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3ARE
-12.13 · -34.70%
£22.83 · LSE
Leverage Shares 3x Long ARK Innovation ETC EUR | Trading - Leveraged/Inverse Equity
Leverage Shares PLC · Ireland
AUM:€1.3M
#– of – in Trading - Leveraged/Inverse Equity ETFs
ℹ️
Reward Rating
58
Good
88.06% 1Y return
ℹ️
Risk Rating
82
High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 88.1% over the past year, reflecting strong price momentum.

Cost Efficiency

💰 Ongoing charge of 0.02% — among the lowest available for this category.

What is 3ARE?

Leverage Shares 3x Long ARK Innovation ETC EUR tracks its benchmark index, providing diversified exposure across 1 holdings. Its ongoing charge is 0.02%.

Performance Highlights

Investment Breakdown

Strong Recent Performance
3ARE delivered 88.1% over the past year. Historical returns only — past performance is not indicative of future results.
Ultra-Low Ongoing Charge
Ongoing charge of 0.02% — among the lowest available. Low costs compound favourably over long holding periods.
Concentrated Holdings
Top 10 holdings account for 300.1% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Good (58)

The scoring profile reflects moderate historical performance, with a 88.1% 1-year return (historical). The ongoing charge of 0.02% is very competitive. Risk indicators are high, reflecting meaningful price sensitivity (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM€1.3M
Ongoing Charge0.02%
Dividend Yield0.00%
Holdings1
Inception DateDec 2021
DomicileIreland
Distribution–
Index–
ProviderLeverage Shares PLC
Beta–
CategoryTrading - Leveraged/Inverse Equity
CurrencyEUR
Portfolio Impact

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6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-17.7%
1Y
+60.1%
3Y
+19.5%
5Y
-98.4%
OpenBook InsightIf you had invested £10,000 in 3ARE 5 years ago, it would have fallen to £157 — a loss of £9,843.

Annual Returns

Calendar year performance

3ARE delivered positive returns in 2 of the last 5 calendar years.
Year3ARE
2026 YTD-9.2%
2025+1.7%
2024-11.8%
2023+185.1%
2022-99.1%
CAGR 4yr-61.1%
2/5 positive yearsAvg return: +13.3%Worst year: -99.1% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
85.9%
Very High
Momentum
+12.1%
30-day change
Support Level
22.10
Key floor
Key Insights
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses 3ARE's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
58
Good REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
46/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
88.06%
Very Good
3Y Return
2.62%
Weak
5Y Return
0.00%
Weak
10Y Return
0.00%
Weak
Sharpe Ratio
—
No Data

Moderate performance profile: 1-year return of 88.06%, 3-year annualised 2.62%, 5-year annualised 0.00%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
95/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.02%
Very Good
Net Expense Ratio
0.00%
Very Good
Annual Turnover
0.00%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.02%, net expense ratio of 0.00%, annual turnover of 0.0%.

💵 Income

Weight: 15%
Not applicable

This is an accumulating ETF. It reinvests distributions inside the fund rather than paying cash to unit-holders, so income metrics don't apply. Reward is scored on the other three factors with the 15% income weight redistributed proportionally.

🌐 Diversification Quality

Weight: 25%
28/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
1
Very Weak
Top 10 Concentration
300.15%
Very Weak
Top Sector
Technology28.0%
Neutral
Top Region
North America91.5%
Very Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 1 holdings, top 10 at 300.1%, Technology sector at 28.0%, North America at 91.5%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses 3ARE using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
82
High RISK
Data Coverage: 75%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
90/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
300.15%
High Risk
Largest Holding
300.15%
High Risk
Number of Holdings
1
High Risk
HHI (weight²)
90,089
High Risk

Holdings-level concentration is high: top 10 holdings at 300.1%, largest single position at 300.15%, 1 total holdings.

🌍 Market Exposure

Weight: 25%
63/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America91.5%
High Risk
Top Sector
Technology28.0%
Moderate
Top 2 Sectors
54.53%
Elevated
Cyclical Sectors
21.34%
Lower Risk

Notable regional or sector dependency: North America at 91.5%, Technology sector at 28.0%, 21.3% in cyclical sectors.

📊 Volatility

Weight: 35%
90/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
114.25%
High Risk
Beta
—
No Data
Max Drawdown
—
No Data

High historical volatility — expect meaningful short-term swings: 1Y volatility of 114.25% (historical).

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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