3AMD.L vs. 3TSE.L
3AMD.L (Leverage Shares 3x AMD ETC GBP) and 3TSE.L (Leverage Shares 3x Tesla ETP Securities EUR) are both Leveraged Equities funds from Leverage Shares - 3AMD.L tracks the iSTOXX Leveraged 3x AMD Index while 3TSE.L tracks the iSTOXX Leveraged 3x TSLA Index. Both are passively managed. Over the past 5 years, 3AMD.L returned 2.84%/yr vs -58.45%/yr for 3TSE.L. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3AMD.L vs. 3TSE.L - Performance Comparison
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Different Trading Currencies
3AMD.L is traded in GBp, while 3TSE.L is traded in EUR. To make them comparable, the 3TSE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3AMD.L achieves a 508.72% return, which is significantly higher than 3TSE.L's -55.33% return.
3AMD.L
- 1D
- -15.14%
- 1M
- 13.24%
- YTD
- 508.72%
- 6M
- 499.68%
- 1Y
- 1,400.00%
- 3Y*
- 61.60%
- 5Y*
- 2.84%
- 10Y*
- —
3TSE.L
- 1D
- -18.63%
- 1M
- -31.28%
- YTD
- -55.33%
- 6M
- -63.13%
- 1Y
- -37.68%
- 3Y*
- -54.71%
- 5Y*
- -58.45%
- 10Y*
- —
3AMD.L vs. 3TSE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3AMD.L Leverage Shares 3x AMD ETC GBP | 508.72% | 53.76% | -76.38% | 448.82% | -97.41% | 341.88% |
3TSE.L Leverage Shares 3x Tesla ETP Securities EUR | -55.33% | -71.58% | 25.46% | 177.00% | -98.91% | 276.45% |
Correlation
The correlation between 3AMD.L and 3TSE.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2021 | 0.41 |
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Return for Risk
3AMD.L vs. 3TSE.L — Risk / Return Rank
3AMD.L
3TSE.L
3AMD.L vs. 3TSE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x AMD ETC GBP (3AMD.L) and Leverage Shares 3x Tesla ETP Securities EUR (3TSE.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.
| 3AMD.L | 3TSE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.45 | ||
| Sortino ratioReturn per unit of downside risk | +3.77 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.05 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 18.13 | -0.52 | +18.65 |
| Martin ratioReturn relative to average drawdown | 33.23 | -0.96 | +34.19 |
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Drawdowns
3AMD.L vs. 3TSE.L - Drawdown Comparison
The maximum 3AMD.L drawdown since its inception was -99.50%, roughly equal to the maximum 3TSE.L drawdown of -99.84%. Use the drawdown chart below to compare losses from any high point for 3AMD.L and 3TSE.L.
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Drawdown Indicators
| 3AMD.L | 3TSE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -99.84% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -76.34% | -72.04% | -4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -97.93% | -95.73% | -2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -99.50% | -99.84% | +0.34% |
Current DrawdownCurrent decline from peak | -76.97% | -99.75% | +22.78% |
Average DrawdownAverage peak-to-trough decline | -83.29% | -86.62% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.73% | 37.99% | +3.74% |
Volatility
3AMD.L vs. 3TSE.L - Volatility Comparison
Leverage Shares 3x AMD ETC GBP (3AMD.L) has a higher volatility of 58.64% compared to Leverage Shares 3x Tesla ETP Securities EUR (3TSE.L) at 35.49%. This indicates that 3AMD.L's price experiences larger fluctuations and is considered to be riskier than 3TSE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3AMD.L | 3TSE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 58.64% | 35.49% | +23.15% |
Volatility (6M)Calculated over the trailing 6-month period | 142.38% | 85.64% | +56.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 193.33% | 133.51% | +59.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 160.13% | 167.31% | -7.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 159.34% | 165.81% | -6.47% |
3AMD.L vs. 3TSE.L - Expense Ratio Comparison
Both 3AMD.L and 3TSE.L have an expense ratio of 0.75%.
Dividends
3AMD.L vs. 3TSE.L - Dividend Comparison
Neither 3AMD.L nor 3TSE.L has paid dividends to shareholders.
Frequently Asked Questions
3AMD.L and 3TSE.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
3AMD.L and 3TSE.L have the same expense ratio: 0.75% per year.
3AMD.L tracks iSTOXX Leveraged 3x AMD Index, while 3TSE.L tracks iSTOXX Leveraged 3x TSLA Index.
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