AMDL vs. BTC-USD
AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund tracking the Advanced Micro Devices, Inc. (200%), while BTC-USD (Bitcoin) is a cryptocurrency. Over the past year, AMDL returned 337.66% vs -44.57% for BTC-USD. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
AMDL vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, AMDL achieves a 242.25% return, which is significantly higher than BTC-USD's -27.65% return.
AMDL
- 1D
- 2.88%
- 1M
- -18.31%
- 6M
- 166.77%
- YTD
- 242.25%
- 1Y
- 337.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.27%
BTC-USD
- 1D
- -0.30%
- 1M
- 0.35%
- 6M
- -19.52%
- YTD
- -27.65%
- 1Y
- -44.57%
- 3Y*
- 29.61%
- 5Y*
- 9.77%
- 10Y*
- 59.80%
- ALL TIME*
- 87.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $183.29M | $203.26M | $349.81M | |
BTC-USD Bitcoin | $1541.04T | $1614.90T | $2068.30T |
AMDL vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMDL GraniteShares 2x Long AMD Daily ETF | 242.25% | 103.00% | -69.97% |
BTC-USD Bitcoin | -27.65% | -6.27% | 36.60% |
Correlation
The correlation between AMDL and BTC-USD is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024 | 0.27 |
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Return for Risk
AMDL vs. BTC-USD — Risk / Return Rank
AMDL
BTC-USD
AMDL vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and Bitcoin (BTC-USD). 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 | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.42 | ||
| Sortino ratioReturn per unit of downside risk | +4.48 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.85 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 6.06 | -0.84 | +6.90 |
| Martin ratioReturn relative to average drawdown | 11.39 | -1.29 | +12.67 |
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Drawdowns
AMDL vs. BTC-USD - Drawdown Comparison
The maximum AMDL drawdown since its inception was -88.63%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for AMDL and BTC-USD.
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Drawdown Indicators
| AMDL | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.63% | -85.30% | -3.33% |
Max Drawdown (1Y)Largest decline over 1 year | -56.13% | -53.08% | -3.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -35.69% | -49.24% | +13.55% |
Average DrawdownAverage peak-to-trough decline | -46.49% | -42.74% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.82% | 25.03% | +4.79% |
Volatility
AMDL vs. BTC-USD - Volatility Comparison
GraniteShares 2x Long AMD Daily ETF (AMDL) has a higher volatility of 47.95% compared to Bitcoin (BTC-USD) at 8.46%. This indicates that AMDL's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMDL | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 47.95% | 8.46% | +39.49% |
Volatility (6M)Calculated over the trailing 6-month period | 111.57% | 33.65% | +77.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 142.56% | 35.87% | +106.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 120.89% | 43.64% | +77.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 120.89% | 56.22% | +64.67% |
Frequently Asked Questions
AMDL and BTC-USD have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDL has higher volatility (47.95%) compared to BTC-USD (8.46%). In terms of maximum drawdown, AMDL dropped -88.63% vs BTC-USD's -85.30%.
AMDL currently has the higher Sharpe Ratio (2.39 vs -1.03), 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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