WisdomTree Gold 3x Daily Leveraged

ISIN IE00B8HGT870

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Ticker 3GOL

TER
0.99% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
39 m
  • This product does only have marketing distribution rights for Austria, Belgium, Germany, Spain, France, Ireland, Italy, Netherlands.
 

Overview

Description

The product tracks the three times leveraged performance of futures contracts on gold.
 
The ETC's TER (total expense ratio) amounts to 0.99% p.a.. The ETC replicates the performance of the underlying index synthetically with a swap.
 
The WisdomTree Gold 3x Daily Leveraged is a small ETC with 39m GBP assets under management. The ETC was launched on 20 December 2012 and is domiciled in Ireland.
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Leverage strategy

Chart

Basics

Data

Index
Gold Future Leverage (3x)
Investment focus
Precious Metals, Gold Future Leverage (3x)
Fund size
GBP 39 m
Total expense ratio
0.99% p.a.
Replication Synthetic (Swap-based)
Legal structure ETC
Strategy risk Leverage
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
42.53%
Inception/ Listing Date 20 December 2012
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider WisdomTree
Germany Unknown
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

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This section provides you with information on other ETCs with a similar investment focus to the WisdomTree Gold 3x Daily Leveraged.
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How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD +87.14%
1 month -2.95%
3 months +28.62%
6 months +30.58%
1 year +100.19%
3 years +105.99%
5 years +134.24%
Since inception (MAX) +90.37%
2023 +12.97%
2022 -4.74%
2021 +16.32%
2020 +0.00%

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 42.53%
Volatility 3 years 41.67%
Volatility 5 years 37.86%
Return per risk 1 year 2.35
Return per risk 3 years 0.65
Return per risk 5 years 0.49
Maximum drawdown 1 year -21.52%
Maximum drawdown 3 years -46.66%
Maximum drawdown 5 years -46.66%
Maximum drawdown since inception -69.00%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
XETRA EUR PCFP -
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gettex EUR PCFP -
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Borsa Italiana EUR 3GOL -
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London Stock Exchange GBX 3LGO -
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London Stock Exchange USD 3GOL -
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Frequently asked questions

What is the name of 3GOL?

The name of 3GOL is WisdomTree Gold 3x Daily Leveraged.

What is the ticker of WisdomTree Gold 3x Daily Leveraged?

The primary ticker of WisdomTree Gold 3x Daily Leveraged is 3GOL.

What is the ISIN of WisdomTree Gold 3x Daily Leveraged?

The ISIN of WisdomTree Gold 3x Daily Leveraged is IE00B8HGT870.

What are the costs of WisdomTree Gold 3x Daily Leveraged?

The total expense ratio (TER) of WisdomTree Gold 3x Daily Leveraged amounts to 0.99% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of WisdomTree Gold 3x Daily Leveraged?

The fund size of WisdomTree Gold 3x Daily Leveraged is 39m GBP. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.