# Leverage Shares 3x AMD ETP (3AMD) **Page:** https://fundology.uk/fund/3amd · ISIN XS2337090422 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 3AMD (Leverage Shares 3x AMD ETP, ISIN XS2337090422) closed at £2.57 on the London Stock Exchange. Its ongoing charge is 3.78% a year (about £378 on £10,000). Over the five years to 13/11/2026 its price changed by −87.4%, or −90.2% after UK CPIH inflation. ## Summary Leverage Shares 3x AMD ETP is an exchange-traded product from Leverage Shares, launched in 2021. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 3.78% a year — about £378 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. > **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started. Latest close: **£2.57** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3AMD | | ISIN | XS2337090422 | | Also listed as | 3ADE (London Stock Exchange, euros), AMD3 (London Stock Exchange, US dollars), AMU3 (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | Leverage Shares | | Tracks | iSTOXX Leveraged 3x AMD Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 3.78% a year (£378 per £10,000) | | Fund size | £15.9m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/07/2021 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +97.24% | +90.25% | price only | | 3 years | +129.34% | +107.20% | income reinvested | | 5 years | -87.38% | -90.15% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Leverage Shares 3x AMD ETP in pounds (price, with income reinvested in the fund): 2022 −97.4%, 2023 +448.8%, 2024 −75.8%, 2025 +66.0%; 2026 to 13/11/2026 +149.6%. Returns of Leverage Shares 3x AMD ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +779.6%; to 30/09/2025: −58.7%; to 30/09/2024: +57.1%; to 30/09/2023: +43.2%; to 30/09/2022: −89.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -97.4% | -97.6% | Price | | 2023 | +448.8% | +427.0% | Price | | 2024 | -75.8% | -76.6% | Price | | 2025 | +66.0% | +60.3% | Price | | 2026 to 13/11/2026 | +149.6% | +141.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 200.97% | -75.58% | | 3 years | 170.01% | -97.82% | | 5 years | 165.18% | -99.44% | ## Largest fall Volatility of Leverage Shares 3x AMD ETP in pounds, annualised from weekly returns to 13/11/2026: 201.0% over 1 year, 170.0% over 3 years, 165.2% over 5 years. Largest fall in the price of Leverage Shares 3x AMD ETP since November 2021, in pounds: −99.4% from 19/11/2021 to 18/04/2025. The lowest 12-month return of Leverage Shares 3x AMD ETP in pounds (price, with income reinvested in the fund) since May 2021 was −97.4% (12 months to 30/12/2022); the highest was +2427.1% (12 months to 29/05/2026). On 13/11/2026 the price of Leverage Shares 3x AMD ETP was 89.0% below its highest weekly close since November 2021 (19/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Leverage Shares 3x AMD ETP 3.78% a year. Compared on 14/11/2026, 36 of the 210 other leveraged and inverse products charge more, 22 the same and 152 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **3.78%** per year (as of 14/10/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of 3AMD?** The ongoing charge of 3AMD is 3.78% a year — about £378 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Leverage Shares 3x AMD ETP 3.78% a year. Compared on 14/11/2026, 36 of the 210 other leveraged and inverse products charge more, 22 the same and 152 less (share classes counted once). **What does 3AMD track?** 3AMD tracks the iSTOXX Leveraged 3x AMD Index. **Is 3AMD accumulating or distributing?** 3AMD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of 3AMD?** The ISIN of 3AMD is XS2337090422. An ISIN identifies one exact share class of a fund; 3AMD is its ticker on the London Stock Exchange. The same share class is also listed as 3ADE (London Stock Exchange, euros), AMD3 (London Stock Exchange, US dollars) and AMU3 (Xetra, euros). **What were 3AMD’s returns in each of the last five years?** Calendar-year returns of 3AMD in pounds (price, with income reinvested in the fund): 2022 −97.4%, 2023 +448.8%, 2024 −75.8%, 2025 +66.0%; 2026 to 13/11/2026 +149.6%. Past performance is not a guide to future returns. **How has 3AMD done after inflation?** Over the five years to 13/11/2026 3AMD’s price changed by −87.4%, or −90.2% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.