AMDC vs DAMD: which held to its multiple?
Over three months against its own daily promise, AMDC finished 2.0 points short and DAMD 0.3 points over. Corgi AMD 2x Daily ETF and Defiance Daily Target 2X Short AMD ETF.
AMDC returned +13.0% while 2 times AMD's move would have been +26.2%
DAMD returned −44.3% while −2 times AMD's move would have been −26.2%
AMDC among the 470 leveraged ETFs, long, over three months
DAMD among the 125 inverse ETFs over three months
A percentile among the 470 leveraged ETFs, long, over three months. DAMD is a percentile among the 125 inverse ETFs over three months, a different set, so the two marks are not on one scale. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | AMDC | DAMD | AMDC | DAMD | AMDC | DAMD |
| 1 month | +62.9% | −46.0% | +59.9% | −59.9% | +3.0 pts | +13.9 pts |
| 3 months | +13.0% | −44.3% | +26.2% | −26.2% | −13.2 pts | −18.1 pts |
| 6 months | not published | −95.3% | not published | not meaningful | not published | not meaningful |
| Since launch AMDC Jun 2026 · DAMD Nov 2025 | −3.7% | −95.6% | +10.6% | not meaningful | −14.3 pts | not meaningful |
AMDC and DAMD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
AMDC and DAMD on the same fields, as of Sep 30, 2026. Source: ETFIQ.
AMDC in plain words
Three months to Sep 30, 2026: AMDC returned +13.0% where its own daily promise gave +14.9%, 2.0 points short. Read the multiple against the whole window instead and 2 times AMD's 13.1% implies +26.2%, which makes AMDC look 13.2 points short. 11.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. 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 67% 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.
DAMD in plain words
Three months to Sep 30, 2026: DAMD returned −44.3% where its own daily promise gave −44.6%, 0.3 points over. Read the multiple against the whole window instead and −2 times AMD's 13.1% implies −26.2%, which makes DAMD look 18.1 points short. 18.4 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. DAMD aims to return -2 times AMD's move each day, then resets. 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.
Questions people ask
- Which came closer to its stated multiple, AMDC or DAMD?
- Over the window to Sep 30, 2026, AMDC finished 13.2 points from what its multiple implies and DAMD finished 18.1 points from its own, so AMDC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are AMDC and DAMD levered on the same thing?
- Yes. Both are levered on Advanced Micro Devices, AMDC at +2 times and DAMD at -2 times the daily move.
- Which one decays faster, AMDC or DAMD?
- Decay follows how much the underlying moves about. Over this window AMDC’s moved at 67% annualized and DAMD’s at 67%, so AMDC has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold AMDC or DAMD 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. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, AMDC against DAMD, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/amdc-vs-damd
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, AMDC against DAMD, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/amdc-vs-damd Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, AMDC against DAMD, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/amdc-vs-damd
- APA
- ETFIQ. (Sep 30, 2026). AMDC against DAMD. Retrieved from https://etfiq.com/compare/leverage/amdc-vs-damd
- Markdown
- [AMDC against DAMD (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/amdc-vs-damd)