Fundology

Other building blocks

Leveraged and inverse products

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

Go to the 295 funds
Funds with a price
295
Typical ongoing charge
1.25% a year · £125 on £10,000
Lowest ongoing charge
0.20% a year

How to compare leveraged and inverse products

What differs from one fund to the next. None of it says which fund to choose.

What it follows
The index a tracker copies, or the strategy a manager follows. Two funds on the same index hold much the same companies. Index funds
Ongoing charge
Taken from the fund’s value every year. 0.20% is about £20 a year on £10,000, before any platform fee. Ongoing charges figure
Income
Accumulating share classes reinvest income inside the fund; distributing ones pay it out as cash. Accumulating or distributing
Currency
Hedged share classes aim to take out currency moves against the pound; unhedged ones keep them. Currency hedging
Returns after inflation
Past returns with UK inflation (CPIH) taken out, dated and sourced. They say nothing certain about the future. How real returns are worked out
Holdings overlap
How much of two funds is the same companies at the same weights. A high figure means owning both is close to owning one. Compare two funds

Funds (295)

Showing 1–60 of 295 leveraged and inverse products, ordered by fund size, largest first. An order is not a ranking of quality.

Leveraged and inverse products: ongoing charge, returns before and after inflation, and size, ordered by fund size, largest first
FundCharge1 year5 years5y real (return over 5 years after inflation)Size
0W9JAmundi NASDAQ-100 Daily (2X) Leveraged UCITS ETF -Acc-AmundiFR0010342592ETFISASIPP0.60%+14.0%+78.8%+39.6%£931m
0WAXAmundi ETF Leveraged MSCI USA DailyAmundiFR0010755611ETFISASIPP0.50%+23.0%+112.2%+65.7%£916m
XS2DXtrackers S&P 500 2X LEVERAGED DAILY UCITS ETF Capitalisation 1CXtrackersLU0411078552ETFISASIPP0.60%+18.1%+99.8%+56.0%£427m
LQQ3WisdomTree NASDAQ 100 3x Daily LeveragedWisdomTreeIE00BLRPRL42ETPISASIPP0.75%+4.8%+36.5%+6.5%£367m
0MRTAmundi CAC 40 Daily (2X) Leveraged UCITS ETF -Acc-AmundiFR0010592014ETFISASIPP0.40%+2.5%+33.7%+4.4%£199m
0MRPMulti Units France - Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETFAmundiFR0010468983ETFISASIPP0.40%+20.4%+98.5%+55.0%£181m
3LGOWisdomTree Gold 3x Daily LeveragedWisdomTreeIE00B8HGT870ETCISASIPP0.99%−28.5%+235.0%+161.5%£167m
3LSIWisdomTree Silver 3x Daily LeveragedWisdomTreeXS3306516876ETCISASIPP0.99%−71.8%−54.3%−64.3%£152m
0MUDAmundi LevDax Daily (2x) leveraged UCITS ETF AccAmundiLU0252634307ETFISASIPP0.35%+10.6%+87.1%+46.1%£149m
3SOIWisdomTree WTI Crude Oil 3x Daily ShortWisdomTreeXS2819844387ETCISASIPP0.99%−97.7%−99.9%−99.9%£146m
XSPSXtrackers S&P 500 INVERSE DAILY SWAP UCITS ETF Capitalisation 1CXtrackersLU0322251520ETFISASIPP0.50%−8.1%−24.0%−40.7%£136m
0MRIAmundi CAC 40 Daily (-2X) Inverse UCITS ETF -Acc-AmundiFR0010411884ETFISASIPP0.60%−15.9%−52.5%−62.9%£132m
3BALWisdomTree EURO STOXX Banks 3x Daily LeveragedWisdomTreeIE00BLS09N40ETPISASIPP1.40%+64.3%+991.6%+752.0%£128m
XSDXXtrackers ShortDAX Daily Swap UCITS ETF Capitalisation 1CXtrackersLU0292106241ETFISASIPP0.40%−12.9%−35.1%−49.4%£121m
