3GDE.L vs. 5QQE.L
3GDE.L (Leverage Shares 3x Long Gold Miners ETC EUR) and 5QQE.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR) are both exchange-traded funds - 3GDE.L is a Leveraged Equities fund actively managed by Leverage Shares, while 5QQE.L is a Nasdaq-100 fund actively managed by Leverage Shares. Both are actively managed. Over the past year, 3GDE.L returned 29.50% vs 119.44% for 5QQE.L. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3GDE.L vs. 5QQE.L - Performance Comparison
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Returns By Period
In the year-to-date period, 3GDE.L achieves a -61.40% return, which is significantly lower than 5QQE.L's 50.96% return.
3GDE.L
- 1D
- 0.00%
- 1M
- -41.13%
- YTD
- -61.40%
- 6M
- -66.60%
- 1Y
- 29.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5QQE.L
- 1D
- -3.66%
- 1M
- -17.13%
- YTD
- 50.96%
- 6M
- 45.40%
- 1Y
- 119.44%
- 3Y*
- 55.11%
- 5Y*
- —
- 10Y*
- —
3GDE.L vs. 5QQE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
3GDE.L Leverage Shares 3x Long Gold Miners ETC EUR | -61.40% | 690.23% | -18.68% |
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR | 50.96% | -9.77% | 50.00% |
Correlation
The correlation between 3GDE.L and 5QQE.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2024 | 0.24 |
The correlation between 3GDE.L and 5QQE.L shifts across timeframes, from 0.24 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
3GDE.L vs. 5QQE.L — Risk / Return Rank
3GDE.L
5QQE.L
3GDE.L vs. 5QQE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Gold Miners ETC EUR (3GDE.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 3GDE.L | 5QQE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.26 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 2.12 | -1.76 |
| Martin ratioReturn relative to average drawdown | 0.77 | 5.61 | -4.84 |
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Drawdowns
3GDE.L vs. 5QQE.L - Drawdown Comparison
The maximum 3GDE.L drawdown since its inception was -81.14%, smaller than the maximum 5QQE.L drawdown of -96.05%. Use the drawdown chart below to compare losses from any high point for 3GDE.L and 5QQE.L.
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Drawdown Indicators
| 3GDE.L | 5QQE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.14% | -96.05% | +14.91% |
Max Drawdown (1Y)Largest decline over 1 year | -81.14% | -56.00% | -25.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -80.99% | — |
Current DrawdownCurrent decline from peak | -81.14% | -46.75% | -34.39% |
Average DrawdownAverage peak-to-trough decline | -24.78% | -73.12% | +48.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.42% | 21.20% | +17.22% |
Volatility
3GDE.L vs. 5QQE.L - Volatility Comparison
Leverage Shares 3x Long Gold Miners ETC EUR (3GDE.L) has a higher volatility of 55.92% compared to Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) at 33.41%. This indicates that 3GDE.L's price experiences larger fluctuations and is considered to be riskier than 5QQE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3GDE.L | 5QQE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 55.92% | 33.41% | +22.51% |
Volatility (6M)Calculated over the trailing 6-month period | 116.83% | 64.29% | +52.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 140.02% | 82.61% | +57.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.89% | 106.60% | +12.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.89% | 106.60% | +12.29% |
3GDE.L vs. 5QQE.L - Expense Ratio Comparison
Both 3GDE.L and 5QQE.L have an expense ratio of 0.75%.
Dividends
3GDE.L vs. 5QQE.L - Dividend Comparison
Neither 3GDE.L nor 5QQE.L has paid dividends to shareholders.
Frequently Asked Questions
3GDE.L and 5QQE.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
3GDE.L and 5QQE.L have the same expense ratio: 0.75% per year.
3GDE.L is categorized as Leveraged Equities, while 5QQE.L is Nasdaq-100.
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