{"url":"https://etfiq.com/compare/leverage/amdd-vs-damd","section":"compare","title":"AMDD vs DAMD: which held to its multiple? | ETFIQ","description":"AMDD sets out to return -1 times AMD each day and DAMD -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u221220.1 pts away.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AMDD or DAMD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 9, 2026, AMDD finished 6.4 points from what its multiple implies and DAMD finished 20.1 points from its own, so AMDD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AMDD and DAMD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Advanced Micro Devices, AMDD at -1 times and DAMD at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AMDD or DAMD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AMDD\u2019s moved at 63% annualized and DAMD\u2019s at 63%, so AMDD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AMDD or DAMD 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, AMDD or DAMD?","acceptedAnswer":{"@type":"Answer","text":"AMDD charges 1.03% a year and DAMD charges 1.30%, so AMDD 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":"AMDD vs DAMD","item":"https://etfiq.com/compare/leverage/amdd-vs-damd"}]},{"@type":"WebPage","name":"AMDD vs DAMD: which held to its multiple?","description":"AMDD sets out to return -1 times AMD each day and DAMD -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u221220.1 pts away.","url":"https://etfiq.com/compare/leverage/amdd-vs-damd","dateModified":"2026-10-09","abstract":"Over three months against its own daily promise, AMDD finished 1.7 points over and DAMD 0.4 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 AMDD and DAMD","description":"AMDD sets out to return -1 times AMD each day and DAMD -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u221220.1 pts away.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/amdd-vs-damd","license":"https://etfiq.com/license/","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":7681,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AMDD vs DAMD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n AMDD vs DAMD: which held to its multiple?\n\n Over three months against its own daily promise, AMDD finished 1.7 points over and DAMD 0.4 points over.\n Copy this for sharing \n \n AMDD costs 0.27 points a year less; DAMD is 1.7 times larger.\n AMDD and DAMD at a glance. As of Oct 9, 2026. Source: ETFIQ. AMDD DAMD \n Expense ratio 1.03% 1.30% \n Net assets, as of Oct 8, 2026 $21m $36m \n Total return, 1 year \u221274.5% not published \n What it tracks AMD AMD \n Holdings in common not pu","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/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, AMDD against DAMD, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/amdd-vs-damd","a":{"ticker":"AMDD","name":"Direxion Daily AMD Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: AMDD returned \u221215.4% where its own daily promise gave \u221217.1%, 1.7 points over.","url":"https://etfiq.com/funds/amdd","key_facts":[{"label":"What AMD did","value":"+9.0%","as_of":"2026-10-09","source":null},{"label":"What \u22121 times a day gives","value":"\u221217.1%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u221215.4%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+1.7 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$21m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"1.03%","as_of":"2026-10-09","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"DAMD","name":"Defiance Daily Target 2X Short AMD ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: DAMD returned \u221238.1% where its own daily promise gave \u221238.5%, 0.4 points over.","url":"https://etfiq.com/funds/damd","key_facts":[{"label":"What AMD did","value":"+9.0%","as_of":"2026-10-09","source":null},{"label":"What \u22122 times a day gives","value":"\u221238.5%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u221238.1%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+0.4 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$36m","as_of":"2026-10-09","source":"the issuer\u2019s own daily fund list, as of Oct 8, 2026"},{"label":"Expense ratio","value":"1.30%","as_of":"2026-10-09","source":"485BPOS XBRL, Aug 25, 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/amdd-vs-damd"}