AMDD vs VOO
Direxion Daily AMD Bear 1X ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AMDD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.03% | 0.03% | |
| AUM | $20M | $979.0B | |
| Dividend Yield | 15.06% | 1.09% | |
| Holdings | 8 | 509 | |
| YTD Return | -65.33% | +13.79% | |
| 1Y Return | -76.77% | +23.01% | |
| 3Y Return (annualized) | - | +21.78% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 63.6% | 14.1% | |
| Max Drawdown | -91.8% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 12, 2025 | Sep 7, 2010 |
AMDD vs VOO Performance
Direxion Daily AMD Bear 1X ETF (AMDD) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year AMDD returned -76.77% while VOO returned +23.01%. Year to date, AMDD is down 65.33% versus a gain of 13.79% for VOO.
Risk: Volatility and Drawdowns
AMDD has been the more volatile fund, with annualized monthly volatility of 63.6% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -91.8% for AMDD and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMDD charges 1.03% per year while VOO charges 0.03%. On a $10,000 position that is $103 vs $3 annually, a gap of $100 per year that compounds over a long holding period. On income, AMDD currently yields 15.06% against 1.09% for VOO.
Holdings Overlap
AMDD and VOO share 0 holdings out of 510 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AMDD or VOO?
AMDD has an expense ratio of 1.03% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $100 per year of difference.
Which performed better, AMDD or VOO?
Over the past year AMDD returned -76.77% vs +23.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), AMDD annualized -74.41% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, AMDD or VOO?
AMDD has been the more volatile fund at 63.6% annualized versus 14.1% for VOO. Worst drawdown: AMDD -91.8% vs VOO -34.3%.
Should I hold both AMDD and VOO?
AMDD and VOO have a monthly-return correlation of -0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMDD and VOO?
AMDD and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, AMDD or VOO?
AMDD yields 15.06% while VOO yields 1.09%, so AMDD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.