# AMAA (Corgi AMZN 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: AMAA returned −8.9% where its own daily promise gave −8.2%, 0.7 points short.

## Key facts

- AMAA, what AMZN did: −3.9%, as of Sep 11, 2026.
- AMAA, what +2 times a day gives: −8.2%, as of Sep 11, 2026.
- AMAA, what the fund returned: −8.9%, as of Sep 11, 2026.
- AMAA, the fund itself cost: −0.7 pts, as of Sep 11, 2026.
- AMAA, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- AMAA, underlying: AMZN, as of Sep 11, 2026.

## AMAA over each window to Sep 11, 2026

| Window | Fund | AMZN | +2x the move | Difference | AMZN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −8.9% | −3.9% | −7.9% | −1.0 pts | 25% |
| Since launch | +10.0% | +7.7% | +15.5% | −5.5 pts | 44% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AMZN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | AMZN moved −3.9% over this window, too little to read a multiple from | ETFIQ |
| Underlying | AMZN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 25% annualized | ETFIQ |

## Questions

### Did AMAA return +2 times AMZN?

Over the window to Sep 11, 2026, AMZN moved −3.9% and AMAA returned −8.9%. 2 times that move is −7.9%, so the fund came out 1.0 points short of it.

### Why does AMAA not return +2 times over a year?

Because it resets daily. AMAA aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x AMZN ETF tracked its stated multiple most closely?

4 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, AMAA, data as of Sep 11, 2026. https://etfiq.com/funds/AMAA
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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