METU vs. AMDG

Last updated Aug 2, 2026

METU (Direxion Daily META Bull 2X ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, METU returned -57.12% vs 319.90% for AMDG. Their 0.30 correlation means their historical movements had little consistent relationship. METU charges 1.02%/yr vs 0.75%/yr for AMDG.

Performance

METU vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily META Bull 2X ETF (METU) 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, METU achieves a -39.77% return, which is significantly lower than AMDG's 230.68% return.

METU

• 1D: 6.66%
• 1M: -11.31%
• 6M: -47.62%
• YTD: -39.77%
• 1Y: -57.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -11.55%

AMDG

• 1D: -3.81%
• 1M: -20.14%
• 6M: 179.34%
• YTD: 230.68%
• 1Y: 319.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 243.04%

*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)
AMDG Leverage Shares 2X Long AMD Daily ETF	$8.00M	$7.90M	$8.98M
METU Direxion Daily META Bull 2X ETF	$90.59M	$138.47M	$136.75M

METU vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
METU Direxion Daily META Bull 2X ETF	-39.77%	-15.17%
AMDG Leverage Shares 2X Long AMD Daily ETF	230.68%	95.49%

Correlation

The correlation between METU and AMDG is 0.23, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.23
Correlation (All Time) Calculated using the full available price history since Jan 24, 2025	0.30

Return for Risk

METU vs. AMDG — Risk / Return Rank

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

METU

METU Risk / Return Rank: 2
METU Sharpe Ratio Rank: 3
METU Sortino Ratio Rank: 3
METU Omega Ratio Rank: 3
METU Calmar Ratio Rank: 1
METU Martin Ratio Rank: 0

AMDG

AMDG Risk / Return Rank: 86
AMDG Sharpe Ratio Rank: 88
AMDG Sortino Ratio Rank: 85
AMDG Omega Ratio Rank: 82
AMDG Calmar Ratio Rank: 95
AMDG Martin Ratio Rank: 78

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.

METU vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) 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.

	METU	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	2.10	-2.88
Sortino ratio: Return per unit of downside risk	-1.10	2.81	-3.91
Omega ratio: Gain probability vs. loss probability	0.86	1.35	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.94	5.31	-6.25
Martin ratio: Return relative to average drawdown	-1.51	9.98	-11.49

METU vs. AMDG - Sharpe Ratio Comparison

The current METU Sharpe Ratio is -0.78, which is lower than the AMDG Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of METU 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

METU vs. AMDG - Drawdown Comparison

The maximum METU drawdown since its inception was -63.90%, roughly equal to the maximum AMDG drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for METU and AMDG.

Drawdown Indicators

	METU	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-63.90%	-63.32%	-0.58%
Max Drawdown (1Y) Largest decline over 1 year	-63.59%	-56.48%	-7.11%
Current Drawdown Current decline from peak	-61.50%	-37.43%	-24.07%
Average Drawdown Average peak-to-trough decline	-25.76%	-25.05%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.50%	29.98%	+9.52%

Volatility

METU vs. AMDG - Volatility Comparison

The current volatility for Direxion Daily META Bull 2X ETF (METU) is 31.30%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 49.04%. This indicates that METU 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

	METU	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.30%	49.04%	-17.74%
Volatility (6M) Calculated over the trailing 6-month period	61.17%	113.22%	-52.05%
Volatility (1Y) Calculated over the trailing 1-year period	79.58%	142.79%	-63.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.03%	135.20%	-60.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.03%	135.20%	-60.17%

METU vs. AMDG - Expense Ratio Comparison

METU has a 1.02% expense ratio, which is higher than AMDG's 0.75% expense ratio.

Dividends

METU vs. AMDG - Dividend Comparison

METU's dividend yield for the trailing twelve months is around 4.61%, more than AMDG's 3.39% yield.

Position	TTM	2025	2024
AMDG Leverage Shares 2X Long AMD Daily ETF	3.39%	11.21%	0.00%
METU Direxion Daily META Bull 2X ETF	4.61%	3.00%	1.40%

Frequently Asked Questions

Can I hold both METU and AMDG in my portfolio?

METU 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.

Which is riskier, METU or AMDG?

AMDG has higher volatility (49.04%) compared to METU (31.30%). In terms of maximum drawdown, METU dropped -63.90% vs AMDG's -63.32%.

Which ETF is better, METU or AMDG?

On 1-year performance, AMDG leads with 319.90% vs -57.12% for METU. On fees, AMDG is cheaper at 0.75% per year. On volatility, METU has been the lower-risk option at 31.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METU or AMDG?

Over the 1-year period, AMDG has performed better with a 319.90% return vs -57.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METU or AMDG?

AMDG is cheaper with a 0.75% expense ratio, compared with 1.02% for METU.

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

METU has the higher dividend yield at 4.61%, compared with 3.39% for AMDG.

What is the main difference between METU and AMDG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.02% for METU and 0.75% for AMDG.

Which has better risk-adjusted returns?

AMDG currently has the higher Sharpe Ratio (2.10 vs -0.78), 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.