RKLX vs. 3AMD.L
RKLX (Defiance Daily Target 2X Long RKLB ETF) and 3AMD.L (Leverage Shares 3x AMD ETC GBP) are both Leveraged Equities funds. RKLX is actively managed, while 3AMD.L is passively managed. Over the past year, RKLX returned 25.23% vs 1097.19% for 3AMD.L. At a 0.26 correlation, their price movements are largely independent. RKLX charges 1.29%/yr vs 0.75%/yr for 3AMD.L.
Performance
RKLX vs. 3AMD.L - Performance Comparison
Loading charts...
Different Trading Currencies
RKLX is traded in USD, while 3AMD.L is traded in GBp. To make them comparable, the 3AMD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RKLX achieves a -38.35% return, which is significantly lower than 3AMD.L's 552.12% return.
RKLX
- 1D
- -10.64%
- 1M
- -49.21%
- 6M
- -60.28%
- YTD
- -38.35%
- 1Y
- 25.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3AMD.L
- 1D
- -1.72%
- 1M
- 5.57%
- 6M
- 623.54%
- YTD
- 552.12%
- 1Y
- 1,097.19%
- 3Y*
- 51.66%
- 5Y*
- 1.92%
- 10Y*
- —
RKLX vs. 3AMD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RKLX Defiance Daily Target 2X Long RKLB ETF | -38.35% | 579.88% |
3AMD.L Leverage Shares 3x AMD ETC GBP | 552.12% | 248.26% |
Correlation
The correlation between RKLX and 3AMD.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025 | 0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RKLX vs. 3AMD.L — Risk / Return Rank
RKLX
3AMD.L
RKLX vs. 3AMD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RKLB ETF (RKLX) and Leverage Shares 3x AMD ETC GBP (3AMD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RKLX | 3AMD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.49 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 14.25 | -13.92 |
| Martin ratioReturn relative to average drawdown | 0.61 | 26.18 | -25.57 |
Loading charts...
Drawdowns
RKLX vs. 3AMD.L - Drawdown Comparison
The maximum RKLX drawdown since its inception was -78.43%, smaller than the maximum 3AMD.L drawdown of -99.50%. Use the drawdown chart below to compare losses from any high point for RKLX and 3AMD.L.
Loading charts...
Drawdown Indicators
| RKLX | 3AMD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.43% | -99.50% | +21.07% |
Max Drawdown (1Y)Largest decline over 1 year | -78.43% | -76.19% | -2.24% |
Max Drawdown (3Y)Largest decline over 3 years | — | -97.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.50% | — |
Current DrawdownCurrent decline from peak | -78.43% | -75.17% | -3.26% |
Average DrawdownAverage peak-to-trough decline | -28.61% | -83.47% | +54.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.61% | 41.55% | +0.06% |
Volatility
RKLX vs. 3AMD.L - Volatility Comparison
The current volatility for Defiance Daily Target 2X Long RKLB ETF (RKLX) is 62.36%, while Leverage Shares 3x AMD ETC GBP (3AMD.L) has a volatility of 69.45%. This indicates that RKLX experiences smaller price fluctuations and is considered to be less risky than 3AMD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RKLX | 3AMD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 62.36% | 69.45% | -7.09% |
Volatility (6M)Calculated over the trailing 6-month period | 142.87% | 153.87% | -11.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 189.52% | 201.90% | -12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 184.30% | 163.72% | +20.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 184.30% | 162.38% | +21.92% |
RKLX vs. 3AMD.L - Expense Ratio Comparison
RKLX has a 1.29% expense ratio, which is higher than 3AMD.L's 0.75% expense ratio.
Dividends
RKLX vs. 3AMD.L - Dividend Comparison
RKLX's dividend yield for the trailing twelve months is around 24.24%, while 3AMD.L has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
3AMD.L Leverage Shares 3x AMD ETC GBP | 0.00% | 0.00% |
RKLX Defiance Daily Target 2X Long RKLB ETF | 24.24% | 14.94% |
Frequently Asked Questions
RKLX and 3AMD.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 3AMD.L is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
3AMD.L is cheaper with a 0.75% expense ratio, compared with 1.29% for RKLX.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for RKLX and 0.75% for 3AMD.L.
Find the right allocation for RKLX and 3AMD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer