3AMD.L vs. AMD3.L
3AMD.L (Leverage Shares 3x AMD ETC GBP) and AMD3.L (Leverage Shares 3x AMD ETP Securities) are both Leveraged Equities funds from Leverage Shares tracking the iSTOXX Leveraged 3x AMD Index. Both are passively managed. Over the past 3 years, 3AMD.L returned 51.93%/yr vs 52.45%/yr for AMD3.L. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.75% expense ratio.
Performance
3AMD.L vs. AMD3.L - Performance Comparison
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Different Trading Currencies
3AMD.L is traded in GBp, while AMD3.L is traded in USD. To make them comparable, the AMD3.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with 3AMD.L having a 658.07% return and AMD3.L slightly higher at 668.02%.
3AMD.L
- 1D
- 11.54%
- 1M
- 184.55%
- YTD
- 658.07%
- 6M
- 604.25%
- 1Y
- 2,384.13%
- 3Y*
- 51.93%
- 5Y*
- —
- 10Y*
- —
AMD3.L
- 1D
- 12.80%
- 1M
- 187.23%
- YTD
- 668.02%
- 6M
- 613.79%
- 1Y
- 2,413.53%
- 3Y*
- 52.45%
- 5Y*
- 11.69%
- 10Y*
- —
3AMD.L vs. AMD3.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3AMD.L Leverage Shares 3x AMD ETC GBP | 658.07% | 53.77% | -76.38% | 448.82% | -97.41% | 265.31% |
AMD3.L Leverage Shares 3x AMD ETP Securities | 668.02% | 53.44% | -76.37% | 451.09% | -97.25% | 245.11% |
Correlation
The correlation between 3AMD.L and AMD3.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.98 |
The correlation between 3AMD.L and AMD3.L has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.
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Return for Risk
3AMD.L vs. AMD3.L — Risk / Return Rank
3AMD.L
AMD3.L
3AMD.L vs. AMD3.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 AMD ETP Securities (AMD3.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.
| 3AMD.L | AMD3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.62 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 30.82 | 31.21 | -0.39 |
| Martin ratioReturn relative to average drawdown | 56.95 | 57.63 | -0.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 3AMD.L | AMD3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.48 | 12.60 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.10 | -0.05 |
Drawdowns
3AMD.L vs. AMD3.L - Drawdown Comparison
The maximum 3AMD.L drawdown since its inception was -99.50%, roughly equal to the maximum AMD3.L drawdown of -99.50%. Use the drawdown chart below to compare losses from any high point for 3AMD.L and AMD3.L.
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Drawdown Indicators
| 3AMD.L | AMD3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -99.50% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -76.34% | -76.32% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -97.93% | -97.91% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.50% | — |
Current DrawdownCurrent decline from peak | -71.32% | -71.23% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -84.94% | -83.28% | -1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.40% | 41.41% | -0.01% |
Volatility
3AMD.L vs. AMD3.L - Volatility Comparison
Leverage Shares 3x AMD ETC GBP (3AMD.L) and Leverage Shares 3x AMD ETP Securities (AMD3.L) have volatilities of 68.82% and 69.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3AMD.L | AMD3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 68.82% | 69.81% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 134.33% | 134.16% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 188.76% | 189.21% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 158.33% | 156.26% | +2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 158.33% | 155.89% | +2.44% |
3AMD.L vs. AMD3.L - Expense Ratio Comparison
Both 3AMD.L and AMD3.L have an expense ratio of 0.75%.
Dividends
3AMD.L vs. AMD3.L - Dividend Comparison
Neither 3AMD.L nor AMD3.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, 3AMD.L and AMD3.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 AMD3.L have the same expense ratio: 0.75% per year.
Both ETFs track iSTOXX Leveraged 3x AMD Index.
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