Fundology

ETN / ETP · Leverage Shares

3GLD Leverage Shares 3x Long Gold ETP

ISIN XS2472195101London Stock Exchange: 3GLDLeverage Shares LLC

Latest close

LSE

£20.40

on

Ongoing charge
4.98% a year
Fund size
£4.6m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, 3GLD (Leverage Shares 3x Long Gold ETP, ISIN XS2472195101) closed at £20.40 on the London Stock Exchange. Its ongoing charge is 4.98% a year (about £498 on £10,000). Over the three years to 13/11/2026 its total return was +63.9%, or +48.1% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
−41.6%
−43.7% after inflation
3 years to 13/11/2026
+63.9%
+48.1% after inflation

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of Leverage Shares 3x Long Gold ETP in pounds (price, with income reinvested in the fund): 2023 +14.2%, 2024 +67.1%, 2025 +192.7%; 2026 to 12/11/2026 −49.8%. Returns of Leverage Shares 3x Long Gold ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −19.8%; to 30/09/2025: +138.3%; to 30/09/2024: +108.9%; to 30/09/2023: +1.7%.

Calendar-year returns of 3GLD, in pounds (price, with income reinvested in the fund), to 12/11/2026
YearReturnAfter inflationReturn shown as a bar
to −49.8%−51.4%
to +192.7%+182.7%
to +67.1%+61.4%
+14.2%+9.6%
Returns of 3GLD over 12-month periods to 30/09/2026, in pounds (price, with income reinvested in the fund)
12 months toReturnAfter inflation
from −19.8%−22.6%
from +138.3%+129.0%
from +108.9%+103.6%
from +1.7%−4.4%

As of , inflation: UK CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

54.3%over 3 years

Volatility, annualised from weekly returns, by period
1 year70.4%
3 years54.3%

Annualised from weekly returns. Higher means bumpier.

Largest fall since June 2022
−68.3%
From to
Lowest 12-month return
−45.1%
12 months to
Highest 12-month return
+289.8%
12 months to
Below its highest weekly close since June 2022
68.3%
High of , latest

In words: Volatility of Leverage Shares 3x Long Gold ETP in pounds, annualised from weekly returns to 12/11/2026: 70.4% over 1 year, 54.3% over 3 years. Largest fall in the price of Leverage Shares 3x Long Gold ETP since June 2022, in pounds: −68.3% from 27/02/2026 to 12/11/2026. The lowest 12-month return of Leverage Shares 3x Long Gold ETP in pounds (price, with income reinvested in the fund) since June 2022 was −45.1% (12 months to 12/11/2026); the highest was +289.8% (12 months to 27/02/2026). On 12/11/2026 the price of Leverage Shares 3x Long Gold ETP was 68.3% below its highest weekly close since June 2022 (27/02/2026), in pounds.

As of , price, with income reinvested in the fund

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
4.98%
a year
On £10,000
£498
a year, roughly
Over five years
£2,254
of £10,000, before growth
Among 211 leveraged and inverse products, share classes counted once
  • 209 charge less
  • 0 the same
  • 1 charge more

Ongoing charge of Leverage Shares 3x Long Gold ETP 4.98% a year. Compared on 13/11/2026, 1 of the 210 other leveraged and inverse products charge more, 0 the same and 209 less (share classes counted once).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

As of

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Leverage Shares 3x Long Gold ETP is an exchange-traded product from Leverage Shares, launched in 2022.

It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 4.98% a year — about £498 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.

Terms:Index fundAccumulating or incomeLeveraged ETPsShare classISIN

Key facts

Ticker
3GLD
ISIN
XS2472195101
Also listed as
3GLE (London Stock Exchange, euros), GLD3 (London Stock Exchange, US dollars)
Tracks
LBMA Gold Price PM - USD - Benchmark Price Return
Structure
ETN / ETP
An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
Income
Accumulating
Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Ongoing charge
4.98% a year · about £498 on £10,000
Fund size
£4.6m
Launched
Domicile
Ireland
UK reporting fund status
Yes — on HMRC’s list of reporting funds (list of )
Reporting fund since . What reporting fund status means
Can usually be held in
ISA and SIPP
Check with your platform: each decides which funds it offers.
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£20.40−44.9% over 1 year · closing price
3GLD closing price: £37.00 on 14/11/2025, £20.40 on 13/11/2026 (−44.9%); low £20.40, high £64.00.

Over the last year, the closing price went from £37.00 on 14/11/2025 to £20.40 on 13/11/2026 (−44.9%). The lowest close shown was £20.40 on 13/11/2026 and the highest £64.00 on 27/02/2026.

One close a week. Before 07/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.

As of , at least 15 min delayed

Five years of prices, and after inflation

231 weekly closes, from 10/06/2022 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

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How we work it out:Prices and returnsNAV and price

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 179 rolling 12-month returns since June 2022, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since June 2022, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

Questions people ask

What is the ongoing charge of 3GLD?

The ongoing charge of 3GLD is 4.98% a year — about £498 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Leverage Shares 3x Long Gold ETP 4.98% a year. Compared on 13/11/2026, 1 of the 210 other leveraged and inverse products charge more, 0 the same and 209 less (share classes counted once).

What does 3GLD track?

3GLD tracks the LBMA Gold Price PM - USD - Benchmark Price Return.

Is 3GLD accumulating or distributing?

3GLD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

What is the ISIN of 3GLD?

The ISIN of 3GLD is XS2472195101. An ISIN identifies one exact share class of a fund; 3GLD is its ticker on the London Stock Exchange. The same share class is also listed as 3GLE (London Stock Exchange, euros) and GLD3 (London Stock Exchange, US dollars).

What were 3GLD’s returns in each of the last five years?

Calendar-year returns of 3GLD in pounds (price, with income reinvested in the fund): 2023 +14.2%, 2024 +67.1%, 2025 +192.7%; 2026 to 12/11/2026 −49.8%. Past performance is not a guide to future returns.

How has 3GLD done after inflation?

Over the three years to 13/11/2026 3GLD’s total return was +63.9%, or +48.1% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More leveraged and inverse products, largest first. Size is a fact, not a verdict.

Fund documents and methods

Methodology:ReturnsCategoriesAll methods

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