AMDL vs QQQ
Graniteshares 2x Long AMD Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, AMDL or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. AMDL led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMDL | QQQ |
|---|---|---|
| Expense Ratio | 1.07% | 0.18%Best |
| AUM | $861M | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 2 | 107 |
| YTD Return | +225.50%Best | +15.18% |
| 1Y Return | +432.30%Best | +19.65% |
| 3Y Return (annualized) | - | +24.60% |
| 5Y Return (annualized) | - | +13.94% |
| Volatility (annualized) | 175.5% | 17.8%Best |
| Max Drawdown | -88.6% | -22.8%Best |
| $10,000 over 2.5 years | $21,550Best | $16,319 |
| Fund Family | GraniteShares | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 4, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 18, 2024 to Sep 15, 2026 (2.5 years).
AMDL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
AMDL vs QQQ Performance
Graniteshares 2x Long AMD Daily ETF (AMDL) is an ETF from GraniteShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AMDL returned +432.30% while QQQ returned +19.65%. Year to date, AMDL is up 225.50% versus a gain of 15.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDL has been the more volatile fund, with annualized monthly volatility of 175.5% compared with 17.8% for QQQ. 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 -88.6% for AMDL and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMDL charges 1.07% per year while QQQ charges 0.18%. On a $10,000 position that is $107 vs $18 annually, a gap of $89 per year that compounds over a long holding period. On income, AMDL currently yields 0.00% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of AMDL and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMDL or QQQ?
AMDL has an expense ratio of 1.07% while QQQ charges 0.18%. QQQ is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, AMDL or QQQ?
Over the past year AMDL returned +432.30% vs +19.65% for QQQ, so AMDL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMDL or QQQ?
AMDL has been the more volatile fund at 175.5% annualized versus 17.8% for QQQ. Worst drawdown: AMDL -88.6% vs QQQ -22.8%.
Should I hold both AMDL and QQQ?
AMDL and QQQ have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AMDL or QQQ?
AMDL yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AMDL?
QQQ has a lower expense ratio. AMDL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.