OAMZ.DE vs. MBZ3.DE

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Amazon (AMZN) Options ETP (OAMZ.DE) and Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities (MBZ3.DE).

OAMZ.DE and MBZ3.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OAMZ.DE is an actively managed fund by Leverage Shares. It was launched on Nov 15, 2024. MBZ3.DE is a passively managed fund by Leverage Shares that tracks the performance of the iSTOXX 3x Leveraged MBG Index. It was launched on Sep 13, 2022.

Performance

OAMZ.DE vs. MBZ3.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in IncomeShares Amazon (AMZN) Options ETP (OAMZ.DE) and Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities (MBZ3.DE). The values are adjusted to include any dividend payments, if applicable.

OAMZ.DE vs. MBZ3.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OAMZ.DE IncomeShares Amazon (AMZN) Options ETP	-18.28%	-6.83%	5.26%
MBZ3.DE Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities	-37.09%	18.19%	1.67%

Returns By Period

In the year-to-date period, OAMZ.DE achieves a -18.28% return, which is significantly higher than MBZ3.DE's -37.09% return.

OAMZ.DE

• 1D: -0.30%
• 1M: 1.09%
• YTD: -18.28%
• 6M: -15.42%
• 1Y: -12.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MBZ3.DE

• 1D: 2.92%
• 1M: -20.59%
• YTD: -37.09%
• 6M: -20.64%
• 1Y: -17.91%
• 3Y*: -36.93%
• 5Y*: —
• 10Y*: —

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

OAMZ.DE vs. MBZ3.DE - Expense Ratio Comparison

OAMZ.DE has a 0.55% expense ratio, which is lower than MBZ3.DE's 0.75% expense ratio.

MBZ3.DE

Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities

OAMZ.DE

IncomeShares Amazon (AMZN) Options ETP

Return for Risk

OAMZ.DE vs. MBZ3.DE — Risk / Return Rank

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

OAMZ.DE

OAMZ.DE Risk / Return Rank: 8
OAMZ.DE Sharpe Ratio Rank: 6
OAMZ.DE Sortino Ratio Rank: 7
OAMZ.DE Omega Ratio Rank: 7
OAMZ.DE Calmar Ratio Rank: 9
OAMZ.DE Martin Ratio Rank: 9

MBZ3.DE

MBZ3.DE Risk / Return Rank: 8
MBZ3.DE Sharpe Ratio Rank: 8
MBZ3.DE Sortino Ratio Rank: 12
MBZ3.DE Omega Ratio Rank: 12
MBZ3.DE Calmar Ratio Rank: 6
MBZ3.DE Martin Ratio Rank: 5

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.

OAMZ.DE vs. MBZ3.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Amazon (AMZN) Options ETP (OAMZ.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.

	OAMZ.DE	MBZ3.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.32	-0.23	-0.09
Sortino ratio Return per unit of downside risk	-0.21	0.18	-0.39
Omega ratio Gain probability vs. loss probability	0.97	1.02	-0.05
Calmar ratio Return relative to maximum drawdown	-0.16	-0.35	+0.19
Martin ratio Return relative to average drawdown	-0.36	-0.89	+0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAMZ.DE vs. MBZ3.DE - Sharpe Ratio Comparison

The current OAMZ.DE Sharpe Ratio is -0.32, which is lower than the MBZ3.DE Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of OAMZ.DE and MBZ3.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

	OAMZ.DE	MBZ3.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.32	-0.23	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	-0.33	-0.09

Correlation

The correlation between OAMZ.DE and MBZ3.DE is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OAMZ.DE vs. MBZ3.DE - Dividend Comparison

OAMZ.DE's dividend yield for the trailing twelve months is around 13.88%, while MBZ3.DE has not paid dividends to shareholders.

	TTM	2025
OAMZ.DE IncomeShares Amazon (AMZN) Options ETP	13.88%	14.46%
MBZ3.DE Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities	0.00%	0.00%

Drawdowns

OAMZ.DE vs. MBZ3.DE - Drawdown Comparison

The maximum OAMZ.DE drawdown since its inception was -32.63%, smaller than the maximum MBZ3.DE drawdown of -86.65%. Use the drawdown chart below to compare losses from any high point for OAMZ.DE and MBZ3.DE.

Drawdown Indicators

	OAMZ.DE	MBZ3.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.63%	-86.65%	+54.02%
Max Drawdown (1Y) Largest decline over 1 year	-32.09%	-48.09%	+16.00%
Current Drawdown Current decline from peak	-30.79%	-82.34%	+51.55%
Average Drawdown Average peak-to-trough decline	-15.45%	-50.66%	+35.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.31%	18.87%	-4.56%

Volatility

OAMZ.DE vs. MBZ3.DE - Volatility Comparison

The current volatility for IncomeShares Amazon (AMZN) Options ETP (OAMZ.DE) is 8.66%, while Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities (MBZ3.DE) has a volatility of 18.87%. This indicates that OAMZ.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.

Volatility by Period

	OAMZ.DE	MBZ3.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.66%	18.87%	-10.21%
Volatility (6M) Calculated over the trailing 6-month period	31.81%	49.36%	-17.55%
Volatility (1Y) Calculated over the trailing 1-year period	38.54%	76.21%	-37.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.85%	73.05%	-37.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.85%	73.05%	-37.20%