AMD3.L vs. 3GOE.L
AMD3.L (Leverage Shares 3x AMD ETP Securities) and 3GOE.L (Leverage Shares 3x Alphabet ETP Scs) are both Leveraged Equities funds from Leverage Shares - AMD3.L tracks the iSTOXX Leveraged 3x AMD Index while 3GOE.L tracks the iSTOXX Leveraged 3X GOOG Index. Both are passively managed. Over the past 5 years, AMD3.L returned 9.08%/yr vs 26.36%/yr for 3GOE.L. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
AMD3.L vs. 3GOE.L - Performance Comparison
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Returns By Period
In the year-to-date period, AMD3.L achieves a 617.03% return, which is significantly higher than 3GOE.L's 24.24% return.
AMD3.L
- 1D
- -6.29%
- 1M
- 177.24%
- YTD
- 617.03%
- 6M
- 557.62%
- 1Y
- 2,182.44%
- 3Y*
- 54.59%
- 5Y*
- 9.08%
- 10Y*
- —
3GOE.L
- 1D
- -8.94%
- 1M
- -20.37%
- YTD
- 24.24%
- 6M
- 14.50%
- 1Y
- 522.19%
- 3Y*
- 82.70%
- 5Y*
- 26.36%
- 10Y*
- —
AMD3.L vs. 3GOE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMD3.L Leverage Shares 3x AMD ETP Securities | 617.03% | 65.21% | -76.77% | 480.09% | -97.55% | 358.41% |
3GOE.L Leverage Shares 3x Alphabet ETP Scs | 24.24% | 133.65% | 89.16% | 159.88% | -86.56% | 80.15% |
Correlation
The correlation between AMD3.L and 3GOE.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.43 |
The correlation between AMD3.L and 3GOE.L shifts across timeframes, from 0.24 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AMD3.L vs. 3GOE.L — Risk / Return Rank
AMD3.L
3GOE.L
AMD3.L vs. 3GOE.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 Alphabet ETP Scs (3GOE.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 | 3GOE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.55 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 28.28 | 10.11 | +18.17 |
| Martin ratioReturn relative to average drawdown | 52.65 | 31.78 | +20.87 |
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 | 3GOE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.34 | 5.96 | +5.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.29 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.56 | -0.48 |
Drawdowns
AMD3.L vs. 3GOE.L - Drawdown Comparison
The maximum AMD3.L drawdown since its inception was -99.50%, which is greater than 3GOE.L's maximum drawdown of -88.62%. Use the drawdown chart below to compare losses from any high point for AMD3.L and 3GOE.L.
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Drawdown Indicators
| AMD3.L | 3GOE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.50% | -88.62% | -10.88% |
Max Drawdown (1Y)Largest decline over 1 year | -76.17% | -51.18% | -24.99% |
Max Drawdown (3Y)Largest decline over 3 years | -97.84% | -69.84% | -28.00% |
Max Drawdown (5Y)Largest decline over 5 years | -99.50% | -88.62% | -10.88% |
Current DrawdownCurrent decline from peak | -72.74% | -30.14% | -42.60% |
Average DrawdownAverage peak-to-trough decline | -83.48% | -43.42% | -40.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.00% | 16.32% | +24.68% |
Volatility
AMD3.L vs. 3GOE.L - Volatility Comparison
Leverage Shares 3x AMD ETP Securities (AMD3.L) has a higher volatility of 70.64% compared to Leverage Shares 3x Alphabet ETP Scs (3GOE.L) at 21.85%. This indicates that AMD3.L's price experiences larger fluctuations and is considered to be riskier than 3GOE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMD3.L | 3GOE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 70.64% | 21.85% | +48.79% |
Volatility (6M)Calculated over the trailing 6-month period | 135.51% | 54.32% | +81.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 190.00% | 86.91% | +103.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 157.84% | 89.71% | +68.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 157.40% | 89.22% | +68.18% |
AMD3.L vs. 3GOE.L - Expense Ratio Comparison
Both AMD3.L and 3GOE.L have an expense ratio of 0.75%.
Dividends
AMD3.L vs. 3GOE.L - Dividend Comparison
Neither AMD3.L nor 3GOE.L has paid dividends to shareholders.
Frequently Asked Questions
AMD3.L and 3GOE.L have a correlation of 0.24, 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 3GOE.L have the same expense ratio: 0.75% per year.
AMD3.L tracks iSTOXX Leveraged 3x AMD Index, while 3GOE.L tracks iSTOXX Leveraged 3X GOOG Index.
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