XBTY vs. AMDL

Last updated Jun 3, 2026

XBTY (GraniteShares YieldBOOST Bitcoin ETF) and AMDL (GraniteShares 2x Long AMD Daily ETF) are both exchange-traded funds - XBTY is a Derivative Income fund actively managed by GraniteShares, while AMDL is a Leveraged Equities fund actively managed by GraniteShares. Both are actively managed. Over the past year, XBTY returned -35.32% vs 1145.71% for AMDL. At a 0.40 correlation, their price movements are largely independent. XBTY charges 0.99%/yr vs 1.15%/yr for AMDL.

Performance

XBTY vs. AMDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Bitcoin ETF (XBTY) 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, XBTY achieves a -19.17% return, which is significantly lower than AMDL's 357.43% return.

XBTY

• 1D: -2.23%
• 1M: -7.49%
• YTD: -19.17%
• 6M: -19.19%
• 1Y: -35.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDL

• 1D: 4.30%
• 1M: 94.72%
• YTD: 357.43%
• 6M: 344.84%
• 1Y: 1,145.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBTY vs. AMDL - Yearly Performance Comparison

	2026 (YTD)	2025
XBTY GraniteShares YieldBOOST Bitcoin ETF	-19.17%	-21.15%
AMDL GraniteShares 2x Long AMD Daily ETF	357.43%	179.68%

Correlation

The correlation between XBTY and AMDL is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 14, 2025	0.40

Return for Risk

XBTY vs. AMDL — Risk / Return Rank

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

XBTY

XBTY Risk / Return Rank: 1
XBTY Sharpe Ratio Rank: 1
XBTY Sortino Ratio Rank: 1
XBTY Omega Ratio Rank: 1
XBTY Calmar Ratio Rank: 2
XBTY Martin Ratio Rank: 3

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.

XBTY vs. AMDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Bitcoin ETF (XBTY) 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.

	XBTY	AMDL	Difference
Sharpe ratio Return per unit of total volatility	-1.25	8.96	-10.21
Sortino ratio Return per unit of downside risk	-1.78	4.75	-6.54
Omega ratio Gain probability vs. loss probability	0.79	1.63	-0.84
Calmar ratio Return relative to maximum drawdown	-0.78	21.99	-22.77
Martin ratio Return relative to average drawdown	-1.20	43.27	-44.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBTY vs. AMDL - Sharpe Ratio Comparison

The current XBTY Sharpe Ratio is -1.25, which is lower than the AMDL Sharpe Ratio of 8.96. The chart below compares the historical Sharpe Ratios of XBTY 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

	XBTY	AMDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.25	8.96	-10.21
Sharpe Ratio (All Time) Calculated using the full available price history	-1.25	0.51	-1.76

Drawdowns

XBTY vs. AMDL - Drawdown Comparison

The maximum XBTY drawdown since its inception was -45.23%, smaller than the maximum AMDL drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for XBTY and AMDL.

Drawdown Indicators

	XBTY	AMDL	Difference
Max Drawdown Largest peak-to-trough decline	-45.23%	-88.63%	+43.40%
Max Drawdown (1Y) Largest decline over 1 year	-45.23%	-56.13%	+10.90%
Current Drawdown Current decline from peak	-45.23%	0.00%	-45.23%
Average Drawdown Average peak-to-trough decline	-22.95%	-48.67%	+25.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.35%	28.53%	+0.82%

Volatility

XBTY vs. AMDL - Volatility Comparison

The current volatility for GraniteShares YieldBOOST Bitcoin ETF (XBTY) is 5.55%, while GraniteShares 2x Long AMD Daily ETF (AMDL) has a volatility of 48.25%. This indicates that XBTY 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

	XBTY	AMDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	48.25%	-42.70%
Volatility (6M) Calculated over the trailing 6-month period	18.20%	93.85%	-75.65%
Volatility (1Y) Calculated over the trailing 1-year period	28.34%	129.36%	-101.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.01%	116.58%	-88.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.01%	116.58%	-88.57%

XBTY vs. AMDL - Expense Ratio Comparison

XBTY has a 0.99% expense ratio, which is lower than AMDL's 1.15% expense ratio.

Dividends

XBTY vs. AMDL - Dividend Comparison

XBTY's dividend yield for the trailing twelve months is around 239.89%, while AMDL has not paid dividends to shareholders.

Position	TTM	2025
AMDL GraniteShares 2x Long AMD Daily ETF	0.00%	0.00%
XBTY GraniteShares YieldBOOST Bitcoin ETF	239.89%	102.53%

Frequently Asked Questions

Can I hold both XBTY and AMDL in my portfolio?

XBTY and AMDL have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XBTY or AMDL?

AMDL has higher volatility (48.25%) compared to XBTY (5.55%). In terms of maximum drawdown, XBTY dropped -45.23% vs AMDL's -88.63%.

Which ETF is better, XBTY or AMDL?

On 1-year performance, AMDL leads with 1145.71% vs -35.32% for XBTY. On fees, XBTY is cheaper at 0.99% per year. On volatility, XBTY has been the lower-risk option at 5.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XBTY or AMDL?

Over the 1-year period, AMDL has performed better with a 1145.71% return vs -35.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XBTY or AMDL?

XBTY is cheaper with a 0.99% expense ratio, compared with 1.15% for AMDL.

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

XBTY has the higher dividend yield at 239.89%, compared with 0.00% for AMDL.

What is the main difference between XBTY and AMDL?

XBTY is categorized as Derivative Income, while AMDL is Leveraged Equities. Their fees differ too: 0.99% for XBTY and 1.15% for AMDL.

Which has better risk-adjusted returns?

AMDL currently has the higher Sharpe Ratio (8.96 vs -1.25), 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.