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3USL.L vs. GGRP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

3USL.L vs. GGRP.L

Last updated Jun 5, 2026

3USL.L (WisdomTree S&P 500 3x Daily Leveraged GB) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - 3USL.L is a Leveraged Equities fund tracking the S&P 500 Net Total Returns Index, while GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, 3USL.L returned 22.25%/yr vs 7.46%/yr for GGRP.L. A 0.67 correlation means they provide meaningful diversification when combined. 3USL.L charges 0.75%/yr vs 0.38%/yr for GGRP.L.

Performance

3USL.L vs. GGRP.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 Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

3USL.L is traded in USD, while GGRP.L is traded in GBp. To make them comparable, the GGRP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3USL.L achieves a 25.13% return, which is significantly higher than GGRP.L's 4.55% return.

3USL.L

1D
-0.02%
1M
12.76%
YTD
25.13%
6M
26.49%
1Y
77.77%
3Y*
50.50%
5Y*
22.25%
10Y*
28.49%

GGRP.L

1D
0.44%
1M
3.87%
YTD
4.55%
6M
6.12%
1Y
15.21%
3Y*
12.32%
5Y*
7.46%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
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%51.39%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		4.55%15.14%8.02%17.51%-13.56%19.26%16.37%35.48%-10.63%22.20%

Correlation

The correlation between 3USL.L and GGRP.L is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Feb 20, 2017

0.67

The correlation between 3USL.L and GGRP.L shifts across timeframes, from 0.67 (all time) to 0.82 (5 years), reflecting how their relationship changes across market environments.

3USL.L vs. GGRP.L - Sectors Allocation Comparison

Sectors
3USL.L
GGRP.L

Technology

36.9%
21.6%

Financial Services

12.6%
8.4%

Consumer Cyclical

10.7%
15.4%

Communication Services

10.4%
8.6%

Healthcare

9.0%
15.7%

Industrials

7.4%
18.8%

Consumer Defensive

4.7%
7.2%

Energy

2.8%
0.0%

Utilities

2.3%
0.4%

Real Estate

1.8%
0.2%

Basic Materials

1.5%
3.7%

Technology

3USL.L
36.9%
GGRP.L
21.6%

Financial Services

3USL.L
12.6%
GGRP.L
8.4%

Consumer Cyclical

3USL.L
10.7%
GGRP.L
15.4%

Communication Services

3USL.L
10.4%
GGRP.L
8.6%

Healthcare

3USL.L
9.0%
GGRP.L
15.7%

Industrials

3USL.L
7.4%
GGRP.L
18.8%

Consumer Defensive

3USL.L
4.7%
GGRP.L
7.2%

Energy

3USL.L
2.8%
GGRP.L
0.0%

Utilities

3USL.L
2.3%
GGRP.L
0.4%

Real Estate

3USL.L
1.8%
GGRP.L
0.2%

Basic Materials

3USL.L
1.5%
GGRP.L
3.7%

Compare stocks, funds, or ETFs

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WisdomTree S&P 500 3x Daily Leveraged GB

WisdomTree Global Quality Dividend Growth UCITS ETF - USD

Often compared with 3USL.L:
3USL.L vs. UPRO3USL.L vs. TQQQ3USL.L vs. RMQAX3USL.L vs. VUAA.L3USL.L vs. CL2.F3USL.L vs. ^GSPC3USL.L vs. QQQ
Often compared with GGRP.L:
GGRP.L vs. GGRG.LGGRP.L vs. FGQD.LGGRP.L vs. VHYG.LGGRP.L vs. HMWO.LGGRP.L vs. SCHDGGRP.L vs. QWLDGGRP.L vs. TDGB.L

Return for Risk

3USL.L vs. GGRP.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: 6565
Overall Rank
3USL.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
3USL.L Sortino Ratio Rank: 6464
Sortino Ratio Rank
3USL.L Omega Ratio Rank: 6060
Omega Ratio Rank
3USL.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
3USL.L Martin Ratio Rank: 6767
Martin Ratio Rank
GGRP.L
GGRP.L Risk / Return Rank: 4646
Overall Rank
GGRP.L Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
GGRP.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
GGRP.L Omega Ratio Rank: 4848
Omega Ratio Rank
GGRP.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
GGRP.L Martin Ratio Rank: 4545
Martin Ratio Rank
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. GGRP.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 Global Quality Dividend Growth UCITS ETF - USD (GGRP.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.LGGRP.LDifference
Sharpe ratioReturn per unit of total volatility
2.25
1.32

+0.93

Sortino ratioReturn per unit of downside risk
2.94
2.07

+0.87

Omega ratioGain probability vs. loss probability

1.36

1.24

+0.12

Calmar ratioReturn relative to maximum drawdown

3.06

1.48

+1.58

Martin ratioReturn relative to average drawdown

12.28

5.90

+6.39

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. GGRP.L - Sharpe Ratio Comparison

The current 3USL.L Sharpe Ratio is 2.25, which is higher than the GGRP.L Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of 3USL.L and GGRP.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.

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Sharpe Ratios by Period

3USL.LGGRP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.25

1.32

+0.93

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.53

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.86

-0.27

Drawdowns

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

The maximum 3USL.L drawdown since its inception was -76.72%, which is greater than GGRP.L's maximum drawdown of -30.97%. Use the drawdown chart below to compare losses from any high point for 3USL.L and GGRP.L.

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Drawdown Indicators

3USL.LGGRP.LDifference

Max Drawdown

Largest peak-to-trough decline

-76.72%

-30.97%

-45.75%

Max Drawdown (1Y)

Largest decline over 1 year

-25.29%

-10.21%

-15.08%

Max Drawdown (3Y)

Largest decline over 3 years

-48.69%

-15.31%

-33.38%

Max Drawdown (5Y)

Largest decline over 5 years

-63.47%

-25.16%

-38.31%

Max Drawdown (10Y)

Largest decline over 10 years

-76.72%

—

—

Current Drawdown

Current decline from peak

-1.82%

0.00%

-1.82%

Average Drawdown

Average peak-to-trough decline

-15.26%

-4.79%

-10.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.31%

2.57%

+3.74%

Volatility

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

WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a higher volatility of 9.42% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 3.01%. This indicates that 3USL.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

3USL.LGGRP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.42%

3.01%

+6.41%

Volatility (6M)

Calculated over the trailing 6-month period

25.26%

9.09%

+16.17%

Volatility (1Y)

Calculated over the trailing 1-year period

34.36%

11.47%

+22.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.39%

14.31%

+33.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.51%

17.44%

+31.07%

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

3USL.L has a 0.75% expense ratio, which is higher than GGRP.L's 0.38% expense ratio.

Dividends

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

3USL.L has not paid dividends to shareholders, while GGRP.L's dividend yield for the trailing twelve months is around 0.01%.

PositionTTM202520242023202220212020201920182017
3USL.L
WisdomTree S&P 500 3x Daily Leveraged GB		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		0.01%0.01%0.54%1.86%2.42%1.60%1.46%1.88%2.13%1.41%

Frequently Asked Questions

3USL.L and GGRP.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GGRP.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GGRP.L is cheaper with a 0.38% expense ratio, compared with 0.75% for 3USL.L.

3USL.L is categorized as Leveraged Equities, while GGRP.L is Global Equities. 3USL.L tracks S&P 500 Net Total Returns Index, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. Their fees differ too: 0.75% for 3USL.L and 0.38% for GGRP.L.

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