CHWY vs. AMDL
CHWY (Chewy, Inc.) is a stock, while AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, CHWY returned -55.82% vs 1189.78% for AMDL. At a 0.16 correlation, their price movements are largely independent.
Performance
CHWY vs. AMDL - Performance Comparison
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Returns By Period
In the year-to-date period, CHWY achieves a -36.34% return, which is significantly lower than AMDL's 395.18% return.
CHWY
- 1D
- -2.00%
- 1M
- -14.33%
- YTD
- -36.34%
- 6M
- -38.03%
- 1Y
- -55.82%
- 3Y*
- -16.01%
- 5Y*
- -22.49%
- 10Y*
- —
AMDL
- 1D
- 8.25%
- 1M
- 135.69%
- YTD
- 395.18%
- 6M
- 371.52%
- 1Y
- 1,189.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CHWY vs. AMDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CHWY Chewy, Inc. | -36.34% | -1.31% | 98.87% |
AMDL GraniteShares 2x Long AMD Daily ETF | 395.18% | 103.00% | -69.97% |
Correlation
The correlation between CHWY and AMDL is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2024 | 0.16 |
The correlation between CHWY and AMDL shifts across timeframes, from 0.05 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CHWY vs. AMDL — Risk / Return Rank
CHWY
AMDL
CHWY vs. AMDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chewy, Inc. (CHWY) 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.
| CHWY | AMDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.51 | ||
| Sortino ratioReturn per unit of downside risk | -6.80 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.63 | -0.87 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 21.43 | -22.38 |
| Martin ratioReturn relative to average drawdown | -1.61 | 42.08 | -43.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHWY | AMDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.21 | 9.30 | -10.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.56 | -0.68 |
Drawdowns
CHWY vs. AMDL - Drawdown Comparison
The maximum CHWY drawdown since its inception was -87.37%, roughly equal to the maximum AMDL drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for CHWY and AMDL.
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Drawdown Indicators
| CHWY | AMDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.37% | -88.63% | +1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -59.22% | -56.13% | -3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -63.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.34% | — | — |
Current DrawdownCurrent decline from peak | -82.27% | 0.00% | -82.27% |
Average DrawdownAverage peak-to-trough decline | -54.09% | -48.58% | -5.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.63% | 28.53% | +6.10% |
Volatility
CHWY vs. AMDL - Volatility Comparison
The current volatility for Chewy, Inc. (CHWY) is 15.35%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 46.02%. This indicates that CHWY 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.
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Volatility by Period
| CHWY | AMDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.35% | 46.02% | -30.67% |
Volatility (6M)Calculated over the trailing 6-month period | 34.31% | 94.09% | -59.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.27% | 129.41% | -83.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.58% | 116.59% | -56.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.21% | 116.59% | -55.38% |
Dividends
CHWY vs. AMDL - Dividend Comparison
Neither CHWY nor AMDL has paid dividends to shareholders.
Frequently Asked Questions
CHWY and AMDL have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDL has higher volatility (46.02%) compared to CHWY (15.35%). In terms of maximum drawdown, CHWY dropped -87.37% vs AMDL's -88.63%.
AMDL currently has the higher Sharpe Ratio (9.30 vs -1.21), 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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