Which came closer to its stated multiple, AMDG or AMDL?

Over the window to Sep 30, 2026, AMDG finished 14.2 points from what its multiple implies and AMDL finished 15.5 points from its own, so AMDG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are AMDG and AMDL levered on the same thing?

Yes. Both are levered on Advanced Micro Devices, AMDG at +2 times and AMDL at +2 times the daily move.

Which one decays faster, AMDG or AMDL?

Decay follows how much the underlying moves about. Over this window AMDG’s moved at 67% annualized and AMDL’s at 67%, so AMDG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold AMDG or AMDL 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, AMDG or AMDL?

AMDG charges 0.78% a year and AMDL charges 1.07%, so AMDG is cheaper. Fees come from each fund's prospectus.

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AMDG vs AMDL: which held to its multiple?

Over the days both have traded, AMDG finished 14.2 points from its stated multiple and AMDL 15.5. Leverage Shares 2X Long AMD Daily ETF and GraniteShares 2x Long AMD Daily ETF.

+12.0%

AMDG returned, 3 months

+10.7%

AMDL returned, 3 months

−14.2 pts

AMDG from its stated multiple

−15.5 pts

AMDL from its stated multiple

AMDG · 3 months to Sep 30, 202614.2 pts short of its stated multiple

AMDG returned +12.0% while 2 times AMD's move would have been +26.2%

AMDL · 3 months to Sep 30, 202615.5 pts short of its stated multiple

AMDL returned +10.7% while 2 times AMD's move would have been +26.2%

ETFIQ Decay Resistance Score · AMDG scores higherDid it keep up with its own daily multiple, compounded day by day?

AMDG 42

AMDL 20.7

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. 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	AMDG	AMDL	AMDG	AMDL	AMDG	AMDL
1 month	+63.0%	+63.4%	+59.9%	+59.9%	+3.1 pts	+3.4 pts
3 months	+12.0%	+10.7%	+26.2%	+26.2%	−14.2 pts	−15.5 pts
6 months	+509.7%	+506.4%	not meaningful	not meaningful	not meaningful	not meaningful
1 year	+661.4%	+665.5%	not meaningful	not meaningful	not meaningful	not meaningful
Since launch AMDG Jan 2025 · AMDL Mar 2024	+901.2%	+210.0%	not meaningful	not meaningful	not meaningful	not meaningful

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

On the same fields

AMDG

Leverage Shares 2X Long AMD Daily ETF · Aims to return twice the daily move of Advanced Micro Devices (AMD)

AMDL

GraniteShares 2x Long AMD Daily ETF · Aims to return twice the daily move of Advanced Micro Devices (AMD)

Issuer Leverage Shares GraniteShares

Sets out to return +2x +2x

Underlying asset AMD AMD

Segment company company

Fund returned, 3 months or since launch +12.0% +10.7%

Underlying returned, over that window +13.1% +13.1%

What the stated multiple implies, over that window +26.2% +26.2%

Difference from stated, over that window −14.2 pts −15.5 pts

Fund returned, 1 year or since launch +661.4% +665.5%

Difference from stated, over that window not available not available

Underlying volatility 67% 67%

Difference over the days both have traded −14.2 pts −15.5 pts

Expense ratio 0.78% 1.07%

Launched Jan 24, 2025 Mar 18, 2024

Net assets $34m $1.4bn

AMDG and AMDL on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AMDG in plain words

Three months to Sep 30, 2026: AMDG returned +12.0% where its own daily promise gave +14.9%, 3.0 points short. Read the multiple against the whole window instead and 2 times AMD's 13.1% implies +26.2%, which makes AMDG look 14.2 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. AMDG 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.

AMDL in plain words

Three months to Sep 30, 2026: AMDL returned +10.7% where its own daily promise gave +14.9%, 4.2 points short. Read the multiple against the whole window instead and 2 times AMD's 13.1% implies +26.2%, which makes AMDL look 15.5 points short. AMDL aims to return +2 times AMD's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, AMDG or AMDL?: Over the window to Sep 30, 2026, AMDG finished 14.2 points from what its multiple implies and AMDL finished 15.5 points from its own, so AMDG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are AMDG and AMDL levered on the same thing?: Yes. Both are levered on Advanced Micro Devices, AMDG at +2 times and AMDL at +2 times the daily move.
Which one decays faster, AMDG or AMDL?: Decay follows how much the underlying moves about. Over this window AMDG’s moved at 67% annualized and AMDL’s at 67%, so AMDG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold AMDG or AMDL 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, AMDG or AMDL?: AMDG charges 0.78% a year and AMDL charges 1.07%, so AMDG is cheaper. Fees come from each fund's prospectus.

Other comparisons

AMDG vs AMUU AMDG vs DAMD AMDG vs AMDC AMDL vs AMUU AMDL vs DAMD AMDL vs AMDC

AMDG on its own →AMDL on its own →How every figure is computed →Standards and sources →

Where these figures came from

AMDG filings on SEC EDGAR ↗AMDG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗AMDL filings on SEC EDGAR ↗AMDL prospectus with the expense ratio (SEC) ↗GraniteShares page for AMDL ↗

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, AMDG against AMDL, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/amdg-vs-amdl

Open data

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