GEVX vs. AMDG

Last updated Jul 16, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, GEVX returned 154.94% vs 552.42% for AMDG. A 0.51 correlation means they provide meaningful diversification when combined. GEVX charges 1.30%/yr vs 0.75%/yr for AMDG.

Performance

GEVX vs. AMDG - Performance Comparison

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

Returns By Period

In the year-to-date period, GEVX achieves a 121.30% return, which is significantly lower than AMDG's 327.09% return.

GEVX

• 1D: -2.14%
• 1M: 11.68%
• 6M: 128.37%
• YTD: 121.30%
• 1Y: 154.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDG

• 1D: -6.90%
• 1M: -11.30%
• 6M: 298.66%
• YTD: 327.09%
• 1Y: 552.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVX vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	121.30%	23.96%
AMDG Leverage Shares 2X Long AMD Daily ETF	327.09%	77.13%

Correlation

The correlation between GEVX and AMDG is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.51

The correlation between GEVX and AMDG has been stable across timeframes, ranging from 0.51 to 0.51 - a consistent structural relationship.

Return for Risk

GEVX vs. AMDG — Risk / Return Rank

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

GEVX

GEVX Risk / Return Rank: 62
GEVX Sharpe Ratio Rank: 53
GEVX Sortino Ratio Rank: 61
GEVX Omega Ratio Rank: 54
GEVX Calmar Ratio Rank: 82
GEVX Martin Ratio Rank: 58

AMDG

AMDG Risk / Return Rank: 94
AMDG Sharpe Ratio Rank: 98
AMDG Sortino Ratio Rank: 91
AMDG Omega Ratio Rank: 89
AMDG Calmar Ratio Rank: 98
AMDG Martin Ratio Rank: 93

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.

GEVX vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) 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.

	GEVX	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	1.50	4.06	-2.56
Sortino ratio: Return per unit of downside risk	2.32	3.49	-1.17
Omega ratio: Gain probability vs. loss probability	1.28	1.45	-0.17
Calmar ratio: Return relative to maximum drawdown	3.46	9.87	-6.40
Martin ratio: Return relative to average drawdown	8.36	19.01	-10.65

GEVX vs. AMDG - Sharpe Ratio Comparison

The current GEVX Sharpe Ratio is 1.50, which is lower than the AMDG Sharpe Ratio of 4.06. The chart below compares the historical Sharpe Ratios of GEVX 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

GEVX vs. AMDG - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum AMDG drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for GEVX and AMDG.

Drawdown Indicators

	GEVX	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-63.32%	+18.29%
Max Drawdown (1Y) Largest decline over 1 year	-45.03%	-56.48%	+11.45%
Current Drawdown Current decline from peak	-22.04%	-19.19%	-2.85%
Average Drawdown Average peak-to-trough decline	-15.14%	-24.92%	+9.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.60%	29.26%	-10.66%

Volatility

GEVX vs. AMDG - Volatility Comparison

The current volatility for Tradr 2X Long GEV Daily ETF (GEVX) is 39.80%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 45.30%. This indicates that GEVX experiences smaller price fluctuations and is considered to be less risky than AMDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEVX	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.80%	45.30%	-5.50%
Volatility (6M) Calculated over the trailing 6-month period	71.74%	107.50%	-35.76%
Volatility (1Y) Calculated over the trailing 1-year period	104.04%	137.83%	-33.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.76%	133.08%	-29.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.76%	133.08%	-29.32%

GEVX vs. AMDG - Expense Ratio Comparison

GEVX has a 1.30% expense ratio, which is higher than AMDG's 0.75% expense ratio.

Dividends

GEVX vs. AMDG - Dividend Comparison

GEVX has not paid dividends to shareholders, while AMDG's dividend yield for the trailing twelve months is around 2.62%.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.62%	11.21%
GEVX Tradr 2X Long GEV Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GEVX and AMDG in my portfolio?

GEVX and AMDG have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEVX or AMDG?

AMDG has higher volatility (45.30%) compared to GEVX (39.80%). In terms of maximum drawdown, GEVX dropped -45.03% vs AMDG's -63.32%.

Which ETF is better, GEVX or AMDG?

On 1-year performance, AMDG leads with 552.42% vs 154.94% for GEVX. On fees, AMDG is cheaper at 0.75% per year. On volatility, GEVX has been the lower-risk option at 39.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GEVX or AMDG?

Over the 1-year period, AMDG has performed better with a 552.42% return vs 154.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GEVX or AMDG?

AMDG is cheaper with a 0.75% expense ratio, compared with 1.30% for GEVX.

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

AMDG has the higher dividend yield at 2.62%, compared with 0.00% for GEVX.

What is the main difference between GEVX and AMDG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for GEVX and 0.75% for AMDG.

Which has better risk-adjusted returns?

AMDG currently has the higher Sharpe Ratio (4.06 vs 1.50), 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.