3JPN.DE vs. PR1J.DE
3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) and PR1J.DE (Amundi Prime Japan UCITS ETF DR (D)) are both exchange-traded funds - 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares, while PR1J.DE is a Japan Equities fund tracking the Solactive GBS Japan Large & Mid Cap. 3JPN.DE is actively managed, while PR1J.DE is passively managed. Over the past 3 years, 3JPN.DE returned 20.30%/yr vs 15.30%/yr for PR1J.DE. Their correlation of 0.90 suggests significant overlap in exposure. 3JPN.DE charges 0.75%/yr vs 0.05%/yr for PR1J.DE.
Performance
3JPN.DE vs. PR1J.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 PR1J.DE's 15.82% return.
3JPN.DE
- 1D
- -0.77%
- 1M
- 7.20%
- YTD
- 37.51%
- 6M
- 34.92%
- 1Y
- 72.37%
- 3Y*
- 20.30%
- 5Y*
- —
- 10Y*
- —
PR1J.DE
- 1D
- -0.01%
- 1M
- 3.47%
- YTD
- 15.82%
- 6M
- 16.06%
- 1Y
- 30.46%
- 3Y*
- 15.30%
- 5Y*
- 10.01%
- 10Y*
- —
3JPN.DE vs. PR1J.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% |
PR1J.DE Amundi Prime Japan UCITS ETF DR (D) | 15.82% | 12.92% | 13.38% | 16.35% | -1.01% |
Correlation
The correlation between 3JPN.DE and PR1J.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022 | 0.90 |
The correlation between 3JPN.DE and PR1J.DE has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
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Return for Risk
3JPN.DE vs. PR1J.DE — Risk / Return Rank
3JPN.DE
PR1J.DE
3JPN.DE vs. PR1J.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 Amundi Prime Japan UCITS ETF DR (D) (PR1J.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 | PR1J.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.83 | -0.87 |
| Martin ratioReturn relative to average drawdown | 5.61 | 9.22 | -3.61 |
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 | PR1J.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.54 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.58 | -0.08 |
Drawdowns
3JPN.DE vs. PR1J.DE - Drawdown Comparison
The maximum 3JPN.DE drawdown since its inception was -51.65%, which is greater than PR1J.DE's maximum drawdown of -28.08%. Use the drawdown chart below to compare losses from any high point for 3JPN.DE and PR1J.DE.
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Drawdown Indicators
| 3JPN.DE | PR1J.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.65% | -28.08% | -23.57% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -10.30% | -24.41% |
Max Drawdown (3Y)Largest decline over 3 years | -51.65% | -16.24% | -35.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.66% | — |
Current DrawdownCurrent decline from peak | -7.07% | -0.01% | -7.06% |
Average DrawdownAverage peak-to-trough decline | -14.56% | -5.53% | -9.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.19% | 3.17% | +9.02% |
Volatility
3JPN.DE vs. PR1J.DE - Volatility Comparison
Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a higher volatility of 11.68% compared to Amundi Prime Japan UCITS ETF DR (D) (PR1J.DE) at 3.43%. This indicates that 3JPN.DE's price experiences larger fluctuations and is considered to be riskier than PR1J.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 | PR1J.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.68% | 3.43% | +8.25% |
Volatility (6M)Calculated over the trailing 6-month period | 48.68% | 15.05% | +33.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.28% | 18.93% | +41.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.77% | 16.50% | +36.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.77% | 17.41% | +35.36% |
3JPN.DE vs. PR1J.DE - Expense Ratio Comparison
3JPN.DE has a 0.75% expense ratio, which is higher than PR1J.DE's 0.05% expense ratio.
Dividends
3JPN.DE vs. PR1J.DE - Dividend Comparison
3JPN.DE has not paid dividends to shareholders, while PR1J.DE's dividend yield for the trailing twelve months is around 1.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PR1J.DE Amundi Prime Japan UCITS ETF DR (D) | 1.51% | 1.75% | 1.91% | 1.90% | 2.21% | 1.79% | 1.73% | 1.88% |
Frequently Asked Questions
With a correlation of 0.95, 3JPN.DE and PR1J.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PR1J.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1J.DE is cheaper with a 0.05% expense ratio, compared with 0.75% for 3JPN.DE.
3JPN.DE is categorized as Leveraged Equities, while PR1J.DE is Japan Equities. They also come from different issuers: Leverage Shares and Amundi. Their fees differ too: 0.75% for 3JPN.DE and 0.05% for PR1J.DE.
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