# AMZO (Tradr 2X Short AMZN Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: AMZO returned −16.4% where its own daily promise gave −17.8%, 1.4 points over.

## Key facts

- AMZO, what AMZN did: +3.1%, as of Sep 30, 2026.
- AMZO, what −2 times a day gives: −17.8%, as of Sep 30, 2026.
- AMZO, what the fund returned: −16.4%, as of Sep 30, 2026.
- AMZO, the fund itself added: +1.4 pts, as of Sep 30, 2026.
- AMZO, net assets: $883,087 (the issuer’s own daily fund list, as of Sep 30, 2026).
- AMZO, expense ratio: 1.49% (485BPOS XBRL, Jan 20, 2026).

## AMZO over each window to Sep 30, 2026

| Window | Fund | AMZN | -2x the move | Difference | AMZN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +8.0% | −4.1% | +8.2% | −0.2 pts | 21% |
| 3 months | −16.4% | +3.1% | −6.2% | −10.2 pts | 41% |
| 6 months | −40.2% | +18.3% | −36.6% | −3.6 pts | 36% |
| Since launch | −42.8% | +20.2% | −40.4% | −2.4 pts | 37% |

## 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 +3.1% over this window, too little to read a multiple from | ETFIQ |
| Underlying | AMZN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $883,087 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jan 20, 2026 |
| Launched | Mar 24, 2026 | ETFIQ |
| Underlying volatility over the window | 41% annualized | ETFIQ |

## Questions

### Did AMZO return -2 times AMZN?

Over the window to Sep 30, 2026, AMZN moved +3.1% and AMZO returned −16.4%. −2 times that move is −6.2%, so the fund came out 10.2 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 30, 2026. https://etfiq.com/funds/amzo
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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