LI.PA vs. 3GOL.L

Last updated Jun 30, 2026

LI.PA (Klepierre SA) 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, LI.PA returned 4.49%/yr vs 14.93%/yr for 3GOL.L. At a 0.01 correlation, their price movements are largely independent.

Performance

LI.PA vs. 3GOL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Klepierre SA (LI.PA) and WisdomTree Gold 3x Daily Leveraged (3GOL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LI.PA is traded in EUR, while 3GOL.L is traded in USD. To make them comparable, the 3GOL.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LI.PA achieves a 13.10% return, which is significantly higher than 3GOL.L's -34.68% return. Over the past 10 years, LI.PA has underperformed 3GOL.L with an annualized return of 4.49%, while 3GOL.L has yielded a comparatively higher 14.93% annualized return.

LI.PA

• 1D: -0.22%
• 1M: 5.94%
• YTD: 13.10%
• 6M: 13.10%
• 1Y: 18.90%
• 3Y*: 25.82%
• 5Y*: 18.65%
• 10Y*: 4.49%

3GOL.L

• 1D: -4.66%
• 1M: -32.87%
• YTD: -34.68%
• 6M: -37.75%
• 1Y: 29.26%
• 3Y*: 54.94%
• 5Y*: 30.94%
• 10Y*: 14.93%

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

LI.PA vs. 3GOL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LI.PA Klepierre SA	13.10%	28.66%	21.24%	24.35%	11.69%	13.38%	-42.28%	29.96%	-22.08%	3.31%
3GOL.L WisdomTree Gold 3x Daily Leveraged	-34.68%	196.27%	71.10%	16.67%	-8.54%	-15.74%	38.42%	50.69%	-8.31%	9.71%

Correlation

The correlation between LI.PA and 3GOL.L is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Dec 20, 2012	0.01

Return for Risk

LI.PA vs. 3GOL.L — Risk / Return Rank

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

LI.PA

LI.PA Risk / Return Rank: 73
LI.PA Sharpe Ratio Rank: 77
LI.PA Sortino Ratio Rank: 72
LI.PA Omega Ratio Rank: 71
LI.PA Calmar Ratio Rank: 74
LI.PA Martin Ratio Rank: 72

3GOL.L

3GOL.L Risk / Return Rank: 15
3GOL.L Sharpe Ratio Rank: 13
3GOL.L Sortino Ratio Rank: 18
3GOL.L Omega Ratio Rank: 19
3GOL.L Calmar Ratio Rank: 13
3GOL.L Martin Ratio Rank: 13

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.

LI.PA vs. 3GOL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Klepierre SA (LI.PA) 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.

	LI.PA	3GOL.L	Difference
Sharpe ratio: Return per unit of total volatility	1.15	0.38	+0.77
Sortino ratio: Return per unit of downside risk	1.71	0.99	+0.73
Omega ratio: Gain probability vs. loss probability	1.21	1.14	+0.08
Calmar ratio: Return relative to maximum drawdown	1.68	0.46	+1.22
Martin ratio: Return relative to average drawdown	3.65	1.10	+2.55

LI.PA vs. 3GOL.L - Sharpe Ratio Comparison

The current LI.PA Sharpe Ratio is 1.15, which is higher than the 3GOL.L Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of LI.PA and 3GOL.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.

Drawdowns

LI.PA vs. 3GOL.L - Drawdown Comparison

The maximum LI.PA drawdown since its inception was -78.40%, roughly equal to the maximum 3GOL.L drawdown of -81.04%. Use the drawdown chart below to compare losses from any high point for LI.PA and 3GOL.L.

Drawdown Indicators

	LI.PA	3GOL.L	Difference
Max Drawdown Largest peak-to-trough decline	-78.40%	-81.04%	+2.64%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-63.00%	+51.92%
Max Drawdown (3Y) Largest decline over 3 years	-13.27%	-63.00%	+49.73%
Max Drawdown (5Y) Largest decline over 5 years	-28.92%	-63.00%	+34.08%
Max Drawdown (10Y) Largest decline over 10 years	-71.00%	-63.00%	-8.00%
Current Drawdown Current decline from peak	-0.22%	-62.88%	+62.66%
Average Drawdown Average peak-to-trough decline	-25.53%	-56.40%	+30.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.14%	26.43%	-21.29%

Volatility

LI.PA vs. 3GOL.L - Volatility Comparison

The current volatility for Klepierre SA (LI.PA) is 4.72%, while WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a volatility of 26.48%. This indicates that LI.PA 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.

Volatility by Period

	LI.PA	3GOL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	26.48%	-21.76%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	69.15%	-55.67%
Volatility (1Y) Calculated over the trailing 1-year period	16.30%	76.98%	-60.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.88%	51.57%	-25.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.65%	46.24%	-10.59%

Dividends

LI.PA vs. 3GOL.L - Dividend Comparison

LI.PA's dividend yield for the trailing twelve months is around 5.05%, while 3GOL.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3GOL.L WisdomTree Gold 3x Daily Leveraged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LI.PA Klepierre SA	5.05%	5.48%	6.47%	7.09%	7.90%	0.00%	5.98%	3.10%	7.27%	4.96%	4.55%	3.90%

Frequently Asked Questions

Can I hold both LI.PA and 3GOL.L in my portfolio?

LI.PA and 3GOL.L have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.