3AME.L vs. 2BRE.L
3AME.L (Leverage Shares 3x Amazon ETC EUR) and 2BRE.L (Leverage Shares 2x Long Berkshire Hathaway (BRK-B) ETC EUR) are both Leveraged Equities funds from Leverage Shares. 3AME.L is passively managed, while 2BRE.L is actively managed. Over the past 3 years, 3AME.L returned 26.64%/yr vs 11.31%/yr for 2BRE.L. At a 0.13 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3AME.L vs. 2BRE.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 3AME.L achieves a 12.32% return, which is significantly higher than 2BRE.L's -13.89% return.
3AME.L
- 1D
- 6.10%
- 1M
- -22.05%
- YTD
- 12.32%
- 6M
- 15.92%
- 1Y
- 21.25%
- 3Y*
- 26.64%
- 5Y*
- —
- 10Y*
- —
2BRE.L
- 1D
- 0.62%
- 1M
- 3.98%
- YTD
- -13.89%
- 6M
- -14.34%
- 1Y
- -18.63%
- 3Y*
- 11.31%
- 5Y*
- —
- 10Y*
- —
3AME.L vs. 2BRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3AME.L Leverage Shares 3x Amazon ETC EUR | 12.32% | -41.33% | 120.90% | 275.57% | -71.73% |
2BRE.L Leverage Shares 2x Long Berkshire Hathaway (BRK-B) ETC EUR | -13.89% | -4.91% | 55.13% | 18.25% | 7.56% |
Correlation
The correlation between 3AME.L and 2BRE.L is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.13 |
The correlation between 3AME.L and 2BRE.L shifts across timeframes, from -0.06 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
3AME.L vs. 2BRE.L — Risk / Return Rank
3AME.L
2BRE.L
3AME.L vs. 2BRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Amazon ETC EUR (3AME.L) and Leverage Shares 2x Long Berkshire Hathaway (BRK-B) ETC EUR (2BRE.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.
| 3AME.L | 2BRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.91 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | -0.82 | +1.17 |
| Martin ratioReturn relative to average drawdown | 0.74 | -1.60 | +2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 3AME.L | 2BRE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | -0.66 | +0.89 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.30 | -0.19 |
Drawdowns
3AME.L vs. 2BRE.L - Drawdown Comparison
The maximum 3AME.L drawdown since its inception was -86.29%, which is greater than 2BRE.L's maximum drawdown of -40.62%. Use the drawdown chart below to compare losses from any high point for 3AME.L and 2BRE.L.
Loading charts...
Drawdown Indicators
| 3AME.L | 2BRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.29% | -40.62% | -45.67% |
Max Drawdown (1Y)Largest decline over 1 year | -59.73% | -22.65% | -37.08% |
Max Drawdown (3Y)Largest decline over 3 years | -73.04% | -39.67% | -33.37% |
Current DrawdownCurrent decline from peak | -47.36% | -37.26% | -10.10% |
Average DrawdownAverage peak-to-trough decline | -46.24% | -19.10% | -27.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.74% | 11.62% | +17.12% |
Volatility
3AME.L vs. 2BRE.L - Volatility Comparison
Leverage Shares 3x Amazon ETC EUR (3AME.L) has a higher volatility of 27.49% compared to Leverage Shares 2x Long Berkshire Hathaway (BRK-B) ETC EUR (2BRE.L) at 7.24%. This indicates that 3AME.L's price experiences larger fluctuations and is considered to be riskier than 2BRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3AME.L | 2BRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.49% | 7.24% | +20.25% |
Volatility (6M)Calculated over the trailing 6-month period | 70.07% | 20.36% | +49.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.62% | 28.18% | +62.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 100.64% | 37.23% | +63.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 100.64% | 37.23% | +63.41% |
3AME.L vs. 2BRE.L - Expense Ratio Comparison
Both 3AME.L and 2BRE.L have an expense ratio of 0.75%.
Dividends
3AME.L vs. 2BRE.L - Dividend Comparison
Neither 3AME.L nor 2BRE.L has paid dividends to shareholders.
Frequently Asked Questions
3AME.L and 2BRE.L have a correlation of -0.06, 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.
3AME.L and 2BRE.L have the same expense ratio: 0.75% per year.
Find the right allocation for 3AME.L and 2BRE.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer