{"url":"https://etfiq.com/compare/leverage/amkl-vs-amkx","section":"compare","title":"AMKL vs AMKX: which held to its multiple? | ETFIQ","description":"AMKL sets out to return +2 times AMKR each day and AMKX +2 times. Over the month to Sep 30, 2026 they finished \u22124.8 pts and \u22123.7 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AMKL or AMKX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AMKL finished 0.6 points from what its multiple implies and AMKX finished 3.7 points from its own, so AMKL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AMKL and AMKX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Amkor Technology, AMKL at +2 times and AMKX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AMKL or AMKX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AMKL\u2019s moved at 91% annualized and AMKX\u2019s at 57%, so AMKL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AMKL or AMKX 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, AMKL or AMKX?","acceptedAnswer":{"@type":"Answer","text":"AMKL charges 1.31% a year and AMKX charges 0.45%, so AMKX 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":"AMKL vs AMKX","item":"https://etfiq.com/compare/leverage/amkl-vs-amkx"}]},{"@type":"WebPage","name":"AMKL vs AMKX: which held to its multiple?","description":"AMKL sets out to return +2 times AMKR each day and AMKX +2 times. Over the month to Sep 30, 2026 they finished \u22124.8 pts and \u22123.7 pts away.","url":"https://etfiq.com/compare/leverage/amkl-vs-amkx","dateModified":"2026-09-30","abstract":"Over the days both have traded, AMKL finished 4.8 points from its stated multiple and AMKX 3.7.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AMKL and AMKX","description":"AMKL sets out to return +2 times AMKR each day and AMKX +2 times. Over the month to Sep 30, 2026 they finished \u22124.8 pts and \u22123.7 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/amkl-vs-amkx","license":"https://etfiq.com/standards/","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":6025,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AMKL vs AMKX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AMKL vs AMKX: which held to its multiple?\n\n Over the days both have traded, AMKL finished 4.8 points from its stated multiple and AMKX 3.7.\n Copy this for sharing \n \n Defiance Daily Target 2X Long AMKR ETF and Corgi AMKR 2x Daily ETF.\n\n Download as PDF \n\n \u221269.4% AMKL returned, 3 months \n \u221250.8% AMKX returned, since launch \n \u22120.6 pts AMKL from its stated multiple \n \u221211.4 pts AMKX from its stated multiple \n\n AMKL 0.6 pts short of its stated multiple \u00b7 3 months to Sep 30, 2","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/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/amkl-vs-amkx","a":{"ticker":"AMKL","name":"Defiance Daily Target 2X Long AMKR ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AMKL returned \u221269.4% where its own daily promise gave \u221267.2%, 2.2 points short.","url":"https://etfiq.com/funds/amkl","key_facts":[{"label":"What AMKR did","value":"\u221234.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221267.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221269.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 28, 2026"}]},"b":{"ticker":"AMKX","name":"Corgi AMKR 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: AMKX returned +18.2% where its own daily promise gave +19.6%, 1.5 points short.","url":"https://etfiq.com/funds/amkx","key_facts":[{"label":"What AMKR did","value":"+10.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+19.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+18.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$215,059","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"issuer page"}]},"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/amkl-vs-amkx"}