Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Direxion Daily AMD Bull 2X ETF
BThis 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.
$271.56+9.27 (+3.53%)
- 1.16%
- $110M
- +338.2%
- 3.09%
- 0.1M sh
- $274.85
- low $37.95high $322.48
The ETF.net AMUU Grade
B
Score 57 out of 100
- 52 of 380
Score 57 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.C41 out of 100Rank 224 of 380Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 20 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.B69 out of 100Rank 87 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.A81 out of 100Rank 15 of 380
Our read on AMUU
BDirexion's entry in the AMD leverage race, launched in 2025. AMUU aims for 200% of AMD's daily move, and it hits that daily target about as tightly as anything in the leveraged single-stock crowd.
The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Advanced Micro Devices common shares. It is a leveraged single-stock strategy rather than an index fund.
Why people hold it
- Does the one job it advertises: 200% of AMD's daily move, tracked closely enough to rank in the upper tier of a large leveraged single-stock group.
- 2x, not 3x. A half-step of leverage on a stock that already moves, with a matching bear fund (AMDD) on the same shelf if you want the other side.direxion.com
- Screens as moderately traded rather than a ghost ticker, and Direxion runs it as a plain daily-reset swap-and-shares structure with no index licensing layer.
Worth knowing
- 1.16% a year is above the leveraged single-stock median and well above the cheapest 2x AMD wrapper (AMDG at 0.75%). Same underlying stock, different sticker.
- The 2x math resets every session. Held across a choppy stretch, results can drift meaningfully away from twice AMD's move over that period.
- One chipmaker carries the whole thing: earnings night, product cycles, guidance. And with a 2025 launch, the track record is short.
AMUU Holdings
- Stocks
- 11
- 100%
- Amd Swap Asset Leg (Amdbcl)
Sectors
- Technology100.0%
AMUU 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.
AMUU$43,824
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 | AMUU |
|---|---|
| Year to date | +383.8% |
| 1 month | +28.6% |
| 3 months | 0.0% |
| 1 year | +338.2% |
| 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 | AMUU |
|---|---|---|
| 2026 YTD | +383.8% | |
| 2025 | +145.1% |
AMUU in the news
AMUU Dividends
- 3.09%
- $8.09
- $0.17 per share
- Quarterly
Distribution history
AMUU 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.
- 208.2%
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.
- 1.52
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.
- −56.5%
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.
- 5.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AMUU Cost
1.16%
AMUU1.16%
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
225 of the 333 Single-Stock Long Leveraged funds charge less.
Other funds in Single-Stock Long Leveraged
- BCBRGLeverage Shares 2X Long CBRS Daily ETFExpense ratio 0.75%1 year return —
- BHPELThemes ETF Trust - Leverage Shares 2X Long HPE Daily ETFExpense ratio 0.99%1 year return —
- BBMNGLeverage Shares 2x Long BMNR Daily ETFExpense ratio 0.75%1 year return —
- BBRKUDirexion Shares ETF Trust - Direxion Daily BRKB Bull 2X ETFExpense ratio 1.04%1 year return −0.3%
- BFBLGraniteShares 2x Long META Daily ETFExpense ratio 1.09%1 year return −15.0%