AMD3.L vs. 3GDE.L
AMD3.L (Leverage Shares 3x AMD ETP Securities) and 3GDE.L (Leverage Shares 3x Long Gold Miners ETC EUR) are both Leveraged Equities funds from Leverage Shares. AMD3.L is passively managed, while 3GDE.L is actively managed. Over the past year, AMD3.L returned 1367.58% vs 42.83% for 3GDE.L. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
AMD3.L vs. 3GDE.L - Performance Comparison
Loading charts...
Different Trading Currencies
AMD3.L is traded in USD, while 3GDE.L is traded in EUR. To make them comparable, the 3GDE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AMD3.L achieves a 497.60% return, which is significantly higher than 3GDE.L's -52.68% return.
AMD3.L
- 1D
- -15.40%
- 1M
- 11.16%
- YTD
- 497.60%
- 6M
- 483.59%
- 1Y
- 1,367.58%
- 3Y*
- 60.40%
- 5Y*
- 1.82%
- 10Y*
- —
3GDE.L
- 1D
- 0.00%
- 1M
- -22.07%
- YTD
- -52.68%
- 6M
- -58.09%
- 1Y
- 42.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMD3.L vs. 3GDE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMD3.L Leverage Shares 3x AMD ETP Securities | 497.60% | 65.08% | -76.34% |
3GDE.L Leverage Shares 3x Long Gold Miners ETC EUR | -52.68% | 796.39% | -20.70% |
Correlation
The correlation between AMD3.L and 3GDE.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2024 | 0.19 |
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
AMD3.L vs. 3GDE.L — Risk / Return Rank
AMD3.L
3GDE.L
AMD3.L vs. 3GDE.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 Long Gold Miners ETC EUR (3GDE.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.
| AMD3.L | 3GDE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.17 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 17.76 | 0.53 | +17.23 |
| Martin ratioReturn relative to average drawdown | 32.78 | 1.12 | +31.65 |
Loading charts...
Drawdowns
AMD3.L vs. 3GDE.L - Drawdown Comparison
The maximum AMD3.L drawdown since its inception was -99.50%, which is greater than 3GDE.L's maximum drawdown of -81.10%. Use the drawdown chart below to compare losses from any high point for AMD3.L and 3GDE.L.
Loading charts...
Drawdown Indicators
| AMD3.L | 3GDE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -81.10% | -18.40% |
Max Drawdown (1Y)Largest decline over 1 year | -76.15% | -81.10% | +4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -97.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.50% | — | — |
Current DrawdownCurrent decline from peak | -77.30% | -77.14% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -83.35% | -24.98% | -58.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.33% | 38.32% | +3.01% |
Volatility
AMD3.L vs. 3GDE.L - Volatility Comparison
Leverage Shares 3x AMD ETP Securities (AMD3.L) has a higher volatility of 58.97% compared to Leverage Shares 3x Long Gold Miners ETC EUR (3GDE.L) at 55.35%. This indicates that AMD3.L's price experiences larger fluctuations and is considered to be riskier than 3GDE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMD3.L | 3GDE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 58.97% | 55.35% | +3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 143.64% | 117.44% | +26.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 194.20% | 141.21% | +52.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 158.06% | 120.87% | +37.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 156.89% | 120.87% | +36.02% |
AMD3.L vs. 3GDE.L - Expense Ratio Comparison
Both AMD3.L and 3GDE.L have an expense ratio of 0.75%.
Dividends
AMD3.L vs. 3GDE.L - Dividend Comparison
Neither AMD3.L nor 3GDE.L has paid dividends to shareholders.
Frequently Asked Questions
AMD3.L and 3GDE.L have a correlation of 0.23, 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.
AMD3.L and 3GDE.L have the same expense ratio: 0.75% per year.
Find the right allocation for AMD3.L and 3GDE.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