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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.


Expense ratio chart for AMZZ: current value is 1.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AMZZ: 1.15%

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

The chart shows the growth of an initial investment of $10,000 in GraniteShares 2x Long AMZN Daily ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%NovemberDecember2025FebruaryMarchApril
-10.20%
8.15%
AMZZ (GraniteShares 2x Long AMZN Daily ETF)
Benchmark (^GSPC)

Returns By Period

GraniteShares 2x Long AMZN Daily ETF (AMZZ) returned -35.10% year-to-date (YTD) and -10.14% over the past 12 months.


AMZZ

YTD

-35.10%

1M

-10.06%

6M

-18.64%

1Y

-10.14%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-5.31%

1M

-0.76%

6M

-4.21%

1Y

10.59%

5Y*

14.55%

10Y*

10.23%

*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%-35.10%
20246.25%-5.95%-0.87%18.86%-7.58%-11.11%7.45%-1.27%22.59%9.99%38.36%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AMZZ is 13, meaning it’s performing worse than 87% 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 1313
Overall Rank
The Sharpe Ratio Rank of AMZZ is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZZ is 2020
Sortino Ratio Rank
The Omega Ratio Rank of AMZZ is 2020
Omega Ratio Rank
The Calmar Ratio Rank of AMZZ is 77
Calmar Ratio Rank
The Martin Ratio Rank of AMZZ is 99
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 chart of Sharpe ratio for AMZZ, currently valued at -0.21, compared to the broader market-1.000.001.002.003.004.00
AMZZ: -0.21
^GSPC: 0.47
The chart of Sortino ratio for AMZZ, currently valued at 0.16, compared to the broader market-2.000.002.004.006.008.00
AMZZ: 0.16
^GSPC: 0.79
The chart of Omega ratio for AMZZ, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
AMZZ: 1.02
^GSPC: 1.12
The chart of Calmar ratio for AMZZ, currently valued at -0.25, compared to the broader market0.002.004.006.008.0010.0012.00
AMZZ: -0.25
^GSPC: 0.49
The chart of Martin ratio for AMZZ, currently valued at -0.65, compared to the broader market0.0020.0040.0060.00
AMZZ: -0.65
^GSPC: 1.94

The current GraniteShares 2x Long AMZN Daily ETF Sharpe ratio is -0.21. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of GraniteShares 2x Long AMZN Daily ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80Mar 23Mar 30Apr 06Apr 13Apr 20Apr 27
-0.21
0.47
AMZZ (GraniteShares 2x Long AMZN Daily ETF)
Benchmark (^GSPC)

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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-46.07%
-9.36%
AMZZ (GraniteShares 2x Long AMZN Daily ETF)
Benchmark (^GSPC)

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 46.07%.


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

Volatility

Volatility Chart

The current GraniteShares 2x Long AMZN Daily ETF volatility is 38.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
38.11%
14.10%
AMZZ (GraniteShares 2x Long AMZN Daily ETF)
Benchmark (^GSPC)