UIM5.DE vs. 3JPN.DE

Last updated Jun 5, 2026

UIM5.DE (UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis) and 3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) are both exchange-traded funds - UIM5.DE is a Japan Equities fund tracking the MSCI Japan, while 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares. UIM5.DE is passively managed, while 3JPN.DE is actively managed. Over the past 3 years, UIM5.DE returned 15.54%/yr vs 20.30%/yr for 3JPN.DE. Their correlation of 0.91 suggests significant overlap in exposure. UIM5.DE charges 0.12%/yr vs 0.75%/yr for 3JPN.DE.

Performance

UIM5.DE vs. 3JPN.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UIM5.DE achieves a 16.79% return, which is significantly lower than 3JPN.DE's 37.51% return.

UIM5.DE

• 1D: -0.44%
• 1M: 5.95%
• YTD: 16.79%
• 6M: 16.65%
• 1Y: 30.63%
• 3Y*: 15.54%
• 5Y*: 10.07%
• 10Y*: 9.20%

3JPN.DE

• 1D: -0.77%
• 1M: 7.20%
• YTD: 37.51%
• 6M: 34.92%
• 1Y: 72.37%
• 3Y*: 20.30%
• 5Y*: —
• 10Y*: —

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

UIM5.DE vs. 3JPN.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis	16.79%	12.70%	13.66%	16.46%	-1.26%
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	37.51%	27.74%	0.10%	34.83%	0.88%

Correlation

The correlation between UIM5.DE and 3JPN.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022	0.91

The correlation between UIM5.DE and 3JPN.DE has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

Return for Risk

UIM5.DE vs. 3JPN.DE — Risk / Return Rank

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

UIM5.DE

UIM5.DE Risk / Return Rank: 54
UIM5.DE Sharpe Ratio Rank: 48
UIM5.DE Sortino Ratio Rank: 52
UIM5.DE Omega Ratio Rank: 51
UIM5.DE Calmar Ratio Rank: 62
UIM5.DE Martin Ratio Rank: 57

3JPN.DE

3JPN.DE Risk / Return Rank: 36
3JPN.DE Sharpe Ratio Rank: 32
3JPN.DE Sortino Ratio Rank: 37
3JPN.DE Omega Ratio Rank: 36
3JPN.DE Calmar Ratio Rank: 40
3JPN.DE Martin Ratio Rank: 37

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.

UIM5.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.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.

	UIM5.DE	3JPN.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.13	+0.49
Sortino ratio: Return per unit of downside risk	2.46	1.88	+0.58
Omega ratio: Gain probability vs. loss probability	1.31	1.23	+0.08
Calmar ratio: Return relative to maximum drawdown	3.02	1.96	+1.06
Martin ratio: Return relative to average drawdown	9.82	5.61	+4.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UIM5.DE vs. 3JPN.DE - Sharpe Ratio Comparison

The current UIM5.DE Sharpe Ratio is 1.62, which is higher than the 3JPN.DE Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of UIM5.DE and 3JPN.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UIM5.DE	3JPN.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	1.13	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.50	-0.22

Drawdowns

UIM5.DE vs. 3JPN.DE - Drawdown Comparison

The maximum UIM5.DE drawdown since its inception was -54.88%, 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 UIM5.DE and 3JPN.DE.

Drawdown Indicators

	UIM5.DE	3JPN.DE	Difference
Max Drawdown Largest peak-to-trough decline	-54.88%	-51.65%	-3.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	-34.71%	+24.63%
Max Drawdown (3Y) Largest decline over 3 years	-16.88%	-51.65%	+34.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.09%	—	—
Current Drawdown Current decline from peak	-0.44%	-7.07%	+6.63%
Average Drawdown Average peak-to-trough decline	-14.32%	-14.56%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	12.19%	-9.08%

Volatility

UIM5.DE vs. 3JPN.DE - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) is 3.41%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 11.68%. This indicates that UIM5.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

	UIM5.DE	3JPN.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	11.68%	-8.27%
Volatility (6M) Calculated over the trailing 6-month period	15.06%	48.68%	-33.62%
Volatility (1Y) Calculated over the trailing 1-year period	18.82%	60.28%	-41.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	52.77%	-36.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	52.77%	-36.34%

UIM5.DE vs. 3JPN.DE - Expense Ratio Comparison

UIM5.DE has a 0.12% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.

Dividends

UIM5.DE vs. 3JPN.DE - Dividend Comparison

UIM5.DE's dividend yield for the trailing twelve months is around 1.59%, while 3JPN.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis	1.59%	1.71%	1.67%	1.80%	2.11%	1.52%	1.66%	1.65%	1.58%	1.32%	1.54%	1.20%

Frequently Asked Questions

Can I hold both UIM5.DE and 3JPN.DE in my portfolio?

With a correlation of 0.96, UIM5.DE and 3JPN.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, UIM5.DE or 3JPN.DE?

On fees, UIM5.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UIM5.DE or 3JPN.DE?

UIM5.DE is cheaper with a 0.12% expense ratio, compared with 0.75% for 3JPN.DE.

What is the main difference between UIM5.DE and 3JPN.DE?

UIM5.DE is categorized as Japan Equities, while 3JPN.DE is Leveraged Equities. They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 0.12% for UIM5.DE and 0.75% for 3JPN.DE.