3VT.L vs. 3UBE.L
3VT.L (Leverage Shares 3x Long Total World ETP Securities GBP) and 3UBE.L (Leverage Shares 3x Uber ETP Securities EUR) are both Leveraged Equities funds from Leverage Shares. 3VT.L is actively managed, while 3UBE.L is passively managed. Over the past 3 years, 3VT.L returned 37.91%/yr vs -1.60%/yr for 3UBE.L. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
3VT.L vs. 3UBE.L - Performance Comparison
Loading charts...
Different Trading Currencies
3VT.L is traded in GBp, while 3UBE.L is traded in EUR. To make them comparable, the 3UBE.L 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 3UBE.L's -47.67% return.
3VT.L
- 1D
- -1.52%
- 1M
- 12.90%
- YTD
- 27.78%
- 6M
- 30.70%
- 1Y
- 75.80%
- 3Y*
- 37.91%
- 5Y*
- —
- 10Y*
- —
3UBE.L
- 1D
- -5.71%
- 1M
- -20.16%
- YTD
- -47.67%
- 6M
- -62.94%
- 1Y
- -61.93%
- 3Y*
- -1.60%
- 5Y*
- —
- 10Y*
- —
3VT.L vs. 3UBE.L - 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% |
3UBE.L Leverage Shares 3x Uber ETP Securities EUR | -47.67% | 21.76% | -49.33% | 793.80% | -94.55% | 56.71% |
Correlation
The correlation between 3VT.L and 3UBE.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021 | 0.46 |
The correlation between 3VT.L and 3UBE.L shifts across timeframes, from 0.34 (1 year) to 0.46 (all time), 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. 3UBE.L — Risk / Return Rank
3VT.L
3UBE.L
3VT.L vs. 3UBE.L - 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 Leverage Shares 3x Uber ETP Securities EUR (3UBE.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.
| 3VT.L | 3UBE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +3.41 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.92 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | -0.81 | +3.66 |
| Martin ratioReturn relative to average drawdown | 10.77 | -1.31 | +12.08 |
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 | 3UBE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | -0.64 | +2.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.32 | +0.57 |
Drawdowns
3VT.L vs. 3UBE.L - Drawdown Comparison
The maximum 3VT.L drawdown since its inception was -58.87%, smaller than the maximum 3UBE.L drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for 3VT.L and 3UBE.L.
Loading charts...
Drawdown Indicators
| 3VT.L | 3UBE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.87% | -97.73% | +38.86% |
Max Drawdown (1Y)Largest decline over 1 year | -26.47% | -76.37% | +49.90% |
Max Drawdown (3Y)Largest decline over 3 years | -46.37% | -83.96% | +37.59% |
Current DrawdownCurrent decline from peak | -1.52% | -93.21% | +91.69% |
Average DrawdownAverage peak-to-trough decline | -25.23% | -82.52% | +57.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.02% | 47.36% | -40.34% |
Volatility
3VT.L vs. 3UBE.L - Volatility Comparison
The current volatility for Leverage Shares 3x Long Total World ETP Securities GBP (3VT.L) is 10.47%, while Leverage Shares 3x Uber ETP Securities EUR (3UBE.L) has a volatility of 26.27%. This indicates that 3VT.L experiences smaller price fluctuations and is considered to be less risky than 3UBE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3VT.L | 3UBE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.47% | 26.27% | -15.80% |
Volatility (6M)Calculated over the trailing 6-month period | 28.81% | 66.48% | -37.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.37% | 97.22% | -60.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.86% | 137.06% | -89.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.86% | 137.06% | -89.20% |
3VT.L vs. 3UBE.L - Expense Ratio Comparison
Both 3VT.L and 3UBE.L have an expense ratio of 0.75%.
Dividends
3VT.L vs. 3UBE.L - Dividend Comparison
Neither 3VT.L nor 3UBE.L has paid dividends to shareholders.
Frequently Asked Questions
3VT.L and 3UBE.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
3VT.L and 3UBE.L have the same expense ratio: 0.75% per year.
Find the right allocation for 3VT.L and 3UBE.L
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