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Leverage Shares 3x Long Moderna (MRNA) ETP Securit...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
XS3005160091
Inception Date
Dec 10, 2021
Leveraged
3x
Index Tracked
iSTOXX Leveraged 3x MRNA Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Leverage Shares 3x Long Moderna (MRNA) ETP Securities, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Leverage Shares 3x Long Moderna (MRNA) ETP Securities (MRN3.L) has returned 171.41% so far this year and 26.11% over the past 12 months.


Leverage Shares 3x Long Moderna (MRNA) ETP Securities

1D
3.64%
1M
-25.96%
YTD
171.41%
6M
252.24%
1Y
26.11%
3Y*
-92.70%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 15, 2021, MRN3.L's average daily return is -0.26%, while the average monthly return is -9.14%.

Historically, 37% of months were positive and 63% were negative. The best month was Jan 2026 with a return of +152.5%, while the worst month was Aug 2024 at -80.9%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 12 months.

On a daily basis, MRN3.L closed higher 45% of trading days. The best single day was Feb 3, 2022 with a return of +113.6%, while the worst single day was Jan 13, 2025 at -70.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026152.49%45.18%-25.96%171.41%
2025-40.89%-63.44%-36.96%-14.36%-29.55%17.00%16.70%-56.53%0.00%19.03%-27.18%49.73%-93.67%
20241.27%-30.31%34.59%11.55%90.68%-51.15%-0.66%-80.90%-49.06%-49.96%-55.15%-30.56%-98.51%
20230.65%-59.72%17.46%-35.04%-18.01%-10.19%-14.73%-15.53%-40.18%-61.41%4.04%83.69%-92.76%
2022-75.70%-29.90%21.11%-50.27%-9.21%-19.56%37.54%-49.88%-40.53%98.28%43.86%-11.08%-92.21%
2021-36.68%-36.68%

Benchmark Metrics

Leverage Shares 3x Long Moderna (MRNA) ETP Securities has an annualized alpha of -50.89%, beta of 1.91, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since December 16, 2021.

  • This ETF participated in 276.89% of S&P 500 Index downside but only -228.41% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.02 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-50.89%
Beta
1.91
0.02
Upside Capture
-228.41%
Downside Capture
276.89%

Expense Ratio

MRN3.L has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MRN3.L ranks 34 for risk / return — below 34% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


MRN3.L Risk / Return Rank: 3434
Overall Rank
MRN3.L Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
MRN3.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
MRN3.L Omega Ratio Rank: 5656
Omega Ratio Rank
MRN3.L Calmar Ratio Rank: 1616
Calmar Ratio Rank
MRN3.L Martin Ratio Rank: 1414
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Leverage Shares 3x Long Moderna (MRNA) ETP Securities (MRN3.L) and compare them to a chosen benchmark (S&P 500 Index).


MRN3.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.12

0.90

-0.77

Sortino ratio

Return per unit of downside risk

1.86

1.39

+0.47

Omega ratio

Gain probability vs. loss probability

1.21

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

0.22

1.40

-1.18

Martin ratio

Return relative to average drawdown

0.35

6.61

-6.26

Explore MRN3.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Leverage Shares 3x Long Moderna (MRNA) ETP Securities doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Leverage Shares 3x Long Moderna (MRNA) ETP Securities. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Leverage Shares 3x Long Moderna (MRNA) ETP Securities was 100.00%, occurring on Nov 21, 2025. The portfolio has not yet recovered.

The current Leverage Shares 3x Long Moderna (MRNA) ETP Securities drawdown is 100.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Dec 21, 2021826Nov 21, 2025
-0.32%Dec 16, 20211Dec 16, 20211Dec 20, 20212

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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