AMDG vs. ADBG

Last updated Jun 24, 2026

AMDG (Leverage Shares 2X Long AMD Daily ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, AMDG returned 826.23% vs -79.05% for ADBG. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AMDG vs. ADBG - 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 ADBE Daily ETF (ADBG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDG achieves a 329.09% return, which is significantly higher than ADBG's -72.70% return.

AMDG

• 1D: -11.43%
• 1M: 15.85%
• YTD: 329.09%
• 6M: 325.72%
• 1Y: 826.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBG

• 1D: 2.95%
• 1M: -37.44%
• YTD: -72.70%
• 6M: -73.10%
• 1Y: -79.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDG vs. ADBG - Yearly Performance Comparison

	2026 (YTD)	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	329.09%	171.92%
ADBG Leverage Shares 2X Long ADBE Daily ETF	-72.70%	-29.61%

Correlation

The correlation between AMDG and ADBG is -0.11, 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 (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025	0.02

The correlation between AMDG and ADBG shifts across timeframes, from -0.11 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMDG vs. ADBG — Risk / Return Rank

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

AMDG

AMDG Risk / Return Rank: 94
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 91
AMDG Omega Ratio Rank: 89
AMDG Calmar Ratio Rank: 98
AMDG Martin Ratio Rank: 95

ADBG

ADBG Risk / Return Rank: 0
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 0
ADBG Omega Ratio Rank: 0
ADBG Calmar Ratio Rank: 1
ADBG Martin Ratio Rank: 1

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. ADBG - 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 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.

	AMDG	ADBG	Difference
Sharpe ratio: Return per unit of total volatility	6.20	-1.14	+7.35
Sortino ratio: Return per unit of downside risk	4.04	-2.40	+6.44
Omega ratio: Gain probability vs. loss probability	1.53	0.72	+0.81
Calmar ratio: Return relative to maximum drawdown	14.77	-0.98	+15.75
Martin ratio: Return relative to average drawdown	28.66	-1.68	+30.33

AMDG vs. ADBG - Sharpe Ratio Comparison

The current AMDG Sharpe Ratio is 6.20, which is higher than the ADBG Sharpe Ratio of -1.14. The chart below compares the historical Sharpe Ratios of AMDG and ADBG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMDG vs. ADBG - Drawdown Comparison

The maximum AMDG drawdown since its inception was -63.32%, smaller than the maximum ADBG drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for AMDG and ADBG.

Drawdown Indicators

	AMDG	ADBG	Difference
Max Drawdown Largest peak-to-trough decline	-63.32%	-83.90%	+20.58%
Max Drawdown (1Y) Largest decline over 1 year	-56.48%	-80.96%	+24.48%
Current Drawdown Current decline from peak	-12.62%	-83.42%	+70.80%
Average Drawdown Average peak-to-trough decline	-25.39%	-43.05%	+17.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.06%	47.09%	-18.03%

Volatility

AMDG vs. ADBG - Volatility Comparison

Leverage Shares 2X Long AMD Daily ETF (AMDG) has a higher volatility of 48.45% compared to Leverage Shares 2X Long ADBE Daily ETF (ADBG) at 32.31%. This indicates that AMDG's price experiences larger fluctuations and is considered to be riskier than ADBG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMDG	ADBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	48.45%	32.31%	+16.14%
Volatility (6M) Calculated over the trailing 6-month period	102.73%	59.28%	+43.45%
Volatility (1Y) Calculated over the trailing 1-year period	134.55%	69.23%	+65.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	132.44%	68.74%	+63.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132.44%	68.74%	+63.70%

AMDG vs. ADBG - Expense Ratio Comparison

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

Dividends

AMDG vs. ADBG - Dividend Comparison

AMDG's dividend yield for the trailing twelve months is around 2.61%, while ADBG has not paid dividends to shareholders.

Position	TTM	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	0.00%	0.00%
AMDG Leverage Shares 2X Long AMD Daily ETF	2.61%	11.21%

Frequently Asked Questions

Can I hold both AMDG and ADBG in my portfolio?

AMDG and ADBG have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMDG or ADBG?

AMDG has higher volatility (48.45%) compared to ADBG (32.31%). In terms of maximum drawdown, AMDG dropped -63.32% vs ADBG's -83.90%.

Which ETF is better, AMDG or ADBG?

On 1-year performance, AMDG leads with 826.23% vs -79.05% for ADBG. Both ETFs have the same 0.75% expense ratio. On volatility, ADBG has been the lower-risk option at 32.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMDG or ADBG?

Over the 1-year period, AMDG has performed better with a 826.23% return vs -79.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMDG or ADBG?

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

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

AMDG has the higher dividend yield at 2.61%, compared with 0.00% for ADBG.

Which has better risk-adjusted returns?

AMDG currently has the higher Sharpe Ratio (6.20 vs -1.14), 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.