AMD3.L vs. 3AMD.L
AMD3.L (Leverage Shares 3x AMD ETP Securities) and 3AMD.L (Leverage Shares 3x AMD ETC GBP) are both Leveraged Equities funds from Leverage Shares tracking the iSTOXX Leveraged 3x AMD Index. Both are passively managed. Over the past 3 years, AMD3.L returned 56.32%/yr vs 55.81%/yr for 3AMD.L. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.75% expense ratio.
Performance
AMD3.L vs. 3AMD.L - Performance Comparison
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Different Trading Currencies
AMD3.L is traded in USD, while 3AMD.L is traded in GBp. To make them comparable, the 3AMD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with AMD3.L having a 665.19% return and 3AMD.L slightly lower at 656.29%.
AMD3.L
- 1D
- 12.50%
- 1M
- 184.05%
- YTD
- 665.19%
- 6M
- 617.58%
- 1Y
- 2,396.09%
- 3Y*
- 56.32%
- 5Y*
- 10.51%
- 10Y*
- —
3AMD.L
- 1D
- 11.24%
- 1M
- 181.55%
- YTD
- 656.29%
- 6M
- 608.04%
- 1Y
- 2,367.58%
- 3Y*
- 55.81%
- 5Y*
- —
- 10Y*
- —
AMD3.L vs. 3AMD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMD3.L Leverage Shares 3x AMD ETP Securities | 665.19% | 65.21% | -76.77% | 480.09% | -97.55% | 235.55% |
3AMD.L Leverage Shares 3x AMD ETC GBP | 656.29% | 65.37% | -76.77% | 477.77% | -97.68% | 254.49% |
Correlation
The correlation between AMD3.L and 3AMD.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.98 |
The correlation between AMD3.L and 3AMD.L has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.
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Return for Risk
AMD3.L vs. 3AMD.L — Risk / Return Rank
AMD3.L
3AMD.L
AMD3.L vs. 3AMD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x AMD ETP Securities (AMD3.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.
| AMD3.L | 3AMD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.61 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 31.04 | 30.67 | +0.38 |
| Martin ratioReturn relative to average drawdown | 57.78 | 57.11 | +0.68 |
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
| AMD3.L | 3AMD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.46 | 12.33 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.04 | +0.04 |
Drawdowns
AMD3.L vs. 3AMD.L - Drawdown Comparison
The maximum AMD3.L drawdown since its inception was -99.50%, roughly equal to the maximum 3AMD.L drawdown of -99.50%. Use the drawdown chart below to compare losses from any high point for AMD3.L and 3AMD.L.
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Drawdown Indicators
| AMD3.L | 3AMD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -99.50% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -76.17% | -76.19% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -97.84% | -97.84% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -99.50% | — | — |
Current DrawdownCurrent decline from peak | -70.91% | -71.20% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -83.49% | -85.22% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.00% | 41.00% | 0.00% |
Volatility
AMD3.L vs. 3AMD.L - Volatility Comparison
Leverage Shares 3x AMD ETP Securities (AMD3.L) and Leverage Shares 3x AMD ETC GBP (3AMD.L) have volatilities of 70.27% and 69.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMD3.L | 3AMD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 70.27% | 69.35% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 135.27% | 135.51% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 190.00% | 189.63% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 157.81% | 160.00% | -2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 157.44% | 160.00% | -2.56% |
AMD3.L vs. 3AMD.L - Expense Ratio Comparison
Both AMD3.L and 3AMD.L have an expense ratio of 0.75%.
Dividends
AMD3.L vs. 3AMD.L - Dividend Comparison
Neither AMD3.L nor 3AMD.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, AMD3.L and 3AMD.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AMD3.L and 3AMD.L have the same expense ratio: 0.75% per year.
Both ETFs track iSTOXX Leveraged 3x AMD Index.
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