AMDL vs. AAPL
AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while AAPL (Apple Inc) is a stock. Over the past year, AMDL returned 978.63% vs 48.35% for AAPL. At a 0.30 correlation, their price movements are largely independent.
Performance
AMDL vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, AMDL achieves a 386.95% return, which is significantly higher than AAPL's 9.45% return.
AMDL
- 1D
- 5.43%
- 1M
- 30.82%
- YTD
- 386.95%
- 6M
- 382.29%
- 1Y
- 978.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- -0.34%
- 1M
- -3.82%
- YTD
- 9.45%
- 6M
- 9.81%
- 1Y
- 48.35%
- 3Y*
- 17.28%
- 5Y*
- 17.91%
- 10Y*
- 30.17%
AMDL vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMDL GraniteShares 2x Long AMD Daily ETF | 386.95% | 103.00% | -69.97% |
AAPL Apple Inc | 9.45% | 9.05% | 45.60% |
Correlation
The correlation between AMDL and AAPL is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024 | 0.30 |
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Return for Risk
AMDL vs. AAPL — Risk / Return Rank
AMDL
AAPL
AMDL vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and Apple Inc (AAPL). 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.
| AMDL | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.39 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 17.62 | 3.52 | +14.10 |
| Martin ratioReturn relative to average drawdown | 34.27 | 8.68 | +25.60 |
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Drawdowns
AMDL vs. AAPL - Drawdown Comparison
The maximum AMDL drawdown since its inception was -88.63%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for AMDL and AAPL.
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Drawdown Indicators
| AMDL | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.63% | -81.80% | -6.83% |
Max Drawdown (1Y)Largest decline over 1 year | -56.13% | -13.80% | -42.33% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -1.66% | -5.77% | +4.11% |
Average DrawdownAverage peak-to-trough decline | -47.80% | -29.58% | -18.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.80% | 5.59% | +23.21% |
Volatility
AMDL vs. AAPL - Volatility Comparison
GraniteShares 2x Long AMD Daily ETF (AMDL) has a higher volatility of 46.96% compared to Apple Inc (AAPL) at 7.01%. This indicates that AMDL's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMDL | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.96% | 7.01% | +39.95% |
Volatility (6M)Calculated over the trailing 6-month period | 101.28% | 16.59% | +84.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 134.09% | 22.59% | +111.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.34% | 27.52% | +90.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.34% | 28.94% | +89.40% |
Dividends
AMDL vs. AAPL - Dividend Comparison
AMDL has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.35% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
AMDL GraniteShares 2x Long AMD Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMDL and AAPL have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDL has higher volatility (46.96%) compared to AAPL (7.01%). In terms of maximum drawdown, AMDL dropped -88.63% vs AAPL's -81.80%.
AMDL currently has the higher Sharpe Ratio (7.39 vs 2.16), 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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