# AMZO (Tradr 2X Short AMZN Daily ETF)

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

Three months to Sep 11, 2026: AMZO returned −24.8% where its own daily promise gave −25.9%, 1.0 points over.

## Key facts

- AMZO, what AMZN did: +7.6%, as of Sep 11, 2026.
- AMZO, what −2 times a day gives: −25.9%, as of Sep 11, 2026.
- AMZO, what the fund returned: −24.8%, as of Sep 11, 2026.
- AMZO, the fund itself added: +1.0 pts, as of Sep 11, 2026.
- AMZO, net assets: $1m (source, as filed for Jun 30, 2026).
- AMZO, expense ratio: 1.49% (485BPOS XBRL, Jan 20, 2026).

## AMZO over each window to Sep 11, 2026

| Window | Fund | AMZN | -2x the move | Difference | AMZN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +6.9% | −3.9% | +7.9% | −0.9 pts | 25% |
| 3 months | −24.8% | +7.6% | −15.3% | −9.6 pts | 44% |
| Since launch | −46.0% | +23.9% | −47.8% | +1.8 pts | 38% |

## 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 | -3.25 times, against -2 stated | ETFIQ |
| Underlying | AMZN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $1m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jan 20, 2026 |
| Launched | Mar 24, 2026 | ETFIQ |
| Underlying volatility over the window | 44% annualized | ETFIQ |

## Questions

### Did AMZO return -2 times AMZN?

Over the window to Sep 11, 2026, AMZN moved +7.6% and AMZO returned −24.8%. 2 times that move is −15.3%, so the fund came out 9.6 points short of it.

### Why does AMZO not return -2 times over a year?

Because it resets daily. AMZO 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.


## Cite this page

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

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