UBUD.DE vs. 3GOL.L

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) and WisdomTree Gold 3x Daily Leveraged (3GOL.L).

UBUD.DE and 3GOL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBUD.DE is a passively managed fund by UBS that tracks the performance of the Solactive Global Pure Gold Miners. It was launched on Nov 15, 2012. 3GOL.L is a passively managed fund by WisdomTree that tracks the performance of the Solactive Gold Commodity Futures SL Index (300%). It was launched on Dec 20, 2012. Both UBUD.DE and 3GOL.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

UBUD.DE vs. 3GOL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) and WisdomTree Gold 3x Daily Leveraged (3GOL.L). The values are adjusted to include any dividend payments, if applicable.

UBUD.DE vs. 3GOL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist	10.71%	144.52%	34.69%	6.34%	0.11%	-8.41%	15.71%	40.46%	-6.02%	-3.26%
3GOL.L WisdomTree Gold 3x Daily Leveraged	15.95%	196.27%	71.13%	16.66%	-8.54%	-15.05%	38.94%	48.89%	-9.17%	10.35%

Different Trading Currencies

UBUD.DE 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, UBUD.DE achieves a 10.71% return, which is significantly lower than 3GOL.L's 15.95% return. Over the past 10 years, UBUD.DE has underperformed 3GOL.L with an annualized return of 19.01%, while 3GOL.L has yielded a comparatively higher 25.29% annualized return.

UBUD.DE

• 1D: 7.28%
• 1M: -13.53%
• YTD: 10.71%
• 6M: 29.45%
• 1Y: 103.48%
• 3Y*: 50.21%
• 5Y*: 30.77%
• 10Y*: 19.01%

3GOL.L

• 1D: 10.62%
• 1M: -29.89%
• YTD: 15.95%
• 6M: 47.63%
• 1Y: 120.67%
• 3Y*: 78.51%
• 5Y*: 48.53%
• 10Y*: 25.29%

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

UBUD.DE vs. 3GOL.L - Expense Ratio Comparison

UBUD.DE has a 0.43% expense ratio, which is lower than 3GOL.L's 0.99% expense ratio.

3GOL.L

WisdomTree Gold 3x Daily Leveraged

UBUD.DE

UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist

Return for Risk

UBUD.DE vs. 3GOL.L — Risk / Return Rank

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

UBUD.DE

UBUD.DE Risk / Return Rank: 90
UBUD.DE Sharpe Ratio Rank: 93
UBUD.DE Sortino Ratio Rank: 88
UBUD.DE Omega Ratio Rank: 84
UBUD.DE Calmar Ratio Rank: 93
UBUD.DE Martin Ratio Rank: 91

3GOL.L

3GOL.L Risk / Return Rank: 80
3GOL.L Sharpe Ratio Rank: 84
3GOL.L Sortino Ratio Rank: 78
3GOL.L Omega Ratio Rank: 76
3GOL.L Calmar Ratio Rank: 85
3GOL.L Martin Ratio Rank: 76

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.

UBUD.DE vs. 3GOL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) 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.

	UBUD.DE	3GOL.L	Difference
Sharpe ratio Return per unit of total volatility	2.25	1.55	+0.70
Sortino ratio Return per unit of downside risk	2.53	1.97	+0.55
Omega ratio Gain probability vs. loss probability	1.35	1.29	+0.06
Calmar ratio Return relative to maximum drawdown	3.67	2.48	+1.19
Martin ratio Return relative to average drawdown	12.76	7.68	+5.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBUD.DE vs. 3GOL.L - Sharpe Ratio Comparison

The current UBUD.DE Sharpe Ratio is 2.25, which is higher than the 3GOL.L Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of UBUD.DE and 3GOL.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UBUD.DE	3GOL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.55	+0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.97	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.57	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.18	+0.12

Correlation

The correlation between UBUD.DE and 3GOL.L is 0.66, 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

UBUD.DE vs. 3GOL.L - Dividend Comparison

UBUD.DE's dividend yield for the trailing twelve months is around 0.50%, while 3GOL.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist	0.50%	0.40%	0.56%	1.74%	1.12%	1.15%	0.44%	0.42%	0.48%	0.46%	0.43%	1.38%
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%

Drawdowns

UBUD.DE vs. 3GOL.L - Drawdown Comparison

The maximum UBUD.DE drawdown since its inception was -57.79%, smaller than the maximum 3GOL.L drawdown of -80.67%. Use the drawdown chart below to compare losses from any high point for UBUD.DE and 3GOL.L.

Drawdown Indicators

	UBUD.DE	3GOL.L	Difference
Max Drawdown Largest peak-to-trough decline	-57.79%	-83.64%	+25.85%
Max Drawdown (1Y) Largest decline over 1 year	-28.94%	-50.15%	+21.21%
Max Drawdown (5Y) Largest decline over 5 years	-38.21%	-55.46%	+17.25%
Max Drawdown (10Y) Largest decline over 10 years	-50.40%	-63.92%	+13.52%
Current Drawdown Current decline from peak	-13.85%	-36.24%	+22.39%
Average Drawdown Average peak-to-trough decline	-28.17%	-60.79%	+32.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	15.85%	-7.53%

Volatility

UBUD.DE vs. 3GOL.L - Volatility Comparison

The current volatility for UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) is 18.81%, while WisdomTree Gold 3x Daily Leveraged (3GOL.L) has a volatility of 36.39%. This indicates that UBUD.DE 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

	UBUD.DE	3GOL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	36.39%	-17.58%
Volatility (6M) Calculated over the trailing 6-month period	38.95%	67.94%	-28.99%
Volatility (1Y) Calculated over the trailing 1-year period	45.70%	77.37%	-31.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.08%	50.11%	-15.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.66%	46.73%	-11.07%