3GOL.L vs. ECMPA.AS

Last updated Jun 5, 2026

3GOL.L (WisdomTree Gold 3x Daily Leveraged) is Leveraged Commodities fund tracking the Solactive Gold Commodity Futures SL Index (300%), while ECMPA.AS (Eurocommercial Properties N.V.) is a stock. Over the past 10 years, 3GOL.L returned 21.65%/yr vs 2.83%/yr for ECMPA.AS. At a 0.12 correlation, their price movements are largely independent.

Performance

3GOL.L vs. ECMPA.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Gold 3x Daily Leveraged (3GOL.L) and Eurocommercial Properties N.V. (ECMPA.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

3GOL.L is traded in USD, while ECMPA.AS is traded in EUR. To make them comparable, the ECMPA.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3GOL.L achieves a -10.37% return, which is significantly lower than ECMPA.AS's 8.27% return. Over the past 10 years, 3GOL.L has outperformed ECMPA.AS with an annualized return of 21.65%, while ECMPA.AS has yielded a comparatively lower 2.83% annualized 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%

ECMPA.AS

• 1D: -0.21%
• 1M: 0.24%
• YTD: 8.27%
• 6M: 8.79%
• 1Y: 11.90%
• 3Y*: 18.71%
• 5Y*: 10.76%
• 10Y*: 2.83%

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

3GOL.L vs. ECMPA.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3GOL.L WisdomTree Gold 3x Daily Leveraged	-10.37%	236.16%	60.53%	20.26%	-13.87%	-20.96%	51.59%	45.43%	-12.42%	25.08%
ECMPA.AS Eurocommercial Properties N.V.	8.27%	43.18%	1.05%	8.93%	20.90%	24.74%	-33.03%	-1.48%	-24.02%	20.53%

Correlation

The correlation between 3GOL.L and ECMPA.AS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jan 11, 2013	0.12

Over the past year, 3GOL.L and ECMPA.AS have become more correlated (0.32) than their long-term average of 0.12, meaning their price movements have been converging.

Return for Risk

3GOL.L vs. ECMPA.AS — Risk / Return Rank

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

3GOL.L

3GOL.L Risk / Return Rank: 25
3GOL.L Sharpe Ratio Rank: 23
3GOL.L Sortino Ratio Rank: 26
3GOL.L Omega Ratio Rank: 30
3GOL.L Calmar Ratio Rank: 25
3GOL.L Martin Ratio Rank: 22

ECMPA.AS

ECMPA.AS Risk / Return Rank: 56
ECMPA.AS Sharpe Ratio Rank: 60
ECMPA.AS Sortino Ratio Rank: 53
ECMPA.AS Omega Ratio Rank: 51
ECMPA.AS Calmar Ratio Rank: 60
ECMPA.AS Martin Ratio Rank: 57

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.

3GOL.L vs. ECMPA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Gold 3x Daily Leveraged (3GOL.L) and Eurocommercial Properties N.V. (ECMPA.AS). 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	ECMPA.AS	Difference
Sharpe ratio: Return per unit of total volatility	0.79	0.61	+0.18
Sortino ratio: Return per unit of downside risk	1.37	1.00	+0.37
Omega ratio: Gain probability vs. loss probability	1.20	1.12	+0.07
Calmar ratio: Return relative to maximum drawdown	1.17	0.87	+0.30
Martin ratio: Return relative to average drawdown	2.61	1.83	+0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3GOL.L vs. ECMPA.AS - Sharpe Ratio Comparison

The current 3GOL.L Sharpe Ratio is 0.79, which is comparable to the ECMPA.AS Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of 3GOL.L and ECMPA.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	3GOL.L	ECMPA.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.61	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.38	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.08	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.11	0.00

Drawdowns

3GOL.L vs. ECMPA.AS - Drawdown Comparison

The maximum 3GOL.L drawdown since its inception was -83.64%, which is greater than ECMPA.AS's maximum drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for 3GOL.L and ECMPA.AS.

Drawdown Indicators

	3GOL.L	ECMPA.AS	Difference
Max Drawdown Largest peak-to-trough decline	-83.64%	-79.36%	-4.28%
Max Drawdown (1Y) Largest decline over 1 year	-50.91%	-13.54%	-37.37%
Max Drawdown (3Y) Largest decline over 3 years	-50.91%	-21.31%	-29.60%
Max Drawdown (5Y) Largest decline over 5 years	-55.46%	-31.69%	-23.77%
Max Drawdown (10Y) Largest decline over 10 years	-63.92%	-79.36%	+15.44%
Current Drawdown Current decline from peak	-49.95%	-5.18%	-44.77%
Average Drawdown Average peak-to-trough decline	-60.53%	-22.02%	-38.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.77%	6.46%	+16.31%

Volatility

3GOL.L vs. ECMPA.AS - Volatility Comparison

WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a higher volatility of 19.22% compared to Eurocommercial Properties N.V. (ECMPA.AS) at 4.96%. This indicates that 3GOL.L's price experiences larger fluctuations and is considered to be riskier than ECMPA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3GOL.L	ECMPA.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.22%	4.96%	+14.26%
Volatility (6M) Calculated over the trailing 6-month period	66.56%	14.66%	+51.90%
Volatility (1Y) Calculated over the trailing 1-year period	75.17%	19.29%	+55.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.72%	27.55%	+25.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.73%	33.65%	+15.08%

Dividends

3GOL.L vs. ECMPA.AS - Dividend Comparison

3GOL.L has not paid dividends to shareholders, while ECMPA.AS's dividend yield for the trailing twelve months is around 11.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3GOL.L WisdomTree Gold 3x Daily Leveraged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ECMPA.AS Eurocommercial Properties N.V.	11.07%	6.91%	7.66%	7.21%	6.73%	2.62%	0.00%	9.20%	8.41%	6.10%	5.91%	5.25%

Frequently Asked Questions

Can I hold both 3GOL.L and ECMPA.AS in my portfolio?

3GOL.L and ECMPA.AS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.