LYY8.DE vs. 3JPN.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.DE).

LYY8.DE and 3JPN.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LYY8.DE is a passively managed fund by Amundi that tracks the performance of the LevDAX Index. It was launched on Jun 1, 2006. 3JPN.DE is an actively managed fund by Leverage Shares. It was launched on Sep 13, 2022.

Performance

LYY8.DE vs. 3JPN.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.DE). The values are adjusted to include any dividend payments, if applicable.

LYY8.DE vs. 3JPN.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc	-11.21%	41.05%	32.07%	35.76%	9.71%
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	15.45%	27.74%	0.10%	34.83%	0.88%

Returns By Period

In the year-to-date period, LYY8.DE achieves a -11.21% return, which is significantly lower than 3JPN.DE's 15.45% return.

LYY8.DE

• 1D: 5.56%
• 1M: -11.15%
• YTD: -11.21%
• 6M: -9.30%
• 1Y: -0.15%
• 3Y*: 21.82%
• 5Y*: 11.87%
• 10Y*: 12.26%

3JPN.DE

• 1D: 16.25%
• 1M: -11.77%
• YTD: 15.45%
• 6M: 22.07%
• 1Y: 57.13%
• 3Y*: 19.71%
• 5Y*: —
• 10Y*: —

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

LYY8.DE vs. 3JPN.DE - Expense Ratio Comparison

LYY8.DE has a 0.35% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.

3JPN.DE

Leverage Shares 3x Long Japan ETP Securities

LYY8.DE

Amundi LevDax Daily (2x) leveraged UCITS ETF Acc

Return for Risk

LYY8.DE vs. 3JPN.DE — Risk / Return Rank

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

LYY8.DE

LYY8.DE Risk / Return Rank: 12
LYY8.DE Sharpe Ratio Rank: 11
LYY8.DE Sortino Ratio Rank: 13
LYY8.DE Omega Ratio Rank: 13
LYY8.DE Calmar Ratio Rank: 12
LYY8.DE Martin Ratio Rank: 12

3JPN.DE

3JPN.DE Risk / Return Rank: 53
3JPN.DE Sharpe Ratio Rank: 46
3JPN.DE Sortino Ratio Rank: 56
3JPN.DE Omega Ratio Rank: 51
3JPN.DE Calmar Ratio Rank: 60
3JPN.DE Martin Ratio Rank: 52

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.

LYY8.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.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.

	LYY8.DE	3JPN.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.00	0.90	-0.91
Sortino ratio Return per unit of downside risk	0.23	1.55	-1.31
Omega ratio Gain probability vs. loss probability	1.03	1.21	-0.18
Calmar ratio Return relative to maximum drawdown	0.04	1.73	-1.69
Martin ratio Return relative to average drawdown	0.14	5.83	-5.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYY8.DE vs. 3JPN.DE - Sharpe Ratio Comparison

The current LYY8.DE Sharpe Ratio is -0.00, which is lower than the 3JPN.DE Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of LYY8.DE and 3JPN.DE, 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

	LYY8.DE	3JPN.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	0.90	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.41	-0.22

Correlation

The correlation between LYY8.DE and 3JPN.DE is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LYY8.DE vs. 3JPN.DE - Dividend Comparison

Neither LYY8.DE nor 3JPN.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

LYY8.DE vs. 3JPN.DE - Drawdown Comparison

The maximum LYY8.DE drawdown since its inception was -84.92%, 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 LYY8.DE and 3JPN.DE.

Drawdown Indicators

	LYY8.DE	3JPN.DE	Difference
Max Drawdown Largest peak-to-trough decline	-84.92%	-51.65%	-33.27%
Max Drawdown (1Y) Largest decline over 1 year	-24.12%	-34.71%	+10.59%
Max Drawdown (5Y) Largest decline over 5 years	-48.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.35%	—	—
Current Drawdown Current decline from peak	-17.30%	-21.98%	+4.68%
Average Drawdown Average peak-to-trough decline	-28.77%	-14.47%	-14.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.55%	10.32%	-2.77%

Volatility

LYY8.DE vs. 3JPN.DE - Volatility Comparison

The current volatility for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) is 13.77%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 28.82%. This indicates that LYY8.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.

Volatility by Period

	LYY8.DE	3JPN.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.77%	28.82%	-15.05%
Volatility (6M) Calculated over the trailing 6-month period	22.67%	46.72%	-24.05%
Volatility (1Y) Calculated over the trailing 1-year period	35.22%	62.92%	-27.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.80%	52.07%	-18.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.48%	52.07%	-15.59%