3SIL.L vs. 3GLE.L

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Silver 3x Daily Leveraged (3SIL.L) and Leverage Shares 3x Long Gold ETP Securities (3GLE.L).

3SIL.L and 3GLE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3SIL.L is an actively managed fund by WisdomTree. It was launched on Dec 17, 2012. 3GLE.L is an actively managed fund by Leverage Shares. It was launched on Jun 6, 2022.

Performance

3SIL.L vs. 3GLE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Silver 3x Daily Leveraged (3SIL.L) and Leverage Shares 3x Long Gold ETP Securities (3GLE.L). The values are adjusted to include any dividend payments, if applicable.

3SIL.L vs. 3GLE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
3SIL.L WisdomTree Silver 3x Daily Leveraged	-47.87%	692.77%	16.75%	-30.27%	18.16%
3GLE.L Leverage Shares 3x Long Gold ETP Securities	15.57%	188.93%	67.78%	16.46%	-12.50%

Returns By Period

In the year-to-date period, 3SIL.L achieves a -47.87% return, which is significantly lower than 3GLE.L's 15.57% return.

3SIL.L

• 1D: 7.19%
• 1M: -42.14%
• YTD: -47.87%
• 6M: 30.77%
• 1Y: 171.11%
• 3Y*: 53.28%
• 5Y*: 12.10%
• 10Y*: 3.42%

3GLE.L

• 1D: 9.74%
• 1M: -30.66%
• YTD: 15.57%
• 6M: 45.19%
• 1Y: 115.26%
• 3Y*: 76.20%
• 5Y*: —
• 10Y*: —

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

3SIL.L vs. 3GLE.L - Expense Ratio Comparison

3SIL.L has a 0.99% expense ratio, which is higher than 3GLE.L's 0.75% expense ratio.

3SIL.L

WisdomTree Silver 3x Daily Leveraged

3GLE.L

Leverage Shares 3x Long Gold ETP Securities

Return for Risk

3SIL.L vs. 3GLE.L — Risk / Return Rank

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

3SIL.L

3SIL.L Risk / Return Rank: 64
3SIL.L Sharpe Ratio Rank: 53
3SIL.L Sortino Ratio Rank: 78
3SIL.L Omega Ratio Rank: 82
3SIL.L Calmar Ratio Rank: 64
3SIL.L Martin Ratio Rank: 43

3GLE.L

3GLE.L Risk / Return Rank: 72
3GLE.L Sharpe Ratio Rank: 75
3GLE.L Sortino Ratio Rank: 71
3GLE.L Omega Ratio Rank: 73
3GLE.L Calmar Ratio Rank: 78
3GLE.L Martin Ratio Rank: 66

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.

3SIL.L vs. 3GLE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Silver 3x Daily Leveraged (3SIL.L) and Leverage Shares 3x Long Gold ETP Securities (3GLE.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.

	3SIL.L	3GLE.L	Difference
Sharpe ratio Return per unit of total volatility	1.03	1.43	-0.40
Sortino ratio Return per unit of downside risk	2.13	1.88	+0.25
Omega ratio Gain probability vs. loss probability	1.34	1.29	+0.05
Calmar ratio Return relative to maximum drawdown	1.87	2.36	-0.48
Martin ratio Return relative to average drawdown	4.80	7.39	-2.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3SIL.L vs. 3GLE.L - Sharpe Ratio Comparison

The current 3SIL.L Sharpe Ratio is 1.03, which is comparable to the 3GLE.L Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of 3SIL.L and 3GLE.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

	3SIL.L	3GLE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	1.43	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	1.08	-1.29

Correlation

The correlation between 3SIL.L and 3GLE.L is 0.69, 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

3SIL.L vs. 3GLE.L - Dividend Comparison

Neither 3SIL.L nor 3GLE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

3SIL.L vs. 3GLE.L - Drawdown Comparison

The maximum 3SIL.L drawdown since its inception was -99.33%, which is greater than 3GLE.L's maximum drawdown of -49.48%. Use the drawdown chart below to compare losses from any high point for 3SIL.L and 3GLE.L.

Drawdown Indicators

	3SIL.L	3GLE.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.33%	-49.48%	-49.85%
Max Drawdown (1Y) Largest decline over 1 year	-89.36%	-49.48%	-39.88%
Max Drawdown (5Y) Largest decline over 5 years	-89.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.57%	—	—
Current Drawdown Current decline from peak	-94.97%	-35.02%	-59.95%
Average Drawdown Average peak-to-trough decline	-94.33%	-11.76%	-82.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.90%	15.79%	+19.11%

Volatility

3SIL.L vs. 3GLE.L - Volatility Comparison

WisdomTree Silver 3x Daily Leveraged (3SIL.L) has a higher volatility of 58.12% compared to Leverage Shares 3x Long Gold ETP Securities (3GLE.L) at 35.01%. This indicates that 3SIL.L's price experiences larger fluctuations and is considered to be riskier than 3GLE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3SIL.L	3GLE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	58.12%	35.01%	+23.11%
Volatility (6M) Calculated over the trailing 6-month period	172.58%	72.70%	+99.88%
Volatility (1Y) Calculated over the trailing 1-year period	165.59%	80.37%	+85.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.06%	53.39%	+52.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.41%	53.39%	+40.02%