COII.L vs. 3ABN.L

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) and Leverage Shares 3x Airbnb ETP Securities GBP (3ABN.L).

COII.L and 3ABN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COII.L is an actively managed fund by Leverage Shares. It was launched on Sep 26, 2024. 3ABN.L is a passively managed fund by Leverage Shares that tracks the performance of the iSTOXX Leveraged 3x ABNB Index. It was launched on Jun 14, 2021.

Performance

COII.L vs. 3ABN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) and Leverage Shares 3x Airbnb ETP Securities GBP (3ABN.L). The values are adjusted to include any dividend payments, if applicable.

COII.L vs. 3ABN.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
COII.L IncomeShares Coinbase (COIN) Options ETP GBP	-44.45%	-47.27%	15.90%
3ABN.L Leverage Shares 3x Airbnb ETP Securities GBP	-29.80%	12,760.97%	-0.08%

Returns By Period

In the year-to-date period, COII.L achieves a -44.45% return, which is significantly lower than 3ABN.L's -29.80% return.

COII.L

• 1D: -1.98%
• 1M: -10.24%
• YTD: -44.45%
• 6M: -65.47%
• 1Y: -61.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

3ABN.L

• 1D: 6.07%
• 1M: -14.30%
• YTD: -29.80%
• 6M: -9.19%
• 1Y: 14,823.65%
• 3Y*: 240.71%
• 5Y*: —
• 10Y*: —

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

COII.L vs. 3ABN.L - Expense Ratio Comparison

COII.L has a 0.55% expense ratio, which is lower than 3ABN.L's 0.75% expense ratio.

3ABN.L

Leverage Shares 3x Airbnb ETP Securities GBP

COII.L

IncomeShares Coinbase (COIN) Options ETP GBP

Return for Risk

COII.L vs. 3ABN.L — Risk / Return Rank

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

COII.L

COII.L Risk / Return Rank: 1
COII.L Sharpe Ratio Rank: 0
COII.L Sortino Ratio Rank: 0
COII.L Omega Ratio Rank: 0
COII.L Calmar Ratio Rank: 1
COII.L Martin Ratio Rank: 1

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.

COII.L vs. 3ABN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) and Leverage Shares 3x Airbnb ETP Securities GBP (3ABN.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.

	COII.L	3ABN.L	Difference
Sharpe ratio Return per unit of total volatility	-1.04	0.66	-1.70
Sortino ratio Return per unit of downside risk	-1.68	326.94	-328.62
Omega ratio Gain probability vs. loss probability	0.79	41.03	-40.24
Calmar ratio Return relative to maximum drawdown	-0.84	247.75	-248.59
Martin ratio Return relative to average drawdown	-1.58	411.93	-413.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COII.L vs. 3ABN.L - Sharpe Ratio Comparison

The current COII.L Sharpe Ratio is -1.04, which is lower than the 3ABN.L Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of COII.L and 3ABN.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COII.L	3ABN.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.04	0.66	-1.70
Sharpe Ratio (All Time) Calculated using the full available price history	-0.86	0.00	-0.86

Correlation

The correlation between COII.L and 3ABN.L is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COII.L vs. 3ABN.L - Dividend Comparison

COII.L's dividend yield for the trailing twelve months is around 131.92%, while 3ABN.L has not paid dividends to shareholders.

	TTM	2025	2024
COII.L IncomeShares Coinbase (COIN) Options ETP GBP	131.92%	191.72%	18.99%
3ABN.L Leverage Shares 3x Airbnb ETP Securities GBP	0.00%	0.00%	0.00%

Drawdowns

COII.L vs. 3ABN.L - Drawdown Comparison

The maximum COII.L drawdown since its inception was -76.00%, smaller than the maximum 3ABN.L drawdown of -99.20%. Use the drawdown chart below to compare losses from any high point for COII.L and 3ABN.L.

Volatility

COII.L vs. 3ABN.L - Volatility Comparison

The current volatility for IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) is 17.53%, while Leverage Shares 3x Airbnb ETP Securities GBP (3ABN.L) has a volatility of 32.89%. This indicates that COII.L experiences smaller price fluctuations and is considered to be less risky than 3ABN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COII.L	3ABN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.53%	32.89%	-15.36%
Volatility (6M) Calculated over the trailing 6-month period	45.45%	62.00%	-16.55%
Volatility (1Y) Calculated over the trailing 1-year period	59.07%	22,051.62%	-21,992.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.41%	10,099.90%	-10,040.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.41%	10,099.90%	-10,040.49%