LQQ3.L vs. 3CON.L

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.L) and Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.L).

LQQ3.L and 3CON.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQQ3.L is a passively managed fund by WisdomTree that tracks the performance of the NASDAQ-100 Notional Net Total Return Index. It was launched on Dec 13, 2012. 3CON.L is a passively managed fund by Leverage Shares that tracks the performance of the iSTOXX Leveraged 3x COIN Index. It was launched on Dec 10, 2021. Both LQQ3.L and 3CON.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

LQQ3.L vs. 3CON.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.L) and Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP (3CON.L). The values are adjusted to include any dividend payments, if applicable.

LQQ3.L vs. 3CON.L - Yearly Performance Comparison

	2026 (YTD)	2025
LQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged	-18.74%	3.88%
3CON.L Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP	-75.39%	-22.24%

Returns By Period

In the year-to-date period, LQQ3.L achieves a -18.74% return, which is significantly higher than 3CON.L's -75.39% return.

LQQ3.L

• 1D: 8.79%
• 1M: -10.53%
• YTD: -18.74%
• 6M: -15.76%
• 1Y: 41.33%
• 3Y*: 42.30%
• 5Y*: 13.83%
• 10Y*: —

3CON.L

• 1D: 14.19%
• 1M: -25.63%
• YTD: -75.39%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQQ3.L vs. 3CON.L - Expense Ratio Comparison

Both LQQ3.L and 3CON.L have an expense ratio of 0.75%.

LQQ3.L

WisdomTree NASDAQ 100 3x Daily Leveraged

3CON.L

Leverage Shares 3x Long Coinbase (COIN) ETP Securities GBP

Return for Risk

LQQ3.L vs. 3CON.L — Risk / Return Rank

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

LQQ3.L

LQQ3.L Risk / Return Rank: 38
LQQ3.L Sharpe Ratio Rank: 35
LQQ3.L Sortino Ratio Rank: 44
LQQ3.L Omega Ratio Rank: 42
LQQ3.L Calmar Ratio Rank: 35
LQQ3.L Martin Ratio Rank: 32

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.

LQQ3.L vs. 3CON.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.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.

	LQQ3.L	3CON.L	Difference
Sharpe ratio Return per unit of total volatility	0.73	—	—
Sortino ratio Return per unit of downside risk	1.32	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.10	—	—
Martin ratio Return relative to average drawdown	3.36	—	—
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

	LQQ3.L	3CON.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	-0.47	+0.98

Correlation

The correlation between LQQ3.L and 3CON.L is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LQQ3.L vs. 3CON.L - Dividend Comparison

Neither LQQ3.L nor 3CON.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

LQQ3.L vs. 3CON.L - Drawdown Comparison

The maximum LQQ3.L drawdown since its inception was -79.16%, smaller than the maximum 3CON.L drawdown of -91.21%. Use the drawdown chart below to compare losses from any high point for LQQ3.L and 3CON.L.

Drawdown Indicators

	LQQ3.L	3CON.L	Difference
Max Drawdown Largest peak-to-trough decline	-79.16%	-91.21%	+12.05%
Max Drawdown (1Y) Largest decline over 1 year	-35.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-79.16%	—	—
Current Drawdown Current decline from peak	-28.72%	-87.09%	+58.37%
Average Drawdown Average peak-to-trough decline	-23.66%	-58.10%	+34.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.66%	—	—

Volatility

Volatility by Period

	LQQ3.L	3CON.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.99%	212.97%	-155.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.35%	212.97%	-153.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.57%	212.97%	-153.40%