3BAL.L vs. 3KOR.L
Compare and contrast key facts about WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L) and Leverage Shares 3x Long South Korea ETP Securities (3KOR.L).
3BAL.L and 3KOR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3BAL.L is a passively managed fund by WisdomTree that tracks the performance of the EURO STOXX Banks Daily Leverage 3 EUR Net Return Index. It was launched on Dec 8, 2014. 3KOR.L is an actively managed fund by Leverage Shares. It was launched on Jun 6, 2022.
Performance
3BAL.L vs. 3KOR.L - Performance Comparison
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3BAL.L vs. 3KOR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3BAL.L WisdomTree EURO STOXX Banks 3x Daily Leveraged | -33.05% | 433.07% | 68.07% | 63.85% | 4.38% |
3KOR.L Leverage Shares 3x Long South Korea ETP Securities | 33.94% | 324.14% | -61.68% | 9.27% | -54.74% |
Different Trading Currencies
3BAL.L is traded in GBp, while 3KOR.L is traded in USD. To make them comparable, the 3KOR.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3BAL.L achieves a -33.05% return, which is significantly lower than 3KOR.L's 33.94% return.
3BAL.L
- 1D
- -0.60%
- 1M
- -34.98%
- YTD
- -33.05%
- 6M
- -5.97%
- 1Y
- 79.73%
- 3Y*
- 109.03%
- 5Y*
- 59.14%
- 10Y*
- —
3KOR.L
- 1D
- -6.55%
- 1M
- -59.30%
- YTD
- 33.94%
- 6M
- 135.06%
- 1Y
- 485.38%
- 3Y*
- 29.88%
- 5Y*
- —
- 10Y*
- —
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3BAL.L vs. 3KOR.L - Expense Ratio Comparison
3BAL.L has a 0.89% expense ratio, which is higher than 3KOR.L's 0.75% expense ratio.
Return for Risk
3BAL.L vs. 3KOR.L — Risk / Return Rank
3BAL.L
3KOR.L
3BAL.L vs. 3KOR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L) and Leverage Shares 3x Long South Korea ETP Securities (3KOR.L). 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.
| 3BAL.L | 3KOR.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 4.74 | -3.81 |
Sortino ratioReturn per unit of downside risk | 1.50 | 3.62 | -2.12 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.51 | -0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 7.50 | -5.74 |
Martin ratioReturn relative to average drawdown | 5.34 | 25.89 | -20.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 3BAL.L | 3KOR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 4.74 | -3.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.03 | +0.01 |
Correlation
The correlation between 3BAL.L and 3KOR.L is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
3BAL.L vs. 3KOR.L - Dividend Comparison
Neither 3BAL.L nor 3KOR.L has paid dividends to shareholders.
Drawdowns
3BAL.L vs. 3KOR.L - Drawdown Comparison
The maximum 3BAL.L drawdown since its inception was -97.78%, which is greater than 3KOR.L's maximum drawdown of -85.83%. Use the drawdown chart below to compare losses from any high point for 3BAL.L and 3KOR.L.
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Drawdown Indicators
| 3BAL.L | 3KOR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.78% | -85.50% | -12.28% |
Max Drawdown (1Y)Largest decline over 1 year | -45.44% | -60.08% | +14.64% |
Max Drawdown (5Y)Largest decline over 5 years | -77.94% | — | — |
Current DrawdownCurrent decline from peak | -44.72% | -60.08% | +15.36% |
Average DrawdownAverage peak-to-trough decline | -67.05% | -54.39% | -12.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.94% | 17.29% | -2.35% |
Volatility
3BAL.L vs. 3KOR.L - Volatility Comparison
The current volatility for WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L) is 29.98%, while Leverage Shares 3x Long South Korea ETP Securities (3KOR.L) has a volatility of 49.02%. This indicates that 3BAL.L experiences smaller price fluctuations and is considered to be less risky than 3KOR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3BAL.L | 3KOR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.98% | 49.02% | -19.04% |
Volatility (6M)Calculated over the trailing 6-month period | 49.34% | 88.25% | -38.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.86% | 101.83% | -26.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.24% | 77.66% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.86% | 77.66% | +5.20% |