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 61–120 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
0DNZXtrackers II ITRAXX CROSSOVER SHORT DAILY UCITS ETF Capitalisation 1CXtrackersLU0321462870ETFISASIPP0.24%−8.1%−20.2%−37.7%£15.9m
3LGSWisdomTree Natural Gas 3x Daily ShortWisdomTreeXS2819843223ETCISASIPP0.99%+2.0%−95.9%−96.8%£15.9m
LPLAWisdomTree Platinum 2x Daily LeveragedWisdomTreeJE00B2NFV134ETCISASIPP1.03%−33.1%−12.5%−31.7%£15.9m
0MS7Amundi German Bund Daily (-2x) Inverse UCITS ETF -Acc-AmundiFR0010869578ETFISASIPP0.20%+3.7%+68.3%+31.4%£15.8m
0XBBAmundi Italy BTP Daily (-2x) Inverse UCITS ETF -Acc-AmundiFR0011023621ETFISASIPP0.40%+4.6%+25.7%−1.9%£15.6m
3SDEWisdomTree DAX 3x Daily Short ETFWisdomTreeXS3306517338ETPISASIPP1.43%−38.4%−87.9%−90.5%£15.2m
SCLQCoreShares Short Contango Long Equity ETPIncomeSharesXS3337375078ETPISASIPP1.00%Not availableNot availableNot available£14.9m
5TLTLeverage Shares 5x Long 20+ Year Treasury Bond ETPLeverage SharesXS2595672036ETPISASIPPNot published−46.2%Not availableNot available£14.4m
2BRTWisdomTree Brent Crude Oil 2x Daily LeveragedWisdomTreeJE00BDD9QD91ETCISASIPP0.98%+173.1%+154.2%+98.4%£14.2m
3GOOLeverage Shares 3x Alphabet ETPLeverage SharesIE00BK5BZX59ETPISASIPP3.78%−35.7%−25.5%−41.9%£14.2m
DS2PLegal & General UCITS ETF ICAV - L&G DAX Daily 2x Short UCITS ETF EURL&GIE00B4QNHZ41ETFISASIPP0.60%−21.5%−67.7%−74.8%£13.9m
3MSFLeverage Shares 3x Microsoft ETPLeverage SharesIE00BK5BZV36ETPISASIPP3.78%−18.4%−5.8%−26.4%£13.7m
3WHLWisdomTree Wheat 3x Daily LeveragedWisdomTreeJE00BYQY8102ETCISASIPP0.98%−20.1%−98.5%−98.9%£13.6m
3LTPGraniteShares 3X Long Tesla Daily ETPGraniteSharesXS2656472193ETPISASIPPNot published−71.1%Not availableNot available£13.5m
3LVPGraniteShares 3X Long Nvidia Daily ETP USDGraniteSharesXS2734938835ETPISASIPP4.94%−51.8%−52.3%−62.8%£11.9m
SQQQLeverage Shares -5x Short Nasdaq 100 ETPLeverage SharesXS3373449761ETPISASIPP4.78%−70.8%Not availableNot available£11.2m
3AMDLeverage Shares 3x AMD ETPLeverage SharesXS2337090422ETPISASIPP3.78%+70.8%−86.4%−89.4%£10.8m
2PALWisdomTree Palladium 2x Daily LeveragedWisdomTreeIE00B94QLN63ETCISASIPP0.95%−66.0%−94.2%−95.5%£10.8m
3PLTLeverage Shares 3x Palantir ETPLeverage SharesXS2663694680ETPISASIPP3.75%−74.0%−85.3%−88.6%£10.4m
5LUSWisdomTree S&P 500 5x Daily Leveraged Securities ETFWisdomTreeXS2771643025ETPISASIPPNot published+17.6%Not availableNot available£10.3m
3GDXLeverage Shares 3x Long Gold Miners ETPLeverage SharesXS2399369896ETPISASIPPNot published−22.2%Not availableNot available£10.3m
