3AMZ.L vs. MAGD.L
3AMZ.L (Leverage Shares 3x Amazon ETC) and MAGD.L (IncomeShares Magnificent 7 Options ETP) are both exchange-traded funds - 3AMZ.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3X AMZN Index, while MAGD.L is a Derivative Income fund actively managed by Leverage Shares. 3AMZ.L is passively managed, while MAGD.L is actively managed. At a 0.50 correlation, their price movements are largely independent. 3AMZ.L charges 0.75%/yr vs 0.45%/yr for MAGD.L.
Performance
3AMZ.L vs. MAGD.L - Performance Comparison
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Returns By Period
In the year-to-date period, 3AMZ.L achieves a 10.09% return, which is significantly higher than MAGD.L's -16.98% return.
3AMZ.L
- 1D
- 5.83%
- 1M
- -23.12%
- YTD
- 10.09%
- 6M
- 13.62%
- 1Y
- 22.78%
- 3Y*
- 26.19%
- 5Y*
- -20.24%
- 10Y*
- —
MAGD.L
- 1D
- 0.97%
- 1M
- -0.94%
- YTD
- -16.98%
- 6M
- -16.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3AMZ.L vs. MAGD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
3AMZ.L Leverage Shares 3x Amazon ETC | 10.09% | -7.03% |
MAGD.L IncomeShares Magnificent 7 Options ETP | -16.98% | 10.94% |
Correlation
The correlation between 3AMZ.L and MAGD.L is 0.50, 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 Jul 1, 2025 | 0.50 |
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Return for Risk
3AMZ.L vs. MAGD.L — Risk / Return Rank
3AMZ.L
MAGD.L
3AMZ.L vs. MAGD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Amazon ETC (3AMZ.L) and IncomeShares Magnificent 7 Options ETP (MAGD.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.
| 3AMZ.L | MAGD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | — | — |
| Martin ratioReturn relative to average drawdown | 0.78 | — | — |
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
| 3AMZ.L | MAGD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.22 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | -0.41 | +0.29 |
Drawdowns
3AMZ.L vs. MAGD.L - Drawdown Comparison
The maximum 3AMZ.L drawdown since its inception was -96.67%, which is greater than MAGD.L's maximum drawdown of -27.28%. Use the drawdown chart below to compare losses from any high point for 3AMZ.L and MAGD.L.
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Drawdown Indicators
| 3AMZ.L | MAGD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -27.28% | -69.39% |
Max Drawdown (1Y)Largest decline over 1 year | -60.08% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -71.75% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -96.31% | — | — |
Current DrawdownCurrent decline from peak | -81.82% | -23.55% | -58.27% |
Average DrawdownAverage peak-to-trough decline | -69.77% | -10.72% | -59.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.01% | — | — |
Volatility
3AMZ.L vs. MAGD.L - Volatility Comparison
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Volatility by Period
| 3AMZ.L | MAGD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.35% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 70.97% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 101.35% | 20.62% | +80.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.43% | 20.62% | +85.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 104.76% | 20.62% | +84.14% |
3AMZ.L vs. MAGD.L - Expense Ratio Comparison
3AMZ.L has a 0.75% expense ratio, which is higher than MAGD.L's 0.45% expense ratio.
Dividends
3AMZ.L vs. MAGD.L - Dividend Comparison
3AMZ.L has not paid dividends to shareholders, while MAGD.L's dividend yield for the trailing twelve months is around 0.39%.
| Position | TTM | 2025 |
|---|---|---|
3AMZ.L Leverage Shares 3x Amazon ETC | 0.00% | 0.00% |
MAGD.L IncomeShares Magnificent 7 Options ETP | 0.39% | 0.07% |
Frequently Asked Questions
3AMZ.L and MAGD.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MAGD.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MAGD.L is cheaper with a 0.45% expense ratio, compared with 0.75% for 3AMZ.L.
3AMZ.L is categorized as Leveraged Equities, while MAGD.L is Derivative Income. Their fees differ too: 0.75% for 3AMZ.L and 0.45% for MAGD.L.
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