UPW vs. AMDG
Compare and contrast key facts about ProShares Ultra Utilities (UPW) and Leverage Shares 2X Long AMD Daily ETF (AMDG).
UPW and AMDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UPW is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (200%). It was launched on Jan 30, 2007. AMDG is an actively managed fund by Leverage Shares. It was launched on Jan 24, 2025.
Performance
UPW vs. AMDG - Performance Comparison
Loading graphics...
UPW vs. AMDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UPW ProShares Ultra Utilities | 14.41% | 12.34% |
AMDG Leverage Shares 2X Long AMD Daily ETF | -21.97% | 96.98% |
Returns By Period
In the year-to-date period, UPW achieves a 14.41% return, which is significantly higher than AMDG's -21.97% return.
UPW
- 1D
- -0.37%
- 1M
- -7.21%
- YTD
- 14.41%
- 6M
- 9.25%
- 1Y
- 30.87%
- 3Y*
- 18.27%
- 5Y*
- 12.78%
- 10Y*
- 11.18%
AMDG
- 1D
- 7.34%
- 1M
- -0.57%
- YTD
- -21.97%
- 6M
- 16.89%
- 1Y
- 133.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UPW vs. AMDG - Expense Ratio Comparison
UPW has a 0.95% expense ratio, which is higher than AMDG's 0.75% expense ratio.
Return for Risk
UPW vs. AMDG — Risk / Return Rank
UPW
AMDG
UPW vs. AMDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Utilities (UPW) 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.
| UPW | AMDG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.04 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.41 | 2.13 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.32 | -0.54 |
Martin ratioReturn relative to average drawdown | 4.17 | 4.53 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UPW | AMDG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.04 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.35 | -0.09 |
Correlation
The correlation between UPW and AMDG is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
UPW vs. AMDG - Dividend Comparison
UPW's dividend yield for the trailing twelve months is around 1.40%, less than AMDG's 14.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPW ProShares Ultra Utilities | 1.40% | 1.67% | 1.83% | 2.40% | 1.55% | 1.30% | 0.83% | 0.83% | 1.98% | 1.51% | 1.70% | 2.16% |
AMDG Leverage Shares 2X Long AMD Daily ETF | 14.36% | 11.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UPW vs. AMDG - Drawdown Comparison
The maximum UPW drawdown since its inception was -77.75%, which is greater than AMDG's maximum drawdown of -63.04%. Use the drawdown chart below to compare losses from any high point for UPW and AMDG.
Loading graphics...
Drawdown Indicators
| UPW | AMDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.75% | -63.04% | -14.71% |
Max Drawdown (1Y)Largest decline over 1 year | -18.93% | -56.48% | +37.55% |
Max Drawdown (5Y)Largest decline over 5 years | -49.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.67% | — | — |
Current DrawdownCurrent decline from peak | -7.21% | -52.31% | +45.10% |
Average DrawdownAverage peak-to-trough decline | -22.71% | -27.66% | +4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.09% | 28.88% | -20.79% |
Volatility
UPW vs. AMDG - Volatility Comparison
The current volatility for ProShares Ultra Utilities (UPW) is 10.16%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 33.06%. This indicates that UPW 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.
Loading graphics...
Volatility by Period
| UPW | AMDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 33.06% | -22.90% |
Volatility (6M)Calculated over the trailing 6-month period | 20.93% | 98.59% | -77.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.45% | 129.74% | -98.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.11% | 124.94% | -90.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.07% | 124.94% | -87.87% |