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GraniteShares 2x Long AMZN Daily ETF (AMZZ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Inception Date

Mar 15, 2024

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Expense Ratio

AMZZ has a high expense ratio of 1.15%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

GraniteShares 2x Long AMZN Daily ETF (AMZZ) returned -23.99% year-to-date (YTD) and 0.66% over the past 12 months.


AMZZ

YTD

-23.99%

1M

14.17%

6M

-7.14%

1Y

0.66%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-1.34%

1M

5.80%

6M

-2.79%

1Y

9.39%

3Y*

13.76%

5Y*

14.45%

10Y*

10.68%

*Annualized

Monthly Returns

The table below presents the monthly returns of AMZZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202516.03%-21.10%-21.18%-10.06%17.12%-23.99%
20246.25%-5.95%-0.87%18.86%-7.58%-11.11%7.45%-1.27%22.59%9.99%38.36%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AMZZ is 23, meaning it’s performing worse than 77% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AMZZ is 2323
Overall Rank
The Sharpe Ratio Rank of AMZZ is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZZ is 3232
Sortino Ratio Rank
The Omega Ratio Rank of AMZZ is 3030
Omega Ratio Rank
The Calmar Ratio Rank of AMZZ is 1616
Calmar Ratio Rank
The Martin Ratio Rank of AMZZ is 1717
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for GraniteShares 2x Long AMZN Daily ETF (AMZZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

GraniteShares 2x Long AMZN Daily ETF Sharpe ratios as of May 25, 2025 (values are recalculated daily):

  • 1-Year: 0.00
  • All Time: 0.07

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of GraniteShares 2x Long AMZN Daily ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History


GraniteShares 2x Long AMZN Daily ETF doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the GraniteShares 2x Long AMZN 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 AMZN Daily ETF was 55.28%, occurring on Apr 21, 2025. The portfolio has not yet recovered.

The current GraniteShares 2x Long AMZN Daily ETF drawdown is 36.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.28%Feb 5, 202552Apr 21, 2025
-37.35%Jul 3, 202423Aug 5, 202467Nov 7, 202490
-16.19%Apr 12, 202410Apr 25, 202442Jun 26, 202452
-15.73%Nov 14, 20247Nov 22, 20247Dec 4, 202414
-13.45%Dec 17, 202418Jan 14, 20255Jan 22, 202523
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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