3QQQ.L vs. 3AMZ.L

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and Leverage Shares 3x Amazon ETC (3AMZ.L).

3QQQ.L and 3AMZ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3QQQ.L is an actively managed fund by Leverage Shares. It was launched on Jun 6, 2022. 3AMZ.L is a passively managed fund by Leverage Shares that tracks the performance of the iSTOXX Leveraged 3X AMZN Index. It was launched on Jun 4, 2020.

Performance

3QQQ.L vs. 3AMZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and Leverage Shares 3x Amazon ETC (3AMZ.L). The values are adjusted to include any dividend payments, if applicable.

3QQQ.L vs. 3AMZ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
3QQQ.L Leverage Shares 3x Long US Tech 100 ETP Securities	-19.09%	13.90%	60.92%	187.21%	-56.66%
3AMZ.L Leverage Shares 3x Amazon ETC	-30.92%	-38.43%	110.82%	268.28%	-81.03%

Returns By Period

In the year-to-date period, 3QQQ.L achieves a -19.09% return, which is significantly higher than 3AMZ.L's -30.92% return.

3QQQ.L

• 1D: 8.72%
• 1M: -10.76%
• YTD: -19.09%
• 6M: -16.94%
• 1Y: 36.33%
• 3Y*: 38.88%
• 5Y*: —
• 10Y*: —

3AMZ.L

• 1D: 8.12%
• 1M: 3.90%
• YTD: -30.92%
• 6M: -27.26%
• 1Y: -23.89%
• 3Y*: 27.92%
• 5Y*: -26.91%
• 10Y*: —

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

3QQQ.L vs. 3AMZ.L - Expense Ratio Comparison

3QQQ.L has a 0.01% expense ratio, which is lower than 3AMZ.L's 0.75% expense ratio.

3AMZ.L

Leverage Shares 3x Amazon ETC

3QQQ.L

Leverage Shares 3x Long US Tech 100 ETP Securities

Return for Risk

3QQQ.L vs. 3AMZ.L — Risk / Return Rank

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

3QQQ.L

3QQQ.L Risk / Return Rank: 33
3QQQ.L Sharpe Ratio Rank: 26
3QQQ.L Sortino Ratio Rank: 43
3QQQ.L Omega Ratio Rank: 43
3QQQ.L Calmar Ratio Rank: 28
3QQQ.L Martin Ratio Rank: 23

3AMZ.L

3AMZ.L Risk / Return Rank: 10
3AMZ.L Sharpe Ratio Rank: 8
3AMZ.L Sortino Ratio Rank: 16
3AMZ.L Omega Ratio Rank: 16
3AMZ.L Calmar Ratio Rank: 6
3AMZ.L Martin Ratio Rank: 5

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.

3QQQ.L vs. 3AMZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and Leverage Shares 3x Amazon ETC (3AMZ.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.

	3QQQ.L	3AMZ.L	Difference
Sharpe ratio Return per unit of total volatility	0.52	-0.23	+0.74
Sortino ratio Return per unit of downside risk	1.26	0.39	+0.87
Omega ratio Gain probability vs. loss probability	1.18	1.05	+0.13
Calmar ratio Return relative to maximum drawdown	0.72	-0.40	+1.11
Martin ratio Return relative to average drawdown	1.62	-0.85	+2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3QQQ.L vs. 3AMZ.L - Sharpe Ratio Comparison

The current 3QQQ.L Sharpe Ratio is 0.52, which is higher than the 3AMZ.L Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of 3QQQ.L and 3AMZ.L, 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

	3QQQ.L	3AMZ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	-0.23	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	-0.18	+0.46

Correlation

The correlation between 3QQQ.L and 3AMZ.L is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

3QQQ.L vs. 3AMZ.L - Dividend Comparison

Neither 3QQQ.L nor 3AMZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

3QQQ.L vs. 3AMZ.L - Drawdown Comparison

The maximum 3QQQ.L drawdown since its inception was -58.93%, smaller than the maximum 3AMZ.L drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for 3QQQ.L and 3AMZ.L.

Drawdown Indicators

	3QQQ.L	3AMZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.93%	-96.67%	+37.74%
Max Drawdown (1Y) Largest decline over 1 year	-47.89%	-60.08%	+12.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-96.31%	—
Current Drawdown Current decline from peak	-42.24%	-88.59%	+46.35%
Average Drawdown Average peak-to-trough decline	-20.85%	-69.46%	+48.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.13%	27.80%	-6.67%

Volatility

3QQQ.L vs. 3AMZ.L - Volatility Comparison

The current volatility for Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) is 16.78%, while Leverage Shares 3x Amazon ETC (3AMZ.L) has a volatility of 28.39%. This indicates that 3QQQ.L experiences smaller price fluctuations and is considered to be less risky than 3AMZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3QQQ.L	3AMZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.78%	28.39%	-11.61%
Volatility (6M) Calculated over the trailing 6-month period	53.33%	80.30%	-26.97%
Volatility (1Y) Calculated over the trailing 1-year period	70.29%	105.56%	-35.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.86%	105.49%	-41.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.86%	104.68%	-40.82%