DAGB.L vs. 3CON.L

Last updated Jun 5, 2026

DAGB.L (VanEck Digital Assets Equity UCITS ETF A USD Acc) and 3CON.L (Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP) are both exchange-traded funds - DAGB.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while 3CON.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3x COIN Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. DAGB.L charges 0.65%/yr vs 0.75%/yr for 3CON.L.

Performance

DAGB.L vs. 3CON.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) and Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DAGB.L is traded in GBP, while 3CON.L is traded in GBp. To make them comparable, the 3CON.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, DAGB.L achieves a 29.14% return, which is significantly higher than 3CON.L's -84.01% return.

DAGB.L

• 1D: -3.10%
• 1M: 0.20%
• YTD: 29.14%
• 6M: 12.28%
• 1Y: 47.75%
• 3Y*: 52.74%
• 5Y*: -1.09%
• 10Y*: —

3CON.L

• 1D: -2.95%
• 1M: -44.98%
• YTD: -84.01%
• 6M: -90.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DAGB.L vs. 3CON.L - Yearly Performance Comparison

	2026 (YTD)	2025
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc	29.14%	-4.75%
3CON.L Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP	-84.01%	-22.24%

Correlation

The correlation between DAGB.L and 3CON.L is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.70

DAGB.L vs. 3CON.L - Sectors Allocation Comparison

Sectors	DAGB.L	3CON.L
Financial Services	62.4%	100.0%
Technology	34.7%	-
Consumer Cyclical	2.9%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DAGB.L vs. 3CON.L — Risk / Return Rank

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

DAGB.L

DAGB.L Risk / Return Rank: 25
DAGB.L Sharpe Ratio Rank: 26
DAGB.L Sortino Ratio Rank: 28
DAGB.L Omega Ratio Rank: 26
DAGB.L Calmar Ratio Rank: 25
DAGB.L Martin Ratio Rank: 19

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.

DAGB.L vs. 3CON.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) and Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.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.

	DAGB.L	3CON.L	Difference
Sharpe ratio: Return per unit of total volatility	0.89	—	—
Sortino ratio: Return per unit of downside risk	1.47	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.13	—	—
Martin ratio: Return relative to average drawdown	2.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DAGB.L	3CON.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	-0.48	+0.43

Drawdowns

DAGB.L vs. 3CON.L - Drawdown Comparison

The maximum DAGB.L drawdown since its inception was -91.23%, roughly equal to the maximum 3CON.L drawdown of -91.61%. Use the drawdown chart below to compare losses from any high point for DAGB.L and 3CON.L.

Drawdown Indicators

	DAGB.L	3CON.L	Difference
Max Drawdown Largest peak-to-trough decline	-91.23%	-91.61%	+0.38%
Max Drawdown (1Y) Largest decline over 1 year	-45.63%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-58.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.23%	—	—
Current Drawdown Current decline from peak	-33.56%	-91.61%	+58.05%
Average Drawdown Average peak-to-trough decline	-57.60%	-66.94%	+9.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.31%	—	—

Volatility

Volatility by Period

	DAGB.L	3CON.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.84%	204.41%	-146.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.95%	204.41%	-132.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.78%	204.41%	-132.63%

DAGB.L vs. 3CON.L - Expense Ratio Comparison

DAGB.L has a 0.65% expense ratio, which is lower than 3CON.L's 0.75% expense ratio.

Dividends

DAGB.L vs. 3CON.L - Dividend Comparison

Neither DAGB.L nor 3CON.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DAGB.L and 3CON.L in my portfolio?

DAGB.L and 3CON.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DAGB.L or 3CON.L?

On fees, DAGB.L is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DAGB.L or 3CON.L?

DAGB.L is cheaper with a 0.65% expense ratio, compared with 0.75% for 3CON.L.

What is the main difference between DAGB.L and 3CON.L?

DAGB.L is categorized as Technology Equities, while 3CON.L is Leveraged Equities. DAGB.L tracks MSCI World/Information Tech NR USD, while 3CON.L tracks iSTOXX Leveraged 3x COIN Index. They also come from different issuers: VanEck and Leverage Shares. Their fees differ too: 0.65% for DAGB.L and 0.75% for 3CON.L.