NEMG vs. AMDG

Last updated Aug 2, 2026

NEMG (Leverage Shares 2x Long NEM Daily ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Their 0.43 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

NEMG vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Long NEM Daily ETF (NEMG) 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, NEMG achieves a -28.92% return, which is significantly lower than AMDG's 230.68% return.

NEMG

• 1D: -4.30%
• 1M: -8.31%
• 6M: -41.24%
• YTD: -28.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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
NEMG Leverage Shares 2x Long NEM Daily ETF	$96.38K	$81.09K	$228.81K

NEMG vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
NEMG Leverage Shares 2x Long NEM Daily ETF	-28.92%	22.87%
AMDG Leverage Shares 2X Long AMD Daily ETF	230.68%	-27.87%

Correlation

The correlation between NEMG and AMDG is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.43

Return for Risk

NEMG vs. AMDG — Risk / Return Rank

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

NEMG

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

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.

NEMG vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Long NEM Daily ETF (NEMG) 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.

	NEMG	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.10	—
Sortino ratio: Return per unit of downside risk	—	2.81	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	5.31	—
Martin ratio: Return relative to average drawdown	—	9.98	—

Drawdowns

NEMG vs. AMDG - Drawdown Comparison

The maximum NEMG drawdown since its inception was -61.96%, roughly equal to the maximum AMDG drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for NEMG and AMDG.

Drawdown Indicators

	NEMG	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	-63.32%	+1.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.48%	—
Current Drawdown Current decline from peak	-58.41%	-37.43%	-20.98%
Average Drawdown Average peak-to-trough decline	-28.50%	-25.05%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.98%	—

Volatility

Volatility by Period

	NEMG	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	49.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	113.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	98.91%	142.79%	-43.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	98.91%	135.20%	-36.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.91%	135.20%	-36.29%

NEMG vs. AMDG - Expense Ratio Comparison

Both NEMG and AMDG have an expense ratio of 0.75%.

Dividends

NEMG vs. AMDG - Dividend Comparison

NEMG has not paid dividends to shareholders, while AMDG's dividend yield for the trailing twelve months is around 3.39%.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	3.39%	11.21%
NEMG Leverage Shares 2x Long NEM Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NEMG and AMDG in my portfolio?

NEMG and AMDG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEMG or AMDG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEMG or AMDG?

NEMG and AMDG have the same expense ratio: 0.75% per year.

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

AMDG has the higher dividend yield at 3.39%, compared with 0.00% for NEMG.