SCRD vs. AMDL

Last updated Jun 4, 2026

SCRD (Janus Henderson Corporate Bond ETF) and AMDL (GraniteShares 2x Long AMD Daily ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while AMDL is a Leveraged Equities fund actively managed by GraniteShares. Both are actively managed. Over the past year, SCRD returned 6.25% vs 1189.78% for AMDL. At a 0.15 correlation, their price movements are largely independent. SCRD charges 0.35%/yr vs 1.15%/yr for AMDL.

Performance

SCRD vs. AMDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Corporate Bond ETF (SCRD) and GraniteShares 2x Long AMD Daily ETF (AMDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCRD achieves a 0.24% return, which is significantly lower than AMDL's 395.18% return.

SCRD

• 1D: -0.21%
• 1M: 0.42%
• YTD: 0.24%
• 6M: 0.13%
• 1Y: 6.25%
• 3Y*: 5.54%
• 5Y*: —
• 10Y*: —

AMDL

• 1D: 8.25%
• 1M: 135.69%
• YTD: 395.18%
• 6M: 371.52%
• 1Y: 1,189.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCRD vs. AMDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCRD Janus Henderson Corporate Bond ETF	0.24%	7.77%	4.42%
AMDL GraniteShares 2x Long AMD Daily ETF	395.18%	103.00%	-69.97%

Correlation

The correlation between SCRD and AMDL is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Mar 19, 2024	0.15

SCRD vs. AMDL - Sectors Allocation Comparison

Sectors	SCRD	AMDL
Financial Services	25.0%	-
Healthcare	12.5%	-
Industrials	8.2%	-
Consumer Defensive	6.6%	-
Consumer Cyclical	5.9%	-
Real Estate	5.8%	-
Technology	4.5%	66.7%
Communication Services	2.4%	-
Energy	2.3%	-
Basic Materials	2.2%	-
Utilities	1.9%	-

Return for Risk

SCRD vs. AMDL — Risk / Return Rank

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

SCRD

SCRD Risk / Return Rank: 47
SCRD Sharpe Ratio Rank: 47
SCRD Sortino Ratio Rank: 50
SCRD Omega Ratio Rank: 47
SCRD Calmar Ratio Rank: 45
SCRD Martin Ratio Rank: 47

AMDL

AMDL Risk / Return Rank: 96
AMDL Sharpe Ratio Rank: 99
AMDL Sortino Ratio Rank: 93
AMDL Omega Ratio Rank: 92
AMDL Calmar Ratio Rank: 99
AMDL Martin Ratio Rank: 97

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.

SCRD vs. AMDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and GraniteShares 2x Long AMD Daily ETF (AMDL). 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.

	SCRD	AMDL	Difference
Sharpe ratio: Return per unit of total volatility	1.62	9.30	-7.68
Sortino ratio: Return per unit of downside risk	2.41	4.81	-2.39
Omega ratio: Gain probability vs. loss probability	1.29	1.63	-0.34
Calmar ratio: Return relative to maximum drawdown	2.19	21.43	-19.24
Martin ratio: Return relative to average drawdown	7.63	42.08	-34.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCRD vs. AMDL - Sharpe Ratio Comparison

The current SCRD Sharpe Ratio is 1.62, which is lower than the AMDL Sharpe Ratio of 9.30. The chart below compares the historical Sharpe Ratios of SCRD and AMDL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCRD	AMDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	9.30	-7.68
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.56	-0.54

Drawdowns

SCRD vs. AMDL - Drawdown Comparison

The maximum SCRD drawdown since its inception was -21.17%, smaller than the maximum AMDL drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for SCRD and AMDL.

Drawdown Indicators

	SCRD	AMDL	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-88.63%	+67.46%
Max Drawdown (1Y) Largest decline over 1 year	-2.87%	-56.13%	+53.26%
Max Drawdown (3Y) Largest decline over 3 years	-6.84%	—	—
Current Drawdown Current decline from peak	-0.97%	0.00%	-0.97%
Average Drawdown Average peak-to-trough decline	-8.77%	-48.58%	+39.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	28.53%	-27.71%

Volatility

SCRD vs. AMDL - Volatility Comparison

The current volatility for Janus Henderson Corporate Bond ETF (SCRD) is 1.25%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 46.02%. This indicates that SCRD experiences smaller price fluctuations and is considered to be less risky than AMDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCRD	AMDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	46.02%	-44.77%
Volatility (6M) Calculated over the trailing 6-month period	2.78%	94.09%	-91.31%
Volatility (1Y) Calculated over the trailing 1-year period	3.88%	129.41%	-125.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.32%	116.59%	-110.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.32%	116.59%	-110.27%

SCRD vs. AMDL - Expense Ratio Comparison

SCRD has a 0.35% expense ratio, which is lower than AMDL's 1.15% expense ratio.

Dividends

SCRD vs. AMDL - Dividend Comparison

SCRD's dividend yield for the trailing twelve months is around 5.44%, while AMDL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AMDL GraniteShares 2x Long AMD Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCRD Janus Henderson Corporate Bond ETF	5.44%	5.28%	5.36%	3.99%	2.77%	0.83%

Frequently Asked Questions

Can I hold both SCRD and AMDL in my portfolio?

SCRD and AMDL have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCRD or AMDL?

AMDL has higher volatility (46.02%) compared to SCRD (1.25%). In terms of maximum drawdown, SCRD dropped -21.17% vs AMDL's -88.63%.

Which ETF is better, SCRD or AMDL?

On 1-year performance, AMDL leads with 1189.78% vs 6.25% for SCRD. On fees, SCRD is cheaper at 0.35% per year. On volatility, SCRD has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCRD or AMDL?

Over the 1-year period, AMDL has performed better with a 1189.78% return vs 6.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCRD or AMDL?

SCRD is cheaper with a 0.35% expense ratio, compared with 1.15% for AMDL.

Which ETF pays a higher dividend yield, SCRD or AMDL?

SCRD has the higher dividend yield at 5.44%, compared with 0.00% for AMDL.

What is the main difference between SCRD and AMDL?

SCRD is categorized as Corporate Bonds, while AMDL is Leveraged Equities. They also come from different issuers: Janus Henderson and GraniteShares. Their fees differ too: 0.35% for SCRD and 1.15% for AMDL.

Which has better risk-adjusted returns?

AMDL currently has the higher Sharpe Ratio (9.30 vs 1.62), 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.