3KOR.L vs. 3BAL.L
Compare and contrast key facts about Leverage Shares 3x Long South Korea ETP Securities (3KOR.L) and WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L).
3KOR.L and 3BAL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3KOR.L is an actively managed fund by Leverage Shares. It was launched on Jun 6, 2022. 3BAL.L is a passively managed fund by WisdomTree that tracks the performance of the EURO STOXX Banks Daily Leverage 3 EUR Net Return Index. It was launched on Dec 8, 2014.
Performance
3KOR.L vs. 3BAL.L - Performance Comparison
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3KOR.L vs. 3BAL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
3KOR.L Leverage Shares 3x Long South Korea ETP Securities | 68.14% | 356.68% | -62.34% | 15.02% | -56.31% |
3BAL.L WisdomTree EURO STOXX Banks 3x Daily Leveraged | -31.82% | 473.30% | 65.27% | 72.49% | 0.68% |
Different Trading Currencies
3KOR.L is traded in USD, while 3BAL.L is traded in GBp. To make them comparable, the 3BAL.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3KOR.L achieves a 68.14% return, which is significantly higher than 3BAL.L's -31.82% return.
3KOR.L
- 1D
- 27.92%
- 1M
- -42.74%
- YTD
- 68.14%
- 6M
- 178.62%
- 1Y
- 612.97%
- 3Y*
- 44.30%
- 5Y*
- —
- 10Y*
- —
3BAL.L
- 1D
- 3.91%
- 1M
- -26.02%
- YTD
- -31.82%
- 6M
- -6.35%
- 1Y
- 80.96%
- 3Y*
- 116.51%
- 5Y*
- 58.67%
- 10Y*
- —
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3KOR.L vs. 3BAL.L - Expense Ratio Comparison
3KOR.L has a 0.75% expense ratio, which is lower than 3BAL.L's 0.89% expense ratio.
Return for Risk
3KOR.L vs. 3BAL.L — Risk / Return Rank
3KOR.L
3BAL.L
3KOR.L vs. 3BAL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long South Korea ETP Securities (3KOR.L) and WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.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.
| 3KOR.L | 3BAL.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 5.74 | 1.18 | +4.55 |
Sortino ratioReturn per unit of downside risk | 3.96 | 1.71 | +2.25 |
Omega ratioGain probability vs. loss probability | 1.55 | 1.23 | +0.32 |
Calmar ratioReturn relative to maximum drawdown | 10.40 | 1.73 | +8.68 |
Martin ratioReturn relative to average drawdown | 35.91 | 5.20 | +30.71 |
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
| 3KOR.L | 3BAL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.74 | 1.18 | +4.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.05 | +0.08 |
Correlation
The correlation between 3KOR.L and 3BAL.L is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
3KOR.L vs. 3BAL.L - Dividend Comparison
Neither 3KOR.L nor 3BAL.L has paid dividends to shareholders.
Drawdowns
3KOR.L vs. 3BAL.L - Drawdown Comparison
The maximum 3KOR.L drawdown since its inception was -85.50%, smaller than the maximum 3BAL.L drawdown of -97.97%. Use the drawdown chart below to compare losses from any high point for 3KOR.L and 3BAL.L.
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Drawdown Indicators
| 3KOR.L | 3BAL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.50% | -97.78% | +12.28% |
Max Drawdown (1Y)Largest decline over 1 year | -60.08% | -45.44% | -14.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.94% | — |
Current DrawdownCurrent decline from peak | -48.94% | -42.70% | -6.24% |
Average DrawdownAverage peak-to-trough decline | -54.38% | -67.04% | +12.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.41% | 15.06% | +2.35% |
Volatility
3KOR.L vs. 3BAL.L - Volatility Comparison
Leverage Shares 3x Long South Korea ETP Securities (3KOR.L) has a higher volatility of 47.84% compared to WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L) at 29.40%. This indicates that 3KOR.L's price experiences larger fluctuations and is considered to be riskier than 3BAL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3KOR.L | 3BAL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 47.84% | 29.40% | +18.44% |
Volatility (6M)Calculated over the trailing 6-month period | 91.97% | 50.22% | +41.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.12% | 76.36% | +29.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.64% | 76.53% | +4.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.64% | 84.80% | -4.16% |