{"url":"https://etfiq.com/compare/leverage/amuu-vs-damd","section":"compare","title":"AMUU vs DAMD: which held to its multiple? | ETFIQ","description":"AMUU sets out to return +2 times AMD each day and DAMD -2 times. Over the three months to Sep 30, 2026 they finished \u221214.5 pts and \u221218.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AMUU or DAMD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AMUU finished 14.5 points from what its multiple implies and DAMD finished 18.1 points from its own, so AMUU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AMUU and DAMD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Advanced Micro Devices, AMUU at +2 times and DAMD at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AMUU or DAMD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AMUU\u2019s moved at 67% annualized and DAMD\u2019s at 67%, so AMUU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AMUU 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, AMUU or DAMD?","acceptedAnswer":{"@type":"Answer","text":"AMUU charges 1.06% a year and DAMD charges 1.30%, so AMUU 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":"AMUU vs DAMD","item":"https://etfiq.com/compare/leverage/amuu-vs-damd"}]},{"@type":"WebPage","name":"AMUU vs DAMD: which held to its multiple?","description":"AMUU sets out to return +2 times AMD each day and DAMD -2 times. Over the three months to Sep 30, 2026 they finished \u221214.5 pts and \u221218.1 pts away.","url":"https://etfiq.com/compare/leverage/amuu-vs-damd","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, AMUU finished 3.2 points short and DAMD 0.3 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 AMUU and DAMD","description":"AMUU sets out to return +2 times AMD each day and DAMD -2 times. Over the three months to Sep 30, 2026 they finished \u221214.5 pts and \u221218.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/amuu-vs-damd","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":7252,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AMUU vs DAMD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AMUU vs DAMD: which held to its multiple?\n\n Over three months against its own daily promise, AMUU finished 3.2 points short and DAMD 0.3 points over.\n Copy this for sharing \n \n Direxion Daily AMD Bull 2X ETF and Defiance Daily Target 2X Short AMD ETF.\n\n Download as PDF \n\n +11.7% AMUU returned, 3 months \n \u221244.3% DAMD returned, 3 months \n \u221214.5 pts AMUU from its stated multiple \n \u221218.1 pts DAMD from its stated multiple \n\n ETFIQ Decay Resistance Score: AMUU scores higher\n D","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/amuu-vs-damd","a":{"ticker":"AMUU","name":"Direxion Daily AMD Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AMUU returned +11.7% where its own daily promise gave +14.9%, 3.2 points short.","url":"https://etfiq.com/funds/amuu","key_facts":[{"label":"What AMD did","value":"+13.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+14.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+11.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$112m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.06%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"DAMD","name":"Defiance Daily Target 2X Short AMD ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DAMD returned \u221244.3% where its own daily promise gave \u221244.6%, 0.3 points over.","url":"https://etfiq.com/funds/damd","key_facts":[{"label":"What AMD did","value":"+13.1%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221244.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221244.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$34m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.30%","as_of":"2026-09-30","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/amuu-vs-damd"}