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AMZD vs TSDD

Direxion Daily AMZN Bear 1X ETF

AMZDANasdaq

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

0.0%by weight

Expense ratio

TSDD −0.04pt a year

AMZD1.02%TSDD0.98%

Avg volume · 30D

AMZD 1.1×the volume

AMZD12.2MTSDD11M

3Y return · a year

AMZD +54.8pt

AMZD−20.5%TSDD−75.3%

AMZD vs TSDD Performance

Oct 31, 2025 – Oct 30, 2026

−3.4%AMZD−24.7%TSDD

Oct 31, 2025 to Oct 30, 2026. AMZD −3.4%. TSDD −24.7%. Use the arrow keys to read each point.20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AMZD 1.02%
TSDD 0.98%, better
Fund size
AMZD $19M
TSDD $31M
1Y total return
AMZD −3.4%, better
TSDD −24.7%
Yield (12M)
AMZD 2.65%
TSDD 10.55%, better
Holdings
AMZD 3
TSDD 1
Avg volume (30D)
AMZD 12.2M sh, better
TSDD 11M sh
NAV per share
AMZD $8.90
TSDD $6.07
52W range

ETF.net Grade

AMZD: Cost 78, Risk 72, Mission 96, Tradability 72, Holdings not scored, Durability 74. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for AMZD, TSDD, with each pillar’s weight
PillarAMZDTSDD
Cost30% weightA78A94Higher
Mission25% weightA96A98Higher
Risk15% weightA72HigherC49
Tradability15% weightA72A81Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherA72

Rank among Single-Stock Inverse funds

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

Same Category. AMZD and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and AMZD 5th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 5AAMZDDirexion Daily AMZN Bear 1X ETFScore 80
  6. Rank 5APLTDDirexion Daily PLTR Bear 1X ETFScore 80

Our read on each fund

ETF.net Research

AMZDADirexion Daily AMZN Bear 1X ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

AMZD Most single-stock bear funds reach for leverage. AMZD skips it: one dollar down for every dollar Amazon rises, for a single trading day, through swaps you buy like any share. 1.02% net of a waiver through September 1, 2027.

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

AMZD The fund seeks daily inverse investment results tied to AMZN and is materially different from ordinary exchange-traded funds.

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

  • AMZD Minus one, not minus two. The fund targets 100% of the inverse of Amazon's daily move, so a 3% pop in the stock is roughly a 3% hit here, not 6%.sec.gov
  • Bearish exposure comes from swap agreements and options, not borrowed stock, so the position is a regular buy order in a regular brokerage account.sec.gov
  • Fee lands below the category median: 1.02% net of a waiver through September 1, 2027, against a 1.26% gross rate.
  • Trading since September 2022 and among the more active names in its category, and it has stayed tight to its stated daily target, one of the stronger implementations among inverse single-stock funds.
  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

  • AMZD The exposure resets daily. Held across a choppy stretch, compounding can leave the result with little resemblance to minus one times Amazon's move over that stretch.sec.gov
  • That 1.02% rests on a waiver running through September 1, 2027. Without it the fee reverts to the 1.26% gross figure.
  • Assets are modest for the category, and a fund wired to one stock depends on ongoing appetite for that one trade.
  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full AMZD profile⁠

Full TSDD profile⁠

AMZD vs TSDD Holdings

How AMZD and TSDD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AMZD and 0.0% of TSDD.

Level by level

  • Holdings0 in both0.0%
  • Asset classLeveraged/Inverse100%

Sector

No Sector split for AMZD.

Country, concentration and asset class

Country by domicile

No country split for AMZD.

Concentration

Weight in the 10 largest Holdings

  • AMZD547.9%
  • TSDD199.9%

Securities held

  • AMZD0
  • TSDD1

Asset class

AMZD
Leveraged/Inverse
TSDD
Leveraged/Inverse

Holdings

  • Only in AMZD0
  • In both0
  • Only in TSDD1

Only in AMZD

0 securities, 0.0% of AMZD by weight

Only in TSDD

1 security, 100% of TSDD by weight

  • Tsla199.89%

Weight gaps

AMZD and TSDD share no securities.

All 7 AMZD holdings⁠All 2 TSDD 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.

AMZD vs TSDD Cost

Overpaying AMZD vs TSDD

$650

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

  • AMZD 1.02%

    $19,012

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • AMZD 1.02%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AMZD $19,012TSDD $18,362

Year by year

YearAMZDTSDDOverpaying
10$1,797$1,729$68
20$6,746$6,504$242
30$19,012$18,362$650

Expense ratio

  • 1.02%AMZD
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

AMZD 12th cheapest of 43 funds

AMZD vs TSDD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AMZD 2.65%
TSDD 10.55%, better
Payout (12M)
AMZD $0.24
TSDD $0.65
Last payment
AMZD $0.05
TSDD $0.65
Ex-dividend
AMZD Sep 22, 2026
TSDD Dec 29, 2025
Paid on
AMZD Sep 29, 2026
TSDD Dec 31, 2025
Frequency
AMZD Quarterly
TSDD Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

AMZDQuarterly · 18 paymentsAll AMZD payments⁠
One bar per payment. 18 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0084; Dec 8, 2022 $0.69; Dec 20, 2022 $0.14; Mar 21, 2023 $0.24; Jun 21, 2023 $0.29; Sep 19, 2023 $0.45; Dec 21, 2023 $0.21; Mar 19, 2024 $0.17; Jun 25, 2024 $0.17; Sep 24, 2024 $0.14; Dec 23, 2024 $0.11; Mar 25, 2025 $0.10; Jun 24, 2025 $0.07; Sep 23, 2025 $0.11; Dec 23, 2025 $0.08; Mar 24, 2026 $0.05; Jun 23, 2026 $0.06; Sep 22, 2026 $0.05. Use the arrow keys to read each point.$0$5020232026YTD
TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2022 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

AMZD vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZD 27.4%, betterTSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
AMZD −0.86, betterTSDD −0.87
Worst fallMax drawdown, 5 years
AMZD −74.7%since Sep 2022TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
AMZD −1.26TSDD −2.40

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