AMD vs. AMDL
AMD (Advanced Micro Devices, Inc.) is a stock, while AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, AMD returned 362.47% vs 1189.78% for AMDL. With a 1.00 correlation, they move nearly in lockstep.
Performance
AMD vs. AMDL - Performance Comparison
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Returns By Period
In the year-to-date period, AMD achieves a 153.32% return, which is significantly lower than AMDL's 395.18% return.
AMD
- 1D
- 4.02%
- 1M
- 58.85%
- YTD
- 153.32%
- 6M
- 149.32%
- 1Y
- 362.47%
- 3Y*
- 66.35%
- 5Y*
- 46.07%
- 10Y*
- 62.75%
AMDL
- 1D
- 8.25%
- 1M
- 135.69%
- YTD
- 395.18%
- 6M
- 371.52%
- 1Y
- 1,189.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMD vs. AMDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMD Advanced Micro Devices, Inc. | 153.32% | 77.30% | -36.64% |
AMDL GraniteShares 2x Long AMD Daily ETF | 395.18% | 103.00% | -69.97% |
Correlation
The correlation between AMD and AMDL is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2024 | 1.00 |
The correlation between AMD and AMDL has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
AMD vs. AMDL — Risk / Return Rank
AMD
AMDL
AMD vs. AMDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Micro Devices, Inc. (AMD) and GraniteShares 2x Long AMD Daily ETF (AMDL). 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.
| AMD | AMDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.63 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 13.16 | 21.43 | -8.27 |
| Martin ratioReturn relative to average drawdown | 27.28 | 42.08 | -14.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMD | AMDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.64 | 9.30 | -3.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.56 | -0.39 |
Drawdowns
AMD vs. AMDL - Drawdown Comparison
The maximum AMD drawdown since its inception was -96.59%, which is greater than AMDL's maximum drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for AMD and AMDL.
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Drawdown Indicators
| AMD | AMDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.59% | -88.63% | -7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -27.76% | -56.13% | +28.37% |
Max Drawdown (3Y)Largest decline over 3 years | -63.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -65.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.45% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -56.68% | -48.58% | -8.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.36% | 28.53% | -15.17% |
Volatility
AMD vs. AMDL - Volatility Comparison
The current volatility for Advanced Micro Devices, Inc. (AMD) is 24.11%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 46.02%. This indicates that AMD experiences smaller price fluctuations and is considered to be less risky than AMDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMD | AMDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.11% | 46.02% | -21.91% |
Volatility (6M)Calculated over the trailing 6-month period | 47.17% | 94.09% | -46.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.84% | 129.41% | -64.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.25% | 116.59% | -61.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.83% | 116.59% | -59.76% |
Dividends
AMD vs. AMDL - Dividend Comparison
Neither AMD nor AMDL has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, AMD and AMDL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AMDL has higher volatility (46.02%) compared to AMD (24.11%). In terms of maximum drawdown, AMD dropped -96.59% vs AMDL's -88.63%.
AMDL currently has the higher Sharpe Ratio (9.30 vs 5.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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