AMDG vs AMUU: which held to its multiple?

Over the days both have traded, AMDG finished 14.2 points from its stated multiple and AMUU 14.5. Leverage Shares 2X Long AMD Daily ETF and Direxion Daily AMD Bull 2X ETF.

+12.0%
AMDG returned, 3 months
+11.7%
AMUU returned, 3 months
−14.2 pts
AMDG from its stated multiple
−14.5 pts
AMUU from its stated multiple
AMDG · 3 months to Sep 30, 202614.2 pts short of its stated multiple
14.2 pts short of its stated multipleAMDG returned +12.0% while 2 times AMD's move would have been +26.2%AMD +13.1% ×2 implies+26.2%AMDG returned+12.0%14.2 pts short of its stated multipleAMDG returned +12.0% while 2 times AMD's move would have been +26.2%AMD +13.1% ×2 implies+26.2%AMDG returned+12.0%

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

AMUU · 3 months to Sep 30, 202614.5 pts short of its stated multiple
14.5 pts short of its stated multipleAMUU returned +11.7% while 2 times AMD's move would have been +26.2%AMD +13.1% ×2 implies+26.2%AMUU returned+11.7%14.5 pts short of its stated multipleAMUU returned +11.7% while 2 times AMD's move would have been +26.2%AMD +13.1% ×2 implies+26.2%AMUU returned+11.7%

AMUU returned +11.7% 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?
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 returnMultiple would giveDifference
WindowAMDGAMUUAMDGAMUUAMDGAMUU
1 month+63.0%+63.2%+59.9%+59.9%+3.1 pts+3.3 pts
3 months+12.0%+11.7%+26.2%+26.2%−14.2 pts−14.5 pts
6 months+509.7%+519.2%not meaningfulnot meaningfulnot meaningfulnot meaningful
1 year+661.4%+678.3%not meaningfulnot meaningfulnot meaningfulnot meaningful
Since launch
AMDG Jan 2025 · AMUU Feb 2025
+901.2%+1168.2%not meaningfulnot meaningfulnot meaningfulnot meaningful

AMDG and AMUU 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)
AMUU
Direxion Daily AMD Bull 2X ETF · Aims to return twice the daily move of Advanced Micro Devices (AMD)
Issuer Leverage Shares Direxion
Sets out to return +2x +2x
Underlying asset AMD AMD
Segment company company
Fund returned, 3 months or since launch +12.0% +11.7%
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 −14.5 pts
Fund returned, 1 year or since launch +661.4% +678.3%
Difference from stated, over that window not available not available
Underlying volatility 67% 67%
Difference over the days both have traded −14.2 pts −14.5 pts
Expense ratio 0.78% 1.06%
Launched Jan 24, 2025 Feb 12, 2025
Net assets $34m $112m

AMDG and AMUU 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.

AMUU in plain words

Three months to Sep 30, 2026: AMUU returned +11.7% where its own daily promise gave +14.9%, 3.2 points short. Read the multiple against the whole window instead and 2 times AMD's 13.1% implies +26.2%, which makes AMUU look 14.5 points short. AMUU aims to return +2 times AMD's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, AMDG or AMUU?
Over the window to Sep 30, 2026, AMDG finished 14.2 points from what its multiple implies and AMUU finished 14.5 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 AMUU levered on the same thing?
Yes. Both are levered on Advanced Micro Devices, AMDG at +2 times and AMUU at +2 times the daily move.
Which one decays faster, AMDG or AMUU?
Decay follows how much the underlying moves about. Over this window AMDG’s moved at 67% annualized and AMUU’s at 67%, so AMDG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold AMDG or AMUU 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 AMUU?
AMDG charges 0.78% a year and AMUU charges 1.06%, so AMDG is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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