3CON.L vs. SOXL.L

Last updated Jun 6, 2026

3CON.L (Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP) and SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) are both Leveraged Equities funds from Leverage Shares - 3CON.L tracks the iSTOXX Leveraged 3x COIN Index while SOXL.L tracks the NYSE Semiconductor Index. Both are passively managed. Both charge a 0.75% expense ratio.

Performance

3CON.L vs. SOXL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.L) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

3CON.L is traded in GBp, while SOXL.L is traded in USD. To make them comparable, the SOXL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

3CON.L

• 1D: -22.83%
• 1M: -57.54%
• YTD: -87.66%
• 6M: -92.40%
• 1Y: -96.32%
• 3Y*: -60.03%
• 5Y*: —
• 10Y*: —

SOXL.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

3CON.L vs. SOXL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

3CON.L

3CON.L Risk / Return Rank: 3
3CON.L Sharpe Ratio Rank: 5
3CON.L Sortino Ratio Rank: 4
3CON.L Omega Ratio Rank: 4
3CON.L Calmar Ratio Rank: 0
3CON.L Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

3CON.L vs. SOXL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.L) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.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.

	3CON.L	SOXL.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.48	—	—
Sortino ratio: Return per unit of downside risk	-0.92	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.97	—	—
Martin ratio: Return relative to average drawdown	-1.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	3CON.L	SOXL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	—	—

Drawdowns

Drawdown Indicators

	3CON.L	SOXL.L	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-99.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-99.83%	—	—
Current Drawdown Current decline from peak	-99.83%	—	—
Average Drawdown Average peak-to-trough decline	-79.89%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	79.86%	—	—

Volatility

Volatility by Period

	3CON.L	SOXL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	58.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	141.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	200.92%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,473,844.36%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,473,844.36%	—	—

3CON.L vs. SOXL.L - Expense Ratio Comparison

Both 3CON.L and SOXL.L have an expense ratio of 0.75%.

Dividends

3CON.L vs. SOXL.L - Dividend Comparison

Neither 3CON.L nor SOXL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, 3CON.L or SOXL.L?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3CON.L or SOXL.L?

3CON.L and SOXL.L have the same expense ratio: 0.75% per year.

What is the main difference between 3CON.L and SOXL.L?

3CON.L tracks iSTOXX Leveraged 3x COIN Index, while SOXL.L tracks NYSE Semiconductor Index.