3GOL.L vs. REGB.L
3GOL.L (WisdomTree Gold 3x Daily Leveraged) and REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - 3GOL.L is a Leveraged Commodities fund tracking the Solactive Gold Commodity Futures SL Index (300%), while REGB.L is a Precious Metals fund tracking the EMIX Global Mining Global Gold TR USD. Both are passively managed. Over the past 3 years, 3GOL.L returned 72.05%/yr vs 5.86%/yr for REGB.L. At a 0.29 correlation, their price movements are largely independent. 3GOL.L charges 0.99%/yr vs 0.59%/yr for REGB.L.
Performance
3GOL.L vs. REGB.L - Performance Comparison
Loading charts...
Different Trading Currencies
3GOL.L is traded in USD, while REGB.L is traded in GBP. To make them comparable, the REGB.L 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 REGB.L's 30.97% 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%
REGB.L
- 1D
- -1.81%
- 1M
- -7.04%
- YTD
- 30.97%
- 6M
- 39.99%
- 1Y
- 159.95%
- 3Y*
- 5.86%
- 5Y*
- —
- 10Y*
- —
3GOL.L vs. REGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3GOL.L WisdomTree Gold 3x Daily Leveraged | -10.37% | 236.16% | 60.53% | 20.26% | -13.87% | 13.52% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.97% | 88.93% | -35.64% | -18.71% | -31.13% | 15.47% |
Correlation
The correlation between 3GOL.L and REGB.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.29 |
The correlation between 3GOL.L and REGB.L shifts across timeframes, from 0.29 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
3GOL.L vs. REGB.L — Risk / Return Rank
3GOL.L
REGB.L
3GOL.L vs. REGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Gold 3x Daily Leveraged (3GOL.L) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.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 | REGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.45 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 7.46 | -6.29 |
| Martin ratioReturn relative to average drawdown | 2.61 | 19.48 | -16.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 3GOL.L | REGB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 3.47 | -2.68 |
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 | 0.01 | +0.09 |
Drawdowns
3GOL.L vs. REGB.L - Drawdown Comparison
The maximum 3GOL.L drawdown since its inception was -83.64%, which is greater than REGB.L's maximum drawdown of -73.04%. Use the drawdown chart below to compare losses from any high point for 3GOL.L and REGB.L.
Loading charts...
Drawdown Indicators
| 3GOL.L | REGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.64% | -73.04% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -50.91% | -21.32% | -29.59% |
Max Drawdown (3Y)Largest decline over 3 years | -50.91% | -61.39% | +10.48% |
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% | -21.49% | -28.46% |
Average DrawdownAverage peak-to-trough decline | -60.53% | -41.80% | -18.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.77% | 8.18% | +14.59% |
Volatility
3GOL.L vs. REGB.L - Volatility Comparison
WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a higher volatility of 19.22% compared to VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) at 13.96%. This indicates that 3GOL.L's price experiences larger fluctuations and is considered to be riskier than REGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3GOL.L | REGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 13.96% | +5.26% |
Volatility (6M)Calculated over the trailing 6-month period | 66.56% | 32.68% | +33.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.17% | 45.93% | +29.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.72% | 46.56% | +6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.73% | 46.56% | +2.17% |
3GOL.L vs. REGB.L - Expense Ratio Comparison
3GOL.L has a 0.99% expense ratio, which is higher than REGB.L's 0.59% expense ratio.
Dividends
3GOL.L vs. REGB.L - Dividend Comparison
Neither 3GOL.L nor REGB.L has paid dividends to shareholders.
Frequently Asked Questions
3GOL.L and REGB.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, REGB.L is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
REGB.L is cheaper with a 0.59% expense ratio, compared with 0.99% for 3GOL.L.
3GOL.L is categorized as Leveraged Commodities, while REGB.L is Precious Metals. 3GOL.L tracks Solactive Gold Commodity Futures SL Index (300%), while REGB.L tracks EMIX Global Mining Global Gold TR USD. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.99% for 3GOL.L and 0.59% for REGB.L.
Find the right allocation for 3GOL.L and REGB.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer