DBPE.DE vs. 3JPN.DE
DBPE.DE (Xtrackers LevDAX Daily Swap UCITS ETF (Acc)) and 3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) are both exchange-traded funds - DBPE.DE is a Leveraged Equities fund tracking the LevDAX (2x) Index, while 3JPN.DE is a Japan Equities fund actively managed by Leverage Shares. DBPE.DE is passively managed, while 3JPN.DE is actively managed. Over the past 3 years, DBPE.DE returned 28.07%/yr vs 22.39%/yr for 3JPN.DE. A 0.55 correlation means they provide meaningful diversification when combined. DBPE.DE charges 0.35%/yr vs 0.75%/yr for 3JPN.DE.
Performance
DBPE.DE vs. 3JPN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DBPE.DE achieves a 6.63% return, which is significantly lower than 3JPN.DE's 36.71% return.
DBPE.DE
- 1D
- 1.50%
- 1M
- 7.49%
- 6M
- 6.44%
- YTD
- 6.63%
- 1Y
- 8.95%
- 3Y*
- 28.07%
- 5Y*
- 14.53%
- 10Y*
- 15.53%
3JPN.DE
- 1D
- 0.00%
- 1M
- -1.35%
- 6M
- 36.87%
- YTD
- 36.71%
- 1Y
- 68.24%
- 3Y*
- 22.39%
- 5Y*
- —
- 10Y*
- —
DBPE.DE vs. 3JPN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | 6.63% | 41.17% | 32.06% | 35.78% | 6.16% |
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 36.71% | 27.74% | 0.10% | 34.83% | -6.43% |
Correlation
The correlation between DBPE.DE and 3JPN.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2022 | 0.55 |
The correlation between DBPE.DE and 3JPN.DE has been stable across timeframes, ranging from 0.55 to 0.58 - 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
DBPE.DE vs. 3JPN.DE — Risk / Return Rank
DBPE.DE
3JPN.DE
DBPE.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.DE). 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.
| DBPE.DE | 3JPN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.23 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 1.98 | -1.61 |
| Martin ratioReturn relative to average drawdown | 1.03 | 5.57 | -4.54 |
Loading charts...
Drawdowns
DBPE.DE vs. 3JPN.DE - Drawdown Comparison
The maximum DBPE.DE drawdown since its inception was -64.87%, which is greater than 3JPN.DE's maximum drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for DBPE.DE and 3JPN.DE.
Loading charts...
Drawdown Indicators
| DBPE.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.87% | -51.65% | -13.22% |
Max Drawdown (1Y)Largest decline over 1 year | -24.16% | -34.71% | +10.55% |
Max Drawdown (3Y)Largest decline over 3 years | -29.95% | -51.65% | +21.70% |
Max Drawdown (5Y)Largest decline over 5 years | -48.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.87% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -11.04% | +10.43% |
Average DrawdownAverage peak-to-trough decline | -16.48% | -14.66% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.68% | 12.31% | -3.63% |
Volatility
DBPE.DE vs. 3JPN.DE - Volatility Comparison
The current volatility for Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE) is 8.63%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 19.49%. This indicates that DBPE.DE experiences smaller price fluctuations and is considered to be less risky than 3JPN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBPE.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 19.49% | -10.86% |
Volatility (6M)Calculated over the trailing 6-month period | 26.57% | 51.50% | -24.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.14% | 62.39% | -30.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.31% | 53.10% | -18.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.19% | 53.10% | -16.91% |
DBPE.DE vs. 3JPN.DE - Expense Ratio Comparison
DBPE.DE has a 0.35% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.
Dividends
DBPE.DE vs. 3JPN.DE - Dividend Comparison
Neither DBPE.DE nor 3JPN.DE has paid dividends to shareholders.
Frequently Asked Questions
DBPE.DE and 3JPN.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBPE.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBPE.DE is cheaper with a 0.35% expense ratio, compared with 0.75% for 3JPN.DE.
DBPE.DE is categorized as Leveraged Equities, while 3JPN.DE is Japan Equities. They also come from different issuers: Xtrackers and Leverage Shares. Their fees differ too: 0.35% for DBPE.DE and 0.75% for 3JPN.DE.
Find the right allocation for DBPE.DE and 3JPN.DE
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