3LUSWisdomTree S&P 500 3x Daily LeveragedWisdomTreeIE00B7Y34M31ETPISASIPP0.75%+19.9%+87.0%+46.0%£118m
0WA4Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist-AmundiFR0010446658ETFISASIPP0.60%+38.7%+261.8%+182.4%£110m
3TSLLeverage Shares 3x Tesla ETPLeverage SharesXS2757381400ETPISASIPP4.78%−70.9%−99.8%−99.9%£79.8m
1OISWisdomTree WTI Crude Oil 1x Daily ShortWisdomTreeJE00B24DK975ETCISASIPP0.98%−57.5%−74.1%−79.8%£74.9m
LQQSWisdomTree NASDAQ 100 3x Daily ShortWisdomTreeIE00BLRPRJ20ETPISASIPP0.80%−40.4%−93.4%−94.8%£74.3m
0XBHAmundi IBEX 35 Doble Apalancado Diario (2x) UCITS ETF -Acc-AmundiFR0011042753ETFISASIPP0.40%+46.5%+388.3%+281.1%£70.0m
0MRSAmundi CAC 40 Daily (-1X) Inverse UCITS ETF -Acc-AmundiFR0010591362ETFISASIPP0.40%−8.6%−23.2%−40.1%£60.0m
3BSRWisdomTree Brent Crude Oil 3x Daily Short ETFWisdomTreeXS3306517098ETCISASIPP4.07%−98.0%−99.9%−99.9%£58.5m
2BULWisdomTree Gold 2x Daily LeveragedWisdomTreeJE00B2NFTL95ETCISASIPP0.98%−12.2%+184.4%+122.0%£54.2m
XSD2Xtrackers SHORTDAX X2 DAILY UCITS ETF Capitalisation 1CXtrackersLU0411075020ETFISASIPP0.60%−24.1%−67.0%−74.2%£53.0m
SBRTWisdomTree Brent Crude Oil 1x Daily ShortWisdomTreeJE00B78DPL57ETCISASIPP1.03%−55.5%−72.4%−78.5%£50.2m
XLDXXtrackers LevDAX Daily Swap UCITS ETF Capitalisation 1CXtrackersLU0411075376ETFISASIPP0.35%+10.5%+87.8%+46.6%£47.2m
3LRRGraniteShares 3x Long Rolls-Royce Daily ETPGraniteSharesXS2856106567ETPISASIPP0.99%−30.1%Not availableNot available£45.0m
3NVDLeverage Shares 3x NVIDIA ETPLeverage SharesXS2820604770ETPISASIPP3.78%−50.9%−50.6%−61.4%£43.3m
3LNGWisdomTree Natural Gas 3x Daily LeveragedWisdomTreeXS2819843900ETCISASIPP0.99%−92.0%−100.0%−100.0%£42.3m
XT2DXtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1CXtrackersLU0411078636ETFISASIPP0.70%−18.3%−59.3%−68.2%£38.1m
LSILWisdomTree Silver 2x Daily LeveragedWisdomTreeJE00B2NFTS64ETCISASIPP1.03%−38.2%+25.9%−1.7%£37.5m
MAG5Leverage Shares 5x Long Magnificent 7 ETPLeverage SharesXS2779861249ETPISASIPPNot published−33.6%Not availableNot available£36.4m
OIL2WisdomTree WTI Crude Oil 2x Daily LeveragedWisdomTreeJE00BDD9Q840ETCISASIPP1.03%+164.8%+108.5%+62.8%£35.8m
3LOIWisdomTree WTI Crude Oil 3x Daily LeveragedWisdomTreeIE00BMTM6B32ETCISASIPP0.99%+193.4%−9.3%−29.2%£33.9m
3BLRWisdomTree Brent Crude Oil 3x Daily LeveragedWisdomTreeIE00BMTM6D55ETCISASIPP0.99%+217.9%+91.1%+49.1%£32.1m
0XBEAmundi IBEX 35 Doble Inverso Diario (-2x) UCITS ETF -Acc-AmundiFR0011036268ETFISASIPP0.60%−43.3%−87.3%−90.1%£32.0m
DL2PLegal & General UCITS ETF ICAV - L&G DAX Daily 2x Long UCITS ETFL&GIE00B4QNHH68ETFISASIPP0.40%+3.4%+71.1%+33.6%£31.7m
LCOCWisdomTree Cocoa 2x Daily LeveragedWisdomTreeJE00B2NFV803ETCISASIPP1.03%−60.2%+158.9%+102.1%£31.4m
0WA5Amundi FTSE MIB Daily (-2X) Inverse UCITS ETF -Acc-AmundiFR0010446666ETFISASIPP0.60%−39.7%−85.3%−88.5%£28.9m
0MRJAmundi EURO STOXX 50 Daily (-1X) Inverse UCITS ETF -Acc-AmundiFR0010424135ETFISASIPP0.29%−16.5%−38.0%−51.6%£28.7m
3LDEWisdomTree DAX 3x Daily Leveraged ETFWisdomTreeXS3306518492ETPISASIPP0.75%+13.2%+91.5%+49.5%£28.2m
VILXWisdomTree S&P 500 VIX ShortTerm Futures 2.25x Daily LeveragedWisdomTreeXS2819843736ETPISASIPP0.99%−86.8%−100.0%−100.0%£27.3m
3HCLWisdomTree Copper 3x Daily LeveragedWisdomTreeIE00B8JVMZ80ETCISASIPP0.99%+39.4%−47.2%−58.8%£26.7m
