3SLV.DE vs. TSLI.DE
3SLV.DE (Leverage Shares 3x Long Silver ETP Securities) and TSLI.DE (IncomeShares Tesla TSLA Options ETP EUR) are both exchange-traded funds - 3SLV.DE is a Silver fund tracking the iShares Silver Trust (3x), while TSLI.DE is a Derivative Income fund actively managed by Leverage Shares. 3SLV.DE is passively managed, while TSLI.DE is actively managed. Over the past year, 3SLV.DE returned 139.25% vs 45.21% for TSLI.DE. At a 0.13 correlation, their price movements are largely independent. 3SLV.DE charges 0.75%/yr vs 0.55%/yr for TSLI.DE.
Performance
3SLV.DE vs. TSLI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 3SLV.DE achieves a -68.66% return, which is significantly lower than TSLI.DE's -9.57% return.
3SLV.DE
- 1D
- 1.15%
- 1M
- -7.44%
- YTD
- -68.66%
- 6M
- -31.83%
- 1Y
- 139.25%
- 3Y*
- 44.22%
- 5Y*
- —
- 10Y*
- —
TSLI.DE
- 1D
- -2.95%
- 1M
- 1.39%
- YTD
- -9.57%
- 6M
- -7.27%
- 1Y
- 45.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3SLV.DE vs. TSLI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
3SLV.DE Leverage Shares 3x Long Silver ETP Securities | -68.66% | 826.65% | -18.22% |
TSLI.DE IncomeShares Tesla TSLA Options ETP EUR | -9.57% | 27.15% | 13.44% |
Correlation
The correlation between 3SLV.DE and TSLI.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2024 | 0.13 |
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Return for Risk
3SLV.DE vs. TSLI.DE — Risk / Return Rank
3SLV.DE
TSLI.DE
3SLV.DE vs. TSLI.DE - 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 IncomeShares Tesla TSLA Options ETP EUR (TSLI.DE). 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 | TSLI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.21 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.87 | -0.33 |
| Martin ratioReturn relative to average drawdown | 2.76 | 4.65 | -1.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 3SLV.DE | TSLI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.15 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.43 | -0.07 |
Drawdowns
3SLV.DE vs. TSLI.DE - Drawdown Comparison
The maximum 3SLV.DE drawdown since its inception was -89.93%, which is greater than TSLI.DE's maximum drawdown of -43.50%. Use the drawdown chart below to compare losses from any high point for 3SLV.DE and TSLI.DE.
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Drawdown Indicators
| 3SLV.DE | TSLI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.93% | -43.50% | -46.43% |
Max Drawdown (1Y)Largest decline over 1 year | -89.93% | -24.05% | -65.88% |
Max Drawdown (3Y)Largest decline over 3 years | -89.93% | — | — |
Current DrawdownCurrent decline from peak | -89.11% | -13.78% | -75.33% |
Average DrawdownAverage peak-to-trough decline | -29.44% | -15.70% | -13.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.24% | 9.67% | +40.57% |
Volatility
3SLV.DE vs. TSLI.DE - Volatility Comparison
Leverage Shares 3x Long Silver ETP Securities (3SLV.DE) has a higher volatility of 51.33% compared to IncomeShares Tesla TSLA Options ETP EUR (TSLI.DE) at 13.06%. This indicates that 3SLV.DE's price experiences larger fluctuations and is considered to be riskier than TSLI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3SLV.DE | TSLI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 51.33% | 13.06% | +38.27% |
Volatility (6M)Calculated over the trailing 6-month period | 176.71% | 26.18% | +150.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 169.84% | 39.40% | +130.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 111.76% | 43.87% | +67.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 111.76% | 43.87% | +67.89% |
3SLV.DE vs. TSLI.DE - Expense Ratio Comparison
3SLV.DE has a 0.75% expense ratio, which is higher than TSLI.DE's 0.55% expense ratio.
Dividends
3SLV.DE vs. TSLI.DE - Dividend Comparison
3SLV.DE has not paid dividends to shareholders, while TSLI.DE's dividend yield for the trailing twelve months is around 73.42%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
3SLV.DE Leverage Shares 3x Long Silver ETP Securities | 0.00% | 0.00% | 0.00% |
TSLI.DE IncomeShares Tesla TSLA Options ETP EUR | 73.42% | 77.04% | 11.38% |
Frequently Asked Questions
3SLV.DE and TSLI.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSLI.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSLI.DE is cheaper with a 0.55% expense ratio, compared with 0.75% for 3SLV.DE.
3SLV.DE is categorized as Silver, while TSLI.DE is Derivative Income. Their fees differ too: 0.75% for 3SLV.DE and 0.55% for TSLI.DE.
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