AMDL ETF: What Is It? A Complete Guide to Returns, Fees, Holdings, and Alternative ETFs
A leveraged ETF that tracks twice the daily share price performance of AMD to maximize gains in rising markets, designed for experienced investors who need to make short-term tactical moves.
SubscribeWhat Is This ETF?
This is a leveraged product that tracks twice the daily share price return of AMD. It is used to amplify returns over the short term when a clear rise in the underlying asset is expected.
It suits aggressive investors who are confident that the AMD share price will rise, can tolerate high volatility, and want to maximize short-term gains.
It is an actively managed ETF that GraniteShares launched in 2024.
How Does It Invest?
| Item | Details |
|---|---|
| Underlying Asset | Advanced Micro Devices (AMD) |
| Management Style | Active (leverage strategy) |
| Rebalancing Frequency | Daily rebalancing |
| Dividend Frequency | No dividends |
| Total Expense Ratio | 1.07% |
Using derivative contracts and other instruments, the fund is designed to deliver a set multiple of the daily price movement of the underlying asset, AMD. It maintains its target multiple through daily rebalancing, and over long holding periods the compounding effect can cause a large gap versus the cumulative return of the underlying asset.
- Highly leveraged exposure to the single stock AMD
- Easy construction of a leveraged position without trading individual options
Size and Costs
Assets under management (AUM) stand at $1.0B, and the total expense ratio is 1.07% per year.
Because it is a leveraged product, management costs and derivative costs are included, so its fees tend to be higher than those of a typical ETF. In volatile market conditions, asset value can erode quickly, so caution is needed.
Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeAlongside rising demand for AI chips, the AMD share price has been highly volatile depending on new product announcements and earnings outlooks, and in upward phases the leveraged performance is clearly amplified.
Amid strong investor interest in the semiconductor sector, trading in single-stock leveraged products is active, and fund inflows respond sensitively to shifts in market risk appetite.
Strengths and Weaknesses
It is an efficient tool for maximizing gains in rising markets, but in falling and sideways markets there is a significant risk that losses will accelerate sharply.
💪 Key Strengths
⚠️ Points of Caution
Alternative ETFs and Related Products
TQQQ, SOXL, QLD, and others compared in the table are broad leveraged ETFs that track the Nasdaq or the entire semiconductor sector, whereas AMDL concentrates solely on the single stock AMD. If you are looking at other big tech names, NVDU on Nvidia, TSLL on Tesla, AMZU on Amazon, and MSFU on Microsoft are also product lines with similar strategies.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 TQQQ | ProShares UltraPro QQQ 3x Shares | $62.01 | -10.5% | $35.8B | 0.78% | 0.78% | +7.8% |
 SOXL | Direxion Daily Semiconductor Bull 3X ETF | $77.05 | -24.8% | $24.4B | 0.75% | 0.12% | +62.6% |
 QLD | ProShares Ultra QQQ 2x Shares | $82.59 | -6.9% | $14.2B | 0.89% | 0.15% | +11.6% |
 SSO | ProShares Ultra S&P500 2x Shares | $67.67 | -3.6% | $8.8B | 0.84% | 0.7% | +16.6% |
 SPXL | Direxion Daily S&P 500 Bull 3X ETF | $270.35 | -5.4% | $7.1B | 0.84% | 0.54% | +21.6% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 USLM | United States Lime & Minerals Inc | 2.07% | $111.61 | -2.0% | $3.2B | 23.9 | 0.22% |
 BNO | United States Brent Oil Fund LP | 1.75% | $71.39 | +0.9% | $0.0M | - | - |
 CLRS | Clear Street Group Inc | 0.63% | $0.00 | +0.0% | $0.0M | - | - |
| WFC | Wells Fargo & Co | 0.71% | $83.40 | -1.7% | $250.4B | 11.8 | 2.28% |
Investor Checkpoints
AMDL is a specialized product that employs a highly leveraged strategy, so before deciding to invest, please thoroughly confirm its suitability using the key checklist below.
| Checkpoint | What to Verify | Current Status |
|---|---|---|
| 📊 Leverage Multiple | Confirm whether it tracks a set multiple of daily performance | Operating normally |
| ⏰ Investment Horizon | Confirm that it fits a short-term tactical purpose | Short-term investing recommended |
| 💸 Fees and Costs | Whether you are aware of the higher cost structure compared with typical ETFs | Needs confirmation |
| 📉 Volatility Risk | Understand the possibility of asset erosion in sideways and falling markets | Caution advised |
Because of daily rebalancing and the compounding effect, the risk of losing principal can rise sharply over long holding periods. Given the high volatility of the semiconductor sector in particular, constant monitoring is essential.
It is a tool for maximizing short-term performance when a clear rise in the AMD share price is expected. It is recommended for experienced investors who clearly understand the structure of leveraged products and are able to manage risk.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
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