3PLT.L vs. PLTR

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 3x Palantir ETP Securities (3PLT.L) and Palantir Technologies Inc. (PLTR).

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.

Performance

3PLT.L vs. PLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Leverage Shares 3x Palantir ETP Securities (3PLT.L) and Palantir Technologies Inc. (PLTR). The values are adjusted to include any dividend payments, if applicable.

3PLT.L vs. PLTR - 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%
PLTR Palantir Technologies Inc.	-16.14%	118.28%	348.17%	154.08%	-60.55%	-24.12%

Different Trading Currencies

3PLT.L is traded in GBp, while PLTR is traded in USD. To make them comparable, the PLTR values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3PLT.L achieves a -61.63% return, which is significantly lower than PLTR's -16.14% return.

3PLT.L

• 1D: 0.37%
• 1M: 7.21%
• YTD: -61.63%
• 6M: -70.36%
• 1Y: 52.22%
• 3Y*: 325.39%
• 5Y*: —
• 10Y*: —

PLTR

• 1D: 6.04%
• 1M: 8.72%
• YTD: -16.14%
• 6M: -18.44%
• 1Y: 69.33%
• 3Y*: 152.76%
• 5Y*: 45.99%
• 10Y*: —

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

Return for Risk

3PLT.L vs. PLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

3PLT.L

3PLT.L Risk / Return Rank: 36
3PLT.L Sharpe Ratio Rank: 21
3PLT.L Sortino Ratio Rank: 64
3PLT.L Omega Ratio Rank: 55
3PLT.L Calmar Ratio Rank: 23
3PLT.L Martin Ratio Rank: 19

PLTR

PLTR Risk / Return Rank: 77
PLTR Sharpe Ratio Rank: 81
PLTR Sortino Ratio Rank: 76
PLTR Omega Ratio Rank: 75
PLTR Calmar Ratio Rank: 76
PLTR Martin Ratio Rank: 76

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.

3PLT.L vs. PLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Palantir ETP Securities (3PLT.L) and Palantir Technologies Inc. (PLTR). 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	PLTR	Difference
Sharpe ratio Return per unit of total volatility	0.32	1.22	-0.89
Sortino ratio Return per unit of downside risk	1.62	1.79	-0.17
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio Return relative to maximum drawdown	0.48	1.67	-1.18
Martin ratio Return relative to average drawdown	0.98	4.07	-3.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3PLT.L vs. PLTR - Sharpe Ratio Comparison

The current 3PLT.L Sharpe Ratio is 0.32, which is lower than the PLTR Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of 3PLT.L and PLTR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	3PLT.L	PLTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	1.22	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	0.92	-1.07

Correlation

The correlation between 3PLT.L and PLTR is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

3PLT.L vs. PLTR - Dividend Comparison

Neither 3PLT.L nor PLTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

3PLT.L vs. PLTR - Drawdown Comparison

The maximum 3PLT.L drawdown since its inception was -99.89%, which is greater than PLTR's maximum drawdown of -82.49%. Use the drawdown chart below to compare losses from any high point for 3PLT.L and PLTR.

Drawdown Indicators

	3PLT.L	PLTR	Difference
Max Drawdown Largest peak-to-trough decline	-99.89%	-84.62%	-15.27%
Max Drawdown (1Y) Largest decline over 1 year	-83.56%	-37.81%	-45.75%
Max Drawdown (5Y) Largest decline over 5 years	—	-79.14%	—
Current Drawdown Current decline from peak	-84.92%	-29.39%	-55.53%
Average Drawdown Average peak-to-trough decline	-84.57%	-40.57%	-44.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.51%	15.48%	+26.03%

Volatility

3PLT.L vs. PLTR - Volatility Comparison

Leverage Shares 3x Palantir ETP Securities (3PLT.L) has a higher volatility of 32.44% compared to Palantir Technologies Inc. (PLTR) at 13.37%. This indicates that 3PLT.L's price experiences larger fluctuations and is considered to be riskier than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3PLT.L	PLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.44%	13.37%	+19.07%
Volatility (6M) Calculated over the trailing 6-month period	108.62%	36.76%	+71.86%
Volatility (1Y) Calculated over the trailing 1-year period	161.05%	57.26%	+103.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.38%	64.56%	+129.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.38%	69.43%	+124.95%