DHS.L vs. 3USL.L
DHS.L (WisdomTree US High Dividend UCITS ETF USD (Dist)) and 3USL.L (WisdomTree S&P 500 3x Daily Leveraged GB) are both exchange-traded funds - DHS.L is a Dividend fund tracking the WisdomTree US High Dividend UCITS Index, 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, DHS.L returned 9.13%/yr vs 27.09%/yr for 3USL.L. A 0.59 correlation means they provide meaningful diversification when combined. DHS.L charges 0.29%/yr vs 0.75%/yr for 3USL.L.
Performance
DHS.L vs. 3USL.L - Performance Comparison
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Different Trading Currencies
DHS.L is traded in GBp, while 3USL.L is traded in USD. To make them comparable, the 3USL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DHS.L achieves a 12.15% return, which is significantly lower than 3USL.L's 22.09% return. Over the past 10 years, DHS.L has underperformed 3USL.L with an annualized return of 9.13%, while 3USL.L has yielded a comparatively higher 27.09% annualized return.
DHS.L
- 1D
- -0.35%
- 1M
- 1.99%
- 6M
- 8.98%
- YTD
- 12.15%
- 1Y
- 21.91%
- 3Y*
- 16.07%
- 5Y*
- 12.35%
- 10Y*
- 9.13%
3USL.L
- 1D
- -0.40%
- 1M
- -1.99%
- 6M
- 20.86%
- YTD
- 22.09%
- 1Y
- 51.48%
- 3Y*
- 41.04%
- 5Y*
- 20.16%
- 10Y*
- 27.09%
DHS.L vs. 3USL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 12.15% | 4.77% | 20.38% | -4.02% | 19.92% | 25.61% | -7.64% | 18.85% | -2.86% | 1.32% |
3USL.L WisdomTree S&P 500 3x Daily Leveraged GB | 22.09% | 19.79% | 66.85% | 61.98% | -52.28% | 103.69% | 4.73% | 90.42% | -21.85% | 52.42% |
Correlation
The correlation between DHS.L and 3USL.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2014 | 0.59 |
Over the past year, the correlation between DHS.L and 3USL.L has dropped to 0.20 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
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Return for Risk
DHS.L vs. 3USL.L — Risk / Return Rank
DHS.L
3USL.L
DHS.L vs. 3USL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.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.
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.
| DHS.L | 3USL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.26 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 2.05 | +1.53 |
| Martin ratioReturn relative to average drawdown | 12.31 | 7.22 | +5.08 |
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Drawdowns
DHS.L vs. 3USL.L - Drawdown Comparison
The maximum DHS.L drawdown since its inception was -38.98%, smaller than the maximum 3USL.L drawdown of -73.93%. Use the drawdown chart below to compare losses from any high point for DHS.L and 3USL.L.
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Drawdown Indicators
| DHS.L | 3USL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.98% | -73.93% | +34.95% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | -25.03% | +18.63% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -49.78% | +32.28% |
Max Drawdown (5Y)Largest decline over 5 years | -18.39% | -55.89% | +37.50% |
Max Drawdown (10Y)Largest decline over 10 years | -28.93% | -73.93% | +45.00% |
Current DrawdownCurrent decline from peak | -1.32% | -4.26% | +2.94% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -13.86% | +4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 7.11% | -5.25% |
Volatility
DHS.L vs. 3USL.L - Volatility Comparison
The current volatility for WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L) is 2.57%, while WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a volatility of 8.63%. This indicates that DHS.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.
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Volatility by Period
| DHS.L | 3USL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.57% | 8.63% | -6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.13% | 26.94% | -18.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.53% | 34.91% | -24.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 45.63% | -31.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.89% | 46.94% | -32.05% |
DHS.L vs. 3USL.L - Expense Ratio Comparison
DHS.L has a 0.29% expense ratio, which is lower than 3USL.L's 0.75% expense ratio.
Dividends
DHS.L vs. 3USL.L - Dividend Comparison
DHS.L's dividend yield for the trailing twelve months is around 2.63%, while 3USL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3USL.L WisdomTree S&P 500 3x Daily Leveraged GB | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 2.63% | 2.89% | 5.19% | 5.19% | 2.83% | 2.87% | 5.63% | 4.86% | 3.06% | 2.70% | 2.51% | 2.46% |
Frequently Asked Questions
DHS.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, DHS.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DHS.L is cheaper with a 0.29% expense ratio, compared with 0.75% for 3USL.L.
DHS.L is categorized as Dividend, while 3USL.L is Leveraged Equities. DHS.L tracks WisdomTree US High Dividend UCITS Index, while 3USL.L tracks S&P 500 Net Total Returns Index. Their fees differ too: 0.29% for DHS.L and 0.75% for 3USL.L.
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