3TSM.L vs. MAG7.L
3TSM.L (Leverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities) and MAG7.L (Leverage Shares 5x Long Magnificent 7 ETP Securities) are both Leveraged Equities funds from Leverage Shares - 3TSM.L tracks the iSTOXX Leveraged 3x TSM Index while MAG7.L tracks the Solactive Magnificent 7 Index. Both are passively managed. Over the past year, 3TSM.L returned 581.86% vs 110.53% for MAG7.L. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
3TSM.L vs. MAG7.L - Performance Comparison
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Returns By Period
In the year-to-date period, 3TSM.L achieves a 142.39% return, which is significantly higher than MAG7.L's -5.31% return.
3TSM.L
- 1D
- -1.75%
- 1M
- 30.63%
- YTD
- 142.39%
- 6M
- 154.11%
- 1Y
- 581.86%
- 3Y*
- 146.20%
- 5Y*
- —
- 10Y*
- —
MAG7.L
- 1D
- -8.85%
- 1M
- 6.80%
- YTD
- -5.31%
- 6M
- -6.52%
- 1Y
- 110.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3TSM.L vs. MAG7.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
3TSM.L Leverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities | 142.39% | 60.55% | 88.24% |
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | -5.31% | -28.43% | 150.95% |
Correlation
The correlation between 3TSM.L and MAG7.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.60 |
The correlation between 3TSM.L and MAG7.L has been stable across timeframes, ranging from 0.60 to 0.60 - a consistent structural relationship.
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Return for Risk
3TSM.L vs. MAG7.L — Risk / Return Rank
3TSM.L
MAG7.L
3TSM.L vs. MAG7.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities (3TSM.L) and Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.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.
| 3TSM.L | MAG7.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.23 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 12.39 | 1.54 | +10.85 |
| Martin ratioReturn relative to average drawdown | 35.93 | 3.81 | +32.13 |
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
| 3TSM.L | MAG7.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.47 | 1.13 | +4.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.22 | +0.13 |
Drawdowns
3TSM.L vs. MAG7.L - Drawdown Comparison
The maximum 3TSM.L drawdown since its inception was -93.59%, roughly equal to the maximum MAG7.L drawdown of -91.14%. Use the drawdown chart below to compare losses from any high point for 3TSM.L and MAG7.L.
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Drawdown Indicators
| 3TSM.L | MAG7.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.59% | -91.14% | -2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -46.56% | -71.56% | +25.00% |
Max Drawdown (3Y)Largest decline over 3 years | -81.95% | — | — |
Current DrawdownCurrent decline from peak | -1.75% | -48.09% | +46.34% |
Average DrawdownAverage peak-to-trough decline | -55.71% | -47.28% | -8.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.08% | 28.94% | -12.86% |
Volatility
3TSM.L vs. MAG7.L - Volatility Comparison
Leverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities (3TSM.L) has a higher volatility of 37.57% compared to Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) at 27.11%. This indicates that 3TSM.L's price experiences larger fluctuations and is considered to be riskier than MAG7.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3TSM.L | MAG7.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.57% | 27.11% | +10.46% |
Volatility (6M)Calculated over the trailing 6-month period | 77.75% | 71.50% | +6.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 105.63% | 97.85% | +7.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.40% | 124.83% | -10.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.40% | 124.83% | -10.43% |
3TSM.L vs. MAG7.L - Expense Ratio Comparison
Both 3TSM.L and MAG7.L have an expense ratio of 0.75%.
Dividends
3TSM.L vs. MAG7.L - Dividend Comparison
Neither 3TSM.L nor MAG7.L has paid dividends to shareholders.
Frequently Asked Questions
3TSM.L and MAG7.L have a correlation of 0.60, 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.
3TSM.L and MAG7.L have the same expense ratio: 0.75% per year.
3TSM.L tracks iSTOXX Leveraged 3x TSM Index, while MAG7.L tracks Solactive Magnificent 7 Index.
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