TLTI.L vs. 3GOE.L
TLTI.L (IncomeShares 20+ Year Treasury (TLT) Options ETP) and 3GOE.L (Leverage Shares 3x Alphabet ETP Scs) are both exchange-traded funds - TLTI.L is a Derivative Income fund actively managed by Leverage Shares, while 3GOE.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 3X GOOG Index. TLTI.L is actively managed, while 3GOE.L is passively managed. Over the past year, TLTI.L returned 1.07% vs 462.01% for 3GOE.L. At a correlation of -0.03, they often move in opposite directions. TLTI.L charges 0.55%/yr vs 0.75%/yr for 3GOE.L.
Performance
TLTI.L vs. 3GOE.L - Performance Comparison
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Returns By Period
In the year-to-date period, TLTI.L achieves a -1.11% return, which is significantly lower than 3GOE.L's 36.76% return.
TLTI.L
- 1D
- -0.46%
- 1M
- -2.42%
- 6M
- -2.18%
- YTD
- -1.11%
- 1Y
- 1.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3GOE.L
- 1D
- 0.00%
- 1M
- 5.19%
- 6M
- 17.03%
- YTD
- 36.76%
- 1Y
- 462.01%
- 3Y*
- 96.84%
- 5Y*
- 23.04%
- 10Y*
- —
TLTI.L vs. 3GOE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TLTI.L IncomeShares 20+ Year Treasury (TLT) Options ETP | -1.11% | 9,999.74% |
3GOE.L Leverage Shares 3x Alphabet ETP Scs | 36.76% | 350.80% |
Correlation
The correlation between TLTI.L and 3GOE.L is -0.02, 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 | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | -0.03 |
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Return for Risk
TLTI.L vs. 3GOE.L — Risk / Return Rank
TLTI.L
3GOE.L
TLTI.L vs. 3GOE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L) and Leverage Shares 3x Alphabet ETP Scs (3GOE.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.
| TLTI.L | 3GOE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.96 | ||
| Sortino ratioReturn per unit of downside risk | -3.69 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.50 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 9.03 | -8.95 |
| Martin ratioReturn relative to average drawdown | 0.11 | 24.30 | -24.19 |
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Drawdowns
TLTI.L vs. 3GOE.L - Drawdown Comparison
The maximum TLTI.L drawdown since its inception was -30.03%, smaller than the maximum 3GOE.L drawdown of -88.62%. Use the drawdown chart below to compare losses from any high point for TLTI.L and 3GOE.L.
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Drawdown Indicators
| TLTI.L | 3GOE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.03% | -88.62% | +58.59% |
Max Drawdown (1Y)Largest decline over 1 year | -30.03% | -51.18% | +21.15% |
Max Drawdown (3Y)Largest decline over 3 years | — | -69.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -88.62% | — |
Current DrawdownCurrent decline from peak | -28.96% | -23.10% | -5.86% |
Average DrawdownAverage peak-to-trough decline | -19.51% | -43.05% | +23.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.24% | 19.01% | +4.23% |
Volatility
TLTI.L vs. 3GOE.L - Volatility Comparison
The current volatility for IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L) is 3.39%, while Leverage Shares 3x Alphabet ETP Scs (3GOE.L) has a volatility of 29.87%. This indicates that TLTI.L experiences smaller price fluctuations and is considered to be less risky than 3GOE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLTI.L | 3GOE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 29.87% | -26.48% |
Volatility (6M)Calculated over the trailing 6-month period | 7.01% | 63.21% | -56.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.10% | 92.11% | -50.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9,800.84% | 90.94% | +9,709.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9,800.84% | 88.95% | +9,711.89% |
TLTI.L vs. 3GOE.L - Expense Ratio Comparison
TLTI.L has a 0.55% expense ratio, which is lower than 3GOE.L's 0.75% expense ratio.
Dividends
TLTI.L vs. 3GOE.L - Dividend Comparison
TLTI.L's dividend yield for the trailing twelve months is around 10.39%, while 3GOE.L has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
3GOE.L Leverage Shares 3x Alphabet ETP Scs | 0.00% | 0.00% |
TLTI.L IncomeShares 20+ Year Treasury (TLT) Options ETP | 10.39% | 2.73% |
Frequently Asked Questions
TLTI.L and 3GOE.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TLTI.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TLTI.L is cheaper with a 0.55% expense ratio, compared with 0.75% for 3GOE.L.
TLTI.L is categorized as Derivative Income, while 3GOE.L is Leveraged Equities. Their fees differ too: 0.55% for TLTI.L and 0.75% for 3GOE.L.
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