GraniteShares 2x Long AMD Daily ETF (AMDL) Performance
AMDL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +250.9% since Dec 31, 2025
- 1 year
- +170.3% total return
- Since first price
- +113.9% since 2024
AMDL trailing returns vs SPY, QQQ, AGG
| Period | AMDL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −32.0% | −32.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −20.1% | −20.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +103.2% | +103.2% | +7.8% | +8.4% | −1.5% |
| YTD | +250.9% | +250.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +170.3% | +170.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 18, 2024 | +113.9% | +113.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AMDL vs SPY
From Mar 18, 2024: AMDL grew to $21,392, SPY to $15,256.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AMDL returns by calendar year
1 of 1 full years positive. Best 2025 (+103.0%), worst 2025 (+103.0%). 2026 is year to date.
AMDL annual returns table
| Year | AMDL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +250.9% | −50.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +103.0% | −67.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AMDL largest drawdowns
Now 38.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 18, 2024 | −88.6% | Apr 8, 2025 | Apr 22, 2026 | 1.1 years | 2.1 years |
| Jun 30, 2026 | −48.7% | Jul 29, 2026 | Sep 24, 2026 | 29 days | 3 months |
| Oct 6, 2026 | −40.4% | Oct 22, 2026 | not yet | 16 days | 17 days so far |
| Jun 3, 2026 | −32.4% | Jun 10, 2026 | Jun 30, 2026 | 7 days | 27 days |
| May 11, 2026 | −19.0% | May 19, 2026 | May 22, 2026 | 8 days | 11 days |
| Apr 24, 2026 | −13.9% | Apr 28, 2026 | Apr 30, 2026 | 4 days | 6 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AMDL risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +66.4% |
| Volatility (annualized) | 178.6% |
| Sharpe ratio | 0.83 |
| Sortino ratio | 2.62 |
| Best month | +189.1% |
| Worst month | −37.5% |
| Best 12 months | +1,211.8% |
| Worst 12 months | −76.8% |
| Positive months | 43% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AMDL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | −76.8% | +120.0% | +1,211.8% | 70% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
AMDL performance overview
GraniteShares 2x Long AMD Daily ETF (AMDL) returned +170.3% over the past year, with distributions reinvested. Since its first recorded price on Mar 18, 2024 it has returned +113.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −88.6%, from Mar 18, 2024 to Apr 8, 2025, and it took 1.0 years to get back to the old high. Volatility has been 178.6% a year.
Related: AMDL chart. See the AMDL overview for the latest quote and fund facts.
AMDL performance FAQ
What is the AMDL return over the past year?
AMDL returned +170.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 170.3%.
How much would $10,000 invested in AMDL be worth?
$10,000 invested in AMDL at its first recorded close on March 18, 2024 would be worth about $21,392 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AMDL?
The largest peak-to-trough decline was −88.6% between March 18, 2024 and April 8, 2025. It recovered to the old high on April 22, 2026, 1.0 years after the bottom.
How volatile is AMDL?
Over the past history AMDL had an annualized volatility of 178.6% and a Sharpe ratio of 0.83 (excess return over 1–3 month T-bills per unit of risk).