JD3.L vs. 5QQQ.L

Last updated Jun 5, 2026

JD3.L (Leverage Shares 3x JD.Com ETP Securities) and 5QQQ.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities) are both exchange-traded funds - JD3.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3x JD Index, while 5QQQ.L is a Nasdaq-100 fund actively managed by Leverage Shares. JD3.L is passively managed, while 5QQQ.L is actively managed. Over the past 3 years, JD3.L returned -57.63%/yr vs 74.24%/yr for 5QQQ.L. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

JD3.L vs. 5QQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 3x JD.Com ETP Securities (JD3.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JD3.L is traded in USD, while 5QQQ.L is traded in GBp. To make them comparable, the 5QQQ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JD3.L achieves a -3.88% return, which is significantly lower than 5QQQ.L's 91.61% return.

JD3.L

• 1D: -1.16%
• 1M: -10.54%
• YTD: -3.88%
• 6M: -16.34%
• 1Y: -53.45%
• 3Y*: -57.63%
• 5Y*: —
• 10Y*: —

5QQQ.L

• 1D: -3.32%
• 1M: 44.78%
• YTD: 91.61%
• 6M: 81.12%
• 1Y: 210.54%
• 3Y*: 74.24%
• 5Y*: —
• 10Y*: —

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

JD3.L vs. 5QQQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JD3.L Leverage Shares 3x JD.Com ETP Securities	-3.88%	-69.43%	-28.21%	-93.99%	-90.04%	-31.27%
5QQQ.L Leverage Shares 5x Long Nasdaq 100 ETP Securities	91.61%	2.40%	73.88%	427.83%	-96.06%	17.73%

Correlation

The correlation between JD3.L and 5QQQ.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021	0.33

JD3.L vs. 5QQQ.L - Sectors Allocation Comparison

Sectors	JD3.L	5QQQ.L
Consumer Cyclical	100.0%	12.2%
Basic Materials	-	1.2%
Communication Services	-	15.5%
Consumer Defensive	-	7.6%
Energy	-	0.6%
Financial Services	-	0.2%
Healthcare	-	4.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Technology	-	54.2%
Utilities	-	1.4%

Return for Risk

JD3.L vs. 5QQQ.L — Risk / Return Rank

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

JD3.L

JD3.L Risk / Return Rank: 4
JD3.L Sharpe Ratio Rank: 5
JD3.L Sortino Ratio Rank: 5
JD3.L Omega Ratio Rank: 5
JD3.L Calmar Ratio Rank: 3
JD3.L Martin Ratio Rank: 3

5QQQ.L

5QQQ.L Risk / Return Rank: 63
5QQQ.L Sharpe Ratio Rank: 74
5QQQ.L Sortino Ratio Rank: 63
5QQQ.L Omega Ratio Rank: 60
5QQQ.L Calmar Ratio Rank: 69
5QQQ.L Martin Ratio Rank: 47

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.

JD3.L vs. 5QQQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x JD.Com ETP Securities (JD3.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.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.

	JD3.L	5QQQ.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	2.32	-2.86
Sortino ratio: Return per unit of downside risk	-0.48	2.87	-3.34
Omega ratio: Gain probability vs. loss probability	0.95	1.36	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.74	3.33	-4.07
Martin ratio: Return relative to average drawdown	-1.25	7.73	-8.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JD3.L vs. 5QQQ.L - Sharpe Ratio Comparison

The current JD3.L Sharpe Ratio is -0.54, which is lower than the 5QQQ.L Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of JD3.L and 5QQQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JD3.L	5QQQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.54	2.32	-2.86
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	-0.04	-0.43

Drawdowns

JD3.L vs. 5QQQ.L - Drawdown Comparison

The maximum JD3.L drawdown since its inception was -99.97%, roughly equal to the maximum 5QQQ.L drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for JD3.L and 5QQQ.L.

Drawdown Indicators

	JD3.L	5QQQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-96.41%	-3.56%
Max Drawdown (1Y) Largest decline over 1 year	-72.04%	-62.83%	-9.21%
Max Drawdown (3Y) Largest decline over 3 years	-96.55%	-80.22%	-16.33%
Current Drawdown Current decline from peak	-99.95%	-31.90%	-68.05%
Average Drawdown Average peak-to-trough decline	-88.83%	-75.59%	-13.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.90%	27.12%	+15.78%

Volatility

JD3.L vs. 5QQQ.L - Volatility Comparison

Leverage Shares 3x JD.Com ETP Securities (JD3.L) has a higher volatility of 43.93% compared to Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L) at 23.97%. This indicates that JD3.L's price experiences larger fluctuations and is considered to be riskier than 5QQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JD3.L	5QQQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.93%	23.97%	+19.96%
Volatility (6M) Calculated over the trailing 6-month period	71.96%	58.10%	+13.86%
Volatility (1Y) Calculated over the trailing 1-year period	99.26%	90.01%	+9.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	162.88%	107.69%	+55.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	162.88%	107.69%	+55.19%

JD3.L vs. 5QQQ.L - Expense Ratio Comparison

Both JD3.L and 5QQQ.L have an expense ratio of 0.75%.

Dividends

JD3.L vs. 5QQQ.L - Dividend Comparison

Neither JD3.L nor 5QQQ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JD3.L and 5QQQ.L in my portfolio?

JD3.L and 5QQQ.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JD3.L or 5QQQ.L?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JD3.L or 5QQQ.L?

JD3.L and 5QQQ.L have the same expense ratio: 0.75% per year.

What is the main difference between JD3.L and 5QQQ.L?

JD3.L is categorized as Leveraged Equities, while 5QQQ.L is Nasdaq-100.