2AMD.L vs. 3CON.L

Last updated Jun 4, 2026

2AMD.L (Leverage Shares 2x Advanced Micro Devices ETC GBP) and 3CON.L (Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP) are both Leveraged Equities funds from Leverage Shares - 2AMD.L tracks the iSTOXX Leveraged 2X AMD Index while 3CON.L tracks the iSTOXX Leveraged 3x COIN Index. Both are passively managed. At a 0.28 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

2AMD.L vs. 3CON.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 Long Coinbase (COIN) ETP Securities GBP (3CON.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 2AMD.L achieves a 345.45% return, which is significantly higher than 3CON.L's -83.52% return.

2AMD.L

• 1D: -0.87%
• 1M: 98.27%
• YTD: 345.45%
• 6M: 330.90%
• 1Y: 1,086.85%
• 3Y*: 74.75%
• 5Y*: 45.83%
• 10Y*: —

3CON.L

• 1D: -9.89%
• 1M: -43.03%
• YTD: -83.52%
• 6M: -90.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

	2026 (YTD)	2025
2AMD.L Leverage Shares 2x Advanced Micro Devices ETC GBP	345.45%	10.95%
3CON.L Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP	-83.52%	-22.24%

Correlation

The correlation between 2AMD.L and 3CON.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.28

2AMD.L vs. 3CON.L - Sectors Allocation Comparison

Sectors	2AMD.L	3CON.L
Technology	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

2AMD.L vs. 3CON.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: 96
2AMD.L Sharpe Ratio Rank: 99
2AMD.L Sortino Ratio Rank: 94
2AMD.L Omega Ratio Rank: 92
2AMD.L Calmar Ratio Rank: 99
2AMD.L Martin Ratio Rank: 97

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. 3CON.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 Long Coinbase (COIN) ETP Securities GBP (3CON.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.

	2AMD.L	3CON.L	Difference
Sharpe ratio: Return per unit of total volatility	9.26	—	—
Sortino ratio: Return per unit of downside risk	4.82	—	—
Omega ratio: Gain probability vs. loss probability	1.63	—	—
Calmar ratio: Return relative to maximum drawdown	21.03	—	—
Martin ratio: Return relative to average drawdown	41.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	2AMD.L	3CON.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	9.26	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	-0.48	+0.96

Drawdowns

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

The maximum 2AMD.L drawdown since its inception was -91.38%, roughly equal to the maximum 3CON.L drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for 2AMD.L and 3CON.L.

Drawdown Indicators

	2AMD.L	3CON.L	Difference
Max Drawdown Largest peak-to-trough decline	-91.38%	-91.35%	-0.03%
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	-91.38%	—	—
Current Drawdown Current decline from peak	-4.46%	-91.35%	+86.89%
Average Drawdown Average peak-to-trough decline	-54.54%	-66.75%	+12.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.08%	—	—

Volatility

Volatility by Period

	2AMD.L	3CON.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	87.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	124.99%	205.18%	-80.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.20%	205.18%	-100.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.07%	205.18%	-103.11%

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

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

Dividends

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

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

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 2AMD.L and 3CON.L in my portfolio?

2AMD.L and 3CON.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 2AMD.L or 3CON.L?

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

Which ETF is cheaper, 2AMD.L or 3CON.L?

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

What is the main difference between 2AMD.L and 3CON.L?

2AMD.L tracks iSTOXX Leveraged 2X AMD Index, while 3CON.L tracks iSTOXX Leveraged 3x COIN Index.