Daily AMZN Bull 2X ETF (AMZU) Performance
AMZU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.5% since Dec 31, 2025
- 1 year
- +1.1% total return
- 3 years
- +21.1% a year
- Since first price
- +10.3% a year since 2022
AMZU trailing returns vs SPY, QQQ, AGG
| Period | AMZU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.8% | −2.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.5% | +4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −15.7% | −16.5% | +7.8% | +8.4% | −1.5% |
| YTD | −3.5% | −5.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.1% | −4.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.6%+21.1%/yr | +54.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 7, 2022 | +49.7%+10.3%/yr | +27.6% | — | — | — |
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: AMZU vs SPY
From Sep 7, 2022: AMZU grew to $14,974, SPY to $20,205.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AMZU returns by calendar year
2 of 3 full years positive. Best 2023 (+118.7%), worst 2025 (−11.6%). 2026 is year to date.
AMZU annual returns table
| Year | AMZU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.5% | −37.9% | +12.3% | +15.1% | −1.0% |
| 2025 | −11.6% | −55.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +61.0% | −37.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +118.7% | −28.9% | +26.2% | +54.9% | +5.7% |
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.
AMZU largest drawdowns
Now 28.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 12, 2022 | −55.6% | Dec 28, 2022 | Dec 18, 2023 | 4 months | 1.3 years |
| Feb 4, 2025 | −55.5% | Apr 21, 2025 | not yet | 2 months | 1.7 years so far |
| Jul 2, 2024 | −37.0% | Aug 5, 2024 | Nov 7, 2024 | 34 days | 4 months |
| Apr 11, 2024 | −16.1% | Apr 25, 2024 | Jun 26, 2024 | 14 days | 2 months |
| Nov 13, 2024 | −15.8% | Nov 22, 2024 | Dec 4, 2024 | 9 days | 21 days |
| Dec 16, 2024 | −13.8% | Jan 14, 2025 | Jan 23, 2025 | 29 days | 38 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AMZU risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +21.5% | +17.3% |
| Volatility (annualized) | 58.3% | 57.5% |
| Sharpe ratio | 0.52 | 0.47 |
| Sortino ratio | 0.97 | 0.84 |
| Best month | +59.2% | +59.2% |
| Worst month | −24.4% | −24.4% |
| Best 12 months | +82.1% | +131.7% |
| Worst 12 months | −22.1% | −22.1% |
| Positive months | 53% | 54% |
| Beta vs S&P 500 | 3.03 | — |
| Correlation with S&P 500 | 0.65 | — |
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.
AMZU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 38 | −22.1% | +29.2% | +131.7% | 79% |
| 3-year (a year) | 14 | +17.8% | +27.4% | +46.0% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
AMZU performance overview
Daily AMZN Bull 2X ETF (AMZU) returned +1.1% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +10.3% a year, turning $10,000 into about $14,974. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −55.6%, from Sep 12, 2022 to Dec 28, 2022, and it took 12 months to get back to the old high. AMZU finished 2 of its 3 full calendar years with a gain; the best year was 2023 (+118.7%) and the worst 2025 (−11.6%). Volatility has been 57.5% a year.
Related: AMZU chart, AMZU dividends. See the AMZU overview for the latest quote and fund facts.
AMZU performance FAQ
What is the AMZU return over the past year?
AMZU returned +1.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.7%.
How much would $10,000 invested in AMZU be worth?
$10,000 invested in AMZU at its first recorded close on September 7, 2022 would be worth about $14,974 on October 23, 2026 with distributions reinvested.
What was the worst year for AMZU?
The worst calendar year was 2025, with a total return of −11.6%. The best was 2023 at +118.7%.
What is the biggest drawdown of AMZU?
The largest peak-to-trough decline was −55.6% between September 12, 2022 and December 28, 2022. It recovered to the old high on December 18, 2023, 12 months after the bottom.
How volatile is AMZU?
Over the past 3 years AMZU had an annualized volatility of 58.3% and a Sharpe ratio of 0.52 (excess return over 1–3 month T-bills per unit of risk).