AMDL vs BITO
Comparison between GRANITESHARES 2X LONG AMD DAILY ETF (AMDL, ETF) and PROSHARES BITCOIN STRATEGY ETF (BITO, ETF).
AMDL vs BITO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
AMDL
$1.60B
Winner
BITO
$1.70B
Expense Ratio
AMDL
N/A
BITO
0.95%
Max Drawdown
AMDL
88.63%
Winner
BITO
81.02%
Sharpe Ratio
Winner
AMDL
2.29
BITO
-1.20
5Y Beta
AMDL
4.39
Winner
BITO
1.28
AMDL vs BITO - Historical Returns
Returns include dividend reinvestment.
1M
Winner
AMDL
+22.32%
BITO
-21.54%
3M
Winner
AMDL
+460.03%
BITO
-10.51%
6M
Winner
AMDL
+333.70%
BITO
-30.72%
1Y
Winner
AMDL
+995.03%
BITO
-42.58%
5Y(CAGR)
AMDL
N/A
BITO
-5.38%
Max(CAGR)
Winner
AMDL
+53.18%
BITO
-5.38%
AMDL vs BITO - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | AMDL | BITO |
|---|---|---|
| 2026 | +292.29% | -30.22% |
| 2025 | +103.53% | -14.44% |
| 2024 | -69.97% | +92.27% |
| 2023 | N/A | +135.98% |
| 2022 | N/A | -63.97% |
| 2021 | N/A | -31.09% |
AMDL vs BITO Drawdown Comparison
The maximum drawdown for AMDL was -88.63%, occurring on Apr 8, 2025. Recovery took 525 trading sessions.
The maximum drawdown for BITO was -77.86%, occurring on Nov 21, 2022. Recovery took 755 trading sessions.
The current AMDL drawdown is -14.10%. The current BITO drawdown is -50.39%.
| Rank | AMDL | BITO |
|---|---|---|
| #1 | -88.63% Mar 18, 2024 - Apr 22, 2026 | -77.86% Nov 9, 2021 - Nov 11, 2024 |
| #2 | -32.40% Jun 3, 2026 - Jun 10, 2026 | -52.86% Oct 6, 2025 - Jun 5, 2026 |
| #3 | -19.05% May 11, 2026 - May 22, 2026 | -29.78% Dec 17, 2024 - May 22, 2025 |
| #4 | -13.91% Apr 24, 2026 - Apr 30, 2026 | -12.26% Aug 13, 2025 - Oct 6, 2025 |
| #5 | -10.57% May 1, 2026 - May 6, 2026 | -12.06% Oct 20, 2021 - Nov 9, 2021 |
| #6 | -6.23% May 6, 2026 - May 8, 2026 | -8.65% May 22, 2025 - Jul 10, 2025 |
| #7 | -3.30% May 28, 2026 - Jun 2, 2026 | -8.58% Nov 22, 2024 - Dec 6, 2024 |
| #8 | -3.30% May 26, 2026 - May 28, 2026 | -5.82% Jul 14, 2025 - Aug 13, 2025 |
| #9 | N/A | -5.40% Dec 6, 2024 - Dec 16, 2024 |
| #10 | N/A | -2.52% Nov 12, 2024 - Nov 15, 2024 |
Correlation
Correlation between AMDL and BITO is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
-0.38
-101
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