IFED vs. AMDG

Last updated Apr 1, 2026

Compare and contrast key facts about ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long AMD Daily ETF (AMDG).

IFED and AMDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IFED is a passively managed fund by UBS that tracks the performance of the IFED Large-Cap US Equity Index - Benchmark TR Gross. It was launched on Sep 14, 2021. AMDG is an actively managed fund by Leverage Shares. It was launched on Jan 24, 2025.

Performance

IFED vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long AMD Daily ETF (AMDG). The values are adjusted to include any dividend payments, if applicable.

IFED vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
IFED ETRACS IFED Invest with the Fed TR Index ETN	-10.70%	7.92%
AMDG Leverage Shares 2X Long AMD Daily ETF	-21.97%	96.98%

Returns By Period

In the year-to-date period, IFED achieves a -10.70% return, which is significantly higher than AMDG's -21.97% return.

IFED

• 1D: 2.06%
• 1M: -5.98%
• YTD: -10.70%
• 6M: -11.02%
• 1Y: 5.41%
• 3Y*: 14.83%
• 5Y*: —
• 10Y*: —

AMDG

• 1D: 7.34%
• 1M: -0.57%
• YTD: -21.97%
• 6M: 16.89%
• 1Y: 133.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IFED vs. AMDG - Expense Ratio Comparison

IFED has a 0.45% expense ratio, which is lower than AMDG's 0.75% expense ratio.

AMDG

Leverage Shares 2X Long AMD Daily ETF

IFED

ETRACS IFED Invest with the Fed TR Index ETN

Return for Risk

IFED vs. AMDG — Risk / Return Rank

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

IFED

IFED Risk / Return Rank: 20
IFED Sharpe Ratio Rank: 19
IFED Sortino Ratio Rank: 19
IFED Omega Ratio Rank: 20
IFED Calmar Ratio Rank: 20
IFED Martin Ratio Rank: 21

AMDG

AMDG Risk / Return Rank: 70
AMDG Sharpe Ratio Rank: 61
AMDG Sortino Ratio Rank: 82
AMDG Omega Ratio Rank: 76
AMDG Calmar Ratio Rank: 83
AMDG Martin Ratio Rank: 49

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.

IFED vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) 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.

	IFED	AMDG	Difference
Sharpe ratio Return per unit of total volatility	0.29	1.04	-0.75
Sortino ratio Return per unit of downside risk	0.52	2.13	-1.62
Omega ratio Gain probability vs. loss probability	1.07	1.28	-0.21
Calmar ratio Return relative to maximum drawdown	0.39	2.32	-1.93
Martin ratio Return relative to average drawdown	1.24	4.53	-3.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFED vs. AMDG - Sharpe Ratio Comparison

The current IFED Sharpe Ratio is 0.29, which is lower than the AMDG Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of IFED and AMDG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IFED	AMDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	1.04	-0.75
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.35	+0.23

Correlation

The correlation between IFED and AMDG is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IFED vs. AMDG - Dividend Comparison

IFED has not paid dividends to shareholders, while AMDG's dividend yield for the trailing twelve months is around 14.36%.

	TTM	2025
IFED ETRACS IFED Invest with the Fed TR Index ETN	0.00%	0.00%
AMDG Leverage Shares 2X Long AMD Daily ETF	14.36%	11.21%

Drawdowns

IFED vs. AMDG - Drawdown Comparison

The maximum IFED drawdown since its inception was -22.36%, smaller than the maximum AMDG drawdown of -63.04%. Use the drawdown chart below to compare losses from any high point for IFED and AMDG.

Drawdown Indicators

	IFED	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-63.04%	+40.68%
Max Drawdown (1Y) Largest decline over 1 year	-14.65%	-56.48%	+41.83%
Current Drawdown Current decline from peak	-12.52%	-52.31%	+39.79%
Average Drawdown Average peak-to-trough decline	-5.70%	-27.66%	+21.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.64%	28.88%	-24.24%

Volatility

IFED vs. AMDG - Volatility Comparison

The current volatility for ETRACS IFED Invest with the Fed TR Index ETN (IFED) is 4.91%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 33.06%. This indicates that IFED 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

	IFED	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	33.06%	-28.15%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	98.59%	-87.76%
Volatility (1Y) Calculated over the trailing 1-year period	18.80%	129.74%	-110.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.72%	124.94%	-105.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.72%	124.94%	-105.22%