AMDL vs. USFR

Last updated Jun 23, 2026

AMDL (GraniteShares 2x Long AMD Daily ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - AMDL is a Leveraged Equities fund actively managed by GraniteShares, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. AMDL is actively managed, while USFR is passively managed. Over the past year, AMDL returned 978.63% vs 3.97% for USFR. At a correlation of -0.08, they often move in opposite directions. AMDL charges 1.15%/yr vs 0.15%/yr for USFR.

Performance

AMDL vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AMD Daily ETF (AMDL) and WisdomTree Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDL achieves a 386.95% return, which is significantly higher than USFR's 1.78% return.

AMDL

• 1D: 5.43%
• 1M: 30.82%
• YTD: 386.95%
• 6M: 382.29%
• 1Y: 978.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USFR

• 1D: 0.00%
• 1M: 0.29%
• YTD: 1.78%
• 6M: 1.89%
• 1Y: 3.97%
• 3Y*: 4.72%
• 5Y*: 3.70%
• 10Y*: 2.43%

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

AMDL vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMDL GraniteShares 2x Long AMD Daily ETF	386.95%	103.00%	-69.97%
USFR WisdomTree Floating Rate Treasury Fund	1.78%	4.23%	4.19%

Correlation

The correlation between AMDL and USFR is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024	-0.08

Return for Risk

AMDL vs. USFR — Risk / Return Rank

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

AMDL

AMDL Risk / Return Rank: 95
AMDL Sharpe Ratio Rank: 99
AMDL Sortino Ratio Rank: 93
AMDL Omega Ratio Rank: 91
AMDL Calmar Ratio Rank: 98
AMDL Martin Ratio Rank: 96

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

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.

AMDL vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and WisdomTree Floating Rate Treasury Fund (USFR). 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	USFR	Difference
Sharpe ratio: Return per unit of total volatility	7.39	14.65	-7.26
Sortino ratio: Return per unit of downside risk	4.31	49.88	-45.57
Omega ratio: Gain probability vs. loss probability	1.57	13.24	-11.68
Calmar ratio: Return relative to maximum drawdown	17.62	200.29	-182.68
Martin ratio: Return relative to average drawdown	34.27	775.73	-741.46

AMDL vs. USFR - Sharpe Ratio Comparison

The current AMDL Sharpe Ratio is 7.39, which is lower than the USFR Sharpe Ratio of 14.65. The chart below compares the historical Sharpe Ratios of AMDL and USFR, 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

AMDL vs. USFR - Drawdown Comparison

The maximum AMDL drawdown since its inception was -88.63%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for AMDL and USFR.

Drawdown Indicators

	AMDL	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-88.63%	-1.36%	-87.27%
Max Drawdown (1Y) Largest decline over 1 year	-56.13%	-0.02%	-56.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-1.66%	0.00%	-1.66%
Average Drawdown Average peak-to-trough decline	-47.80%	-0.15%	-47.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.80%	0.01%	+28.79%

Volatility

AMDL vs. USFR - Volatility Comparison

GraniteShares 2x Long AMD Daily ETF (AMDL) has a higher volatility of 46.96% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that AMDL's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMDL	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.96%	0.08%	+46.88%
Volatility (6M) Calculated over the trailing 6-month period	101.28%	0.19%	+101.09%
Volatility (1Y) Calculated over the trailing 1-year period	134.09%	0.27%	+133.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.34%	0.40%	+117.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	118.34%	0.78%	+117.56%

AMDL vs. USFR - Expense Ratio Comparison

AMDL has a 1.15% expense ratio, which is higher than USFR's 0.15% expense ratio.

Dividends

AMDL vs. USFR - Dividend Comparison

AMDL has not paid dividends to shareholders, while USFR's dividend yield for the trailing twelve months is around 3.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
USFR WisdomTree Floating Rate Treasury Fund	3.91%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Frequently Asked Questions

Can I hold both AMDL and USFR in my portfolio?

AMDL and USFR have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMDL or USFR?

AMDL has higher volatility (46.96%) compared to USFR (0.08%). In terms of maximum drawdown, AMDL dropped -88.63% vs USFR's -1.36%.

Which ETF is better, AMDL or USFR?

On 1-year performance, AMDL leads with 978.63% vs 3.97% for USFR. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMDL or USFR?

Over the 1-year period, AMDL has performed better with a 978.63% return vs 3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMDL or USFR?

USFR is cheaper with a 0.15% expense ratio, compared with 1.15% for AMDL.

Which ETF pays a higher dividend yield, AMDL or USFR?

USFR has the higher dividend yield at 3.91%, compared with 0.00% for AMDL.

What is the main difference between AMDL and USFR?

AMDL is categorized as Leveraged Equities, while USFR is Government Bonds. They also come from different issuers: GraniteShares and WisdomTree. Their fees differ too: 1.15% for AMDL and 0.15% for USFR.

Which has better risk-adjusted returns?

USFR currently has the higher Sharpe Ratio (14.65 vs 7.39), 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.