Which came closer to its stated multiple, AMAA or AMZG?

Over the window to Sep 30, 2026, AMAA finished 6.1 points from what its multiple implies and AMZG finished 1.8 points from its own, so AMZG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are AMAA and AMZG levered on the same thing?

Yes. Both are levered on Amazon.com, AMAA at +2 times and AMZG at +2 times the daily move.

Which one decays faster, AMAA or AMZG?

Decay follows how much the underlying moves about. Over this window AMAA’s moved at 41% annualized and AMZG’s at 21%, so AMAA has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold AMAA or AMZG for a year?

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’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, AMAA or AMZG?

AMAA charges 0.45% a year and AMZG charges 0.75%, so AMAA is cheaper. Fees come from each fund's prospectus.

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AMAA vs AMZG: which held to its multiple?

Over the days both have traded, AMAA finished 1.2 points from its stated multiple and AMZG 1.8. Corgi AMZN 2x Daily ETF and Leverage Shares 2X Long AMZN Daily ETF.

+0.1%

AMAA returned, 3 months

−4.5%

AMZG returned, since launch

−6.1 pts

AMAA from its stated multiple

−7.1 pts

AMZG from its stated multiple

AMAA · 3 months to Sep 30, 20266.1 pts short of its stated multiple

AMAA returned +0.1% while 2 times AMZN's move would have been +6.2%

AMZG · 1 month to Sep 30, 20261.8 pts short of its stated multiple

AMZG returned −10.0% while 2 times AMZN's move would have been −8.2%

Performance, window by window

	Total return		Multiple would give		Difference
Window	AMAA	AMZG	AMAA	AMZG	AMAA	AMZG
1 month	−9.3%	−10.0%	−8.2%	−8.2%	−1.2 pts	−1.8 pts
3 months	+0.1%	not published	+6.2%	not published	−6.1 pts	not published
Since launch AMAA Jun 2026 · AMZG Jul 2026	+2.9%	−4.5%	+9.1%	+2.6%	−6.2 pts	−7.1 pts

AMAA and AMZG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AMAA

Corgi AMZN 2x Daily ETF · Aims to return twice the daily move of Amazon.com (AMZN)

AMZG

Leverage Shares 2X Long AMZN Daily ETF · Aims to return twice the daily move of Amazon.com (AMZN)

Issuer Corgi Leverage Shares

Sets out to return +2x +2x

Underlying asset AMZN AMZN

Segment company company

Fund returned, 3 months or since launch +0.1% −10.0%

Underlying returned, over that window +3.1% −4.1%

What the stated multiple implies, over that window +6.2% −8.2%

Difference from stated, over that window −6.1 pts −1.8 pts

Fund returned, 1 year or since launch +2.9% −4.5%

Difference from stated, over that window −6.2 pts −7.1 pts

Underlying volatility 41% 21%

Difference over the days both have traded −1.2 pts −1.8 pts

Expense ratio 0.45% 0.75%

Launched Jun 30, 2026 Jul 7, 2026

Net assets $564,555 $2m

AMAA and AMZG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AMAA in plain words

Three months to Sep 30, 2026: AMAA returned +0.1% where its own daily promise gave +2.5%, 2.4 points short. Read the multiple against the whole window instead and 2 times AMZN's 3.1% implies +6.2%, which makes AMAA look 6.1 points short. 3.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. AMAA aims to return +2 times AMZN's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. AMZN moved at 41% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

AMZG in plain words

One month to Sep 30, 2026: AMZG returned −10.0% where its own daily promise gave −8.4%, 1.6 points short. Read the multiple against the whole window instead and 2 times AMZN's −4.1% implies −8.2%, which makes AMZG look 1.8 points short. 0.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. AMZG aims to return +2 times AMZN's move each day, then resets. AMZN moved at 21% annualized over that window.

Questions people ask

Which came closer to its stated multiple, AMAA or AMZG?: Over the window to Sep 30, 2026, AMAA finished 6.1 points from what its multiple implies and AMZG finished 1.8 points from its own, so AMZG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are AMAA and AMZG levered on the same thing?: Yes. Both are levered on Amazon.com, AMAA at +2 times and AMZG at +2 times the daily move.
Which one decays faster, AMAA or AMZG?: Decay follows how much the underlying moves about. Over this window AMAA’s moved at 41% annualized and AMZG’s at 21%, so AMAA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold AMAA or AMZG for a year?: 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’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, AMAA or AMZG?: AMAA charges 0.45% a year and AMZG charges 0.75%, so AMAA is cheaper. Fees come from each fund's prospectus.

Other comparisons

AMAA vs AMZD AMAA vs AMZO AMAA vs AMZU AMAA vs AMZZ AMZG vs AMZO AMZG vs AMZU AMZG vs AMZZ AMZG vs AMZD

AMAA on its own →AMZG on its own →How every figure is computed →Standards and sources →

Where these figures came from

AMAA filings on SEC EDGAR ↗AMAA prospectus with the expense ratio (SEC) ↗Corgi website ↗AMZG filings on SEC EDGAR ↗AMZG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, AMAA against AMZG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/amaa-vs-amzg

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.