AMDL vs. AMD
AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund tracking the Advanced Micro Devices, Inc. (200%), while AMD (Advanced Micro Devices, Inc.) is a stock. Over the past year, AMDL returned 325.41% vs 177.32% for AMD. Their 1.00 correlation means they have historically moved very closely together.
Performance
AMDL vs. AMD - Performance Comparison
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Returns By Period
In the year-to-date period, AMDL achieves a 232.67% return, which is significantly higher than AMD's 122.33% return.
AMDL
- 1D
- -3.34%
- 1M
- -20.60%
- 6M
- 179.62%
- YTD
- 232.67%
- 1Y
- 325.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 34.79%
AMD
- 1D
- -1.90%
- 1M
- -8.05%
- 6M
- 101.14%
- YTD
- 122.33%
- 1Y
- 177.32%
- 3Y*
- 59.38%
- 5Y*
- 35.00%
- 10Y*
- 54.21%
- ALL TIME*
- 9.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.68B | $14.29B | $16.05B | |
| $184.60M | $207.34M | $361.62M |
AMDL vs. AMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMDL GraniteShares 2x Long AMD Daily ETF | 232.67% | 103.00% | -69.97% |
AMD Advanced Micro Devices, Inc. | 122.33% | 77.30% | -36.78% |
Correlation
The correlation between AMDL and AMD is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024 | 1.00 |
The correlation between AMDL and AMD has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
AMDL vs. AMD — Risk / Return Rank
AMDL
AMD
AMDL vs. AMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and Advanced Micro Devices, Inc. (AMD). 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 | AMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.44 | 6.16 | -0.73 |
| Martin ratioReturn relative to average drawdown | 10.24 | 12.22 | -1.98 |
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Drawdowns
AMDL vs. AMD - Drawdown Comparison
The maximum AMDL drawdown since its inception was -88.63%, smaller than the maximum AMD drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for AMDL and AMD.
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Drawdown Indicators
| AMDL | AMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.63% | -96.59% | +7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -56.13% | -27.76% | -28.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -65.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.45% | — |
Current DrawdownCurrent decline from peak | -37.49% | -18.03% | -19.46% |
Average DrawdownAverage peak-to-trough decline | -46.51% | -56.50% | +9.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.74% | 13.97% | +15.77% |
Volatility
AMDL vs. AMD - Volatility Comparison
GraniteShares 2x Long AMD Daily ETF (AMDL) has a higher volatility of 48.46% compared to Advanced Micro Devices, Inc. (AMD) at 24.42%. This indicates that AMDL's price experiences larger fluctuations and is considered to be riskier than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMDL | AMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 48.46% | 24.42% | +24.04% |
Volatility (6M)Calculated over the trailing 6-month period | 112.40% | 56.14% | +56.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 142.48% | 71.36% | +71.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 120.98% | 56.94% | +64.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 120.98% | 57.00% | +63.98% |
Dividends
AMDL vs. AMD - Dividend Comparison
Neither AMDL nor AMD has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, AMDL and AMD 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.
AMDL has higher volatility (48.46%) compared to AMD (24.42%). In terms of maximum drawdown, AMDL dropped -88.63% vs AMD's -96.59%.
AMD currently has the higher Sharpe Ratio (2.40 vs 2.14), 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.
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