WGS vs. AMDL
WGS (GeneDx Holdings Corp.) is a stock, while AMDL (GraniteShares 2x Long AMD Daily ETF) is Leveraged Equities fund tracking the Advanced Micro Devices, Inc. (200%). Over the past year, WGS returned -33.21% vs 337.66% for AMDL. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
WGS vs. AMDL - Performance Comparison
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Returns By Period
In the year-to-date period, WGS achieves a -47.82% return, which is significantly lower than AMDL's 242.25% return.
WGS
- 1D
- 4.22%
- 1M
- 0.52%
- 6M
- -31.46%
- YTD
- -47.82%
- 1Y
- -33.21%
- 3Y*
- 111.82%
- 5Y*
- -28.89%
- 10Y*
- —
- ALL TIME*
- -23.80%
AMDL
- 1D
- 2.88%
- 1M
- -18.31%
- 6M
- 166.77%
- YTD
- 242.25%
- 1Y
- 337.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $183.29M | $203.26M | $349.81M | |
| $50.60M | $46.48M | $61.87M |
WGS vs. AMDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WGS GeneDx Holdings Corp. | -47.82% | 69.22% | 539.97% |
AMDL GraniteShares 2x Long AMD Daily ETF | 242.25% | 103.00% | -69.97% |
Correlation
The correlation between WGS and AMDL is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024 | 0.17 |
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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.
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.
| WGS | AMDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.79 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.36 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 6.06 | -6.48 |
| Martin ratioReturn relative to average drawdown | -0.74 | 11.39 | -12.13 |
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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.
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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 | -82.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.69% | — | — |
Current DrawdownCurrent decline from peak | -92.03% | -35.69% | -56.34% |
Average DrawdownAverage peak-to-trough decline | -83.56% | -46.49% | -37.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.67% | 29.82% | +14.85% |
Volatility
WGS vs. AMDL - Volatility Comparison
The current volatility for GeneDx Holdings Corp. (WGS) is 20.60%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 47.95%. This indicates that WGS 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.
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Volatility by Period
| WGS | AMDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.60% | 47.95% | -27.35% |
Volatility (6M)Calculated over the trailing 6-month period | 87.04% | 111.57% | -24.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.41% | 142.56% | -59.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.11% | 120.89% | -10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.77% | 120.89% | -14.12% |
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 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDL has higher volatility (47.95%) compared to WGS (20.60%). In terms of maximum drawdown, WGS dropped -99.85% vs AMDL's -88.63%.
AMDL currently has the higher Sharpe Ratio (2.39 vs -0.40), 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.
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