3JPN.DE vs. METY.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) and IncomeShares META Options ETP (METY.DE).

3JPN.DE and METY.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3JPN.DE is an actively managed fund by Leverage Shares. It was launched on Sep 13, 2022. METY.DE is an actively managed fund by Leverage Shares. It was launched on Nov 15, 2024.

Performance

3JPN.DE vs. METY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) and IncomeShares META Options ETP (METY.DE). The values are adjusted to include any dividend payments, if applicable.

3JPN.DE vs. METY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	15.45%	27.74%	1.21%
METY.DE IncomeShares META Options ETP	-8.42%	890.13%	3.69%

Different Trading Currencies

3JPN.DE is traded in EUR, while METY.DE is traded in SEK. To make them comparable, the METY.DE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3JPN.DE achieves a 15.45% return, which is significantly higher than METY.DE's -8.25% return.

3JPN.DE

• 1D: 16.25%
• 1M: -11.77%
• YTD: 15.45%
• 6M: 22.07%
• 1Y: 57.13%
• 3Y*: 19.71%
• 5Y*: —
• 10Y*: —

METY.DE

• 1D: -0.58%
• 1M: -14.41%
• YTD: -8.25%
• 6M: 27.11%
• 1Y: 305.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

3JPN.DE vs. METY.DE - Expense Ratio Comparison

3JPN.DE has a 0.75% expense ratio, which is higher than METY.DE's 0.55% expense ratio.

3JPN.DE

Leverage Shares 3x Long Japan ETP Securities

METY.DE

IncomeShares META Options ETP

Return for Risk

3JPN.DE vs. METY.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

3JPN.DE

3JPN.DE Risk / Return Rank: 53
3JPN.DE Sharpe Ratio Rank: 46
3JPN.DE Sortino Ratio Rank: 56
3JPN.DE Omega Ratio Rank: 51
3JPN.DE Calmar Ratio Rank: 60
3JPN.DE Martin Ratio Rank: 52

METY.DE

METY.DE Risk / Return Rank: 97
METY.DE Sharpe Ratio Rank: 90
METY.DE Sortino Ratio Rank: 99
METY.DE Omega Ratio Rank: 99
METY.DE Calmar Ratio Rank: 99
METY.DE Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

3JPN.DE vs. METY.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 IncomeShares META Options ETP (METY.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	METY.DE	Difference
Sharpe ratio Return per unit of total volatility	0.90	2.02	-1.11
Sortino ratio Return per unit of downside risk	1.55	7.53	-5.98
Omega ratio Gain probability vs. loss probability	1.21	2.04	-0.83
Calmar ratio Return relative to maximum drawdown	1.73	10.56	-8.83
Martin ratio Return relative to average drawdown	5.83	29.95	-24.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3JPN.DE vs. METY.DE - Sharpe Ratio Comparison

The current 3JPN.DE Sharpe Ratio is 0.90, which is lower than the METY.DE Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of 3JPN.DE and METY.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	3JPN.DE	METY.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	2.02	-1.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	3.04	-2.62

Correlation

The correlation between 3JPN.DE and METY.DE is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

3JPN.DE vs. METY.DE - Dividend Comparison

3JPN.DE has not paid dividends to shareholders, while METY.DE's dividend yield for the trailing twelve months is around 198.60%.

	TTM	2025
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	0.00%	0.00%
METY.DE IncomeShares META Options ETP	198.60%	237.78%

Drawdowns

3JPN.DE vs. METY.DE - Drawdown Comparison

The maximum 3JPN.DE drawdown since its inception was -51.65%, which is greater than METY.DE's maximum drawdown of -32.19%. Use the drawdown chart below to compare losses from any high point for 3JPN.DE and METY.DE.

Drawdown Indicators

	3JPN.DE	METY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-51.65%	-31.80%	-19.85%
Max Drawdown (1Y) Largest decline over 1 year	-34.71%	-31.80%	-2.91%
Current Drawdown Current decline from peak	-21.98%	-23.87%	+1.89%
Average Drawdown Average peak-to-trough decline	-14.47%	-6.67%	-7.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.32%	11.05%	-0.73%

Volatility

3JPN.DE vs. METY.DE - Volatility Comparison

Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a higher volatility of 28.82% compared to IncomeShares META Options ETP (METY.DE) at 12.40%. This indicates that 3JPN.DE's price experiences larger fluctuations and is considered to be riskier than METY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3JPN.DE	METY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.82%	12.40%	+16.42%
Volatility (6M) Calculated over the trailing 6-month period	46.72%	52.87%	-6.15%
Volatility (1Y) Calculated over the trailing 1-year period	62.92%	151.82%	-88.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.07%	135.98%	-83.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.07%	135.98%	-83.91%