Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Leverage Shares 2x Long AMD Daily ETF
AThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$129.87+4.61 (+3.68%)
- 0.75%
- $28M
- +327.5%
- 0.1M sh
- $131.22
- low $18.31high $154.32
The ETF.net AMDG Grade
A
Score 72 out of 100
- 1 of 380
Score 72 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B67 out of 100Rank 87 of 380Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 77 of 148Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 72 of 363Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A85 out of 100Rank 32 of 380Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 83 of 380
Our read on AMDG
AThe low-fee way to run the same trade: 200% of AMD's daily move, priced at 0.75% a year while the other 2x AMD funds sit near and above 1%. Same mechanic, cheaper meter.
The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Advanced Micro Devices, Inc. stock (AMD).
Why people hold it
- 0.75% a year undercuts both rival 2x AMD funds (AMDL at 1.07%, AMDW at 0.99%) and the roughly 1% median across leveraged single-stock funds.
- One ticker does the job: the fund aims for 200% of AMD's daily performance, no margin account, no options chain, no rolling your own leverage.leverageshares.com
- It has hit its stated daily multiple closely, and ranks among the strongest implementations in a cohort of a couple hundred leveraged single-stock funds.
- A 1940 Act registered fund, not a note, so there is no bank credit risk sitting behind the exposure.
Worth knowing
- Leverage resets daily. Hold longer and compounding takes over, so multi-day results can drift well away from 2x AMD's move over the same stretch. Chop is the enemy.
- One company, doubled. An AMD earnings miss or product headline lands twice as hard here, with no other holding to soften it.
- Launched in 2025, the youngest of the three 2x AMD funds, and the smaller of the group, so spreads deserve a look before trading.
AMDG Holdings
- Stocks
- 5
- 220%
- Advanced Micro Devices Inc Swap - L - Clearstreet
AMDG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
AMDG$42,751
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AMDG |
|---|---|
| Year to date | +372.9% |
| 1 month | +28.2% |
| 3 months | −0.8% |
| 1 year | +327.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AMDG |
|---|---|---|
| 2026 YTD | +372.9% | |
| 2025 | +97.0% |
AMDG in the news
AMDG Dividends
- $2.97 per share
- Irregular
Distribution data unavailable.
Distribution history
AMDG Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 206.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.37
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −63.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 5.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AMDG Cost
0.75%
AMDG0.75%
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
86 of the 333 Single-Stock Long Leveraged funds charge less.
Other funds in Single-Stock Long Leveraged
- AASMGLeverage Shares 2x Long ASML Daily ETFExpense ratio 0.75%1 year return +152.4%
- AUNHGLeverage Shares 2x Long UNH Daily ETFExpense ratio 0.75%1 year return −9.6%
- ATSMGLeverage Shares 2x Long TSM Daily ETFExpense ratio 0.75%1 year return +95.0%
- ACOTGLeverage Shares 2X Long COST Daily ETFExpense ratio 0.75%1 year return −7.5%
- AGGLLDirexion Daily GOOGL Bull 2X ETFExpense ratio 0.96%1 year return +83.8%