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2AMD.L vs. 3AAP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

2AMD.L vs. 3AAP.L

Last updated Jul 14, 2026
Documentation

2AMD.L (Leverage Shares 2x Advanced Micro Devices ETC GBP) and 3AAP.L (Leverage Shares 3x Apple ETP Securities GBP) are both Leveraged Equities funds from Leverage Shares - 2AMD.L tracks the iSTOXX Leveraged 2X AMD Index while 3AAP.L tracks the iSTOXX Leveraged 3X AAPL Index. Both are passively managed. Both charge a 0.75% expense ratio.

Performance

2AMD.L vs. 3AAP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Leverage Shares 2x Advanced Micro Devices ETC GBP (2AMD.L) and Leverage Shares 3x Apple ETP Securities GBP (3AAP.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

2AMD.L

1D
-3.46%
1M
-8.63%
6M
326.39%
YTD
298.70%
1Y
607.37%
3Y*
77.26%
5Y*
36.41%
10Y*
—

3AAP.L

1D
0.00%
1M
—
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

2AMD.L vs. 3AAP.L - Yearly Performance Comparison

2026 (YTD)
2AMD.L
Leverage Shares 2x Advanced Micro Devices ETC GBP		0.00%
3AAP.L
Leverage Shares 3x Apple ETP Securities GBP		-0.62%

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Leverage Shares 2x Advanced Micro Devices ETC GBP

Leverage Shares 3x Apple ETP Securities GBP

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Return for Risk

2AMD.L vs. 3AAP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
2AMD.L
2AMD.L Risk / Return Rank: 9696
Overall Rank
2AMD.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
2AMD.L Sortino Ratio Rank: 9494
Sortino Ratio Rank
2AMD.L Omega Ratio Rank: 9292
Omega Ratio Rank
2AMD.L Calmar Ratio Rank: 9898
Calmar Ratio Rank
2AMD.L Martin Ratio Rank: 9595
Martin Ratio Rank
3AAP.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

2AMD.L vs. 3AAP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Advanced Micro Devices ETC GBP (2AMD.L) and Leverage Shares 3x Apple ETP Securities GBP (3AAP.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

2AMD.L3AAP.LDifference
Sharpe ratioReturn per unit of total volatility
5.25

—

—

Sortino ratioReturn per unit of downside risk
3.93

—

—

Omega ratioGain probability vs. loss probability

1.49

—

—

Calmar ratioReturn relative to maximum drawdown

12.41

—

—

Martin ratioReturn relative to average drawdown

24.18

—

—

2AMD.L vs. 3AAP.L - Sharpe Ratio Comparison

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Drawdowns

2AMD.L vs. 3AAP.L - Drawdown Comparison

The maximum 2AMD.L drawdown since its inception was -99.50%, which is greater than 3AAP.L's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for 2AMD.L and 3AAP.L.

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Drawdown Indicators

2AMD.L3AAP.LDifference

Max Drawdown

Largest peak-to-trough decline

-99.50%

-0.62%

-98.88%

Max Drawdown (1Y)

Largest decline over 1 year

-55.04%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-89.49%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-99.50%

—

—

Current Drawdown

Current decline from peak

-90.68%

-0.62%

-90.06%

Average Drawdown

Average peak-to-trough decline

-71.06%

-0.62%

-70.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

28.29%

—

—

Volatility

2AMD.L vs. 3AAP.L - Volatility Comparison

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Volatility by Period

2AMD.L3AAP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

45.11%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

95.15%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

130.11%

6.98%

+123.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4,319.15%

6.98%

+4,312.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3,909.22%

6.98%

+3,902.24%

2AMD.L vs. 3AAP.L - Expense Ratio Comparison

Both 2AMD.L and 3AAP.L have an expense ratio of 0.75%.

Dividends

2AMD.L vs. 3AAP.L - Dividend Comparison

Neither 2AMD.L nor 3AAP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

2AMD.L and 3AAP.L have the same expense ratio: 0.75% per year.

2AMD.L tracks iSTOXX Leveraged 2X AMD Index, while 3AAP.L tracks iSTOXX Leveraged 3X AAPL Index.

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