AMUU vs. IAK
AMUU (Direxion Daily AMD Bull 2X Shares) and IAK (iShares U.S. Insurance ETF) are both exchange-traded funds - AMUU is a Leveraged Equities fund actively managed by Direxion, while IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index. AMUU is actively managed, while IAK is passively managed. Over the past year, AMUU returned 341.42% vs 19.67% for IAK. Their -0.20 correlation means they have often moved in opposite directions in the past. AMUU charges 0.97%/yr vs 0.38%/yr for IAK.
Performance
AMUU vs. IAK - Performance Comparison
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Returns By Period
In the year-to-date period, AMUU achieves a 246.53% return, which is significantly higher than IAK's 10.11% return.
AMUU
- 1D
- 2.97%
- 1M
- -18.43%
- 6M
- 170.23%
- YTD
- 246.53%
- 1Y
- 341.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 338.06%
IAK
- 1D
- 0.03%
- 1M
- -0.03%
- 6M
- 12.56%
- YTD
- 10.11%
- 1Y
- 19.67%
- 3Y*
- 19.67%
- 5Y*
- 15.99%
- 10Y*
- 13.18%
- ALL TIME*
- 7.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.32M | $21.75M | $27.81M | |
| $15.27M | $20.59M | $12.29M |
AMUU vs. IAK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMUU Direxion Daily AMD Bull 2X Shares | 246.53% | 153.20% |
IAK iShares U.S. Insurance ETF | 10.11% | 7.44% |
Correlation
The correlation between AMUU and IAK is -0.33, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.33 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025 | -0.20 |
The correlation between AMUU and IAK shifts across timeframes, from -0.33 (1 year) to -0.20 (all time), reflecting how their relationship changes across market environments.
AMUU vs. IAK - Sectors Allocation Comparison
Sectors
AMUU
IAK
Technology
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
Healthcare
-
Industrials
-
-
Real Estate
-
-
Utilities
-
-
Technology
AMUU
IAK
-
Basic Materials
AMUU
-
IAK
-
Communication Services
AMUU
-
IAK
-
Consumer Cyclical
AMUU
-
IAK
-
Consumer Defensive
AMUU
-
IAK
-
Energy
AMUU
-
IAK
-
Financial Services
AMUU
-
IAK
Healthcare
AMUU
-
IAK
Industrials
AMUU
-
IAK
-
Real Estate
AMUU
-
IAK
-
Utilities
AMUU
-
IAK
-
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Return for Risk
AMUU vs. IAK — Risk / Return Rank
AMUU
IAK
AMUU vs. IAK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMD Bull 2X Shares (AMUU) and iShares U.S. Insurance ETF (IAK). 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 | IAK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 6.11 | 2.59 | +3.52 |
| Martin ratioReturn relative to average drawdown | 11.49 | 6.29 | +5.19 |
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Drawdowns
AMUU vs. IAK - Drawdown Comparison
The maximum AMUU drawdown since its inception was -56.47%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for AMUU and IAK.
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Drawdown Indicators
| AMUU | IAK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.47% | -77.38% | +20.91% |
Max Drawdown (1Y)Largest decline over 1 year | -56.31% | -7.62% | -48.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.95% | — |
Current DrawdownCurrent decline from peak | -35.02% | -3.20% | -31.82% |
Average DrawdownAverage peak-to-trough decline | -22.32% | -16.01% | -6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.89% | 3.13% | +26.76% |
Volatility
AMUU vs. IAK - Volatility Comparison
Direxion Daily AMD Bull 2X Shares (AMUU) has a higher volatility of 48.01% compared to iShares U.S. Insurance ETF (IAK) at 6.56%. This indicates that AMUU's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMUU | IAK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 48.01% | 6.56% | +41.45% |
Volatility (6M)Calculated over the trailing 6-month period | 111.35% | 12.42% | +98.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 142.53% | 15.99% | +126.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 135.84% | 18.13% | +117.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 135.84% | 20.92% | +114.92% |
AMUU vs. IAK - Expense Ratio Comparison
AMUU has a 0.97% expense ratio, which is higher than IAK's 0.38% expense ratio.
Dividends
AMUU vs. IAK - Dividend Comparison
AMUU's dividend yield for the trailing twelve months is around 4.34%, more than IAK's 2.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMUU Direxion Daily AMD Bull 2X Shares | 4.34% | 13.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IAK iShares U.S. Insurance ETF | 2.42% | 1.69% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% |
Frequently Asked Questions
AMUU and IAK have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMUU has higher volatility (48.01%) compared to IAK (6.56%). In terms of maximum drawdown, AMUU dropped -56.47% vs IAK's -77.38%.
On 1-year performance, AMUU leads with 341.42% vs 19.67% for IAK. On fees, IAK is cheaper at 0.38% per year. On volatility, IAK has been the lower-risk option at 6.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AMUU has performed better with a 341.42% return vs 19.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAK is cheaper with a 0.38% expense ratio, compared with 0.97% for AMUU.
AMUU has the higher dividend yield at 4.34%, compared with 2.42% for IAK.
AMUU is categorized as Leveraged Equities, while IAK is Financials Equities. They also come from different issuers: Direxion and iShares. Their fees differ too: 0.97% for AMUU and 0.38% for IAK.
AMUU currently has the higher Sharpe Ratio (2.42 vs 1.24), 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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