3PLT.L vs. TSLD.L

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 3x Palantir ETP Securities (3PLT.L) and IncomeShares Tesla TSLA Options ETP GBP (TSLD.L).

3PLT.L and TSLD.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. TSLD.L is an actively managed fund by Leverage Shares. It was launched on Jul 18, 2024.

Performance

3PLT.L vs. TSLD.L - Performance Comparison

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

3PLT.L vs. TSLD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
3PLT.L Leverage Shares 3x Palantir ETP Securities	-61.63%	154.21%	1,040.01%
TSLD.L IncomeShares Tesla TSLA Options ETP GBP	-20.31%	23.54%	18.96%

Returns By Period

In the year-to-date period, 3PLT.L achieves a -61.63% return, which is significantly lower than TSLD.L's -20.31% return.

3PLT.L

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

TSLD.L

• 1D: 0.68%
• 1M: -8.89%
• YTD: -20.31%
• 6M: -10.67%
• 1Y: 45.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

3PLT.L vs. TSLD.L - Expense Ratio Comparison

3PLT.L has a 0.75% expense ratio, which is higher than TSLD.L's 0.55% expense ratio.

3PLT.L

Leverage Shares 3x Palantir ETP Securities

TSLD.L

IncomeShares Tesla TSLA Options ETP GBP

Return for Risk

3PLT.L vs. TSLD.L — 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

TSLD.L

TSLD.L Risk / Return Rank: 56
TSLD.L Sharpe Ratio Rank: 64
TSLD.L Sortino Ratio Rank: 66
TSLD.L Omega Ratio Rank: 55
TSLD.L Calmar Ratio Rank: 57
TSLD.L Martin Ratio Rank: 40

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. TSLD.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 IncomeShares Tesla TSLA Options ETP GBP (TSLD.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	TSLD.L	Difference
Sharpe ratio Return per unit of total volatility	0.32	1.14	-0.81
Sortino ratio Return per unit of downside risk	1.62	1.68	-0.06
Omega ratio Gain probability vs. loss probability	1.20	1.21	-0.01
Calmar ratio Return relative to maximum drawdown	0.48	1.45	-0.97
Martin ratio Return relative to average drawdown	0.98	3.72	-2.75
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. TSLD.L - Sharpe Ratio Comparison

The current 3PLT.L Sharpe Ratio is 0.32, which is lower than the TSLD.L Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of 3PLT.L and TSLD.L, 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	TSLD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	1.14	-0.81
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	0.23	-0.37

Correlation

The correlation between 3PLT.L and TSLD.L is 0.41, 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. TSLD.L - Dividend Comparison

3PLT.L has not paid dividends to shareholders, while TSLD.L's dividend yield for the trailing twelve months is around 65.48%.

	TTM	2025	2024
3PLT.L Leverage Shares 3x Palantir ETP Securities	0.00%	0.00%	0.00%
TSLD.L IncomeShares Tesla TSLA Options ETP GBP	65.48%	70.00%	16.24%

Drawdowns

3PLT.L vs. TSLD.L - Drawdown Comparison

The maximum 3PLT.L drawdown since its inception was -99.89%, which is greater than TSLD.L's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for 3PLT.L and TSLD.L.

Drawdown Indicators

	3PLT.L	TSLD.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.89%	-43.95%	-55.94%
Max Drawdown (1Y) Largest decline over 1 year	-83.56%	-25.89%	-57.67%
Current Drawdown Current decline from peak	-84.92%	-25.28%	-59.64%
Average Drawdown Average peak-to-trough decline	-84.57%	-14.79%	-69.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.51%	10.13%	+31.38%

Volatility

3PLT.L vs. TSLD.L - Volatility Comparison

Leverage Shares 3x Palantir ETP Securities (3PLT.L) has a higher volatility of 32.44% compared to IncomeShares Tesla TSLA Options ETP GBP (TSLD.L) at 8.15%. This indicates that 3PLT.L's price experiences larger fluctuations and is considered to be riskier than TSLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3PLT.L	TSLD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.44%	8.15%	+24.29%
Volatility (6M) Calculated over the trailing 6-month period	108.62%	24.03%	+84.59%
Volatility (1Y) Calculated over the trailing 1-year period	161.05%	40.35%	+120.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.38%	43.13%	+151.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.38%	43.13%	+151.25%