AMZU Let’s You Bet 200% On Amazon But That Doesn’t Mean You Should

24/7 Wall St. Quick Read AMZU lost 23.15% over the past year while Amazon dropped only 1.64%. Volatility decay eroded 20 percentage points beyond what 2x leverage predicts. The fund holds just 13.57% in direct Amazon equity. Daily rebalancing of derivatives creates compounding drag that destroys long-term returns. Amazon gained 3.63% year-to-date but AMZU lost 13.99%. This 21-percentage-point shortfall stems from daily leverage resets during choppy markets. If you’re thinking about retiring or kno ...