0MRLAmundi EURO STOXX 50 Daily (-2X) Inverse UCITS ETF Act -Acc-AmundiFR0010424143ETFISASIPP0.60%−30.0%−69.5%−76.2%£26.1m
3LEUWisdomTree EURO STOXX 50 3x Daily LeveragedWisdomTreeXS3306518658ETPISASIPP0.75%+28.0%+105.3%+60.3%£24.9m
XSSXXtrackers EURO STOXX 50 SHORT DAILY UCITS ETF Capitalisation 1CXtrackersLU0292106753ETFISASIPP0.40%−16.5%−37.6%−51.3%£24.3m
0G7FXACT Bear 2XACTSE0005466505ETFNot usually ISASIPP0.60%Not available−71.7%−77.9%£24.0m
3MSTLeverage Shares 3x Long MicroStrategy ETPLeverage SharesXS3304269429ETPISASIPPNot published−98.1%Not availableNot available£23.6m
3ULSWisdomTree S&P 500 3x Daily ShortWisdomTreeIE00B8K7KM88ETPISASIPP0.80%−32.9%−84.8%−88.2%£23.4m
5QQQLeverage Shares 5x Long Nasdaq 100 ETPLeverage SharesXS2399364152ETPISASIPPNot published−19.9%Not availableNot available£20.8m
LUK2L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF GBPL&GIE00B4QNJJ23ETFISASIPP0.50%+17.2%+102.6%+58.1%£20.3m
0MS5Amundi ShortDAX Daily (-2x) Inverse UCITS ETFAmundiFR0010869495ETFISASIPP0.60%−24.0%−67.4%−74.5%£20.3m
SOX4Leverage Shares 4x Long Semiconductors ETPLeverage SharesXS2779861082ETPISASIPPNot published−22.0%Not availableNot available£19.9m
3UKLWisdomTree FTSE 100 3x Daily LeveragedWisdomTreeXS3306519896ETPISASIPP1.40%+28.4%+147.0%+92.8%£19.4m
SPL3GraniteShares 3x Short Palantir Daily ETPGraniteSharesXS3069876582ETPISASIPPNot published−85.9%Not availableNot available£18.6m
3CFLWisdomTree Coffee 3x Daily LeveragedWisdomTreeJE00BYQY3Z98ETCISASIPP1.03%−68.6%+7.6%−16.0%£18.2m
0WA3Amundi FTSE MIB Daily (-1X) Inverse UCITS ETF -Acc-AmundiFR0010446146ETFISASIPP0.60%−22.5%−56.9%−66.3%£17.3m
3STPGraniteshares 3X Short Tesla Daily ETPGraniteSharesXS3075487556ETPISASIPP0.99%−56.3%−100.0%−100.0%£16.9m
3SVPGraniteshares 3X Short Nvidia Daily ETPGraniteSharesXS2842095676ETPISASIPP4.99%−51.4%Not availableNot available£16.6m
3EMLWisdomTree Emerging Markets 3x Daily LeveragedWisdomTreeIE00BYTYHN28ETPISASIPP0.99%+5.3%−26.4%−42.6%£16.1m

As of , at least 15 min delayed

Questions people ask

What are leveraged and inverse products?

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

How many leveraged and inverse products does Fundology track?

Fundology holds a recorded closing price for 295 UK-listed leveraged and inverse products open to UK investors. The list changes as funds launch and close.

How much do leveraged and inverse products cost?

The typical (median) ongoing charge among the leveraged and inverse products Fundology tracks is 1.25% a year, about £125 a year on every £10,000. The lowest is 0.20%. The charge is taken from the fund’s value rather than billed, and a lower charge does not mean a higher return.

What is worth checking when comparing leveraged and inverse products?

The index or strategy each fund follows, its ongoing charge, whether it reinvests income or pays it out, currency hedging, its size, and how much its holdings overlap with funds already held.

How is this list ordered?

By fund size, largest first, unless another order is chosen. Size says how widely a fund is held, not how good it is, and no order on this page is a recommendation.

Ready-made mixes, property, commodities, trusts and higher-risk products.