STLAM.MI vs. 3GLE.L

Last updated Jun 5, 2026

STLAM.MI (Stellantis N.V.) is a stock, while 3GLE.L (Leverage Shares 3x Long Gold ETP Securities) is Leveraged Commodities fund actively managed by Leverage Shares. Over the past 3 years, STLAM.MI returned -20.38%/yr vs 60.73%/yr for 3GLE.L. At a correlation of -0.01, they often move in opposite directions.

Performance

STLAM.MI vs. 3GLE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Stellantis N.V. (STLAM.MI) and Leverage Shares 3x Long Gold ETP Securities (3GLE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, STLAM.MI achieves a -32.09% return, which is significantly lower than 3GLE.L's -8.68% return.

STLAM.MI

• 1D: 1.01%
• 1M: 3.95%
• YTD: -32.09%
• 6M: -36.91%
• 1Y: -25.96%
• 3Y*: -20.38%
• 5Y*: -12.48%
• 10Y*: 8.04%

3GLE.L

• 1D: 1.32%
• 1M: -7.45%
• YTD: -8.68%
• 6M: -6.42%
• 1Y: 50.37%
• 3Y*: 60.73%
• 5Y*: —
• 10Y*: —

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

STLAM.MI vs. 3GLE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STLAM.MI Stellantis N.V.	-32.09%	-18.14%	-36.40%	74.08%	6.27%
3GLE.L Leverage Shares 3x Long Gold ETP Securities	-8.68%	154.64%	78.86%	12.97%	-14.92%

Correlation

The correlation between STLAM.MI and 3GLE.L is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 14, 2022	-0.01

Return for Risk

STLAM.MI vs. 3GLE.L — Risk / Return Rank

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

STLAM.MI

STLAM.MI Risk / Return Rank: 20
STLAM.MI Sharpe Ratio Rank: 19
STLAM.MI Sortino Ratio Rank: 21
STLAM.MI Omega Ratio Rank: 21
STLAM.MI Calmar Ratio Rank: 22
STLAM.MI Martin Ratio Rank: 18

3GLE.L

3GLE.L Risk / Return Rank: 24
3GLE.L Sharpe Ratio Rank: 21
3GLE.L Sortino Ratio Rank: 24
3GLE.L Omega Ratio Rank: 29
3GLE.L Calmar Ratio Rank: 23
3GLE.L Martin Ratio Rank: 21

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.

STLAM.MI vs. 3GLE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stellantis N.V. (STLAM.MI) and Leverage Shares 3x Long Gold ETP Securities (3GLE.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.

	STLAM.MI	3GLE.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	0.66	-1.17
Sortino ratio: Return per unit of downside risk	-0.42	1.25	-1.67
Omega ratio: Gain probability vs. loss probability	0.94	1.19	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.55	1.02	-1.58
Martin ratio: Return relative to average drawdown	-1.10	2.30	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STLAM.MI vs. 3GLE.L - Sharpe Ratio Comparison

The current STLAM.MI Sharpe Ratio is -0.51, which is lower than the 3GLE.L Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of STLAM.MI and 3GLE.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.

Sharpe Ratios by Period

	STLAM.MI	3GLE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	0.66	-1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.79	-0.67

Drawdowns

STLAM.MI vs. 3GLE.L - Drawdown Comparison

The maximum STLAM.MI drawdown since its inception was -90.50%, which is greater than 3GLE.L's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for STLAM.MI and 3GLE.L.

Drawdown Indicators

	STLAM.MI	3GLE.L	Difference
Max Drawdown Largest peak-to-trough decline	-90.50%	-48.98%	-41.52%
Max Drawdown (1Y) Largest decline over 1 year	-46.89%	-48.98%	+2.09%
Max Drawdown (3Y) Largest decline over 3 years	-76.30%	-48.98%	-27.32%
Max Drawdown (5Y) Largest decline over 5 years	-76.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.30%	—	—
Current Drawdown Current decline from peak	-72.46%	-47.75%	-24.71%
Average Drawdown Average peak-to-trough decline	-41.22%	-12.44%	-28.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.58%	21.81%	+1.77%

Volatility

STLAM.MI vs. 3GLE.L - Volatility Comparison

The current volatility for Stellantis N.V. (STLAM.MI) is 11.18%, while Leverage Shares 3x Long Gold ETP Securities (3GLE.L) has a volatility of 17.81%. This indicates that STLAM.MI experiences smaller price fluctuations and is considered to be less risky than 3GLE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STLAM.MI	3GLE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.18%	17.81%	-6.63%
Volatility (6M) Calculated over the trailing 6-month period	41.73%	65.55%	-23.82%
Volatility (1Y) Calculated over the trailing 1-year period	50.85%	76.24%	-25.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.26%	52.56%	-14.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.21%	52.56%	-13.35%

Dividends

STLAM.MI vs. 3GLE.L - Dividend Comparison

Neither STLAM.MI nor 3GLE.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
3GLE.L Leverage Shares 3x Long Gold ETP Securities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STLAM.MI Stellantis N.V.	0.00%	7.19%	12.31%	6.34%	7.84%	13.52%	4.77%	14.78%	0.00%	0.00%	0.11%

Frequently Asked Questions

Can I hold both STLAM.MI and 3GLE.L in my portfolio?

STLAM.MI and 3GLE.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.