MAG7.L vs. 3ARE.L
MAG7.L (Leverage Shares 5x Long Magnificent 7 ETP Securities) and 3ARE.L (Leverage Shares 3x Long ARK Innovation ETC EUR) are both Leveraged Equities funds from Leverage Shares. MAG7.L is passively managed, while 3ARE.L is actively managed. Over the past year, MAG7.L returned 126.01% vs 54.04% for 3ARE.L. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
MAG7.L vs. 3ARE.L - Performance Comparison
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Different Trading Currencies
MAG7.L is traded in USD, while 3ARE.L is traded in EUR. To make them comparable, the 3ARE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAG7.L achieves a -0.37% return, which is significantly higher than 3ARE.L's -11.78% return.
MAG7.L
- 1D
- 5.22%
- 1M
- 13.25%
- YTD
- -0.37%
- 6M
- -1.40%
- 1Y
- 126.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3ARE.L
- 1D
- 10.82%
- 1M
- 10.77%
- YTD
- -11.78%
- 6M
- -26.04%
- 1Y
- 54.04%
- 3Y*
- 3.30%
- 5Y*
- —
- 10Y*
- —
MAG7.L vs. 3ARE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | -0.37% | -28.43% | 150.95% |
3ARE.L Leverage Shares 3x Long ARK Innovation ETC EUR | -11.78% | 10.91% | -0.33% |
Correlation
The correlation between MAG7.L and 3ARE.L is 0.64, 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 | 0.64 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.71 |
The correlation between MAG7.L and 3ARE.L has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.
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Return for Risk
MAG7.L vs. 3ARE.L — Risk / Return Rank
MAG7.L
3ARE.L
MAG7.L vs. 3ARE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and Leverage Shares 3x Long ARK Innovation ETC EUR (3ARE.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.
| MAG7.L | 3ARE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.16 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 0.73 | +1.02 |
| Martin ratioReturn relative to average drawdown | 4.33 | 1.29 | +3.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MAG7.L | 3ARE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.54 | +0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.46 | +0.70 |
Drawdowns
MAG7.L vs. 3ARE.L - Drawdown Comparison
The maximum MAG7.L drawdown since its inception was -91.14%, smaller than the maximum 3ARE.L drawdown of -99.63%. Use the drawdown chart below to compare losses from any high point for MAG7.L and 3ARE.L.
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Drawdown Indicators
| MAG7.L | 3ARE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.14% | -99.63% | +8.49% |
Max Drawdown (1Y)Largest decline over 1 year | -71.56% | -73.86% | +2.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.96% | — |
Current DrawdownCurrent decline from peak | -45.38% | -98.65% | +53.27% |
Average DrawdownAverage peak-to-trough decline | -47.28% | -95.72% | +48.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 41.77% | -12.80% |
Volatility
MAG7.L vs. 3ARE.L - Volatility Comparison
Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and Leverage Shares 3x Long ARK Innovation ETC EUR (3ARE.L) have volatilities of 27.50% and 28.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAG7.L | 3ARE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.50% | 28.14% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 71.68% | 68.92% | +2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.62% | 100.13% | -2.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 124.75% | 133.09% | -8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 124.75% | 133.09% | -8.34% |
MAG7.L vs. 3ARE.L - Expense Ratio Comparison
Both MAG7.L and 3ARE.L have an expense ratio of 0.75%.
Dividends
MAG7.L vs. 3ARE.L - Dividend Comparison
Neither MAG7.L nor 3ARE.L has paid dividends to shareholders.
Frequently Asked Questions
MAG7.L and 3ARE.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MAG7.L and 3ARE.L have the same expense ratio: 0.75% per year.
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