AIGG.L vs. 3USL.L

Last updated Jun 5, 2026

AIGG.L (WisdomTree Grains) and 3USL.L (WisdomTree S&P 500 3x Daily Leveraged GB) are both exchange-traded funds - AIGG.L is a Agricultural Commodities fund tracking the Bloomberg Grains, while 3USL.L is a Leveraged Equities fund tracking the S&P 500 Net Total Returns Index. Both are passively managed. Over the past 10 years, AIGG.L returned -3.19%/yr vs 28.49%/yr for 3USL.L. At a 0.08 correlation, their price movements are largely independent. AIGG.L charges 0.49%/yr vs 0.75%/yr for 3USL.L.

Performance

AIGG.L vs. 3USL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Grains (AIGG.L) and WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIGG.L achieves a 2.81% return, which is significantly lower than 3USL.L's 25.13% return. Over the past 10 years, AIGG.L has underperformed 3USL.L with an annualized return of -3.19%, while 3USL.L has yielded a comparatively higher 28.49% annualized return.

AIGG.L

• 1D: -2.49%
• 1M: -8.79%
• YTD: 2.81%
• 6M: -1.51%
• 1Y: -1.19%
• 3Y*: -8.84%
• 5Y*: -5.09%
• 10Y*: -3.19%

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%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIGG.L WisdomTree Grains	2.81%	-6.10%	-17.98%	-13.17%	16.03%	20.28%	17.82%	-2.93%	-6.42%	-11.59%
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%	69.34%

Correlation

The correlation between AIGG.L and 3USL.L is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since May 14, 2013	0.08

The correlation between AIGG.L and 3USL.L shifts across timeframes, from -0.16 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AIGG.L vs. 3USL.L — Risk / Return Rank

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

AIGG.L

AIGG.L Risk / Return Rank: 8
AIGG.L Sharpe Ratio Rank: 8
AIGG.L Sortino Ratio Rank: 8
AIGG.L Omega Ratio Rank: 8
AIGG.L Calmar Ratio Rank: 8
AIGG.L Martin Ratio Rank: 8

3USL.L

3USL.L Risk / Return Rank: 65
3USL.L Sharpe Ratio Rank: 70
3USL.L Sortino Ratio Rank: 64
3USL.L Omega Ratio Rank: 60
3USL.L Calmar Ratio Rank: 63
3USL.L Martin Ratio Rank: 67

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.

AIGG.L vs. 3USL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Grains (AIGG.L) and WisdomTree S&P 500 3x Daily Leveraged GB (3USL.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.

	AIGG.L	3USL.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	2.25	-2.32
Sortino ratio: Return per unit of downside risk	0.01	2.94	-2.93
Omega ratio: Gain probability vs. loss probability	1.00	1.36	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.10	3.06	-3.16
Martin ratio: Return relative to average drawdown	-0.20	12.28	-12.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIGG.L vs. 3USL.L - Sharpe Ratio Comparison

The current AIGG.L Sharpe Ratio is -0.07, which is lower than the 3USL.L Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of AIGG.L and 3USL.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.

Sharpe Ratios by Period

	AIGG.L	3USL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.07	2.25	-2.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.47	-0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	0.59	-0.75
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.60	-0.79

Drawdowns

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

The maximum AIGG.L drawdown since its inception was -73.81%, roughly equal to the maximum 3USL.L drawdown of -76.72%. Use the drawdown chart below to compare losses from any high point for AIGG.L and 3USL.L.

Drawdown Indicators

	AIGG.L	3USL.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.81%	-76.72%	+2.91%
Max Drawdown (1Y) Largest decline over 1 year	-11.88%	-25.29%	+13.41%
Max Drawdown (3Y) Largest decline over 3 years	-38.60%	-48.69%	+10.09%
Max Drawdown (5Y) Largest decline over 5 years	-47.45%	-63.47%	+16.02%
Max Drawdown (10Y) Largest decline over 10 years	-48.40%	-76.72%	+28.32%
Current Drawdown Current decline from peak	-64.24%	-1.82%	-62.42%
Average Drawdown Average peak-to-trough decline	-50.70%	-15.26%	-35.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.86%	6.31%	-0.45%

Volatility

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

The current volatility for WisdomTree Grains (AIGG.L) is 7.85%, while WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a volatility of 9.42%. This indicates that AIGG.L experiences smaller price fluctuations and is considered to be less risky than 3USL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIGG.L	3USL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	9.42%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	12.77%	25.26%	-12.49%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	34.36%	-18.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.98%	47.39%	-26.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	48.51%	-29.09%

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

AIGG.L has a 0.49% expense ratio, which is lower than 3USL.L's 0.75% expense ratio.

Dividends

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

Neither AIGG.L nor 3USL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIGG.L and 3USL.L in my portfolio?

AIGG.L and 3USL.L have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIGG.L or 3USL.L?

On fees, AIGG.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIGG.L or 3USL.L?

AIGG.L is cheaper with a 0.49% expense ratio, compared with 0.75% for 3USL.L.

What is the main difference between AIGG.L and 3USL.L?

AIGG.L is categorized as Agricultural Commodities, while 3USL.L is Leveraged Equities. AIGG.L tracks Bloomberg Grains, while 3USL.L tracks S&P 500 Net Total Returns Index. Their fees differ too: 0.49% for AIGG.L and 0.75% for 3USL.L.