AMDG vs. YCS

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long AMD Daily ETF (AMDG) and ProShares UltraShort Yen (YCS).

AMDG and YCS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMDG is an actively managed fund by Leverage Shares. It was launched on Jan 24, 2025. YCS is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 25, 2008.

Performance

AMDG vs. YCS - Performance Comparison

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

AMDG vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	-21.97%	96.98%
YCS ProShares UltraShort Yen	4.09%	8.08%

Returns By Period

In the year-to-date period, AMDG achieves a -21.97% return, which is significantly lower than YCS's 4.09% return.

AMDG

• 1D: 7.34%
• 1M: -0.57%
• YTD: -21.97%
• 6M: 16.89%
• 1Y: 133.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: -1.38%
• 1M: 3.58%
• YTD: 4.09%
• 6M: 18.84%
• 1Y: 19.59%
• 3Y*: 23.69%
• 5Y*: 22.26%
• 10Y*: 10.90%

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

AMDG vs. YCS - Expense Ratio Comparison

AMDG has a 0.75% expense ratio, which is lower than YCS's 1.00% expense ratio.

YCS

ProShares UltraShort Yen

AMDG

Leverage Shares 2X Long AMD Daily ETF

Return for Risk

AMDG vs. YCS — Risk / Return Rank

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

AMDG

AMDG Risk / Return Rank: 70
AMDG Sharpe Ratio Rank: 61
AMDG Sortino Ratio Rank: 82
AMDG Omega Ratio Rank: 76
AMDG Calmar Ratio Rank: 83
AMDG Martin Ratio Rank: 49

YCS

YCS Risk / Return Rank: 54
YCS Sharpe Ratio Rank: 54
YCS Sortino Ratio Rank: 53
YCS Omega Ratio Rank: 48
YCS Calmar Ratio Rank: 67
YCS Martin Ratio Rank: 49

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. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long AMD Daily ETF (AMDG) and ProShares UltraShort Yen (YCS). 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	YCS	Difference
Sharpe ratio Return per unit of total volatility	1.04	0.94	+0.09
Sortino ratio Return per unit of downside risk	2.13	1.36	+0.78
Omega ratio Gain probability vs. loss probability	1.28	1.18	+0.10
Calmar ratio Return relative to maximum drawdown	2.32	1.67	+0.65
Martin ratio Return relative to average drawdown	4.53	4.52	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMDG vs. YCS - Sharpe Ratio Comparison

The current AMDG Sharpe Ratio is 1.04, which is comparable to the YCS Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of AMDG and YCS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMDG	YCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.94	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.07	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.32	+0.03

Correlation

The correlation between AMDG and YCS is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMDG vs. YCS - Dividend Comparison

AMDG's dividend yield for the trailing twelve months is around 14.36%, while YCS has not paid dividends to shareholders.

	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	14.36%	11.21%
YCS ProShares UltraShort Yen	0.00%	0.00%

Drawdowns

AMDG vs. YCS - Drawdown Comparison

The maximum AMDG drawdown since its inception was -63.04%, which is greater than YCS's maximum drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for AMDG and YCS.

Drawdown Indicators

	AMDG	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-63.04%	-49.56%	-13.48%
Max Drawdown (1Y) Largest decline over 1 year	-56.48%	-12.07%	-44.41%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-52.31%	-1.87%	-50.44%
Average Drawdown Average peak-to-trough decline	-27.66%	-20.12%	-7.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.88%	4.45%	+24.43%

Volatility

AMDG vs. YCS - Volatility Comparison

Leverage Shares 2X Long AMD Daily ETF (AMDG) has a higher volatility of 33.06% compared to ProShares UltraShort Yen (YCS) at 4.81%. This indicates that AMDG's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMDG	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.06%	4.81%	+28.25%
Volatility (6M) Calculated over the trailing 6-month period	98.59%	12.33%	+86.26%
Volatility (1Y) Calculated over the trailing 1-year period	129.74%	20.84%	+108.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.94%	20.93%	+104.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.94%	19.23%	+105.71%