3GOL.L vs. 3QQQ.L
3GOL.L (WisdomTree Gold 3x Daily Leveraged) and 3QQQ.L (Leverage Shares 3x Long US Tech 100 ETP Securities) are both exchange-traded funds - 3GOL.L is a Leveraged Commodities fund tracking the Solactive Gold Commodity Futures SL Index (300%), while 3QQQ.L is a Leveraged Equities fund actively managed by Leverage Shares. 3GOL.L is passively managed, while 3QQQ.L is actively managed. Over the past 3 years, 3GOL.L returned 72.05%/yr vs 56.07%/yr for 3QQQ.L. At a 0.11 correlation, their price movements are largely independent. 3GOL.L charges 0.99%/yr vs 0.01%/yr for 3QQQ.L.
Performance
3GOL.L vs. 3QQQ.L - Performance Comparison
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Returns By Period
In the year-to-date period, 3GOL.L achieves a -10.37% return, which is significantly lower than 3QQQ.L's 55.20% return.
3GOL.L
- 1D
- 1.95%
- 1M
- -8.73%
- YTD
- -10.37%
- 6M
- -6.64%
- 1Y
- 59.63%
- 3Y*
- 72.05%
- 5Y*
- 34.18%
- 10Y*
- 21.65%
3QQQ.L
- 1D
- -1.99%
- 1M
- 26.97%
- YTD
- 55.20%
- 6M
- 49.56%
- 1Y
- 119.94%
- 3Y*
- 56.07%
- 5Y*
- —
- 10Y*
- —
3GOL.L vs. 3QQQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3GOL.L WisdomTree Gold 3x Daily Leveraged | -10.37% | 236.16% | 60.53% | 20.26% | -11.94% |
3QQQ.L Leverage Shares 3x Long US Tech 100 ETP Securities | 55.20% | 13.90% | 60.92% | 187.21% | -56.66% |
Correlation
The correlation between 3GOL.L and 3QQQ.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2022 | 0.11 |
The correlation between 3GOL.L and 3QQQ.L shifts across timeframes, from 0.09 (3 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
3GOL.L vs. 3QQQ.L — Risk / Return Rank
3GOL.L
3QQQ.L
3GOL.L vs. 3QQQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Gold 3x Daily Leveraged (3GOL.L) and Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.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.
| 3GOL.L | 3QQQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.39 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.49 | -1.33 |
| Martin ratioReturn relative to average drawdown | 2.61 | 5.31 | -2.70 |
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
| 3GOL.L | 3QQQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 1.89 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.59 | -0.48 |
Drawdowns
3GOL.L vs. 3QQQ.L - Drawdown Comparison
The maximum 3GOL.L drawdown since its inception was -83.64%, which is greater than 3QQQ.L's maximum drawdown of -58.93%. Use the drawdown chart below to compare losses from any high point for 3GOL.L and 3QQQ.L.
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Drawdown Indicators
| 3GOL.L | 3QQQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.64% | -58.93% | -24.71% |
Max Drawdown (1Y)Largest decline over 1 year | -50.91% | -47.89% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -50.91% | -57.67% | +6.76% |
Max Drawdown (5Y)Largest decline over 5 years | -55.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.92% | — | — |
Current DrawdownCurrent decline from peak | -49.95% | -2.21% | -47.74% |
Average DrawdownAverage peak-to-trough decline | -60.53% | -20.59% | -39.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.77% | 22.48% | +0.29% |
Volatility
3GOL.L vs. 3QQQ.L - Volatility Comparison
WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a higher volatility of 19.22% compared to Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) at 14.43%. This indicates that 3GOL.L's price experiences larger fluctuations and is considered to be riskier than 3QQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3GOL.L | 3QQQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 14.43% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 66.56% | 33.36% | +33.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.17% | 63.01% | +12.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.72% | 63.47% | -10.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.73% | 63.47% | -14.74% |
3GOL.L vs. 3QQQ.L - Expense Ratio Comparison
3GOL.L has a 0.99% expense ratio, which is higher than 3QQQ.L's 0.01% expense ratio.
Dividends
3GOL.L vs. 3QQQ.L - Dividend Comparison
Neither 3GOL.L nor 3QQQ.L has paid dividends to shareholders.
Frequently Asked Questions
3GOL.L and 3QQQ.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 3QQQ.L is cheaper at 0.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.
3QQQ.L is cheaper with a 0.01% expense ratio, compared with 0.99% for 3GOL.L.
3GOL.L is categorized as Leveraged Commodities, while 3QQQ.L is Leveraged Equities. They also come from different issuers: WisdomTree and Leverage Shares. Their fees differ too: 0.99% for 3GOL.L and 0.01% for 3QQQ.L.
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