3SIL.L vs. GC=F

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Silver 3x Daily Leveraged (3SIL.L) and Gold (GC=F).

3SIL.L is an actively managed fund by WisdomTree. It was launched on Dec 17, 2012.

Performance

3SIL.L vs. GC=F - Performance Comparison

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

3SIL.L vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3SIL.L WisdomTree Silver 3x Daily Leveraged	-47.87%	692.77%	16.75%	-30.27%	-22.02%	-53.86%	43.62%	27.24%	-36.45%	-5.75%
GC=F Gold	10.61%	64.52%	27.48%	13.34%	-0.43%	-3.47%	24.59%	18.87%	-2.14%	13.59%

Returns By Period

In the year-to-date period, 3SIL.L achieves a -47.87% return, which is significantly lower than GC=F's 10.61% return. Over the past 10 years, 3SIL.L has underperformed GC=F with an annualized return of 3.42%, while GC=F has yielded a comparatively higher 14.62% annualized 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%

GC=F

• 1D: 2.95%
• 1M: -9.63%
• YTD: 10.61%
• 6M: 23.71%
• 1Y: 53.41%
• 3Y*: 34.44%
• 5Y*: 22.61%
• 10Y*: 14.62%

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

Return for Risk

3SIL.L vs. GC=F — 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

GC=F

GC=F Risk / Return Rank: 91
GC=F Sharpe Ratio Rank: 100
GC=F Sortino Ratio Rank: 100
GC=F Omega Ratio Rank: 94
GC=F Calmar Ratio Rank: 71
GC=F Martin Ratio Rank: 92

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. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Silver 3x Daily Leveraged (3SIL.L) and Gold (GC=F). 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	GC=F	Difference
Sharpe ratio Return per unit of total volatility	1.03	1.85	-0.82
Sortino ratio Return per unit of downside risk	2.13	2.26	-0.12
Omega ratio Gain probability vs. loss probability	1.34	1.34	-0.01
Calmar ratio Return relative to maximum drawdown	1.87	2.74	-0.86
Martin ratio Return relative to average drawdown	4.80	10.15	-5.35
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. GC=F - Sharpe Ratio Comparison

The current 3SIL.L Sharpe Ratio is 1.03, which is lower than the GC=F Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of 3SIL.L and GC=F, 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	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	1.85	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	1.25	-1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.89	-0.86
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.64	-0.85

Correlation

The correlation between 3SIL.L and GC=F is 0.67, 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.

Drawdowns

3SIL.L vs. GC=F - Drawdown Comparison

The maximum 3SIL.L drawdown since its inception was -99.33%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for 3SIL.L and GC=F.

Drawdown Indicators

	3SIL.L	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-99.33%	-44.36%	-54.97%
Max Drawdown (1Y) Largest decline over 1 year	-89.36%	-17.73%	-71.63%
Max Drawdown (5Y) Largest decline over 5 years	-89.36%	-20.43%	-68.93%
Max Drawdown (10Y) Largest decline over 10 years	-92.57%	-20.87%	-71.70%
Current Drawdown Current decline from peak	-94.97%	-10.04%	-84.93%
Average Drawdown Average peak-to-trough decline	-94.33%	-13.03%	-81.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.90%	4.78%	+30.12%

Volatility

3SIL.L vs. GC=F - Volatility Comparison

WisdomTree Silver 3x Daily Leveraged (3SIL.L) has a higher volatility of 58.12% compared to Gold (GC=F) at 11.29%. This indicates that 3SIL.L's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3SIL.L	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	58.12%	11.29%	+46.83%
Volatility (6M) Calculated over the trailing 6-month period	172.58%	24.59%	+147.99%
Volatility (1Y) Calculated over the trailing 1-year period	165.59%	27.77%	+137.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.06%	17.96%	+88.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.41%	16.36%	+77.05%