AMDL vs VYM

Quick Verdict

VYM has a lower expense ratio. AMDL delivered stronger 1-year returns. VYM offers more diversification with 568 holdings.

Lower Fees: VYMHigher Returns: AMDLMore Diversified: VYM

Side-by-Side Comparison

MetricAMDLVYMWinner
Expense Ratio1.07%0.04%
AUM$872M$79.0B
Dividend Yield0.00%2.86%
Holdings2568
YTD Return+209.55%+16.78%
1Y Return+277.37%+24.43%
3Y Return (annualized)-+18.60%
5Y Return (annualized)-+12.30%
Volatility (annualized)178.4%14.6%
Max Drawdown-88.6%-58.8%
Fund FamilyGraniteSharesVanguard (US)
CategoryEquityEquity
InceptionMar 4, 2024Nov 10, 2006

AMDL vs VYM Performance

Graniteshares 2x Long AMD Daily ETF (AMDL) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AMDL returned +277.37% while VYM returned +24.43%. Year to date, AMDL is up 209.55% versus a gain of 16.78% for VYM.

Risk: Volatility and Drawdowns

AMDL has been the more volatile fund, with annualized monthly volatility of 178.4% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AMDL charges 1.07% per year while VYM charges 0.04%. On a $10,000 position that is $107 vs $4 annually, a gap of $103 per year that compounds over a long holding period. On income, AMDL currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

AMDL and VYM share 0 holdings out of 559 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, AMDL or VYM?

AMDL has an expense ratio of 1.07% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $103 per year of difference.

Which performed better, AMDL or VYM?

Over the past year AMDL returned +277.37% vs +24.43% for VYM, so AMDL leads on 1-year performance. Over the longest common window we track (2 years), AMDL annualized +34.69% vs +7.11% for VYM. Past performance does not guarantee future results.

Which is riskier, AMDL or VYM?

AMDL has been the more volatile fund at 178.4% annualized versus 14.6% for VYM. Worst drawdown: AMDL -88.6% vs VYM -58.8%.

Should I hold both AMDL and VYM?

AMDL and VYM have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AMDL and VYM?

AMDL and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, AMDL or VYM?

AMDL yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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