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WisdomTree Silver 3x Daily Leveraged (3SIL.L) Sharpe Ratio: -0.01

ETF · Currency in USD · Last updated Jun 27, 2026

WisdomTree Silver 3x Daily Leveraged is a fully collateralised, UCITS-eligible ETC that provides 3x daily leveraged exposure to silver, aiming to deliver three times the daily performance of silver futures.

3SIL.L's Sharpe Ratio of -0.01 indicates that for each unit of volatility, it generates -0.01 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 27, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

3SIL.L Sharpe Ratio Rank

3SIL.L Sharpe Ratio Rank: 9.19
Concerning

3SIL.L ranks above 9.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

3SIL.L Sharpe Ratio Market Positioning

The chart shows 3SIL.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.05
  • Green zone (top 25%): 2.05 or higher
  • Top 1%: 6.69+
  • Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares WisdomTree Silver 3x Daily Leveraged's Sharpe Ratio with other ETFs in the Silver, Leveraged Commodities, Precious Metals category across multiple time periods, showing how 3SIL.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 27, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SILG.LGlobal X Silver Miners UCITS ETF USD Accumulating1.39
GOLB.LMarket Access NYSE Arca Gold Bugs UCITS ETF1.33
SPGP.LiShares Gold Producers UCITS ETF1.29
AUCP.LL&G Gold Mining UCITS ETF1.27
GDGB.LVanEck Gold Miners UCITS ETF1.26
GJGB.LVanEck Junior Gold Miners UCITS ETF1.24
SSLN.LiShares Physical Silver ETC1.20
PHSP.LWisdomTree Physical Silver1.20
SGLP.LInvesco Physical Gold A1.15
GLDW.LWisdomTree Core Physical Gold1.15
3SIL.LWisdomTree Silver 3x Daily Leveraged-0.01

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows 3SIL.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when 3SIL.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does 3SIL.L fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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