3GOL.L vs. FEPG.L

Last updated Jul 21, 2026

3GOL.L (WisdomTree Gold 3x Daily Leveraged) and FEPG.L (REX Tech Innovation Premium Income UCITS ETF) are both exchange-traded funds - 3GOL.L is a Leveraged Commodities fund tracking the Solactive Gold Commodity Futures SL Index (300%), while FEPG.L is a Derivative Income fund actively managed by HANetf. 3GOL.L is passively managed, while FEPG.L is actively managed. At a 0.11 correlation, their price movements are largely independent. 3GOL.L charges 0.99%/yr vs 0.65%/yr for FEPG.L.

Performance

3GOL.L vs. FEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Gold 3x Daily Leveraged (3GOL.L) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 3GOL.L achieves a -38.07% return, which is significantly lower than FEPG.L's -3.44% return.

3GOL.L

• 1D: -0.05%
• 1M: -11.73%
• 6M: -50.85%
• YTD: -38.07%
• 1Y: 14.84%
• 3Y*: 53.07%
• 5Y*: 27.61%
• 10Y*: 15.37%
• ALL TIME*: 2.27%

FEPG.L

• 1D: 0.00%
• 1M: -5.73%
• 6M: 0.07%
• YTD: -3.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

3GOL.L vs. FEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025
3GOL.L WisdomTree Gold 3x Daily Leveraged	-38.07%	90.34%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	-3.44%	8.72%

Correlation

The correlation between 3GOL.L and FEPG.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.11

Return for Risk

3GOL.L vs. FEPG.L — 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: 16
3GOL.L Sharpe Ratio Rank: 14
3GOL.L Sortino Ratio Rank: 19
3GOL.L Omega Ratio Rank: 20
3GOL.L Calmar Ratio Rank: 13
3GOL.L Martin Ratio Rank: 13

FEPG.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. FEPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Gold 3x Daily Leveraged (3GOL.L) and REX Tech Innovation Premium Income UCITS ETF (FEPG.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.

	3GOL.L	FEPG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.19	—	—
Sortino ratio: Return per unit of downside risk	0.79	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.23	—	—
Martin ratio: Return relative to average drawdown	0.47	—	—

Drawdowns

3GOL.L vs. FEPG.L - Drawdown Comparison

The maximum 3GOL.L drawdown since its inception was -83.81%, which is greater than FEPG.L's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for 3GOL.L and FEPG.L.

Drawdown Indicators

	3GOL.L	FEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-83.81%	-35.75%	-48.06%
Max Drawdown (1Y) Largest decline over 1 year	-65.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-65.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-65.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.42%	—	—
Current Drawdown Current decline from peak	-65.42%	-28.16%	-37.26%
Average Drawdown Average peak-to-trough decline	-60.95%	-20.83%	-40.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.42%	—	—

Volatility

Volatility by Period

	3GOL.L	FEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	69.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	79.29%	45.69%	+33.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.66%	45.69%	+7.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.05%	45.69%	+2.36%

3GOL.L vs. FEPG.L - Expense Ratio Comparison

3GOL.L has a 0.99% expense ratio, which is higher than FEPG.L's 0.65% expense ratio.

Dividends

3GOL.L vs. FEPG.L - Dividend Comparison

3GOL.L has not paid dividends to shareholders, while FEPG.L's dividend yield for the trailing twelve months is around 27.80%.

Position	TTM	2025
3GOL.L WisdomTree Gold 3x Daily Leveraged	0.00%	0.00%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	27.80%	11.50%

Frequently Asked Questions

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

3GOL.L and FEPG.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3GOL.L or FEPG.L?

On fees, FEPG.L is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3GOL.L or FEPG.L?

FEPG.L is cheaper with a 0.65% expense ratio, compared with 0.99% for 3GOL.L.

What is the main difference between 3GOL.L and FEPG.L?

3GOL.L is categorized as Leveraged Commodities, while FEPG.L is Derivative Income. They also come from different issuers: WisdomTree and HANetf. Their fees differ too: 0.99% for 3GOL.L and 0.65% for FEPG.L.