5QQE.L vs. 2AMD.L

Last updated Jun 26, 2026

5QQE.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR) and 2AMD.L (Leverage Shares 2x Advanced Micro Devices ETC GBP) are both exchange-traded funds - 5QQE.L is a Nasdaq-100 fund actively managed by Leverage Shares, while 2AMD.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 2X AMD Index. 5QQE.L is actively managed, while 2AMD.L is passively managed. Over the past 3 years, 5QQE.L returned 55.11%/yr vs 89.37%/yr for 2AMD.L. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

5QQE.L vs. 2AMD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) and Leverage Shares 2x Advanced Micro Devices ETC GBP (2AMD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

5QQE.L is traded in EUR, while 2AMD.L is traded in GBp. To make them comparable, the 2AMD.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 5QQE.L achieves a 50.96% return, which is significantly lower than 2AMD.L's 347.14% return.

5QQE.L

• 1D: -3.66%
• 1M: -17.13%
• YTD: 50.96%
• 6M: 45.40%
• 1Y: 119.44%
• 3Y*: 55.11%
• 5Y*: —
• 10Y*: —

2AMD.L

• 1D: -9.54%
• 1M: 7.27%
• YTD: 347.14%
• 6M: 341.09%
• 1Y: 701.18%
• 3Y*: 89.37%
• 5Y*: 41.52%
• 10Y*: —

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

5QQE.L vs. 2AMD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR	50.96%	-9.77%	85.15%	410.76%	-95.82%	16.44%
2AMD.L Leverage Shares 2x Advanced Micro Devices ETC GBP	347.14%	72.88%	-47.46%	293.28%	-86.95%	16.94%

Correlation

The correlation between 5QQE.L and 2AMD.L is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 14, 2021	0.68

The correlation between 5QQE.L and 2AMD.L has been stable across timeframes, ranging from 0.64 to 0.68 - a consistent structural relationship.

5QQE.L vs. 2AMD.L - Sectors Allocation Comparison

Sectors	5QQE.L	2AMD.L
Technology	58.0%	100.0%
Communication Services	14.5%	-
Consumer Cyclical	11.6%	-
Consumer Defensive	6.6%	-
Healthcare	3.7%	-
Industrials	2.6%	-
Utilities	1.2%	-
Basic Materials	1.0%	-
Energy	0.5%	-
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

5QQE.L vs. 2AMD.L — Risk / Return Rank

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

5QQE.L

5QQE.L Risk / Return Rank: 44
5QQE.L Sharpe Ratio Rank: 45
5QQE.L Sortino Ratio Rank: 45
5QQE.L Omega Ratio Rank: 43
5QQE.L Calmar Ratio Rank: 47
5QQE.L Martin Ratio Rank: 39

2AMD.L

2AMD.L Risk / Return Rank: 96
2AMD.L Sharpe Ratio Rank: 99
2AMD.L Sortino Ratio Rank: 94
2AMD.L Omega Ratio Rank: 92
2AMD.L Calmar Ratio Rank: 98
2AMD.L Martin Ratio Rank: 96

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.

5QQE.L vs. 2AMD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) and Leverage Shares 2x Advanced Micro Devices ETC GBP (2AMD.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	5QQE.L	2AMD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.44	6.62	-5.19
Sortino ratio: Return per unit of downside risk	2.07	4.32	-2.25
Omega ratio: Gain probability vs. loss probability	1.26	1.53	-0.28
Calmar ratio: Return relative to maximum drawdown	2.12	15.49	-13.36
Martin ratio: Return relative to average drawdown	5.61	30.26	-24.64

5QQE.L vs. 2AMD.L - Sharpe Ratio Comparison

The current 5QQE.L Sharpe Ratio is 1.44, which is lower than the 2AMD.L Sharpe Ratio of 6.62. The chart below compares the historical Sharpe Ratios of 5QQE.L and 2AMD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

5QQE.L vs. 2AMD.L - Drawdown Comparison

The maximum 5QQE.L drawdown since its inception was -96.05%, roughly equal to the maximum 2AMD.L drawdown of -99.49%. Use the drawdown chart below to compare losses from any high point for 5QQE.L and 2AMD.L.

Drawdown Indicators

	5QQE.L	2AMD.L	Difference
Max Drawdown Largest peak-to-trough decline	-96.05%	-99.49%	+3.44%
Max Drawdown (1Y) Largest decline over 1 year	-56.00%	-54.60%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-80.99%	-89.50%	+8.51%
Max Drawdown (5Y) Largest decline over 5 years	—	-99.49%	—
Current Drawdown Current decline from peak	-46.75%	-89.56%	+42.81%
Average Drawdown Average peak-to-trough decline	-73.12%	-70.74%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.20%	28.00%	-6.80%

Volatility

5QQE.L vs. 2AMD.L - Volatility Comparison

The current volatility for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) is 33.41%, while Leverage Shares 2x Advanced Micro Devices ETC GBP (2AMD.L) has a volatility of 39.55%. This indicates that 5QQE.L experiences smaller price fluctuations and is considered to be less risky than 2AMD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5QQE.L	2AMD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.41%	39.55%	-6.14%
Volatility (6M) Calculated over the trailing 6-month period	64.29%	90.51%	-26.22%
Volatility (1Y) Calculated over the trailing 1-year period	82.61%	127.64%	-45.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.60%	4,297.77%	-4,191.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.60%	3,903.86%	-3,797.26%

5QQE.L vs. 2AMD.L - Expense Ratio Comparison

Both 5QQE.L and 2AMD.L have an expense ratio of 0.75%.

Dividends

5QQE.L vs. 2AMD.L - Dividend Comparison

Neither 5QQE.L nor 2AMD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 5QQE.L and 2AMD.L in my portfolio?

5QQE.L and 2AMD.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 5QQE.L or 2AMD.L?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5QQE.L or 2AMD.L?

5QQE.L and 2AMD.L have the same expense ratio: 0.75% per year.

What is the main difference between 5QQE.L and 2AMD.L?

5QQE.L is categorized as Nasdaq-100, while 2AMD.L is Leveraged Equities.