3NVD.L vs. BTC-USD
3NVD.L (Leverage Shares 3x NVIDIA ETP Securities GBP) is Leveraged Equities fund tracking the iSTOXX Leveraged 3X NVDA Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, 3NVD.L returned 61.74%/yr vs 14.83%/yr for BTC-USD. At a 0.14 correlation, their price movements are largely independent.
Performance
3NVD.L vs. BTC-USD - Performance Comparison
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Different Trading Currencies
3NVD.L is traded in GBp, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3NVD.L achieves a -15.31% return, which is significantly higher than BTC-USD's -30.02% return.
3NVD.L
- 1D
- -1.88%
- 1M
- -24.72%
- YTD
- -15.31%
- 6M
- -15.83%
- 1Y
- 19.99%
- 3Y*
- 103.88%
- 5Y*
- 61.74%
- 10Y*
- —
BTC-USD
- 1D
- 0.44%
- 1M
- -17.89%
- YTD
- -30.02%
- 6M
- -29.73%
- 1Y
- -41.71%
- 3Y*
- 23.58%
- 5Y*
- 14.83%
- 10Y*
- 57.43%
3NVD.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
3NVD.L Leverage Shares 3x NVIDIA ETP Securities GBP | -15.31% | -12.14% | 735.90% | 1,729.07% | -96.41% | 501.66% | 115.45% |
BTC-USD Bitcoin | -30.02% | -12.95% | 125.81% | 140.73% | -59.81% | 60.91% | 175.97% |
Correlation
The correlation between 3NVD.L and BTC-USD is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.14 |
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Return for Risk
3NVD.L vs. BTC-USD — Risk / Return Rank
3NVD.L
BTC-USD
3NVD.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x NVIDIA ETP Securities GBP (3NVD.L) and Bitcoin (BTC-USD). 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.
| 3NVD.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.85 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.82 | +1.16 |
| Martin ratioReturn relative to average drawdown | 0.65 | -1.37 | +2.02 |
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Drawdowns
3NVD.L vs. BTC-USD - Drawdown Comparison
The maximum 3NVD.L drawdown since its inception was -98.48%, which is greater than BTC-USD's maximum drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for 3NVD.L and BTC-USD.
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Drawdown Indicators
| 3NVD.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.48% | -84.19% | -14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -58.47% | -51.10% | -7.37% |
Max Drawdown (3Y)Largest decline over 3 years | -89.34% | -51.10% | -38.24% |
Max Drawdown (5Y)Largest decline over 5 years | -98.48% | -73.24% | -25.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.15% | — |
Current DrawdownCurrent decline from peak | -56.71% | -50.88% | -5.83% |
Average DrawdownAverage peak-to-trough decline | -51.10% | -40.41% | -10.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.73% | 32.13% | -1.40% |
Volatility
3NVD.L vs. BTC-USD - Volatility Comparison
Leverage Shares 3x NVIDIA ETP Securities GBP (3NVD.L) has a higher volatility of 29.13% compared to Bitcoin (BTC-USD) at 11.77%. This indicates that 3NVD.L's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3NVD.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.13% | 11.77% | +17.36% |
Volatility (6M)Calculated over the trailing 6-month period | 70.09% | 34.01% | +36.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.36% | 34.67% | +67.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.55% | 43.95% | +101.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 140.81% | 55.40% | +85.41% |
Frequently Asked Questions
3NVD.L and BTC-USD have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 3NVD.L and BTC-USD
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