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Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) Sharpe Ratio: -0.15

ETF · Currency in EUR · Last updated Jul 21, 2026

The Leverage Shares 3x Long Silver ETP Securities aims to provide three times the daily return of the iShares Silver Trust stock by investing directly in the stock and using margin to leverage its position.

3SLV.DE's Sharpe Ratio of -0.15 indicates that for each unit of volatility, it generates -0.15 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 21, 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.

3SLV.DE Sharpe Ratio Rank

3SLV.DE Sharpe Ratio Rank: 8.69
Concerning

3SLV.DE ranks above 8.6% 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

3SLV.DE Sharpe Ratio Market Positioning

The chart shows 3SLV.DE'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%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.78
  • Green zone (top 25%): 1.78 or higher
  • Top 1%: 6.35+
  • Median: 1.30 — half of all investments score higher

How it compares to other similar ETFs

The table compares Leverage Shares 3x Long Silver ETP Securities's Sharpe Ratio with other ETFs in the Silver, Leveraged Commodities, Precious Metals category across multiple time periods, showing how 3SLV.DE'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 Jul 21, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ESGP.DEGold Miners Screened UCITS ETF1.23
SLVR.DEWisdomTree Silver1.00
CD91.DEAmundi NYSE Arca Gold Bugs UCITS ETF Dist0.97
IS0E.DEiShares Gold Producers UCITS ETF0.95
G2X.DEVanEck Gold Miners UCITS ETF0.94
M9SD.DEMarket Access NYSE Arca Gold Bugs UCITS ETF0.93
ETLX.DEL&G Gold Mining UCITS ETF0.93
4GLD.DEXetra-Gold0.91
G2XJ.DEVanEck Junior Gold Miners UCITS0.86
UBUD.DEUBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist0.83
3SLV.DELeverage Shares 3x Long Silver ETP Securities-0.15

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows 3SLV.DE'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 3SLV.DE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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