PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CORN.L vs. 3USL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CORN.L vs. 3USL.L

Last updated Jun 5, 2026

CORN.L (WisdomTree Corn) and 3USL.L (WisdomTree S&P 500 3x Daily Leveraged GB) are both exchange-traded funds - CORN.L is a Agricultural Commodities fund tracking the Bloomberg Corn, 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, CORN.L returned -4.47%/yr vs 28.49%/yr for 3USL.L. At a 0.05 correlation, their price movements are largely independent. CORN.L charges 0.49%/yr vs 0.75%/yr for 3USL.L.

Performance

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

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

Loading charts...

Returns By Period

In the year-to-date period, CORN.L achieves a -6.79% return, which is significantly lower than 3USL.L's 25.13% return. Over the past 10 years, CORN.L has underperformed 3USL.L with an annualized return of -4.47%, while 3USL.L has yielded a comparatively higher 28.49% annualized return.

CORN.L

1D
-2.89%
1M
-11.26%
YTD
-6.79%
6M
-8.17%
1Y
-11.29%
3Y*
-14.04%
5Y*
-7.85%
10Y*
-4.47%

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)

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

2026 (YTD)202520242023202220212020201920182017
CORN.L
WisdomTree Corn		-6.79%-10.19%-12.88%-18.82%20.72%35.07%10.51%-6.51%-5.50%-12.06%
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 CORN.L and 3USL.L is -0.20, 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

-0.20

Correlation (3Y)
Calculated over the trailing 3-year period

-0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (10Y)
Calculated over the trailing 10-year period

0.04

Correlation (All Time)
Calculated using the full available price history since May 14, 2013

0.05

The correlation between CORN.L and 3USL.L shifts across timeframes, from -0.20 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

CORN.L vs. 3USL.L - Sectors Allocation Comparison

Sectors
CORN.L
3USL.L

Financial Services

100.0%
12.6%

Basic Materials

-

1.5%

Communication Services

-

10.4%

Consumer Cyclical

-

10.7%

Consumer Defensive

-

4.7%

Energy

-

2.8%

Healthcare

-

9.0%

Industrials

-

7.4%

Real Estate

-

1.8%

Technology

-

36.9%

Utilities

-

2.3%

Financial Services

CORN.L
100.0%
3USL.L
12.6%

Basic Materials

CORN.L

-

3USL.L
1.5%

Communication Services

CORN.L

-

3USL.L
10.4%

Consumer Cyclical

CORN.L

-

3USL.L
10.7%

Consumer Defensive

CORN.L

-

3USL.L
4.7%

Energy

CORN.L

-

3USL.L
2.8%

Healthcare

CORN.L

-

3USL.L
9.0%

Industrials

CORN.L

-

3USL.L
7.4%

Real Estate

CORN.L

-

3USL.L
1.8%

Technology

CORN.L

-

3USL.L
36.9%

Utilities

CORN.L

-

3USL.L
2.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Corn

WisdomTree S&P 500 3x Daily Leveraged GB

Often compared with CORN.L:
CORN.L vs. CATL.LCORN.L vs. WEAT.LCORN.L vs. SOYB.LCORN.L vs. AIGG.LCORN.L vs. COTN.LCORN.L vs. AIGA.LCORN.L vs. FAGR.L
Often compared with 3USL.L:
3USL.L vs. UPRO3USL.L vs. TQQQ3USL.L vs. RMQAX3USL.L vs. VUAA.L3USL.L vs. CL2.F3USL.L vs. QQQ3USL.L vs. ^GSPC

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CORN.L
CORN.L Risk / Return Rank: 33
Overall Rank
CORN.L Sharpe Ratio Rank: 44
Sharpe Ratio Rank
CORN.L Sortino Ratio Rank: 44
Sortino Ratio Rank
CORN.L Omega Ratio Rank: 44
Omega Ratio Rank
CORN.L Calmar Ratio Rank: 22
Calmar Ratio Rank
CORN.L Martin Ratio Rank: 00
Martin Ratio Rank
3USL.L
3USL.L Risk / Return Rank: 6565
Overall Rank
3USL.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
3USL.L Sortino Ratio Rank: 6464
Sortino Ratio Rank
3USL.L Omega Ratio Rank: 6060
Omega Ratio Rank
3USL.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
3USL.L Martin Ratio Rank: 6767
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Corn (CORN.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.

CORN.L3USL.LDifference
Sharpe ratioReturn per unit of total volatility
-0.62
2.25

-2.87

Sortino ratioReturn per unit of downside risk
-0.76
2.94

-3.70

Omega ratioGain probability vs. loss probability

0.91

1.36

-0.45

Calmar ratioReturn relative to maximum drawdown

-0.84

3.06

-3.90

Martin ratioReturn relative to average drawdown

-1.73

12.28

-14.01

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current CORN.L Sharpe Ratio is -0.62, which is lower than the 3USL.L Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of CORN.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.

Loading charts...

Sharpe Ratios by Period

CORN.L3USL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.62

2.25

-2.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.33

0.47

-0.80

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.20

0.59

-0.78

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.11

0.60

-0.71

Drawdowns

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

The maximum CORN.L drawdown since its inception was -83.80%, which is greater than 3USL.L's maximum drawdown of -76.72%. Use the drawdown chart below to compare losses from any high point for CORN.L and 3USL.L.

Loading charts...

Drawdown Indicators

CORN.L3USL.LDifference

Max Drawdown

Largest peak-to-trough decline

-83.80%

-76.72%

-7.08%

Max Drawdown (1Y)

Largest decline over 1 year

-13.44%

-25.29%

+11.85%

Max Drawdown (3Y)

Largest decline over 3 years

-46.84%

-48.69%

+1.85%

Max Drawdown (5Y)

Largest decline over 5 years

-49.13%

-63.47%

+14.34%

Max Drawdown (10Y)

Largest decline over 10 years

-56.00%

-76.72%

+20.72%

Current Drawdown

Current decline from peak

-77.23%

-1.82%

-75.41%

Average Drawdown

Average peak-to-trough decline

-58.83%

-15.26%

-43.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.53%

6.31%

+0.22%

Volatility

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

The current volatility for WisdomTree Corn (CORN.L) is 8.00%, while WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a volatility of 9.42%. This indicates that CORN.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.

Loading charts...

Volatility by Period

CORN.L3USL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.00%

9.42%

-1.42%

Volatility (6M)

Calculated over the trailing 6-month period

13.60%

25.26%

-11.66%

Volatility (1Y)

Calculated over the trailing 1-year period

18.05%

34.36%

-16.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.45%

47.39%

-23.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.59%

48.51%

-25.92%

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

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

Dividends

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

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

Tickers have no history of dividend payments

Frequently Asked Questions

CORN.L and 3USL.L have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

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

Portfolio Optimizer

Find the right allocation for CORN.L and 3USL.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