AMA vs. UUUG

Last updated Jul 17, 2026

AMA (Defiance Daily Target 2X Long AMAT ETF) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds. AMA is actively managed, while UUUG is passively managed. A 0.58 correlation means they provide meaningful diversification when combined. AMA charges 1.29%/yr vs 0.75%/yr for UUUG.

Performance

AMA vs. UUUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long AMAT ETF (AMA) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMA

• 1D: -6.84%
• 1M: -11.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UUUG

• 1D: -15.47%
• 1M: -44.54%
• 6M: -81.08%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMA vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
AMA Defiance Daily Target 2X Long AMAT ETF	37.78%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-62.82%

Correlation

The correlation between AMA and UUUG is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.58

Return for Risk

AMA vs. UUUG - 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 UUUU Daily ETF (UUUG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AMA vs. UUUG - Drawdown Comparison

The maximum AMA drawdown since its inception was -42.98%, smaller than the maximum UUUG drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for AMA and UUUG.

Drawdown Indicators

	AMA	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-42.98%	-88.74%	+45.76%
Current Drawdown Current decline from peak	-42.70%	-88.74%	+46.04%
Average Drawdown Average peak-to-trough decline	-13.49%	-57.95%	+44.46%

Volatility

Volatility by Period

	AMA	UUUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	182.25%	181.16%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	182.25%	181.16%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	182.25%	181.16%	+1.09%

AMA vs. UUUG - Expense Ratio Comparison

AMA has a 1.29% expense ratio, which is higher than UUUG's 0.75% expense ratio.

Dividends

AMA vs. UUUG - Dividend Comparison

Neither AMA nor UUUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AMA and UUUG in my portfolio?

AMA and UUUG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMA or UUUG?

On fees, UUUG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMA or UUUG?

UUUG is cheaper with a 0.75% expense ratio, compared with 1.29% for AMA.

Which ETF pays a higher dividend yield, AMA or UUUG?

AMA and UUUG have nearly identical dividend yields, around 0.00%.

What is the main difference between AMA and UUUG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for AMA and 0.75% for UUUG.