3JPN.DE vs. SXRZ.DE
3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) and SXRZ.DE (iShares Nikkei 225 UCITS ETF (Acc)) are both exchange-traded funds - 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares, while SXRZ.DE is a Japan Equities fund tracking the Nikkei 225®. 3JPN.DE is actively managed, while SXRZ.DE is passively managed. Over the past 3 years, 3JPN.DE returned 20.30%/yr vs 20.34%/yr for SXRZ.DE. Their correlation of 0.83 suggests significant overlap in exposure. 3JPN.DE charges 0.75%/yr vs 0.48%/yr for SXRZ.DE.
Performance
3JPN.DE vs. SXRZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 3JPN.DE achieves a 37.51% return, which is significantly higher than SXRZ.DE's 32.06% return.
3JPN.DE
- 1D
- -0.77%
- 1M
- 7.20%
- YTD
- 37.51%
- 6M
- 34.92%
- 1Y
- 72.37%
- 3Y*
- 20.30%
- 5Y*
- —
- 10Y*
- —
SXRZ.DE
- 1D
- -1.49%
- 1M
- 7.63%
- YTD
- 32.06%
- 6M
- 30.08%
- 1Y
- 60.04%
- 3Y*
- 20.34%
- 5Y*
- 11.98%
- 10Y*
- 11.60%
3JPN.DE vs. SXRZ.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% |
SXRZ.DE iShares Nikkei 225 UCITS ETF (Acc) | 32.06% | 15.71% | 13.83% | 17.70% | -4.84% |
Correlation
The correlation between 3JPN.DE and SXRZ.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022 | 0.83 |
The correlation between 3JPN.DE and SXRZ.DE has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.
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
3JPN.DE vs. SXRZ.DE — Risk / Return Rank
3JPN.DE
SXRZ.DE
3JPN.DE vs. SXRZ.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 iShares Nikkei 225 UCITS ETF (Acc) (SXRZ.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 | SXRZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 4.57 | -2.60 |
| Martin ratioReturn relative to average drawdown | 5.61 | 13.83 | -8.22 |
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
| 3JPN.DE | SXRZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 2.53 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.58 | -0.08 |
Drawdowns
3JPN.DE vs. SXRZ.DE - Drawdown Comparison
The maximum 3JPN.DE drawdown since its inception was -51.65%, which is greater than SXRZ.DE's maximum drawdown of -29.90%. Use the drawdown chart below to compare losses from any high point for 3JPN.DE and SXRZ.DE.
Loading charts...
Drawdown Indicators
| 3JPN.DE | SXRZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.65% | -29.90% | -21.75% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -12.92% | -21.79% |
Max Drawdown (3Y)Largest decline over 3 years | -51.65% | -20.19% | -31.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.90% | — |
Current DrawdownCurrent decline from peak | -7.07% | -1.49% | -5.58% |
Average DrawdownAverage peak-to-trough decline | -14.56% | -7.26% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.19% | 4.28% | +7.91% |
Volatility
3JPN.DE vs. SXRZ.DE - Volatility Comparison
Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a higher volatility of 11.68% compared to iShares Nikkei 225 UCITS ETF (Acc) (SXRZ.DE) at 6.62%. This indicates that 3JPN.DE's price experiences larger fluctuations and is considered to be riskier than SXRZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3JPN.DE | SXRZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.68% | 6.62% | +5.06% |
Volatility (6M)Calculated over the trailing 6-month period | 48.68% | 18.37% | +30.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.28% | 23.34% | +36.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.77% | 18.49% | +34.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.77% | 17.77% | +35.00% |
3JPN.DE vs. SXRZ.DE - Expense Ratio Comparison
3JPN.DE has a 0.75% expense ratio, which is higher than SXRZ.DE's 0.48% expense ratio.
Dividends
3JPN.DE vs. SXRZ.DE - Dividend Comparison
Neither 3JPN.DE nor SXRZ.DE has paid dividends to shareholders.
Frequently Asked Questions
3JPN.DE and SXRZ.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXRZ.DE is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXRZ.DE is cheaper with a 0.48% expense ratio, compared with 0.75% for 3JPN.DE.
3JPN.DE is categorized as Leveraged Equities, while SXRZ.DE is Japan Equities. They also come from different issuers: Leverage Shares and iShares. Their fees differ too: 0.75% for 3JPN.DE and 0.48% for SXRZ.DE.
Find the right allocation for 3JPN.DE and SXRZ.DE
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