IAK vs. AMDG
IAK (iShares U.S. Insurance ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both exchange-traded funds - IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while AMDG is a Leveraged Equities fund actively managed by Leverage Shares. IAK is passively managed, while AMDG is actively managed. Over the past year, IAK returned -4.16% vs 1172.87% for AMDG. At a correlation of -0.12, they often move in opposite directions. IAK charges 0.43%/yr vs 0.75%/yr for AMDG.
Performance
IAK vs. AMDG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IAK achieves a -4.56% return, which is significantly lower than AMDG's 391.03% return.
IAK
- 1D
- -0.88%
- 1M
- -2.27%
- YTD
- -4.56%
- 6M
- -1.81%
- 1Y
- -4.16%
- 3Y*
- 16.73%
- 5Y*
- 11.50%
- 10Y*
- 11.66%
AMDG
- 1D
- 7.70%
- 1M
- 134.89%
- YTD
- 391.03%
- 6M
- 367.32%
- 1Y
- 1,172.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IAK vs. AMDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IAK iShares U.S. Insurance ETF | -4.56% | 9.39% |
AMDG Leverage Shares 2X Long AMD Daily ETF | 391.03% | 96.98% |
Correlation
The correlation between IAK and AMDG is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2025 | -0.12 |
The correlation between IAK and AMDG shifts across timeframes, from -0.23 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAK vs. AMDG — Risk / Return Rank
IAK
AMDG
IAK vs. AMDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) 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.
| IAK | AMDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.43 | ||
| Sortino ratioReturn per unit of downside risk | -5.03 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.63 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 20.99 | -21.54 |
| Martin ratioReturn relative to average drawdown | -1.14 | 41.10 | -42.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IAK | AMDG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | 9.15 | -9.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 3.36 | -3.11 |
Drawdowns
IAK vs. AMDG - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, which is greater than AMDG's maximum drawdown of -63.04%. Use the drawdown chart below to compare losses from any high point for IAK and AMDG.
Loading charts...
Drawdown Indicators
| IAK | AMDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -63.04% | -14.34% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -56.48% | +48.86% |
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 | -5.82% | 0.00% | -5.82% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -25.70% | +9.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 28.80% | -24.84% |
Volatility
IAK vs. AMDG - Volatility Comparison
The current volatility for iShares U.S. Insurance ETF (IAK) is 3.82%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 45.35%. This indicates that IAK 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.
Loading charts...
Volatility by Period
| IAK | AMDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 45.35% | -41.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 94.94% | -84.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 129.64% | -114.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 130.26% | -112.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.89% | 130.26% | -109.37% |
IAK vs. AMDG - Expense Ratio Comparison
IAK has a 0.43% expense ratio, which is lower than AMDG's 0.75% expense ratio.
Dividends
IAK vs. AMDG - Dividend Comparison
IAK's dividend yield for the trailing twelve months is around 2.76%, more than AMDG's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMDG Leverage Shares 2X Long AMD Daily ETF | 2.28% | 11.21% | 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 | 2.76% | 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
IAK and AMDG have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDG has higher volatility (45.35%) compared to IAK (3.82%). In terms of maximum drawdown, IAK dropped -77.38% vs AMDG's -63.04%.
On 1-year performance, AMDG leads with 1172.87% vs -4.16% for IAK. On fees, IAK is cheaper at 0.43% per year. On volatility, IAK has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AMDG has performed better with a 1172.87% return vs -4.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAK is cheaper with a 0.43% expense ratio, compared with 0.75% for AMDG.
IAK has the higher dividend yield at 2.76%, compared with 2.28% for AMDG.
IAK is categorized as Financials Equities, while AMDG is Leveraged Equities. They also come from different issuers: iShares and Leverage Shares. Their fees differ too: 0.43% for IAK and 0.75% for AMDG.
AMDG currently has the higher Sharpe Ratio (9.15 vs -0.28), 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.
Find the right allocation for IAK and AMDG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer