USAX vs AMA

Comparison between Tradr 2X Long USAR Daily ETF (USAX, ETF) and DEFIANCE DAILY TARGET 2X LONG AMAT ETF (AMA, ETF).

USAX vs AMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USAX(ETF)	AMA(ETF)
Net Assets	$14M	$14M
Max Drawdown	77.92%	19.35%
Sharpe Ratio	1.09	3.11
5Y Beta	7.55	7.55

Net Assets

USAX

$14M

AMA

$14M

Max Drawdown

USAX

77.92%

Winner

AMA

19.35%

Sharpe Ratio

USAX

1.09

Winner

AMA

3.11

5Y Beta

Winner

USAX

7.55

AMA

7.55

USAX vs AMA - Historical Returns

Returns include dividend reinvestment.

Period	USAX	AMA
1 month	-40.78%	N/A
3 months	+0.19%	N/A
Max(CAGR)	-5.73%	+3703.84%

USAX

-40.78%

AMA

N/A

USAX

+0.19%

AMA

N/A

Max(CAGR)

USAX

-5.73%

Winner

AMA

+3703.84%

USAX vs AMA - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	USAX	AMA
2026	-2.33%	+13.83%

USAX vs AMA Drawdown Comparison

The maximum drawdown for USAX was -77.92%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for AMA was -19.35%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current USAX drawdown is -59.21%. The current AMA drawdown is -5.53%.

Rank	USAX	AMA
#1	-77.92% Jan 26, 2026 - Mar 30, 2026	-19.35% Jun 4, 2026 - Jun 5, 2026
#2	-15.99% Jan 14, 2026 - Jan 20, 2026	-3.14% May 26, 2026 - Jun 1, 2026
#3	-0.00% Jan 20, 2026 - Jan 22, 2026	N/A

Correlation

Correlation between USAX and AMA is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101