ASTS vs. AMDL

Last updated Jun 9, 2026

ASTS (AST SpaceMobile, Inc.) is a stock, while AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, ASTS returned 195.16% vs 954.02% for AMDL. At a 0.32 correlation, their price movements are largely independent.

Performance

ASTS vs. AMDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AST SpaceMobile, Inc. (ASTS) and GraniteShares 2x Long AMD Daily ETF (AMDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASTS achieves a 26.75% return, which is significantly lower than AMDL's 296.53% return.

ASTS

• 1D: -1.65%
• 1M: 22.66%
• YTD: 26.75%
• 6M: 24.41%
• 1Y: 195.16%
• 3Y*: 152.04%
• 5Y*: 54.02%
• 10Y*: —

AMDL

• 1D: 9.87%
• 1M: 10.62%
• YTD: 296.53%
• 6M: 266.15%
• 1Y: 954.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASTS vs. AMDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ASTS AST SpaceMobile, Inc.	26.75%	244.22%	571.97%
AMDL GraniteShares 2x Long AMD Daily ETF	296.53%	103.00%	-69.97%

Correlation

The correlation between ASTS and AMDL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024	0.32

Return for Risk

ASTS vs. AMDL — Risk / Return Rank

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

ASTS

ASTS Risk / Return Rank: 85
ASTS Sharpe Ratio Rank: 88
ASTS Sortino Ratio Rank: 83
ASTS Omega Ratio Rank: 79
ASTS Calmar Ratio Rank: 89
ASTS Martin Ratio Rank: 85

AMDL

AMDL Risk / Return Rank: 96
AMDL Sharpe Ratio Rank: 99
AMDL Sortino Ratio Rank: 94
AMDL Omega Ratio Rank: 93
AMDL Calmar Ratio Rank: 99
AMDL 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.

ASTS vs. AMDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AST SpaceMobile, Inc. (ASTS) and GraniteShares 2x Long AMD Daily ETF (AMDL). 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.

	ASTS	AMDL	Difference
Sharpe ratio: Return per unit of total volatility	1.88	7.31	-5.44
Sortino ratio: Return per unit of downside risk	2.44	4.35	-1.91
Omega ratio: Gain probability vs. loss probability	1.28	1.58	-0.29
Calmar ratio: Return relative to maximum drawdown	4.12	17.17	-13.05
Martin ratio: Return relative to average drawdown	8.15	33.62	-25.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASTS vs. AMDL - Sharpe Ratio Comparison

The current ASTS Sharpe Ratio is 1.88, which is lower than the AMDL Sharpe Ratio of 7.31. The chart below compares the historical Sharpe Ratios of ASTS and AMDL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASTS	AMDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	7.31	-5.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.42	-0.01

Drawdowns

ASTS vs. AMDL - Drawdown Comparison

The maximum ASTS drawdown since its inception was -91.07%, roughly equal to the maximum AMDL drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for ASTS and AMDL.

Drawdown Indicators

	ASTS	AMDL	Difference
Max Drawdown Largest peak-to-trough decline	-91.07%	-88.63%	-2.44%
Max Drawdown (1Y) Largest decline over 1 year	-47.69%	-56.13%	+8.44%
Max Drawdown (3Y) Largest decline over 3 years	-70.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-85.57%	—	—
Current Drawdown Current decline from peak	-30.83%	-19.92%	-10.91%
Average Drawdown Average peak-to-trough decline	-43.38%	-48.42%	+5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.06%	28.61%	-4.55%

Volatility

ASTS vs. AMDL - Volatility Comparison

The current volatility for AST SpaceMobile, Inc. (ASTS) is 40.76%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 45.40%. This indicates that ASTS experiences smaller price fluctuations and is considered to be less risky than AMDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASTS	AMDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.76%	45.40%	-4.64%
Volatility (6M) Calculated over the trailing 6-month period	82.89%	98.04%	-15.15%
Volatility (1Y) Calculated over the trailing 1-year period	104.86%	132.06%	-27.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.43%	117.50%	-8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.53%	117.50%	-16.97%

Dividends

ASTS vs. AMDL - Dividend Comparison

Neither ASTS nor AMDL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASTS and AMDL in my portfolio?

ASTS and AMDL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASTS or AMDL?

AMDL has higher volatility (45.40%) compared to ASTS (40.76%). In terms of maximum drawdown, ASTS dropped -91.07% vs AMDL's -88.63%.

Which has better risk-adjusted returns?

AMDL currently has the higher Sharpe Ratio (7.31 vs 1.88), 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.