AMA vs. ADBG
AMA (Defiance Daily Target 2X Long AMAT ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.52, they often move in opposite directions. AMA charges 1.29%/yr vs 0.75%/yr for ADBG.
Performance
AMA vs. ADBG - Performance Comparison
Loading charts...
Returns By Period
AMA
- 1D
- -6.84%
- 1M
- -11.50%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADBG
- 1D
- 9.60%
- 1M
- 25.57%
- 6M
- -49.08%
- YTD
- -62.04%
- 1Y
- -67.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMA vs. ADBG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AMA Defiance Daily Target 2X Long AMAT ETF | 37.78% |
ADBG Leverage Shares 2X Long ADBE Daily ETF | -13.00% |
Correlation
The correlation between AMA and ADBG is -0.52, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | -0.52 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMA vs. ADBG — Risk / Return Rank
AMA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ADBG
AMA vs. ADBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AMAT ETF (AMA) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AMA | ADBG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.81 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.86 | — |
| Martin ratioReturn relative to average drawdown | — | -1.46 | — |
Loading charts...
Drawdowns
AMA vs. ADBG - Drawdown Comparison
The maximum AMA drawdown since its inception was -42.98%, smaller than the maximum ADBG drawdown of -84.14%. Use the drawdown chart below to compare losses from any high point for AMA and ADBG.
Loading charts...
Drawdown Indicators
| AMA | ADBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.98% | -84.14% | +41.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -78.97% | — |
Current DrawdownCurrent decline from peak | -42.70% | -76.95% | +34.25% |
Average DrawdownAverage peak-to-trough decline | -13.49% | -44.86% | +31.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 46.32% | — |
Volatility
AMA vs. ADBG - Volatility Comparison
Loading charts...
Volatility by Period
| AMA | ADBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 23.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 61.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 182.25% | 71.84% | +110.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 182.25% | 69.74% | +112.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 182.25% | 69.74% | +112.51% |
AMA vs. ADBG - Expense Ratio Comparison
AMA has a 1.29% expense ratio, which is higher than ADBG's 0.75% expense ratio.
Dividends
AMA vs. ADBG - Dividend Comparison
Neither AMA nor ADBG has paid dividends to shareholders.
Frequently Asked Questions
AMA and ADBG have a correlation of -0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ADBG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ADBG is cheaper with a 0.75% expense ratio, compared with 1.29% for AMA.
AMA and ADBG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for AMA and 0.75% for ADBG.
Find the right allocation for AMA and ADBG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer