3AMD.L vs. SOXL.L
3AMD.L (Leverage Shares 3x AMD ETC GBP) and SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) are both Leveraged Equities funds from Leverage Shares - 3AMD.L tracks the iSTOXX Leveraged 3x AMD Index while SOXL.L tracks the NYSE Semiconductor Index. Both are passively managed. Over the past year, 3AMD.L returned 2384.13% vs 2653.70% for SOXL.L. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
3AMD.L vs. SOXL.L - Performance Comparison
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Different Trading Currencies
3AMD.L is traded in GBp, while SOXL.L is traded in USD. To make them comparable, the SOXL.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 658.07% return, which is significantly lower than SOXL.L's 899.20% return.
3AMD.L
- 1D
- 11.54%
- 1M
- 184.55%
- YTD
- 658.07%
- 6M
- 604.25%
- 1Y
- 2,384.13%
- 3Y*
- 51.93%
- 5Y*
- —
- 10Y*
- —
SOXL.L
- 1D
- 10.30%
- 1M
- 171.10%
- YTD
- 899.20%
- 6M
- 827.56%
- 1Y
- 2,653.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3AMD.L vs. SOXL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
3AMD.L Leverage Shares 3x AMD ETC GBP | 658.07% | 53.77% | -83.74% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 899.20% | 3.47% | -59.63% |
Correlation
The correlation between 3AMD.L and SOXL.L is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.74 |
The correlation between 3AMD.L and SOXL.L has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.
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Return for Risk
3AMD.L vs. SOXL.L — Risk / Return Rank
3AMD.L
SOXL.L
3AMD.L vs. SOXL.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 4x Long Semiconductors ETP Securities (SOXL.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 | SOXL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.67 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 30.82 | 51.76 | -20.94 |
| Martin ratioReturn relative to average drawdown | 56.95 | 154.68 | -97.73 |
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 | SOXL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.48 | 19.47 | -7.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.68 | -0.63 |
Drawdowns
3AMD.L vs. SOXL.L - Drawdown Comparison
The maximum 3AMD.L drawdown since its inception was -99.50%, roughly equal to the maximum SOXL.L drawdown of -95.81%. Use the drawdown chart below to compare losses from any high point for 3AMD.L and SOXL.L.
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Drawdown Indicators
| 3AMD.L | SOXL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -95.81% | -3.69% |
Max Drawdown (1Y)Largest decline over 1 year | -76.34% | -50.58% | -25.76% |
Max Drawdown (3Y)Largest decline over 3 years | -97.93% | — | — |
Current DrawdownCurrent decline from peak | -71.32% | 0.00% | -71.32% |
Average DrawdownAverage peak-to-trough decline | -84.94% | -61.47% | -23.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.40% | 16.96% | +24.44% |
Volatility
3AMD.L vs. SOXL.L - Volatility Comparison
Leverage Shares 3x AMD ETC GBP (3AMD.L) has a higher volatility of 68.82% compared to Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) at 56.22%. This indicates that 3AMD.L's price experiences larger fluctuations and is considered to be riskier than SOXL.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 | SOXL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 68.82% | 56.22% | +12.60% |
Volatility (6M)Calculated over the trailing 6-month period | 134.33% | 102.58% | +31.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 188.76% | 134.94% | +53.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 158.33% | 136.49% | +21.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 158.33% | 136.49% | +21.84% |
3AMD.L vs. SOXL.L - Expense Ratio Comparison
Both 3AMD.L and SOXL.L have an expense ratio of 0.75%.
Dividends
3AMD.L vs. SOXL.L - Dividend Comparison
Neither 3AMD.L nor SOXL.L has paid dividends to shareholders.
Frequently Asked Questions
3AMD.L and SOXL.L have a correlation of 0.73, 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 SOXL.L have the same expense ratio: 0.75% per year.
3AMD.L tracks iSTOXX Leveraged 3x AMD Index, while SOXL.L tracks NYSE Semiconductor Index.
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