3VT.L vs. ^GSPC
3VT.L (Leverage Shares 3x Long Total World ETP Securities GBP) is Leveraged Equities fund actively managed by Leverage Shares, while ^GSPC (S&P 500 Index) is an index. Over the past 3 years, 3VT.L returned 37.91%/yr vs 17.84%/yr for ^GSPC. At a 0.36 correlation, their price movements are largely independent.
Performance
3VT.L vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
3VT.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3VT.L achieves a 27.78% return, which is significantly higher than ^GSPC's 10.75% return.
3VT.L
- 1D
- -1.52%
- 1M
- 12.90%
- YTD
- 27.78%
- 6M
- 30.70%
- 1Y
- 75.80%
- 3Y*
- 37.91%
- 5Y*
- —
- 10Y*
- —
^GSPC
- 1D
- -0.47%
- 1M
- 5.75%
- YTD
- 10.75%
- 6M
- 9.70%
- 1Y
- 27.40%
- 3Y*
- 17.84%
- 5Y*
- 13.50%
- 10Y*
- 14.55%
3VT.L vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3VT.L Leverage Shares 3x Long Total World ETP Securities GBP | 27.78% | 28.59% | 32.38% | 43.18% | -49.57% | 0.00% |
^GSPC S&P 500 Index | 10.75% | 8.10% | 25.46% | 18.02% | -9.86% | -0.85% |
Correlation
The correlation between 3VT.L and ^GSPC is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021 | 0.36 |
The correlation between 3VT.L and ^GSPC shifts across timeframes, from 0.36 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
3VT.L vs. ^GSPC — Risk / Return Rank
3VT.L
^GSPC
3VT.L vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long Total World ETP Securities GBP (3VT.L) and S&P 500 Index (^GSPC). 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.
| 3VT.L | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.45 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.43 | -0.58 |
| Martin ratioReturn relative to average drawdown | 10.77 | 12.79 | -2.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 3VT.L | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.38 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.86 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.58 | -0.34 |
Drawdowns
3VT.L vs. ^GSPC - Drawdown Comparison
The maximum 3VT.L drawdown since its inception was -58.87%, which is greater than ^GSPC's maximum drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for 3VT.L and ^GSPC.
Loading charts...
Drawdown Indicators
| 3VT.L | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.87% | -37.07% | -21.80% |
Max Drawdown (1Y)Largest decline over 1 year | -26.47% | -8.03% | -18.44% |
Max Drawdown (3Y)Largest decline over 3 years | -46.37% | -22.15% | -24.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -1.52% | -0.47% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -25.23% | -5.32% | -19.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.02% | 2.15% | +4.87% |
Volatility
3VT.L vs. ^GSPC - Volatility Comparison
Leverage Shares 3x Long Total World ETP Securities GBP (3VT.L) has a higher volatility of 10.47% compared to S&P 500 Index (^GSPC) at 2.76%. This indicates that 3VT.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3VT.L | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.47% | 2.76% | +7.71% |
Volatility (6M)Calculated over the trailing 6-month period | 28.81% | 8.23% | +20.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.37% | 11.56% | +24.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.86% | 15.86% | +32.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.86% | 18.16% | +29.70% |
Frequently Asked Questions
3VT.L and ^GSPC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 3VT.L and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer