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Launched

GraniteShares 2x Long AMD Daily ETF

AMDLNasdaqBThis 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.

$76.72+2.78 (+3.76%)

At close: Oct 13, 2026, 4:00 PM

B59/ 100

Rank 43 of 380 in Single-Stock Long Leveraged

B59/100Rank 43 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 73.94 to 76.72. Range 68.51 to 76.72. Use the arrow keys to read each point.70.0072.0010 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$1.2B
1Y total return
+332.4%
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
3.2M sh
NAV per share
$73.93
52W range
low $10.80high $91.16
Launched

The ETF.net AMDL Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
43 of 380
Six-pillar profile for AMDL. Scores out of 100: Cost 42, Risk 50, Mission 96, Tradability 95, Holdings not scored, Durability 84. Strongest: Mission (96). Weakest: Cost (42). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B 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.
    C42 out of 100
    Rank 222 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A96 out of 100
    Rank 34 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 164 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A95 out of 100
    Rank 4 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A84 out of 100
    Rank 8 of 380

Our read on AMDL

ETF.net Research

BA pure bet on one chip stock, doubled. AMDL aims to deliver twice AMD's daily move, resets the clock every day, and is one of the busiest names in the leveraged single-stock aisle.

Stated mandate

The fund seeks daily investment results equal to twice the daily percentage change of Advanced Micro Devices, Inc.'s common stock, before fees and expenses.

Why people hold it

  1. 01Does exactly what the label says: twice AMD's daily percentage change before fees and expenses, and it has tracked that mandate closely since launching in 2024.graniteshares.com
  2. 02Very actively traded, which makes it one of the easier 2x AMD wrappers to step into and back out of inside a single session.
  3. 03Stands among the strongest implementations in a crowded field of leveraged single-stock bull funds.

Worth knowing

  1. 01The fee is 1.07% a year, above rivals running the same 2x AMD mandate: AMDG charges 0.75%, AMDW 0.99%.
  2. 02The 2x target applies to one day only. Hold longer and daily compounding takes over, so results can diverge from twice AMD's move, especially in choppy stretches.graniteshares.com
  3. 03Everything rides on one semiconductor stock, magnified. A rough day for AMD lands twice as hard here.

AMDL Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
AMD66.7%

Sectors

  • Technology100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AMDAmd66.66%4,178,054$2.5B635
002—US Dollars33.34%1,241,598,960$1.2B85

Showing 1–2 of 2 holdings

AMDL Performance

Launched Mar 4, 2024

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.
AMDL$43,240
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. AMDL $43,240. SPY $12,044. Use the arrow keys to read each point.$2,946$29,240$55,533Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for AMDL. Periods over one year show the average yearly return.
PeriodAMDL
Year to date+375.5%
1 month+28.2%
3 months−0.8%
1 year+332.4%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AMDL
YearReturn barAMDL
2026 YTD+375.5%
2025+103.0%
2024−70.0%

History from Mar 18, 2024

AMDL in the news

Filtered to AMDL · Single-Stock Long Leveraged

AMDL Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

AMDL 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.

How much the fund’s monthly returns vary, scaled to a year.
178.6%
Annualised · 30 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.82
vs 3-month T-bills · 30 months to Sep 2026
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.

The largest fall from a peak to the low that followed.
−88.6%
30 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
8.34
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AMDL Cost

Expense ratio1.07%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

221 of the 333 Single-Stock Long Leveraged funds charge less.

AMDL costs $107.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

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