AMDG vs. AMUU

Last updated Jun 23, 2026

AMDG (Leverage Shares 2X Long AMD Daily ETF) and AMUU (Direxion Daily AMD Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. Over the past year, AMDG returned 966.90% vs 984.73% for AMUU. With a 1.00 correlation, they move nearly in lockstep. AMDG charges 0.75%/yr vs 0.97%/yr for AMUU.

Performance

AMDG vs. AMUU - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with AMDG having a 384.47% return and AMUU slightly higher at 390.11%.

AMDG

• 1D: 4.82%
• 1M: 30.80%
• YTD: 384.47%
• 6M: 379.60%
• 1Y: 966.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMUU

• 1D: 5.57%
• 1M: 31.43%
• YTD: 390.11%
• 6M: 385.03%
• 1Y: 984.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDG vs. AMUU - Yearly Performance Comparison

	2026 (YTD)	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	384.47%	145.39%
AMUU Direxion Daily AMD Bull 2X Shares	390.11%	153.20%

Correlation

The correlation between AMDG and AMUU 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 Feb 12, 2025	1.00

The correlation between AMDG and AMUU has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

AMDG vs. AMUU — Risk / Return Rank

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

AMDG

AMDG Risk / Return Rank: 95
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 92
AMDG Omega Ratio Rank: 91
AMDG Calmar Ratio Rank: 98
AMDG Martin Ratio Rank: 96

AMUU

AMUU Risk / Return Rank: 95
AMUU Sharpe Ratio Rank: 99
AMUU Sortino Ratio Rank: 93
AMUU Omega Ratio Rank: 91
AMUU Calmar Ratio Rank: 98
AMUU 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. AMUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long AMD Daily ETF (AMDG) and Direxion Daily AMD Bull 2X Shares (AMUU). 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	AMUU	Difference
Sharpe ratio: Return per unit of total volatility	7.29	7.43	-0.13
Sortino ratio: Return per unit of downside risk	4.26	4.31	-0.04
Omega ratio: Gain probability vs. loss probability	1.57	1.57	0.00
Calmar ratio: Return relative to maximum drawdown	17.30	17.67	-0.38
Martin ratio: Return relative to average drawdown	33.56	34.34	-0.77

AMDG vs. AMUU - Sharpe Ratio Comparison

The current AMDG Sharpe Ratio is 7.29, which is comparable to the AMUU Sharpe Ratio of 7.43. The chart below compares the historical Sharpe Ratios of AMDG and AMUU, 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. AMUU - Drawdown Comparison

The maximum AMDG drawdown since its inception was -63.32%, which is greater than AMUU's maximum drawdown of -56.47%. Use the drawdown chart below to compare losses from any high point for AMDG and AMUU.

Drawdown Indicators

	AMDG	AMUU	Difference
Max Drawdown Largest peak-to-trough decline	-63.32%	-56.47%	-6.85%
Max Drawdown (1Y) Largest decline over 1 year	-56.48%	-56.31%	-0.17%
Current Drawdown Current decline from peak	-1.34%	-0.64%	-0.70%
Average Drawdown Average peak-to-trough decline	-25.43%	-22.50%	-2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.05%	28.92%	+0.13%

Volatility

AMDG vs. AMUU - Volatility Comparison

Leverage Shares 2X Long AMD Daily ETF (AMDG) and Direxion Daily AMD Bull 2X Shares (AMUU) have volatilities of 46.43% and 46.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMDG	AMUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.43%	46.38%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	101.85%	101.29%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	134.21%	134.26%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	132.22%	133.29%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132.22%	133.29%	-1.07%

AMDG vs. AMUU - Expense Ratio Comparison

AMDG has a 0.75% expense ratio, which is lower than AMUU's 0.97% expense ratio.

Dividends

AMDG vs. AMUU - Dividend Comparison

AMDG's dividend yield for the trailing twelve months is around 2.31%, less than AMUU's 2.85% yield.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.31%	11.21%
AMUU Direxion Daily AMD Bull 2X Shares	2.85%	13.58%

Frequently Asked Questions

Can I hold both AMDG and AMUU in my portfolio?

With a correlation of 1.00, AMDG and AMUU 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.

Which is riskier, AMDG or AMUU?

AMDG has higher volatility (46.43%) compared to AMUU (46.38%). In terms of maximum drawdown, AMDG dropped -63.32% vs AMUU's -56.47%.

Which ETF is better, AMDG or AMUU?

On 1-year performance, AMUU leads with 984.73% vs 966.90% for AMDG. On fees, AMDG is cheaper at 0.75% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMDG or AMUU?

Over the 1-year period, AMUU has performed better with a 984.73% return vs 966.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMDG or AMUU?

AMDG is cheaper with a 0.75% expense ratio, compared with 0.97% for AMUU.

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

AMUU has the higher dividend yield at 2.85%, compared with 2.31% for AMDG.

What is the main difference between AMDG and AMUU?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for AMDG and 0.97% for AMUU.

Which has better risk-adjusted returns?

AMUU currently has the higher Sharpe Ratio (7.43 vs 7.29), 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.