3NFE.L vs. 3AMD.L
3NFE.L (Leverage Shares 3x Netflix ETP Securities EUR) and 3AMD.L (Leverage Shares 3x AMD ETC GBP) are both Leveraged Equities funds from Leverage Shares - 3NFE.L tracks the iSTOXX Leveraged 3X NFLX Index while 3AMD.L tracks the iSTOXX Leveraged 3x AMD Index. Both are passively managed. Over the past 3 years, 3NFE.L returned 19.35%/yr vs 50.35%/yr for 3AMD.L. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3NFE.L vs. 3AMD.L - Performance Comparison
Loading charts...
Different Trading Currencies
3NFE.L is traded in EUR, while 3AMD.L is traded in GBp. To make them comparable, the 3AMD.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3NFE.L achieves a -45.74% return, which is significantly lower than 3AMD.L's 624.93% return.
3NFE.L
- 1D
- 2.63%
- 1M
- -20.34%
- YTD
- -45.74%
- 6M
- -60.00%
- 1Y
- -82.47%
- 3Y*
- 19.35%
- 5Y*
- -47.15%
- 10Y*
- —
3AMD.L
- 1D
- -5.30%
- 1M
- 179.29%
- YTD
- 624.93%
- 6M
- 558.43%
- 1Y
- 2,145.41%
- 3Y*
- 50.35%
- 5Y*
- —
- 10Y*
- —
3NFE.L vs. 3AMD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3NFE.L Leverage Shares 3x Netflix ETP Securities EUR | -45.74% | -42.85% | 343.40% | 211.89% | -99.47% | 58.83% |
3AMD.L Leverage Shares 3x AMD ETC GBP | 624.93% | 45.75% | -75.24% | 460.45% | -97.54% | 273.40% |
Correlation
The correlation between 3NFE.L and 3AMD.L is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.31 |
Over the past year, the correlation between 3NFE.L and 3AMD.L has dropped to 0.05 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
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
3NFE.L vs. 3AMD.L — Risk / Return Rank
3NFE.L
3AMD.L
3NFE.L vs. 3AMD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Netflix ETP Securities EUR (3NFE.L) and Leverage Shares 3x AMD ETC GBP (3AMD.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.
| 3NFE.L | 3AMD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.04 | ||
| Sortino ratioReturn per unit of downside risk | -6.35 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.59 | -0.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 27.83 | -28.78 |
| Martin ratioReturn relative to average drawdown | -1.38 | 51.43 | -52.81 |
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
| 3NFE.L | 3AMD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | 11.18 | -12.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.35 | 0.04 | -0.39 |
Drawdowns
3NFE.L vs. 3AMD.L - Drawdown Comparison
The maximum 3NFE.L drawdown since its inception was -99.86%, roughly equal to the maximum 3AMD.L drawdown of -99.50%. Use the drawdown chart below to compare losses from any high point for 3NFE.L and 3AMD.L.
Loading charts...
Drawdown Indicators
| 3NFE.L | 3AMD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.86% | -99.50% | -0.36% |
Max Drawdown (1Y)Largest decline over 1 year | -86.42% | -76.11% | -10.31% |
Max Drawdown (3Y)Largest decline over 3 years | -86.42% | -97.92% | +11.50% |
Max Drawdown (5Y)Largest decline over 5 years | -99.86% | — | — |
Current DrawdownCurrent decline from peak | -98.45% | -73.61% | -24.84% |
Average DrawdownAverage peak-to-trough decline | -82.10% | -85.04% | +2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.67% | 41.26% | +18.41% |
Volatility
3NFE.L vs. 3AMD.L - Volatility Comparison
The current volatility for Leverage Shares 3x Netflix ETP Securities EUR (3NFE.L) is 22.67%, while Leverage Shares 3x AMD ETC GBP (3AMD.L) has a volatility of 68.99%. This indicates that 3NFE.L experiences smaller price fluctuations and is considered to be less risky than 3AMD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3NFE.L | 3AMD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.67% | 68.99% | -46.32% |
Volatility (6M)Calculated over the trailing 6-month period | 78.25% | 134.99% | -56.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.74% | 189.50% | -93.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 124.78% | 158.81% | -34.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122.69% | 158.81% | -36.12% |
3NFE.L vs. 3AMD.L - Expense Ratio Comparison
Both 3NFE.L and 3AMD.L have an expense ratio of 0.75%.
Dividends
3NFE.L vs. 3AMD.L - Dividend Comparison
Neither 3NFE.L nor 3AMD.L has paid dividends to shareholders.
Frequently Asked Questions
3NFE.L and 3AMD.L have a correlation of 0.05, 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.
3NFE.L and 3AMD.L have the same expense ratio: 0.75% per year.
3NFE.L tracks iSTOXX Leveraged 3X NFLX Index, while 3AMD.L tracks iSTOXX Leveraged 3x AMD Index.
Find the right allocation for 3NFE.L and 3AMD.L
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