AMUU vs. AMDG

Last updated Jun 23, 2026

AMUU (Direxion Daily AMD Bull 2X Shares) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, AMUU returned 984.73% vs 966.90% for AMDG. With a 1.00 correlation, they move nearly in lockstep. AMUU charges 0.97%/yr vs 0.75%/yr for AMDG.

Performance

AMUU vs. AMDG - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with AMUU having a 390.11% return and AMDG slightly lower at 384.47%.

AMUU

• 1D: 5.57%
• 1M: 31.43%
• YTD: 390.11%
• 6M: 385.03%
• 1Y: 984.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDG

• 1D: 4.82%
• 1M: 30.80%
• YTD: 384.47%
• 6M: 379.60%
• 1Y: 966.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMUU vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
AMUU Direxion Daily AMD Bull 2X Shares	390.11%	153.20%
AMDG Leverage Shares 2X Long AMD Daily ETF	384.47%	145.39%

Correlation

The correlation between AMUU and AMDG is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025	1.00

The correlation between AMUU and AMDG has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

AMUU vs. AMDG — Risk / Return Rank

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

AMUU

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

AMDG

AMDG Risk / Return Rank: 95
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 92
AMDG Omega Ratio Rank: 91
AMDG Calmar Ratio Rank: 98
AMDG Martin Ratio Rank: 96

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.

AMUU vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMD Bull 2X Shares (AMUU) and Leverage Shares 2X Long AMD Daily ETF (AMDG). 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.

	AMUU	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	7.43	7.29	+0.13
Sortino ratio: Return per unit of downside risk	4.31	4.26	+0.04
Omega ratio: Gain probability vs. loss probability	1.57	1.57	0.00
Calmar ratio: Return relative to maximum drawdown	17.67	17.30	+0.38
Martin ratio: Return relative to average drawdown	34.34	33.56	+0.77

AMUU vs. AMDG - Sharpe Ratio Comparison

The current AMUU Sharpe Ratio is 7.43, which is comparable to the AMDG Sharpe Ratio of 7.29. The chart below compares the historical Sharpe Ratios of AMUU and AMDG, 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

AMUU vs. AMDG - Drawdown Comparison

The maximum AMUU drawdown since its inception was -56.47%, smaller than the maximum AMDG drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for AMUU and AMDG.

Drawdown Indicators

	AMUU	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-56.47%	-63.32%	+6.85%
Max Drawdown (1Y) Largest decline over 1 year	-56.31%	-56.48%	+0.17%
Current Drawdown Current decline from peak	-0.64%	-1.34%	+0.70%
Average Drawdown Average peak-to-trough decline	-22.50%	-25.43%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.92%	29.05%	-0.13%

Volatility

AMUU vs. AMDG - Volatility Comparison

Direxion Daily AMD Bull 2X Shares (AMUU) and Leverage Shares 2X Long AMD Daily ETF (AMDG) have volatilities of 46.38% and 46.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMUU	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.38%	46.43%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	101.29%	101.85%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	134.26%	134.21%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	133.29%	132.22%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	133.29%	132.22%	+1.07%

AMUU vs. AMDG - Expense Ratio Comparison

AMUU has a 0.97% expense ratio, which is higher than AMDG's 0.75% expense ratio.

Dividends

AMUU vs. AMDG - Dividend Comparison

AMUU's dividend yield for the trailing twelve months is around 2.85%, more than AMDG's 2.31% yield.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.31%	11.21%
AMUU Direxion Daily AMD Bull 2X Shares	2.85%	13.58%

Frequently Asked Questions

Can I hold both AMUU and AMDG in my portfolio?

With a correlation of 1.00, AMUU and AMDG 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.

Which is riskier, AMUU or AMDG?

AMDG has higher volatility (46.43%) compared to AMUU (46.38%). In terms of maximum drawdown, AMUU dropped -56.47% vs AMDG's -63.32%.

Which ETF is better, AMUU or AMDG?

On 1-year performance, AMUU leads with 984.73% vs 966.90% for AMDG. On fees, AMDG is cheaper at 0.75% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMUU or AMDG?

Over the 1-year period, AMUU has performed better with a 984.73% return vs 966.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMUU or AMDG?

AMDG is cheaper with a 0.75% expense ratio, compared with 0.97% for AMUU.

Which ETF pays a higher dividend yield, AMUU or AMDG?

AMUU has the higher dividend yield at 2.85%, compared with 2.31% for AMDG.

What is the main difference between AMUU and AMDG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for AMUU and 0.75% for AMDG.

Which has better risk-adjusted returns?

AMUU currently has the higher Sharpe Ratio (7.43 vs 7.29), 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.