 2x Long AMD Daily ETF (AMDL) has returned 379.29% so far this year and 729.03% over the past 12 months.
GraniteShares 2x Long AMD Daily ETF
- 1D
- 4.15%
- 1M
- 12.69%
- 6M
- 436.19%
- YTD
- 379.29%
- 1Y
- 729.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.42%
- 1M
- 1.94%
- 6M
- 8.74%
- YTD
- 10.66%
- 1Y
- 21.02%
- 3Y*
- 19.50%
- 5Y*
- 11.63%
- 10Y*
- 13.41%
AMDL Monthly Returns History
Based on dividend-adjusted daily data since Mar 18, 2024, AMDL's average daily return is +0.46%, while the average monthly return is +11.61%. At this rate, an investment would double in approximately 0.5 years.
Historically, 41% of months were positive and 59% were negative. The best month was Apr 2026 with a return of +189.1%, while the worst month was Feb 2026 at -33.7%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 5 months.
On a daily basis, AMDL closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +47.6%, while the worst single day was Feb 4, 2026 at -34.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.97% | -33.73% | -0.41% | 189.11% | 98.07% | 18.35% | -9.93% | 379.29% | |||||
| 2025 | -10.18% | -27.33% | 2.80% | -18.29% | 26.90% | 59.66% | 50.88% | -17.29% | -2.73% | 129.82% | -31.13% | -4.89% | 103.00% |
| 2024 | -13.17% | -25.06% | 6.81% | -7.28% | -23.91% | 2.24% | 18.84% | -25.66% | -10.62% | -24.16% | -69.97% |
Benchmark Metrics
GraniteShares 2x Long AMD Daily ETF has an annualized alpha of 37.01%, beta of 4.60, and R2 of 0.38 versus S&P 500 Index. Calculated based on daily prices since March 18, 2024.
- This ETF captured 950.62% of S&P 500 Index gains and 355.86% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.38 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 37.01%
- Beta
- 4.60
- R²
- 0.38
- Upside Capture
- 950.62%
- Downside Capture
- 355.86%
Expense Ratio
AMDL has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
AMDL ranks 96 for risk / return — in the top 96% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMDL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.30 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 13.56 | 2.28 | +11.28 |
| Martin ratioReturn relative to average drawdown | 26.24 | 9.88 | +16.36 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares 2x Long AMD Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GraniteShares 2x Long AMD Daily ETF was 88.63%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.
The current GraniteShares 2x Long AMD Daily ETF drawdown is 9.93%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -88.63%Apr 2025 | 1y 20d | 1y 14d | 2y 1moMar 2024 - Apr 2026 |
2026 bear market2026 | -32.40%Jun 2026 | 6d | 20d | 26dJun 2026 - Jun 2026 |
2026 bear market2026 | -22.43%Jul 2026 | 6d | — | 12d 9hJul 2026 - now |
2026 correction2026 | -19.05%May 2026 | 7d | 3d | 10dMay 2026 - May 2026 |
2026 correction2026 | -13.91%Apr 2026 | 1d | 2d | 3dApr 2026 - Apr 2026 |
Drawdown Indicators
| AMDL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.63% | -56.78% | -31.85% |
Max Drawdown (1Y)Largest decline over 1 year | -56.13% | -9.10% | -47.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -9.93% | -0.45% | -9.48% |
Average DrawdownAverage peak-to-trough decline | -47.02% | -10.71% | -36.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.94% | 2.09% | +26.85% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AMDL
Add GraniteShares 2x Long AMD Daily ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AMDL