3USL.L vs. AIGC.L

Last updated Jun 5, 2026

3USL.L (WisdomTree S&P 500 3x Daily Leveraged GB) and AIGC.L (WisdomTree Broad Commodities) are both exchange-traded funds - 3USL.L is a Leveraged Equities fund tracking the S&P 500 Net Total Returns Index, while AIGC.L is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 10 years, 3USL.L returned 28.49%/yr vs 5.99%/yr for AIGC.L. At a 0.25 correlation, their price movements are largely independent. 3USL.L charges 0.75%/yr vs 0.49%/yr for AIGC.L.

Performance

3USL.L vs. AIGC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) and WisdomTree Broad Commodities (AIGC.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with 3USL.L having a 25.13% return and AIGC.L slightly lower at 24.32%. Over the past 10 years, 3USL.L has outperformed AIGC.L with an annualized return of 28.49%, while AIGC.L has yielded a comparatively lower 5.99% annualized return.

3USL.L

• 1D: -0.02%
• 1M: 8.78%
• YTD: 25.13%
• 6M: 25.16%
• 1Y: 76.37%
• 3Y*: 50.50%
• 5Y*: 22.25%
• 10Y*: 28.49%

AIGC.L

• 1D: -1.47%
• 1M: -1.55%
• YTD: 24.32%
• 6M: 23.69%
• 1Y: 36.20%
• 3Y*: 14.90%
• 5Y*: 10.38%
• 10Y*: 5.99%

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

3USL.L vs. AIGC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3USL.L WisdomTree S&P 500 3x Daily Leveraged GB	25.13%	28.97%	64.00%	70.49%	-57.35%	101.77%	7.89%	97.98%	-27.34%	69.34%
AIGC.L WisdomTree Broad Commodities	24.32%	16.03%	2.05%	-6.41%	13.22%	26.42%	-3.80%	7.16%	-11.46%	0.80%

Correlation

The correlation between 3USL.L and AIGC.L is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since May 14, 2013	0.25

The correlation between 3USL.L and AIGC.L shifts across timeframes, from -0.14 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

3USL.L vs. AIGC.L — Risk / Return Rank

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

3USL.L

3USL.L Risk / Return Rank: 65
3USL.L Sharpe Ratio Rank: 70
3USL.L Sortino Ratio Rank: 64
3USL.L Omega Ratio Rank: 60
3USL.L Calmar Ratio Rank: 63
3USL.L Martin Ratio Rank: 67

AIGC.L

AIGC.L Risk / Return Rank: 70
AIGC.L Sharpe Ratio Rank: 68
AIGC.L Sortino Ratio Rank: 58
AIGC.L Omega Ratio Rank: 68
AIGC.L Calmar Ratio Rank: 89
AIGC.L Martin Ratio Rank: 67

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.

3USL.L vs. AIGC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) and WisdomTree Broad Commodities (AIGC.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.

	3USL.L	AIGC.L	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.19	+0.06
Sortino ratio: Return per unit of downside risk	2.94	2.73	+0.21
Omega ratio: Gain probability vs. loss probability	1.36	1.40	-0.04
Calmar ratio: Return relative to maximum drawdown	3.06	5.28	-2.22
Martin ratio: Return relative to average drawdown	12.28	12.07	+0.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3USL.L vs. AIGC.L - Sharpe Ratio Comparison

The current 3USL.L Sharpe Ratio is 2.25, which is comparable to the AIGC.L Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of 3USL.L and AIGC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	3USL.L	AIGC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.19	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.69	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.42	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	-0.02	+0.61

Drawdowns

3USL.L vs. AIGC.L - Drawdown Comparison

The maximum 3USL.L drawdown since its inception was -76.72%, roughly equal to the maximum AIGC.L drawdown of -75.92%. Use the drawdown chart below to compare losses from any high point for 3USL.L and AIGC.L.

Drawdown Indicators

	3USL.L	AIGC.L	Difference
Max Drawdown Largest peak-to-trough decline	-76.72%	-75.92%	-0.80%
Max Drawdown (1Y) Largest decline over 1 year	-25.29%	-7.09%	-18.20%
Max Drawdown (3Y) Largest decline over 3 years	-48.69%	-11.23%	-37.46%
Max Drawdown (5Y) Largest decline over 5 years	-63.47%	-26.98%	-36.49%
Max Drawdown (10Y) Largest decline over 10 years	-76.72%	-34.00%	-42.72%
Current Drawdown Current decline from peak	-1.82%	-37.42%	+35.60%
Average Drawdown Average peak-to-trough decline	-15.26%	-51.02%	+35.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.31%	3.10%	+3.21%

Volatility

3USL.L vs. AIGC.L - Volatility Comparison

WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a higher volatility of 9.42% compared to WisdomTree Broad Commodities (AIGC.L) at 5.88%. This indicates that 3USL.L's price experiences larger fluctuations and is considered to be riskier than AIGC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3USL.L	AIGC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.42%	5.88%	+3.54%
Volatility (6M) Calculated over the trailing 6-month period	25.26%	15.18%	+10.08%
Volatility (1Y) Calculated over the trailing 1-year period	34.36%	17.07%	+17.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.39%	18.14%	+29.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.51%	15.76%	+32.75%

3USL.L vs. AIGC.L - Expense Ratio Comparison

3USL.L has a 0.75% expense ratio, which is higher than AIGC.L's 0.49% expense ratio.

Dividends

3USL.L vs. AIGC.L - Dividend Comparison

Neither 3USL.L nor AIGC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 3USL.L and AIGC.L in my portfolio?

3USL.L and AIGC.L have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3USL.L or AIGC.L?

On fees, AIGC.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3USL.L or AIGC.L?

AIGC.L is cheaper with a 0.49% expense ratio, compared with 0.75% for 3USL.L.

What is the main difference between 3USL.L and AIGC.L?

3USL.L is categorized as Leveraged Equities, while AIGC.L is Commodities. 3USL.L tracks S&P 500 Net Total Returns Index, while AIGC.L tracks Bloomberg Commodity. Their fees differ too: 0.75% for 3USL.L and 0.49% for AIGC.L.