3PLT.L vs. 3BAL.L
Compare and contrast key facts about Leverage Shares 3x Palantir ETP Securities (3PLT.L) and WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L).
3PLT.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. 3PLT.L is a passively managed fund by Leverage Shares that tracks the performance of the iSTOXX Leveraged 3x PLTR Index. It was launched on Jun 14, 2021. 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. Both 3PLT.L and 3BAL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
3PLT.L vs. 3BAL.L - Performance Comparison
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3PLT.L vs. 3BAL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3PLT.L Leverage Shares 3x Palantir ETP Securities | -61.63% | 154.21% | 2,527.55% | 363.59% | -99.42% | -70.37% |
3BAL.L WisdomTree EURO STOXX Banks 3x Daily Leveraged | -30.59% | 433.07% | 68.07% | 63.85% | -24.90% | 1.96% |
Returns By Period
In the year-to-date period, 3PLT.L achieves a -61.63% return, which is significantly lower than 3BAL.L's -30.59% return.
3PLT.L
- 1D
- 0.37%
- 1M
- -9.35%
- YTD
- -61.63%
- 6M
- -72.17%
- 1Y
- 40.49%
- 3Y*
- 325.39%
- 5Y*
- —
- 10Y*
- —
3BAL.L
- 1D
- 3.66%
- 1M
- -24.97%
- YTD
- -30.59%
- 6M
- -4.52%
- 1Y
- 76.92%
- 3Y*
- 111.55%
- 5Y*
- 60.12%
- 10Y*
- —
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3PLT.L vs. 3BAL.L - Expense Ratio Comparison
3PLT.L has a 0.75% expense ratio, which is lower than 3BAL.L's 0.89% expense ratio.
Return for Risk
3PLT.L vs. 3BAL.L — Risk / Return Rank
3PLT.L
3BAL.L
3PLT.L vs. 3BAL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Palantir ETP Securities (3PLT.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.
| 3PLT.L | 3BAL.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 1.15 | -0.83 |
Sortino ratioReturn per unit of downside risk | 1.62 | 1.68 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.22 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.48 | 1.69 | -1.21 |
Martin ratioReturn relative to average drawdown | 0.98 | 5.11 | -4.13 |
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
| 3PLT.L | 3BAL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 1.15 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 0.04 | -0.19 |
Correlation
The correlation between 3PLT.L and 3BAL.L is 0.25, 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
3PLT.L vs. 3BAL.L - Dividend Comparison
Neither 3PLT.L nor 3BAL.L has paid dividends to shareholders.
Drawdowns
3PLT.L vs. 3BAL.L - Drawdown Comparison
The maximum 3PLT.L drawdown since its inception was -99.89%, roughly equal to the maximum 3BAL.L drawdown of -97.78%. Use the drawdown chart below to compare losses from any high point for 3PLT.L and 3BAL.L.
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Drawdown Indicators
| 3PLT.L | 3BAL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.89% | -97.78% | -2.11% |
Max Drawdown (1Y)Largest decline over 1 year | -83.56% | -45.44% | -38.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.94% | — |
Current DrawdownCurrent decline from peak | -84.92% | -42.70% | -42.22% |
Average DrawdownAverage peak-to-trough decline | -84.57% | -67.04% | -17.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.51% | 15.06% | +26.45% |
Volatility
3PLT.L vs. 3BAL.L - Volatility Comparison
Leverage Shares 3x Palantir ETP Securities (3PLT.L) has a higher volatility of 32.44% compared to WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.L) at 29.03%. This indicates that 3PLT.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
| 3PLT.L | 3BAL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.44% | 29.03% | +3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 108.62% | 49.43% | +59.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 161.05% | 74.79% | +86.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 194.38% | 74.23% | +120.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 194.38% | 82.85% | +111.53% |