3SLV.DE vs. SI=F

Last updated Apr 3, 2026

Compare and contrast key facts about Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) and Silver (SI=F).

3SLV.DE is an actively managed fund by Leverage Shares. It was launched on Jun 9, 2022.

Performance

3SLV.DE vs. SI=F - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) and Silver (SI=F). The values are adjusted to include any dividend payments, if applicable.

3SLV.DE vs. SI=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
3SLV.DE Leverage Shares 3x Long Silver ETP Securities	-65.76%	826.65%	26.88%	-33.46%	45.09%
SI=F Silver	3.54%	112.79%	29.42%	-2.81%	15.07%

Different Trading Currencies

3SLV.DE is traded in EUR, while SI=F is traded in USD. To make them comparable, the SI=F values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3SLV.DE achieves a -65.76% return, which is significantly lower than SI=F's 3.54% return.

3SLV.DE

• 1D: -13.00%
• 1M: -41.18%
• YTD: -65.76%
• 6M: 25.36%
• 1Y: 134.52%
• 3Y*: 43.47%
• 5Y*: —
• 10Y*: —

SI=F

• 1D: -5.19%
• 1M: -13.42%
• YTD: 3.54%
• 6M: 58.57%
• 1Y: 94.50%
• 3Y*: 41.16%
• 5Y*: 24.04%
• 10Y*: 16.85%

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

Return for Risk

3SLV.DE vs. SI=F — Risk / Return Rank

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

3SLV.DE

3SLV.DE Risk / Return Rank: 62
3SLV.DE Sharpe Ratio Rank: 41
3SLV.DE Sortino Ratio Rank: 75
3SLV.DE Omega Ratio Rank: 80
3SLV.DE Calmar Ratio Rank: 69
3SLV.DE Martin Ratio Rank: 47

SI=F

SI=F Risk / Return Rank: 69
SI=F Sharpe Ratio Rank: 71
SI=F Sortino Ratio Rank: 70
SI=F Omega Ratio Rank: 81
SI=F Calmar Ratio Rank: 69
SI=F Martin Ratio Rank: 54

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.

3SLV.DE vs. SI=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) and Silver (SI=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.

	3SLV.DE	SI=F	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.30	-0.47
Sortino ratio Return per unit of downside risk	2.01	1.72	+0.29
Omega ratio Gain probability vs. loss probability	1.32	1.30	+0.02
Calmar ratio Return relative to maximum drawdown	2.11	2.67	-0.55
Martin ratio Return relative to average drawdown	5.32	7.40	-2.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3SLV.DE vs. SI=F - Sharpe Ratio Comparison

The current 3SLV.DE Sharpe Ratio is 0.82, which is lower than the SI=F Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of 3SLV.DE and SI=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

	3SLV.DE	SI=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.30	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.30	+0.12

Correlation

The correlation between 3SLV.DE and SI=F is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

3SLV.DE vs. SI=F - Drawdown Comparison

The maximum 3SLV.DE drawdown since its inception was -89.93%, which is greater than SI=F's maximum drawdown of -67.13%. Use the drawdown chart below to compare losses from any high point for 3SLV.DE and SI=F.

Drawdown Indicators

	3SLV.DE	SI=F	Difference
Max Drawdown Largest peak-to-trough decline	-89.93%	-91.54%	+1.61%
Max Drawdown (1Y) Largest decline over 1 year	-89.93%	-41.21%	-48.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.13%	—
Current Drawdown Current decline from peak	-88.10%	-37.64%	-50.46%
Average Drawdown Average peak-to-trough decline	-26.78%	-61.14%	+34.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.75%	14.77%	+20.98%

Volatility

3SLV.DE vs. SI=F - Volatility Comparison

Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) has a higher volatility of 56.56% compared to Silver (SI=F) at 18.45%. This indicates that 3SLV.DE's price experiences larger fluctuations and is considered to be riskier than SI=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3SLV.DE	SI=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	56.56%	18.45%	+38.11%
Volatility (6M) Calculated over the trailing 6-month period	172.13%	61.69%	+110.44%
Volatility (1Y) Calculated over the trailing 1-year period	162.37%	58.30%	+104.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.47%	36.04%	+73.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.47%	32.08%	+77.39%