ATH.TO vs. 3GOL.L
ATH.TO (Athabasca Oil Corporation) is a stock, while 3GOL.L (WisdomTree Gold 3x Daily Leveraged) is Leveraged Commodities fund tracking the Solactive Gold Commodity Futures SL Index (300%). Over the past 10 years, ATH.TO returned 21.70%/yr vs 16.26%/yr for 3GOL.L. At a 0.02 correlation, their price movements are largely independent.
Performance
ATH.TO vs. 3GOL.L - Performance Comparison
Loading charts...
Different Trading Currencies
ATH.TO is traded in CAD, while 3GOL.L is traded in USD. To make them comparable, the 3GOL.L values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ATH.TO achieves a 44.95% return, which is significantly higher than 3GOL.L's -34.26% return. Over the past 10 years, ATH.TO has outperformed 3GOL.L with an annualized return of 21.70%, while 3GOL.L has yielded a comparatively lower 16.26% annualized return.
ATH.TO
- 1D
- 0.10%
- 1M
- -6.60%
- YTD
- 44.95%
- 6M
- 45.36%
- 1Y
- 81.64%
- 3Y*
- 52.56%
- 5Y*
- 59.73%
- 10Y*
- 21.70%
3GOL.L
- 1D
- -4.52%
- 1M
- -32.34%
- YTD
- -34.26%
- 6M
- -37.36%
- 1Y
- 30.94%
- 3Y*
- 60.91%
- 5Y*
- 33.49%
- 10Y*
- 16.26%
ATH.TO vs. 3GOL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATH.TO Athabasca Oil Corporation | 44.95% | 31.89% | 27.82% | 73.03% | 102.52% | 600.00% | -71.19% | -40.40% | -7.48% | -47.80% |
3GOL.L WisdomTree Gold 3x Daily Leveraged | -34.26% | 220.82% | 74.10% | 17.42% | -8.42% | -21.64% | 47.28% | 41.29% | -5.06% | 16.61% |
Correlation
The correlation between ATH.TO and 3GOL.L is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2012 | 0.02 |
The correlation between ATH.TO and 3GOL.L shifts across timeframes, from -0.09 (1 year) to 0.05 (5 years), 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
ATH.TO vs. 3GOL.L — Risk / Return Rank
ATH.TO
3GOL.L
ATH.TO vs. 3GOL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Athabasca Oil Corporation (ATH.TO) and WisdomTree Gold 3x Daily Leveraged (3GOL.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.
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.
| ATH.TO | 3GOL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.14 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 0.49 | +3.52 |
| Martin ratioReturn relative to average drawdown | 12.30 | 1.15 | +11.16 |
Loading charts...
Drawdowns
ATH.TO vs. 3GOL.L - Drawdown Comparison
The maximum ATH.TO drawdown since its inception was -99.41%, which is greater than 3GOL.L's maximum drawdown of -78.18%. Use the drawdown chart below to compare losses from any high point for ATH.TO and 3GOL.L.
Loading charts...
Drawdown Indicators
| ATH.TO | 3GOL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.41% | -78.18% | -21.23% |
Max Drawdown (1Y)Largest decline over 1 year | -20.50% | -63.25% | +42.75% |
Max Drawdown (3Y)Largest decline over 3 years | -25.62% | -63.25% | +37.63% |
Max Drawdown (5Y)Largest decline over 5 years | -43.37% | -63.25% | +19.88% |
Max Drawdown (10Y)Largest decline over 10 years | -94.63% | -63.25% | -31.38% |
Current DrawdownCurrent decline from peak | -45.24% | -63.01% | +17.77% |
Average DrawdownAverage peak-to-trough decline | -73.56% | -52.63% | -20.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.66% | 26.88% | -20.22% |
Volatility
ATH.TO vs. 3GOL.L - Volatility Comparison
The current volatility for Athabasca Oil Corporation (ATH.TO) is 12.89%, while WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a volatility of 26.57%. This indicates that ATH.TO experiences smaller price fluctuations and is considered to be less risky than 3GOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ATH.TO | 3GOL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.89% | 26.57% | -13.68% |
Volatility (6M)Calculated over the trailing 6-month period | 32.02% | 69.26% | -37.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.70% | 77.44% | -39.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.58% | 52.99% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.54% | 47.73% | +13.81% |
Dividends
ATH.TO vs. 3GOL.L - Dividend Comparison
Neither ATH.TO nor 3GOL.L has paid dividends to shareholders.
Frequently Asked Questions
ATH.TO and 3GOL.L have a correlation of -0.09, 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 ATH.TO and 3GOL.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