3GLE.L vs. EDPFY
3GLE.L (Leverage Shares 3x Long Gold ETP Securities) is Leveraged Commodities fund actively managed by Leverage Shares, while EDPFY (EDP Energias de Portugal SA ADR) is a stock. Over the past 3 years, 3GLE.L returned 52.20%/yr vs 6.26%/yr for EDPFY. At a 0.20 correlation, their price movements are largely independent.
Performance
3GLE.L vs. EDPFY - Performance Comparison
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Returns By Period
In the year-to-date period, 3GLE.L achieves a -34.51% return, which is significantly lower than EDPFY's 15.49% return.
3GLE.L
- 1D
- 0.67%
- 1M
- -25.81%
- YTD
- -34.51%
- 6M
- -42.58%
- 1Y
- 20.82%
- 3Y*
- 52.20%
- 5Y*
- —
- 10Y*
- —
EDPFY
- 1D
- -1.13%
- 1M
- -1.97%
- YTD
- 15.49%
- 6M
- 15.26%
- 1Y
- 22.51%
- 3Y*
- 6.26%
- 5Y*
- 3.52%
- 10Y*
- 11.25%
3GLE.L vs. EDPFY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3GLE.L Leverage Shares 3x Long Gold ETP Securities | -34.51% | 188.93% | 67.78% | 16.46% | -18.36% |
EDPFY EDP Energias de Portugal SA ADR | 15.49% | 51.44% | -32.70% | 5.27% | -0.52% |
Correlation
The correlation between 3GLE.L and EDPFY is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2022 | 0.20 |
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Return for Risk
3GLE.L vs. EDPFY — Risk / Return Rank
3GLE.L
EDPFY
3GLE.L vs. EDPFY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Gold ETP Securities (3GLE.L) and EDP Energias de Portugal SA ADR (EDPFY). 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.
| 3GLE.L | EDPFY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 1.39 | -1.08 |
| Martin ratioReturn relative to average drawdown | 0.76 | 3.45 | -2.69 |
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Drawdowns
3GLE.L vs. EDPFY - Drawdown Comparison
The maximum 3GLE.L drawdown since its inception was -63.42%, smaller than the maximum EDPFY drawdown of -67.95%. Use the drawdown chart below to compare losses from any high point for 3GLE.L and EDPFY.
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Drawdown Indicators
| 3GLE.L | EDPFY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.42% | -67.95% | +4.53% |
Max Drawdown (1Y)Largest decline over 1 year | -63.42% | -16.26% | -47.16% |
Max Drawdown (3Y)Largest decline over 3 years | -63.42% | -37.08% | -26.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.34% | — |
Current DrawdownCurrent decline from peak | -63.18% | -4.90% | -58.28% |
Average DrawdownAverage peak-to-trough decline | -14.77% | -28.28% | +13.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.23% | 6.54% | +19.69% |
Volatility
3GLE.L vs. EDPFY - Volatility Comparison
Leverage Shares 3x Long Gold ETP Securities (3GLE.L) has a higher volatility of 26.33% compared to EDP Energias de Portugal SA ADR (EDPFY) at 6.13%. This indicates that 3GLE.L's price experiences larger fluctuations and is considered to be riskier than EDPFY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3GLE.L | EDPFY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.33% | 6.13% | +20.20% |
Volatility (6M)Calculated over the trailing 6-month period | 70.08% | 18.10% | +51.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.36% | 23.35% | +57.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.71% | 26.55% | +28.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.71% | 27.49% | +27.22% |
Dividends
3GLE.L vs. EDPFY - Dividend Comparison
3GLE.L has not paid dividends to shareholders, while EDPFY's dividend yield for the trailing twelve months is around 4.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3GLE.L Leverage Shares 3x Long Gold ETP Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EDPFY EDP Energias de Portugal SA ADR | 4.74% | 4.95% | 6.52% | 4.16% | 4.01% | 4.15% | 4.87% | 4.91% | 6.74% | 6.11% | 10.79% | 5.70% |
Frequently Asked Questions
3GLE.L and EDPFY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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