IGOG.DE vs. MBZ3.DE
IGOG.DE (IncomeShares Alphabet (GOOG) Options ETP) and MBZ3.DE (Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities) are both exchange-traded funds - IGOG.DE is a Derivative Income fund actively managed by Leverage Shares, while MBZ3.DE is a Leveraged Equities fund tracking the iSTOXX 3x Leveraged MBG Index. IGOG.DE is actively managed, while MBZ3.DE is passively managed. Over the past year, IGOG.DE returned 71.52% vs -25.61% for MBZ3.DE. At a 0.17 correlation, their price movements are largely independent. IGOG.DE charges 0.55%/yr vs 0.75%/yr for MBZ3.DE.
Performance
IGOG.DE vs. MBZ3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGOG.DE achieves a 9.57% return, which is significantly higher than MBZ3.DE's -42.95% return.
IGOG.DE
- 1D
- 1.94%
- 1M
- -4.41%
- YTD
- 9.57%
- 6M
- 8.69%
- 1Y
- 71.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MBZ3.DE
- 1D
- -4.98%
- 1M
- 3.27%
- YTD
- -42.95%
- 6M
- -44.55%
- 1Y
- -25.61%
- 3Y*
- -43.18%
- 5Y*
- —
- 10Y*
- —
IGOG.DE vs. MBZ3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGOG.DE IncomeShares Alphabet (GOOG) Options ETP | 9.57% | 30.32% | 8.41% |
MBZ3.DE Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities | -42.95% | 18.19% | 1.67% |
Correlation
The correlation between IGOG.DE and MBZ3.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024 | 0.17 |
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
IGOG.DE vs. MBZ3.DE — Risk / Return Rank
IGOG.DE
MBZ3.DE
IGOG.DE vs. MBZ3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Alphabet (GOOG) Options ETP (IGOG.DE) and Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities (MBZ3.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.
| IGOG.DE | MBZ3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.55 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.00 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 5.06 | -0.51 | +5.57 |
| Martin ratioReturn relative to average drawdown | 12.75 | -1.03 | +13.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGOG.DE | MBZ3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | -0.34 | +2.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | -0.34 | +1.35 |
Drawdowns
IGOG.DE vs. MBZ3.DE - Drawdown Comparison
The maximum IGOG.DE drawdown since its inception was -30.55%, smaller than the maximum MBZ3.DE drawdown of -86.65%. Use the drawdown chart below to compare losses from any high point for IGOG.DE and MBZ3.DE.
Loading charts...
Drawdown Indicators
| IGOG.DE | MBZ3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.55% | -86.65% | +56.10% |
Max Drawdown (1Y)Largest decline over 1 year | -14.05% | -50.20% | +36.15% |
Max Drawdown (3Y)Largest decline over 3 years | — | -86.65% | — |
Current DrawdownCurrent decline from peak | -8.21% | -83.98% | +75.77% |
Average DrawdownAverage peak-to-trough decline | -9.40% | -52.10% | +42.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 24.81% | -19.22% |
Volatility
IGOG.DE vs. MBZ3.DE - Volatility Comparison
The current volatility for IncomeShares Alphabet (GOOG) Options ETP (IGOG.DE) is 7.16%, while Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities (MBZ3.DE) has a volatility of 18.17%. This indicates that IGOG.DE experiences smaller price fluctuations and is considered to be less risky than MBZ3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGOG.DE | MBZ3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 18.17% | -11.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 53.31% | -38.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 74.64% | -42.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.37% | 73.70% | -41.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.37% | 73.70% | -41.33% |
IGOG.DE vs. MBZ3.DE - Expense Ratio Comparison
IGOG.DE has a 0.55% expense ratio, which is lower than MBZ3.DE's 0.75% expense ratio.
Dividends
IGOG.DE vs. MBZ3.DE - Dividend Comparison
IGOG.DE's dividend yield for the trailing twelve months is around 22.32%, while MBZ3.DE has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IGOG.DE IncomeShares Alphabet (GOOG) Options ETP | 22.32% | 11.76% |
MBZ3.DE Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities | 0.00% | 0.00% |
Frequently Asked Questions
IGOG.DE and MBZ3.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGOG.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGOG.DE is cheaper with a 0.55% expense ratio, compared with 0.75% for MBZ3.DE.
IGOG.DE is categorized as Derivative Income, while MBZ3.DE is Leveraged Equities. Their fees differ too: 0.55% for IGOG.DE and 0.75% for MBZ3.DE.
Find the right allocation for IGOG.DE and MBZ3.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