3USL.L vs. TLT
Compare and contrast key facts about WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) and iShares 20+ Year Treasury Bond ETF (TLT).
3USL.L and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3USL.L is managed by WisdomTree. It was launched on Dec 13, 2012. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 3USL.L or TLT.
Key characteristics
| 3USL.L | TLT | |
|---|---|---|
| YTD Return | 71.16% | -5.60% |
| 1Y Return | 101.00% | 6.12% |
| 3Y Return (Ann) | 9.22% | -12.04% |
| 5Y Return (Ann) | 24.45% | -5.81% |
| 10Y Return (Ann) | 23.51% | -0.28% |
| Sharpe Ratio | 3.04 | 0.31 |
| Sortino Ratio | 3.51 | 0.54 |
| Omega Ratio | 1.47 | 1.06 |
| Calmar Ratio | 2.63 | 0.10 |
| Martin Ratio | 17.58 | 0.76 |
| Ulcer Index | 5.95% | 6.13% |
| Daily Std Dev | 34.28% | 14.86% |
| Max Drawdown | -76.72% | -48.35% |
| Current Drawdown | -1.40% | -41.18% |
Correlation
The correlation between 3USL.L and TLT is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
3USL.L vs. TLT - Performance Comparison
In the year-to-date period, 3USL.L achieves a 71.16% return, which is significantly higher than TLT's -5.60% return. Over the past 10 years, 3USL.L has outperformed TLT with an annualized return of 23.51%, while TLT has yielded a comparatively lower -0.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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3USL.L vs. TLT - Expense Ratio Comparison
3USL.L has a 0.75% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
3USL.L vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
Dividends
3USL.L vs. TLT - Dividend Comparison
3USL.L has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.07%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.07% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
3USL.L vs. TLT - Drawdown Comparison
The maximum 3USL.L drawdown since its inception was -76.72%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for 3USL.L and TLT. For additional features, visit the drawdowns tool.
Volatility
3USL.L vs. TLT - Volatility Comparison
WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a higher volatility of 10.80% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 5.10%. This indicates that 3USL.L's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.