BRNT.L vs. QQQ3.L
Compare and contrast key facts about WisdomTree Brent Crude Oil (BRNT.L) and WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L).
BRNT.L and QQQ3.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRNT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Brent Crude Subindex. It was launched on Jan 9, 2012. QQQ3.L is a passively managed fund by WisdomTree that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Dec 13, 2012. Both BRNT.L and QQQ3.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BRNT.L vs. QQQ3.L - Performance Comparison
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BRNT.L vs. QQQ3.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRNT.L WisdomTree Brent Crude Oil | 75.62% | -6.34% | 7.45% | 1.08% | 35.10% | 66.26% | -33.22% | 32.15% | -13.92% | 12.39% |
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged | -20.32% | 27.64% | 59.91% | 209.50% | -79.58% | 87.37% | 110.13% | 128.92% | -21.29% | 114.27% |
Returns By Period
In the year-to-date period, BRNT.L achieves a 75.62% return, which is significantly higher than QQQ3.L's -20.32% return. Over the past 10 years, BRNT.L has underperformed QQQ3.L with an annualized return of 16.30%, while QQQ3.L has yielded a comparatively higher 34.63% annualized return.
BRNT.L
- 1D
- 4.21%
- 1M
- 27.38%
- YTD
- 75.62%
- 6M
- 71.01%
- 1Y
- 59.06%
- 3Y*
- 20.07%
- 5Y*
- 26.14%
- 10Y*
- 16.30%
QQQ3.L
- 1D
- -0.96%
- 1M
- -8.96%
- YTD
- -20.32%
- 6M
- -18.94%
- 1Y
- 41.68%
- 3Y*
- 45.45%
- 5Y*
- 12.76%
- 10Y*
- 34.63%
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BRNT.L vs. QQQ3.L - Expense Ratio Comparison
BRNT.L has a 0.49% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.
Return for Risk
BRNT.L vs. QQQ3.L — Risk / Return Rank
BRNT.L
QQQ3.L
BRNT.L vs. QQQ3.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Brent Crude Oil (BRNT.L) and WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.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.
| BRNT.L | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 0.71 | +0.83 |
Sortino ratioReturn per unit of downside risk | 2.06 | 1.32 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.17 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.73 | 1.76 | +1.97 |
Martin ratioReturn relative to average drawdown | 7.17 | 5.73 | +1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRNT.L | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 0.71 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.20 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.58 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.70 | -0.66 |
Correlation
The correlation between BRNT.L and QQQ3.L is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BRNT.L vs. QQQ3.L - Dividend Comparison
Neither BRNT.L nor QQQ3.L has paid dividends to shareholders.
Drawdowns
BRNT.L vs. QQQ3.L - Drawdown Comparison
The maximum BRNT.L drawdown since its inception was -85.97%, which is greater than QQQ3.L's maximum drawdown of -81.35%. Use the drawdown chart below to compare losses from any high point for BRNT.L and QQQ3.L.
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Drawdown Indicators
| BRNT.L | QQQ3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.97% | -81.35% | -4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -18.66% | -35.92% | +17.26% |
Max Drawdown (5Y)Largest decline over 5 years | -31.44% | -81.35% | +49.91% |
Max Drawdown (10Y)Largest decline over 10 years | -71.94% | -81.35% | +9.41% |
Current DrawdownCurrent decline from peak | -2.88% | -28.97% | +26.09% |
Average DrawdownAverage peak-to-trough decline | -49.20% | -19.80% | -29.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.71% | 11.05% | -1.34% |
Volatility
BRNT.L vs. QQQ3.L - Volatility Comparison
WisdomTree Brent Crude Oil (BRNT.L) has a higher volatility of 22.51% compared to WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) at 16.73%. This indicates that BRNT.L's price experiences larger fluctuations and is considered to be riskier than QQQ3.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRNT.L | QQQ3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.51% | 16.73% | +5.78% |
Volatility (6M)Calculated over the trailing 6-month period | 29.98% | 35.38% | -5.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 58.61% | -20.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.34% | 62.21% | -28.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.92% | 59.70% | -24.78% |