AMDG vs. ABNG

Last updated Jun 5, 2026

AMDG (Leverage Shares 2X Long AMD Daily ETF) and ABNG (Leverage Shares 2x Long ABNB Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AMDG vs. ABNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long AMD Daily ETF (AMDG) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDG achieves a 357.64% return, which is significantly higher than ABNG's -12.01% return.

AMDG

• 1D: -6.80%
• 1M: 102.23%
• YTD: 357.64%
• 6M: 342.85%
• 1Y: 1,059.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABNG

• 1D: 0.34%
• 1M: -9.63%
• YTD: -12.01%
• 6M: 9.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDG vs. ABNG - Yearly Performance Comparison

	2026 (YTD)	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	357.64%	-23.56%
ABNG Leverage Shares 2x Long ABNB Daily ETF	-12.01%	30.68%

Correlation

The correlation between AMDG and ABNG is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.21

Return for Risk

AMDG vs. ABNG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMDG

AMDG Risk / Return Rank: 96
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 93
AMDG Omega Ratio Rank: 92
AMDG Calmar Ratio Rank: 98
AMDG Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMDG vs. ABNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long AMD Daily ETF (AMDG) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). 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.

	AMDG	ABNG	Difference
Sharpe ratio: Return per unit of total volatility	8.25	—	—
Sortino ratio: Return per unit of downside risk	4.60	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	18.97	—	—
Martin ratio: Return relative to average drawdown	37.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMDG	ABNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.14	0.47	+2.66

Drawdowns

AMDG vs. ABNG - Drawdown Comparison

The maximum AMDG drawdown since its inception was -63.04%, which is greater than ABNG's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for AMDG and ABNG.

Drawdown Indicators

	AMDG	ABNG	Difference
Max Drawdown Largest peak-to-trough decline	-63.04%	-33.03%	-30.01%
Max Drawdown (1Y) Largest decline over 1 year	-56.48%	—	—
Current Drawdown Current decline from peak	-6.80%	-17.07%	+10.27%
Average Drawdown Average peak-to-trough decline	-25.64%	-11.77%	-13.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.80%	—	—

Volatility

Volatility by Period

	AMDG	ABNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	95.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	129.86%	62.89%	+66.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.24%	62.89%	+67.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	130.24%	62.89%	+67.35%

AMDG vs. ABNG - Expense Ratio Comparison

Both AMDG and ABNG have an expense ratio of 0.75%.

Dividends

AMDG vs. ABNG - Dividend Comparison

AMDG's dividend yield for the trailing twelve months is around 2.45%, while ABNG has not paid dividends to shareholders.

Position	TTM	2025
ABNG Leverage Shares 2x Long ABNB Daily ETF	0.00%	0.00%
AMDG Leverage Shares 2X Long AMD Daily ETF	2.45%	11.21%

Frequently Asked Questions

Can I hold both AMDG and ABNG in my portfolio?

AMDG and ABNG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDG or ABNG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDG or ABNG?

AMDG and ABNG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AMDG or ABNG?

AMDG has the higher dividend yield at 2.45%, compared with 0.00% for ABNG.