5QQE.L vs. MAG7.L
5QQE.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR) and MAG7.L (Leverage Shares 5x Long Magnificent 7 ETP Securities) are both exchange-traded funds - 5QQE.L is a Nasdaq-100 fund actively managed by Leverage Shares, while MAG7.L is a Leveraged Equities fund tracking the Solactive Magnificent 7 Index. 5QQE.L is actively managed, while MAG7.L is passively managed. Over the past year, 5QQE.L returned 205.09% vs 122.21% for MAG7.L. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
5QQE.L vs. MAG7.L - Performance Comparison
Loading charts...
Different Trading Currencies
5QQE.L is traded in EUR, while MAG7.L is traded in USD. To make them comparable, the MAG7.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 94.22% return, which is significantly higher than MAG7.L's 0.76% return.
5QQE.L
- 1D
- -3.82%
- 1M
- 45.57%
- YTD
- 94.22%
- 6M
- 81.64%
- 1Y
- 205.09%
- 3Y*
- 69.77%
- 5Y*
- —
- 10Y*
- —
MAG7.L
- 1D
- 5.07%
- 1M
- 14.01%
- YTD
- 0.76%
- 6M
- -1.14%
- 1Y
- 122.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5QQE.L vs. MAG7.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR | 94.22% | -9.64% | 36.56% |
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | 0.76% | -36.92% | 162.58% |
Correlation
The correlation between 5QQE.L and MAG7.L 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 (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.87 |
The correlation between 5QQE.L and MAG7.L has been stable across timeframes, ranging from 0.84 to 0.87 - 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
5QQE.L vs. MAG7.L — Risk / Return Rank
5QQE.L
MAG7.L
5QQE.L vs. MAG7.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 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.
| 5QQE.L | MAG7.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.24 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 1.71 | +1.93 |
| Martin ratioReturn relative to average drawdown | 9.85 | 4.17 | +5.69 |
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
| 5QQE.L | MAG7.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 1.25 | +1.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.21 | -0.26 |
Drawdowns
5QQE.L vs. MAG7.L - Drawdown Comparison
The maximum 5QQE.L drawdown since its inception was -96.05%, roughly equal to the maximum MAG7.L drawdown of -91.94%. Use the drawdown chart below to compare losses from any high point for 5QQE.L and MAG7.L.
Loading charts...
Drawdown Indicators
| 5QQE.L | MAG7.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.05% | -91.94% | -4.11% |
Max Drawdown (1Y)Largest decline over 1 year | -56.03% | -71.21% | +15.18% |
Max Drawdown (3Y)Largest decline over 3 years | -80.97% | — | — |
Current DrawdownCurrent decline from peak | -31.31% | -51.33% | +20.02% |
Average DrawdownAverage peak-to-trough decline | -74.99% | -49.70% | -25.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.72% | 29.23% | -8.51% |
Volatility
5QQE.L vs. MAG7.L - Volatility Comparison
The current volatility for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) is 24.60%, while Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) has a volatility of 27.11%. This indicates that 5QQE.L experiences smaller price fluctuations and is considered to be less risky than MAG7.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 5QQE.L | MAG7.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.60% | 27.11% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 56.93% | 71.01% | -14.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.27% | 97.04% | -19.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.77% | 124.90% | -16.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.77% | 124.90% | -16.13% |
5QQE.L vs. MAG7.L - Expense Ratio Comparison
Both 5QQE.L and MAG7.L have an expense ratio of 0.75%.
Dividends
5QQE.L vs. MAG7.L - Dividend Comparison
Neither 5QQE.L nor MAG7.L has paid dividends to shareholders.
Frequently Asked Questions
5QQE.L and MAG7.L 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.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
5QQE.L and MAG7.L have the same expense ratio: 0.75% per year.
5QQE.L is categorized as Nasdaq-100, while MAG7.L is Leveraged Equities.
Find the right allocation for 5QQE.L and MAG7.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