{
 "ticker": "AMDG",
 "name": "Leverage Shares 2X Long AMD Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/AMDG",
 "html": "https://etfiq.com/funds/AMDG",
 "markdown": "https://etfiq.com/funds/AMDG.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: AMDG returned \u221213.0% where its own daily promise gave \u22129.6%, 3.4 points short.",
 "key_facts": [
  {
   "key": "what_amd_did",
   "label": "What AMD did",
   "value": "+0.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMDG, what AMD did: +0.9%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u22129.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMDG, what +2 times a day gives: \u22129.6%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221213.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMDG, what the fund returned: \u221213.0%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMDG, the fund itself cost: \u22123.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$34m",
   "source": "issuer page, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "AMDG, net assets: $34m (issuer page, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-09-11",
   "sentence": "AMDG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of AMD, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "AMD moved +0.9% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "AMD",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$34m",
   "source": "issuer page, as of Sep 10, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 24, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "70% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+10.3%",
   "AMD": "+6.9%",
   "+2x the move": "+13.7%",
   "Difference": "\u22123.4 pts",
   "AMD moved about": "50%"
  },
  {
   "window": "3 months",
   "Fund": "\u221213.0%",
   "AMD": "+0.9%",
   "+2x the move": "+1.8%",
   "Difference": "\u221214.8 pts",
   "AMD moved about": "70%"
  },
  {
   "window": "6 months",
   "Fund": "+413.8%",
   "AMD": "+166.9%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "AMD moved about": "75%"
  },
  {
   "window": "1 year",
   "Fund": "+493.0%",
   "AMD": "+231.6%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "AMD moved about": "72%"
  },
  {
   "window": "Since launch",
   "Fund": "+626.9%",
   "AMD": "+320.2%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "AMD moved about": "67%"
  }
 ],
 "questions": [
  {
   "q": "Did AMDG return +2 times AMD?",
   "a": "Over the window to Sep 11, 2026, AMD moved +0.9% and AMDG returned \u221213.0%. 2 times that move is +1.8%, so the fund came out 14.8 points short of it."
  },
  {
   "q": "Why does AMDG not return +2 times over a year?",
   "a": "Because it resets daily. AMDG 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."
  },
  {
   "q": "Which +2x AMD ETF tracked its stated multiple most closely?",
   "a": "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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}