LABX vs. AMDG

Last updated Jul 17, 2026

LABX (Tradr 2X Long ALAB Daily ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. LABX charges 1.30%/yr vs 0.75%/yr for AMDG.

Performance

LABX vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ALAB Daily ETF (LABX) 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, LABX achieves a 94.36% return, which is significantly lower than AMDG's 279.50% return.

LABX

• 1D: -17.80%
• 1M: -32.23%
• 6M: 82.33%
• YTD: 94.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDG

• 1D: -11.14%
• 1M: -8.12%
• 6M: 241.37%
• YTD: 279.50%
• 1Y: 448.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LABX vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
LABX Tradr 2X Long ALAB Daily ETF	94.36%	-42.53%
AMDG Leverage Shares 2X Long AMD Daily ETF	279.50%	27.48%

Correlation

The correlation between LABX and AMDG is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025	0.60

Return for Risk

LABX vs. AMDG — Risk / Return Rank

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

LABX

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

AMDG

AMDG Risk / Return Rank: 91
AMDG Sharpe Ratio Rank: 96
AMDG Sortino Ratio Rank: 88
AMDG Omega Ratio Rank: 85
AMDG Calmar Ratio Rank: 97
AMDG Martin Ratio Rank: 89

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.

LABX vs. AMDG - Risk-Adjusted Trends Comparison

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

	LABX	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	—	3.28	—
Sortino ratio: Return per unit of downside risk	—	3.24	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	8.00	—
Martin ratio: Return relative to average drawdown	—	15.39	—

Drawdowns

LABX vs. AMDG - Drawdown Comparison

The maximum LABX drawdown since its inception was -90.93%, which is greater than AMDG's maximum drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for LABX and AMDG.

Drawdown Indicators

	LABX	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-90.93%	-63.32%	-27.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.48%	—
Current Drawdown Current decline from peak	-59.76%	-28.19%	-31.57%
Average Drawdown Average peak-to-trough decline	-52.74%	-24.93%	-27.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.31%	—

Volatility

Volatility by Period

	LABX	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	44.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	107.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	193.03%	137.88%	+55.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	193.03%	133.27%	+59.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	193.03%	133.27%	+59.76%

LABX vs. AMDG - Expense Ratio Comparison

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

Dividends

LABX vs. AMDG - Dividend Comparison

LABX has not paid dividends to shareholders, while AMDG's dividend yield for the trailing twelve months is around 2.95%.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.95%	11.21%
LABX Tradr 2X Long ALAB Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both LABX and AMDG in my portfolio?

LABX and AMDG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LABX or AMDG?

On fees, AMDG 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, LABX or AMDG?

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

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

AMDG has the higher dividend yield at 2.95%, compared with 0.00% for LABX.

What is the main difference between LABX and AMDG?

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