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AMDG vs GRAG

Leverage Shares 2x Long AMD Daily ETF

AMDGBNasdaq

Leverage Shares 2x Long GRAB Daily ETF

GRAGCNasdaq

Overlap

8.1%by weight

Expense ratio

GRAG −0.03pt a year

AMDG0.78%GRAG0.75%

Avg volume · 30D

AMDG 1.00×the volume

AMDG48.9KGRAG48.8K

AMDG vs GRAG Performance

Dec 31, 2025 – Nov 5, 2026

+95.9%AMDG−62.1%GRAG

Dec 31, 2025 to Nov 5, 2026. AMDG +95.9%. GRAG −62.1%. Use the arrow keys to read each point.0%200%300%400%500%Dec 2025Jun 2026Nov 2026
Expense ratio
AMDG 0.78%
GRAG 0.75%, better
Fund size
AMDG $20M
GRAG $3M
1Y total return
AMDG +28.5%
GRAG No data
Holdings
AMDG 5
GRAG 4
Avg volume (30D)
AMDG 48.9K sh, better
GRAG 48.8K sh
NAV per share
AMDG $79.93
GRAG $4.87
52W range

ETF.net Grade

AMDG: Cost 60, Risk 74, Mission 90, Tradability 84, Holdings not scored, Durability 65. GRAG: Cost 70, Risk 48, Mission 67, Tradability 46, Holdings not scored, Durability 44.
Pillar letters and Scores for AMDG, GRAG, with each pillar’s weight
PillarAMDGGRAG
Cost30% weightB60A70Higher
Mission25% weightA90HigherB67
Risk15% weightA74HigherC48
Tradability15% weightA84HigherC46
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherC44

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AMDG and GRAG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

AMDG ranks 4th and GRAG 123rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 74
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  4. Rank 4BAMDGLeverage Shares 2x Long AMD Daily ETFScore 69
  5. Rank 4BASMGLeverage Shares 2x Long ASML Daily ETFScore 69
  6. Rank 123CGOOLLeverage Shares 2X Long GOOGL Daily ETFScore 40
  7. Rank 123CGRAGLeverage Shares 2x Long GRAB Daily ETFScore 40
  8. Rank 123CHIMCCorgi HIMS 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

AMDGBLeverage Shares 2x Long AMD Daily ETF

GRAGCLeverage Shares 2x Long GRAB Daily ETF

In short

AMDG The low-cost way to rent 2x AMD. Total return swaps with several banks, rebalanced at every close, targeting double AMD's daily move, at a flat 0.78% with no waiver.

GRAG Two times Grab Holdings' daily move, in an ETF you can hold in a plain brokerage account. It costs 0.75%, under the usual toll for single-stock leverage, and the exposure resets every day, which makes it a short-horizon instrument.

Stated mandate

AMDG The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Advanced Micro Devices, Inc. stock (AMD).

GRAG The fund seeks daily investment results equal to 200% (2x) of Grab Holdings Limited stock's daily performance before fees and expenses.

Why people hold it

  • AMDG Costs 0.78% flat, no waiver, and sits below the typical fee in its category. The other 2x daily AMD fund, AMDL, charges 1.07%.
  • Tracks its stated 200%-of-AMD's-daily-move target closely, one of the stronger implementations in a single-stock leveraged bull group numbering in the hundreds.
  • Clean plumbing: a swap book spread across multiple counterparties, rebalanced at each close so exposure resets to the 2x target.leverageshares.com
  • GRAG 0.75% a year matches the rest of the Leverage Shares 2x lineup (UNHG, ASMG, AMDG) and undercuts the 0.96% on Direxion's AAPU and GGLL.
  • One dial, no moving parts: 200% of Grab's daily move before fees. No options to roll, no index to track, no margin account or swap agreement of your own.leverageshares.com
  • Single-stock leverage skews US megacap (AAPU on Apple, GGLL on Alphabet). This one aims the same 2x machinery at Grab Holdings, a name outside that pack.

Worth knowing

  • AMDG The daily reset compounds. Hold past a day and results can diverge from 2x AMD, with choppy markets doing the most damage.leverageshares.comleverageshares.com 2
  • One stock, doubled. A rough day for AMD lands roughly twice as hard here, and the fund is non-diversified by design.leverageshares.com
  • Smaller and more thinly traded than the longest-running 2x AMD fund, so spreads and limit orders carry more weight.
  • GRAG The 2x target is a one-day target. Hold longer and compounding takes over, so multi-day results can drift from twice Grab's move over the same stretch.leverageshares.com
  • One company, doubled. An earnings miss, a regulatory shift or a single headline at Grab lands here at twice the size, with no other holdings to cushion it.
  • It launched in December 2025 and has traded thinly since. Light volume tends to mean wider bid/ask spreads and more slippage on the way in and out.

Full AMDG profile⁠

Full GRAG profile⁠

AMDG vs GRAG Holdings

How AMDG and GRAG differ

Overlap by weight

8.1%

Shared holdings make up 17.6% of AMDG and 8.1% of GRAG.

About this figure: AMDG gets much of its exposure from swaps and futures, which aren’t counted.

GRAG gets much of its exposure from swaps and futures, which aren’t counted.

Level by level

  • Holdings1 in both8.1%
  • Asset classStocks100%
  • Countryby domicile100%

Sector

No Sector split for AMDG and GRAG.

Country, concentration and asset class

Country by domicile

Country weights in AMDG and GRAG, widest gap first
CountryMore in AMDGMore in GRAGGap
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • AMDG217.6%
  • GRAG208.1%

Securities held

  • AMDG1
  • GRAG1

Asset class

AMDG
Stocks
GRAG
Stocks

Holdings

  • Only in AMDG0
  • In both1
  • Only in GRAG0

Only in AMDG

0 securities, 0.0% of AMDG by weight

Only in GRAG

0 securities, 0.0% of GRAG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in AMDG and GRAG, widest gap first
HoldingMore in AMDGMore in GRAGGap
First American Treasury Obligations Fund 01/01/2040AMDG +9.44 points

All 5 AMDG holdings⁠All 4 GRAG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AMDG vs GRAG Cost

Overpaying AMDG vs GRAG

$520

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AMDG 0.78%

    $15,002

  • GRAG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AMDG 0.78%
  • GRAG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AMDG $15,002GRAG $14,482

Year by year

YearAMDGGRAGOverpaying
10$1,388$1,336$52
20$5,268$5,078$190
30$15,002$14,482$520

Expense ratio

  • 0.78%AMDG
  • 0.75%GRAG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

GRAG 87th cheapest of 315 funds

AMDG 142nd cheapest of 315 funds

AMDG vs GRAG Dividends

Last 12 months to Nov 5, 2026
Payout (12M)
AMDG No data
GRAG None
Last payment
AMDG $2.97
GRAG No data
Ex-dividend
AMDG Dec 30, 2025
GRAG No data
Paid on
AMDG Jan 2, 2026
GRAG No data
Frequency
AMDG Irregular
GRAG No data

Distribution history

Per share, 2025 to 2026, same scale for both

AMDGIrregular · 1 paymentAll AMDG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.97. Use the arrow keys to read each point.$0$2.502026YTD
GRAGAll GRAG payments⁠

No distribution history available.

AMDG vs GRAG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMDG 206.3%since Feb 2025GRAG No data
Return per unit of riskSharpe ratio, 3 years
AMDG 1.20since Feb 2025GRAG No data
Worst fallMax drawdown, 5 years
AMDG −65.5%since Jan 2025GRAG No data
Market sensitivityBeta, 5 years
AMDG 5.60GRAG 1.40

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