{"url":"https://etfiq.com/compare/leverage/amaa-vs-amzd","section":"compare","title":"AMAA vs AMZD: which held to its multiple? | ETFIQ","description":"AMAA sets out to return +2 times AMZN each day and AMZD -1 times. Over the three months to Sep 30, 2026 they finished \u22126.1 pts and \u22122.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AMAA or AMZD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AMAA finished 6.1 points from what its multiple implies and AMZD finished 2.5 points from its own, so AMZD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AMAA and AMZD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Amazon.com, AMAA at +2 times and AMZD at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AMAA or AMZD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AMAA\u2019s moved at 41% annualized and AMZD\u2019s at 41%, so AMAA has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AMAA or AMZD for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, AMAA or AMZD?","acceptedAnswer":{"@type":"Answer","text":"AMAA charges 0.45% a year and AMZD charges 1.02%, so AMAA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"AMAA vs AMZD","item":"https://etfiq.com/compare/leverage/amaa-vs-amzd"}]},{"@type":"WebPage","name":"AMAA vs AMZD: which held to its multiple?","description":"AMAA sets out to return +2 times AMZN each day and AMZD -1 times. Over the three months to Sep 30, 2026 they finished \u22126.1 pts and \u22122.5 pts away.","url":"https://etfiq.com/compare/leverage/amaa-vs-amzd","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, AMAA finished 2.4 points short and AMZD 1.3 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AMAA and AMZD","description":"AMAA sets out to return +2 times AMZN each day and AMZD -1 times. Over the three months to Sep 30, 2026 they finished \u22126.1 pts and \u22122.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/amaa-vs-amzd","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7175,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AMAA vs AMZD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AMAA vs AMZD: which held to its multiple?\n\n Over three months against its own daily promise, AMAA finished 2.4 points short and AMZD 1.3 points over.\n Copy this for sharing \n \n Corgi AMZN 2x Daily ETF and Direxion Daily AMZN Bear 1X ETF.\n\n Download as PDF \n\n +0.1% AMAA returned, 3 months \n \u22125.6% AMZD returned, 3 months \n \u22126.1 pts AMAA from its stated multiple \n \u22122.5 pts AMZD from its stated multiple \n\n ETFIQ Decay Resistance Score: AMAA scores higher\n Did it keep up with","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/amaa-vs-amzd","a":{"ticker":"AMAA","name":"Corgi AMZN 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AMAA returned +0.1% where its own daily promise gave +2.5%, 2.4 points short.","url":"https://etfiq.com/funds/amaa","key_facts":[{"label":"What AMZN did","value":"+3.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+2.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+0.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$564,555","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"AMZD","name":"Direxion Daily AMZN Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AMZD returned \u22125.6% where its own daily promise gave \u22127.0%, 1.3 points over.","url":"https://etfiq.com/funds/amzd","key_facts":[{"label":"What AMZN did","value":"+3.1%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u22127.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22125.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.02%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/amaa-vs-amzd"}