MSFY.L vs. 3NIE.L

Last updated Jun 6, 2026

MSFY.L (IncomeShares Microsoft (MSFT) Options ETP) and 3NIE.L (Leverage Shares 3x Long NIO ETP Securities) are both exchange-traded funds - MSFY.L is a Derivative Income fund actively managed by Leverage Shares, while 3NIE.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3x NIO Index. MSFY.L is actively managed, while 3NIE.L is passively managed. MSFY.L charges 0.55%/yr vs 0.75%/yr for 3NIE.L.

Performance

MSFY.L vs. 3NIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Microsoft (MSFT) Options ETP (MSFY.L) and Leverage Shares 3x Long NIO ETP Securities (3NIE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSFY.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

3NIE.L

• 1D: -17.01%
• 1M: -30.92%
• YTD: -41.42%
• 6M: -33.98%
• 1Y: -23.89%
• 3Y*: 19.74%
• 5Y*: —
• 10Y*: —

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

Return for Risk

MSFY.L vs. 3NIE.L — Risk / Return Rank

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

3NIE.L

3NIE.L Risk / Return Rank: 13
3NIE.L Sharpe Ratio Rank: 8
3NIE.L Sortino Ratio Rank: 23
3NIE.L Omega Ratio Rank: 21
3NIE.L Calmar Ratio Rank: 7
3NIE.L Martin Ratio Rank: 8

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.

MSFY.L vs. 3NIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Microsoft (MSFT) Options ETP (MSFY.L) and Leverage Shares 3x Long NIO ETP Securities (3NIE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MSFY.L	3NIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.00	—

Drawdowns

Drawdown Indicators

	MSFY.L	3NIE.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-100.00%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-87.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-99.86%	—
Current Drawdown Current decline from peak	—	-99.94%	—
Average Drawdown Average peak-to-trough decline	—	-96.84%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	60.58%	—

Volatility

Volatility by Period

	MSFY.L	3NIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	59.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	120.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	180.08%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29,796.18%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	29,796.18%	—

MSFY.L vs. 3NIE.L - Expense Ratio Comparison

MSFY.L has a 0.55% expense ratio, which is lower than 3NIE.L's 0.75% expense ratio.

Dividends

MSFY.L vs. 3NIE.L - Dividend Comparison

Neither MSFY.L nor 3NIE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, MSFY.L or 3NIE.L?

On fees, MSFY.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFY.L or 3NIE.L?

MSFY.L is cheaper with a 0.55% expense ratio, compared with 0.75% for 3NIE.L.

What is the main difference between MSFY.L and 3NIE.L?

MSFY.L is categorized as Derivative Income, while 3NIE.L is Leveraged Equities. Their fees differ too: 0.55% for MSFY.L and 0.75% for 3NIE.L.