AMDL vs SPY
Graniteshares 2x Long AMD Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AMDL or SPY?
AMDL has been ahead.
SPY 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 | SPY |
|---|---|---|
| Expense Ratio | 1.07% | 0.09%Best |
| AUM | $889M | $814.4B |
| Dividend Yield | 0.00% | 1.01% |
| Holdings | 2 | 505 |
| YTD Return | +170.23%Best | +13.78% |
| 1Y Return | +332.26%Best | +21.44% |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 175.8% | 12.1%Best |
| Max Drawdown | -88.6% | -18.8%Best |
| $10,000 over 2.5 years | $18,023Best | $15,588 |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 4, 2024 | Jan 22, 1993 |
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 3, 2026 (2.5 years).
AMDL vs SPY 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 SPY Performance
Graniteshares 2x Long AMD Daily ETF (AMDL) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AMDL returned +332.26% while SPY returned +21.44%. Year to date, AMDL is up 170.23% versus a gain of 13.78% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDL has been the more volatile fund, with annualized monthly volatility of 175.8% compared with 12.1% for SPY. 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 -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMDL charges 1.07% per year while SPY charges 0.09%. On a $10,000 position that is $107 vs $9 annually, a gap of $98 per year that compounds over a long holding period. On income, AMDL currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
At least 1.3% of SPY's money is in holdings AMDL also owns.
Stated as a floor: for AMDL, our book for it covers 66.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and AMDL share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in AMDL and 504 in SPY, against full books of 2 and 505.
Top Shared Holdings
| Stock | Weight in AMDL | Weight in SPY | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 66.67% | 1.27% | 65.40% |
You are not choosing between two funds in isolation.
Whichever of AMDL and SPY 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 SPY?
AMDL has an expense ratio of 1.07% while SPY charges 0.09%. SPY is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, AMDL or SPY?
Over the past year AMDL returned +332.26% vs +21.44% for SPY, 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 SPY?
AMDL has been the more volatile fund at 175.8% annualized versus 12.1% for SPY. Worst drawdown: AMDL -88.6% vs SPY -18.8%.
Should I hold both AMDL and SPY?
AMDL and SPY have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AMDL and SPY?
At least 1.3% of SPY's money is in holdings AMDL also owns. Our book for AMDL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in AMDL and 504 in SPY.
Which pays a higher dividend, AMDL or SPY?
AMDL yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than AMDL?
SPY 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.