GLWG vs. AMUU

Last updated Aug 6, 2026

GLWG (Leverage Shares 2X Long GLW Daily ETF) and AMUU (Direxion Daily AMD Bull 2X Shares) are both Leveraged Equities funds. GLWG is passively managed, while AMUU is actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. GLWG charges 0.75%/yr vs 0.97%/yr for AMUU.

Performance

GLWG vs. AMUU - Performance Comparison

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

Returns By Period

GLWG

• 1D: -4.65%
• 1M: -40.87%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AMUU

• 1D: -16.68%
• 1M: -29.04%
• 6M: 317.55%
• YTD: 238.51%
• 1Y: 317.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 328.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMUU Direxion Daily AMD Bull 2X Shares	$27.17M	$24.24M	$27.60M
GLWG Leverage Shares 2X Long GLW Daily ETF	$30.36M	$27.66M	$46.45M

GLWG vs. AMUU - Yearly Performance Comparison

	2026 (YTD)
GLWG Leverage Shares 2X Long GLW Daily ETF	-5.49%
AMUU Direxion Daily AMD Bull 2X Shares	324.25%

Correlation

The correlation between GLWG and AMUU is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.69

Return for Risk

GLWG vs. AMUU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLWG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AMUU

AMUU Risk / Return Rank: 82
AMUU Sharpe Ratio Rank: 85
AMUU Sortino Ratio Rank: 79
AMUU Omega Ratio Rank: 75
AMUU Calmar Ratio Rank: 95
AMUU Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLWG vs. AMUU - Risk-Adjusted Trends Comparison

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

	GLWG	AMUU	Difference
Sharpe ratio: Return per unit of total volatility	—	2.22	—
Sortino ratio: Return per unit of downside risk	—	2.87	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	5.68	—
Martin ratio: Return relative to average drawdown	—	10.64	—

Drawdowns

GLWG vs. AMUU - Drawdown Comparison

The maximum GLWG drawdown since its inception was -78.80%, which is greater than AMUU's maximum drawdown of -56.47%. Use the drawdown chart below to compare losses from any high point for GLWG and AMUU.

Drawdown Indicators

	GLWG	AMUU	Difference
Max Drawdown Largest peak-to-trough decline	-78.80%	-56.47%	-22.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.31%	—
Current Drawdown Current decline from peak	-67.13%	-36.52%	-30.61%
Average Drawdown Average peak-to-trough decline	-24.29%	-22.36%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.01%	—

Volatility

Volatility by Period

	GLWG	AMUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	50.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	113.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	178.39%	144.18%	+34.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.39%	136.91%	+41.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	178.39%	136.91%	+41.48%

GLWG vs. AMUU - Expense Ratio Comparison

GLWG has a 0.75% expense ratio, which is lower than AMUU's 0.97% expense ratio.

Dividends

GLWG vs. AMUU - Dividend Comparison

GLWG has not paid dividends to shareholders, while AMUU's dividend yield for the trailing twelve months is around 4.44%.

Position	TTM	2025
AMUU Direxion Daily AMD Bull 2X Shares	4.44%	13.58%
GLWG Leverage Shares 2X Long GLW Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLWG and AMUU in my portfolio?

GLWG and AMUU have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLWG or AMUU?

On fees, GLWG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLWG or AMUU?

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

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

AMUU has the higher dividend yield at 4.44%, compared with 0.00% for GLWG.

What is the main difference between GLWG and AMUU?

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