METY.L vs. 3PLT.L
METY.L (IncomeShares META Options ETP) and 3PLT.L (Leverage Shares 3x Palantir ETP Securities) are both exchange-traded funds - METY.L is a Derivative Income fund actively managed by Leverage Shares, while 3PLT.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3x PLTR Index. METY.L is actively managed, while 3PLT.L is passively managed. Over the past year, METY.L returned -23.21% vs -50.71% for 3PLT.L. At a 0.35 correlation, their price movements are largely independent. METY.L charges 0.55%/yr vs 0.75%/yr for 3PLT.L.
Performance
METY.L vs. 3PLT.L - Performance Comparison
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Different Trading Currencies
METY.L is traded in USD, while 3PLT.L is traded in GBp. To make them comparable, the 3PLT.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, METY.L achieves a -18.12% return, which is significantly higher than 3PLT.L's -69.45% return.
METY.L
- 1D
- 3.19%
- 1M
- 6.11%
- YTD
- -18.12%
- 6M
- -16.59%
- 1Y
- -23.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3PLT.L
- 1D
- -6.02%
- 1M
- 0.10%
- YTD
- -69.45%
- 6M
- -69.43%
- 1Y
- -50.71%
- 3Y*
- 142.29%
- 5Y*
- —
- 10Y*
- —
METY.L vs. 3PLT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
METY.L IncomeShares META Options ETP | -18.12% | 6.34% | 4.47% |
3PLT.L Leverage Shares 3x Palantir ETP Securities | -69.45% | 173.40% | 535.48% |
Correlation
The correlation between METY.L and 3PLT.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024 | 0.35 |
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Return for Risk
METY.L vs. 3PLT.L — Risk / Return Rank
METY.L
3PLT.L
METY.L vs. 3PLT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares META Options ETP (METY.L) and Leverage Shares 3x Palantir ETP Securities (3PLT.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.
| METY.L | 3PLT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.05 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.59 | +0.02 |
| Martin ratioReturn relative to average drawdown | -1.10 | -0.96 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| METY.L | 3PLT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.79 | -0.34 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.18 | -0.16 | -0.02 |
Drawdowns
METY.L vs. 3PLT.L - Drawdown Comparison
The maximum METY.L drawdown since its inception was -39.94%, smaller than the maximum 3PLT.L drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for METY.L and 3PLT.L.
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Drawdown Indicators
| METY.L | 3PLT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.94% | -99.90% | +59.96% |
Max Drawdown (1Y)Largest decline over 1 year | -39.94% | -85.07% | +45.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -86.23% | — |
Current DrawdownCurrent decline from peak | -32.46% | -88.36% | +55.90% |
Average DrawdownAverage peak-to-trough decline | -14.37% | -85.14% | +70.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.02% | 52.57% | -31.55% |
Volatility
METY.L vs. 3PLT.L - Volatility Comparison
The current volatility for IncomeShares META Options ETP (METY.L) is 7.07%, while Leverage Shares 3x Palantir ETP Securities (3PLT.L) has a volatility of 50.63%. This indicates that METY.L experiences smaller price fluctuations and is considered to be less risky than 3PLT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| METY.L | 3PLT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.07% | 50.63% | -43.56% |
Volatility (6M)Calculated over the trailing 6-month period | 22.68% | 110.08% | -87.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.19% | 150.58% | -121.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.39% | 194.62% | -164.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.39% | 194.62% | -164.23% |
METY.L vs. 3PLT.L - Expense Ratio Comparison
METY.L has a 0.55% expense ratio, which is lower than 3PLT.L's 0.75% expense ratio.
Dividends
METY.L vs. 3PLT.L - Dividend Comparison
METY.L's dividend yield for the trailing twelve months is around 18.81%, while 3PLT.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
3PLT.L Leverage Shares 3x Palantir ETP Securities | 0.00% | 0.00% | 0.00% |
METY.L IncomeShares META Options ETP | 18.81% | 19.94% | 3.15% |
Frequently Asked Questions
METY.L and 3PLT.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, METY.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
METY.L is cheaper with a 0.55% expense ratio, compared with 0.75% for 3PLT.L.
METY.L is categorized as Derivative Income, while 3PLT.L is Leveraged Equities. Their fees differ too: 0.55% for METY.L and 0.75% for 3PLT.L.
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