3VT.L vs. ^GSPC

Last updated Jul 18, 2026

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. A 0.67 correlation means they provide meaningful diversification when combined.

Performance

3VT.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Leverage Shares 3x Long Total World ETP Securities GBP (3VT.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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

3VT.L

• 1D: 0.00%
• 1M: -4.82%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: 0.11%
• 6M: 7.74%
• YTD: 10.02%
• 1Y: 19.10%
• 3Y*: 16.96%
• 5Y*: 12.20%
• 10Y*: 12.96%

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

3VT.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)
3VT.L Leverage Shares 3x Long Total World ETP Securities GBP	30.15%
^GSPC S&P 500 Index	10.94%

Correlation

The correlation between 3VT.L and ^GSPC is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 7, 2026	0.67

Return for Risk

3VT.L vs. ^GSPC — Risk / Return Rank

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

3VT.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 53
^GSPC Sortino Ratio Rank: 54
^GSPC Omega Ratio Rank: 56
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 75

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.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	3VT.L	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.14	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.39	—
Martin ratio: Return relative to average drawdown	—	8.68	—

Drawdowns

3VT.L vs. ^GSPC - Drawdown Comparison

The maximum 3VT.L drawdown since its inception was -11.41%, smaller than the maximum ^GSPC drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for 3VT.L and ^GSPC.

Drawdown Indicators

	3VT.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-11.41%	-37.07%	+25.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.01%	—
Current Drawdown Current decline from peak	-6.62%	-1.55%	-5.07%
Average Drawdown Average peak-to-trough decline	-3.34%	-5.29%	+1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	3VT.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.59%	12.03%	+29.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.59%	15.96%	+25.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.59%	18.05%	+23.54%

Frequently Asked Questions

Can I hold both 3VT.L and ^GSPC in my portfolio?

3VT.L and ^GSPC have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.