3JPN.DE vs. 3SLV.DE
3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) and 3SLV.DE (Leverage Shares 3x Long Silver ETP Securities) are both exchange-traded funds - 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares, while 3SLV.DE is a Silver fund tracking the iShares Silver Trust (3x). 3JPN.DE is actively managed, while 3SLV.DE is passively managed. Over the past 3 years, 3JPN.DE returned 20.30%/yr vs 44.22%/yr for 3SLV.DE. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3JPN.DE vs. 3SLV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 3JPN.DE achieves a 37.51% return, which is significantly higher than 3SLV.DE's -68.66% return.
3JPN.DE
- 1D
- -0.77%
- 1M
- 7.20%
- YTD
- 37.51%
- 6M
- 34.92%
- 1Y
- 72.37%
- 3Y*
- 20.30%
- 5Y*
- —
- 10Y*
- —
3SLV.DE
- 1D
- 1.15%
- 1M
- -18.94%
- YTD
- -68.66%
- 6M
- -35.66%
- 1Y
- 116.39%
- 3Y*
- 44.22%
- 5Y*
- —
- 10Y*
- —
3JPN.DE vs. 3SLV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 37.51% | 27.74% | 0.10% | 34.83% | 0.88% |
3SLV.DE Leverage Shares 3x Long Silver ETP Securities | -68.66% | 826.65% | 26.88% | -33.46% | 45.09% |
Correlation
The correlation between 3JPN.DE and 3SLV.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022 | 0.26 |
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Return for Risk
3JPN.DE vs. 3SLV.DE — Risk / Return Rank
3JPN.DE
3SLV.DE
3JPN.DE vs. 3SLV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) and Leverage Shares 3x Long Silver ETP Securities (3SLV.DE). 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.
| 3JPN.DE | 3SLV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.32 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 1.54 | +0.43 |
| Martin ratioReturn relative to average drawdown | 5.61 | 2.76 | +2.85 |
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
| 3JPN.DE | 3SLV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.82 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.36 | +0.14 |
Drawdowns
3JPN.DE vs. 3SLV.DE - Drawdown Comparison
The maximum 3JPN.DE drawdown since its inception was -51.65%, smaller than the maximum 3SLV.DE drawdown of -89.93%. Use the drawdown chart below to compare losses from any high point for 3JPN.DE and 3SLV.DE.
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Drawdown Indicators
| 3JPN.DE | 3SLV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.65% | -89.93% | +38.28% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -89.93% | +55.22% |
Max Drawdown (3Y)Largest decline over 3 years | -51.65% | -89.93% | +38.28% |
Current DrawdownCurrent decline from peak | -7.07% | -89.11% | +82.04% |
Average DrawdownAverage peak-to-trough decline | -14.56% | -29.44% | +14.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.19% | 50.24% | -38.05% |
Volatility
3JPN.DE vs. 3SLV.DE - Volatility Comparison
The current volatility for Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) is 11.68%, while Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) has a volatility of 51.33%. This indicates that 3JPN.DE experiences smaller price fluctuations and is considered to be less risky than 3SLV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3JPN.DE | 3SLV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.68% | 51.33% | -39.65% |
Volatility (6M)Calculated over the trailing 6-month period | 48.68% | 176.71% | -128.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.28% | 169.84% | -109.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.77% | 111.76% | -58.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.77% | 111.76% | -58.99% |
3JPN.DE vs. 3SLV.DE - Expense Ratio Comparison
Both 3JPN.DE and 3SLV.DE have an expense ratio of 0.75%.
Dividends
3JPN.DE vs. 3SLV.DE - Dividend Comparison
Neither 3JPN.DE nor 3SLV.DE has paid dividends to shareholders.
Frequently Asked Questions
3JPN.DE and 3SLV.DE have a correlation of 0.32, 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.
3JPN.DE and 3SLV.DE have the same expense ratio: 0.75% per year.
3JPN.DE is categorized as Leveraged Equities, while 3SLV.DE is Silver.
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