WGS vs. AMDL
WGS (GeneDx Holdings Corp.) is a stock, while AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, WGS returned -27.18% vs 1189.78% for AMDL. At a 0.17 correlation, their price movements are largely independent.
Performance
WGS vs. AMDL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WGS achieves a -59.23% return, which is significantly lower than AMDL's 395.18% return.
WGS
- 1D
- -0.21%
- 1M
- -21.95%
- YTD
- -59.23%
- 6M
- -66.94%
- 1Y
- -27.18%
- 3Y*
- 101.82%
- 5Y*
- -33.09%
- 10Y*
- —
AMDL
- 1D
- 8.25%
- 1M
- 135.69%
- YTD
- 395.18%
- 6M
- 371.52%
- 1Y
- 1,189.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WGS vs. AMDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WGS GeneDx Holdings Corp. | -59.23% | 69.22% | 695.65% |
AMDL GraniteShares 2x Long AMD Daily ETF | 395.18% | 103.00% | -69.97% |
Correlation
The correlation between WGS and AMDL is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2024 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WGS vs. AMDL — Risk / Return Rank
WGS
AMDL
WGS vs. AMDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GeneDx Holdings Corp. (WGS) 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.
| WGS | AMDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.62 | ||
| Sortino ratioReturn per unit of downside risk | -4.66 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.63 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 21.43 | -21.77 |
| Martin ratioReturn relative to average drawdown | -0.74 | 42.08 | -42.81 |
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 charts...
Sharpe Ratios by Period
| WGS | AMDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | 9.30 | -9.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.26 | 0.56 | -0.82 |
Drawdowns
WGS vs. AMDL - Drawdown Comparison
The maximum WGS drawdown since its inception was -99.85%, which is greater than AMDL's maximum drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for WGS and AMDL.
Loading charts...
Drawdown Indicators
| WGS | AMDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -88.63% | -11.22% |
Max Drawdown (1Y)Largest decline over 1 year | -79.40% | -56.13% | -23.27% |
Max Drawdown (3Y)Largest decline over 3 years | -84.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.73% | — | — |
Current DrawdownCurrent decline from peak | -93.78% | 0.00% | -93.78% |
Average DrawdownAverage peak-to-trough decline | -83.36% | -48.58% | -34.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.97% | 28.53% | +8.44% |
Volatility
WGS vs. AMDL - Volatility Comparison
GeneDx Holdings Corp. (WGS) has a higher volatility of 72.31% compared to GraniteShares 2x Long AMD Daily ETF (AMDL) at 46.02%. This indicates that WGS's price experiences larger fluctuations and is considered to be riskier than AMDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WGS | AMDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 72.31% | 46.02% | +26.29% |
Volatility (6M)Calculated over the trailing 6-month period | 83.67% | 94.09% | -10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.86% | 129.41% | -45.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.84% | 116.59% | -6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.46% | 116.59% | -9.13% |
Dividends
WGS vs. AMDL - Dividend Comparison
Neither WGS nor AMDL has paid dividends to shareholders.
Frequently Asked Questions
WGS and AMDL have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGS has higher volatility (72.31%) compared to AMDL (46.02%). In terms of maximum drawdown, WGS dropped -99.85% vs AMDL's -88.63%.
AMDL currently has the higher Sharpe Ratio (9.30 vs -0.33), 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.
Find the right allocation for WGS and AMDL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer