AMDC vs AMDD: which held to its multiple?
Over three months against its own daily promise, AMDC finished 3.0 points short and AMDD 1.7 points over. Corgi AMD 2x Daily ETF and Direxion Daily AMD Bear 1X ETF.
AMDC costs 0.58 points a year less; AMDD is 12.7 times larger.
| AMDC | AMDD | |
|---|---|---|
| Expense ratio | 0.45% | 1.03% |
| Net assets, AMDC as of Oct 9, 2026 and AMDD as of Oct 8, 2026 | $2m | $21m |
| Total return, 1 year | not published | −74.5% |
| What it tracks | AMD | AMD |
| Holdings in common | not published | |
| What its daily multiple gave, 3 months | +7.9% | −17.1% |
| What the underlying did, 3 months | AMD 9.0% | AMD 9.0% |
AMDC returned +4.9% while 2 times AMD's move would have been +18.0%. Figures from Jul 10, 2026 to Oct 9, 2026.
AMDC returned +4.9% while 2 times AMD's move would have been +18.0%. Figures from Jul 10, 2026 to Oct 9, 2026.
AMDD returned −15.4% while −1 times AMD's move would have been −9.0%. Figures from Jul 10, 2026 to Oct 9, 2026.
AMDD returned −15.4% while −1 times AMD's move would have been −9.0%. Figures from Jul 10, 2026 to Oct 9, 2026.
AMDC among the 517 leveraged ETFs, long, over three months
AMDD among the 128 inverse ETFs over three months
A percentile among the 517 leveraged ETFs, long, over three months. AMDD is a percentile among the 128 inverse ETFs over three months, a different set, so the two marks are not on one scale. All leveraged ETFs ranked by it → How it is computed →
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | AMDC | AMDD | AMDC | AMDD | AMDC | AMDD |
| 1 month | +32.2% | −15.9% | +33.4% | −16.7% | −1.2 pts | +0.8 pts |
| 3 months | +4.9% | −15.4% | +18.0% | −9.0% | −13.1 pts | −6.4 pts |
| 6 months | not published | −68.9% | not published | not meaningful | not published | not meaningful |
| 1 year | not published | −74.5% | not published | not meaningful | not published | not meaningful |
| Since launch AMDC Jun 2026 · AMDD Feb 2025 | −5.7% | −90.3% | +9.4% | not meaningful | −15.1 pts | not meaningful |
Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
As of Oct 9, 2026. Source: ETFIQ.
AMDC in plain words
Three months to Oct 9, 2026: AMDC returned +4.9% where its own daily promise gave +7.9%, 3.0 points short. Read the multiple against the whole window instead and 2 times AMD's 9.0% implies +18.0%, which makes AMDC look 13.1 points short. That 13.1 is two pieces: daily compounding, −10.1 points, which happens to any 2 times fund over the same path, and the fund itself, −3.0 points against its own daily promise. AMDC aims to return +2 times AMD'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. AMD moved at 63% 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.
AMDD in plain words
Three months to Oct 9, 2026: AMDD returned −15.4% where its own daily promise gave −17.1%, 1.7 points over. Read the multiple against the whole window instead and −1 times AMD's 9.0% implies −9.0%, which makes AMDD look 6.4 points short. That 6.4 is two pieces: daily compounding, −8.1 points, which happens to any −1 times fund over the same path, and the fund itself, +1.7 points against its own daily promise. AMDD aims to return -1 times AMD's move each day, then resets. Over longer, the daily results compound, so the total is not -1 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.
Questions people ask
- Which came closer to its stated multiple, AMDC or AMDD?
- Over the window to Oct 9, 2026, AMDC finished 13.1 points from what its multiple implies and AMDD finished 6.4 points from its own, so AMDD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are AMDC and AMDD levered on the same thing?
- Yes. Both are levered on Advanced Micro Devices, AMDC at +2 times and AMDD at -1 times the daily move.
- Which one decays faster, AMDC or AMDD?
- Decay follows how much the underlying moves about. Over this window AMDC’s moved at 63% annualized and AMDD’s at 63%, so AMDC has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold AMDC or AMDD 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.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
It is a position in a set, not a rating, and neither end of it is a recommendation.
Every figure is an ETFIQ calculation with distributions reinvested.
ETFIQ, AMDC against AMDD, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/amdc-vs-amdd
ETFIQ. (Oct 9, 2026). AMDC against AMDD. Retrieved from https://etfiq.com/compare/leverage/amdc-vs-amdd
[AMDC against AMDD (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/leverage/amdc-vs-amdd)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.