3SLVLeverage Shares 3x Long Silver ETPLeverage SharesXS2472195952ETPISASIPP1.51%−72.0%Not availableNot available£10.1m
3CONLeverage Shares 3x Long Coinbase ETPLeverage SharesXS2399367254ETPISASIPP4.78%−98.2%Not availableNot available£9.7m
2MULeverage Shares 2x Micron Technology ETPLeverage SharesIE00BKT66K01ETPISASIPP2.28%+327.5%+1,123.5%+855.0%£8.5m
3UKSWisdomTree FTSE 100 3x Daily ShortWisdomTreeIE00B7VB3908ETPISASIPP0.80%−32.5%−79.6%−84.1%£8.5m
3SSIWisdomTree Silver 3x Daily ShortWisdomTreeXS3306517924ETCISASIPP0.99%−93.2%−99.8%−99.8%£8.0m
3SGOWisdomTree Gold 3x Daily ShortWisdomTreeIE00B6X4BP29ETCISASIPP0.99%−34.9%−93.8%−95.2%£7.8m
3LMPGraniteshares 3X Long MSFT Daily ETPGraniteSharesXS2662640627ETPISASIPP1.25%−15.9%+1.8%−20.5%£7.6m
3BABLeverage Shares 3x Alibaba ETPLeverage SharesXS2337090851ETPISASIPP3.78%−86.6%−99.6%−99.7%£7.5m
SQS5WisdomTree NASDAQ 100 5x Daily Short ETFWisdomTreeXS2771611840ETPISASIPPNot published−66.0%Not availableNot available£7.3m
2NGAWisdomTree Natural Gas 2x Daily LeveragedWisdomTreeJE00BDD9Q956ETCISASIPP1.30%−74.2%Not availableNot available£7.2m
3LESWisdomTree EURO STOXX 50 3x Daily ShortWisdomTreeXS3306517502ETPISASIPP1.11%−44.9%−88.6%−91.1%£7.2m
3SULWisdomTree Sugar 3x Daily LeveragedWisdomTreeJE00BYQY7H96ETCISASIPP0.98%+38.2%−57.5%−66.8%£7.0m
3TYLWisdomTree US Treasuries 10Y 3x Daily LeveragedWisdomTreeIE00BKT09032ETPISASIPP0.30%−14.0%−46.2%−58.0%£6.9m
MOL3GraniteShares 3x Long Moderna Daily ETP Securities - Cap USD - IrelandGraniteSharesXS3069877556ETPISASIPPNot published+3,982.5%Not availableNot available£6.8m
XUKSXtrackers FTSE 100 SHORT DAILY UCITS ETF Capitalisation 1CXtrackersLU0328473581ETFISASIPP0.50%−7.1%−24.4%−41.0%£6.8m
LQS5WisdomTree NASDAQ 100 5x Daily LeveragedWisdomTreeXS2771642134ETPISASIPPNot published−16.0%Not availableNot available£6.8m
LCOPWisdomTree Copper 2x Daily LeveragedWisdomTreeJE00B2NFTF36ETCISASIPP0.98%+29.8%+5.8%−17.4%£6.5m
2TSLLeverage Shares 2x Tesla ETPLeverage SharesIE00BK5BZY66ETPISASIPP2.28%−44.1%−90.3%−92.4%£6.4m
3GILWisdomTree Gilts 10Y 3x Daily LeveragedWisdomTreeIE00BKT09479ETPISASIPP0.30%−14.8%−65.2%−72.8%£6.2m
3AMZLeverage Shares 3x Amazon ETPLeverage SharesIE00BK5BZQ82ETPISASIPP3.78%−20.8%−77.0%−82.1%£6.0m
3FBLeverage Shares 3x Facebook ETPLeverage SharesIE00BK5C1B80ETPISASIPP3.78%−44.0%Not availableNot available£6.0m
LNIKWisdomTree Nickel 2x Daily LeveragedWisdomTreeJE00BDD9QB77ETCISASIPP0.98%−2.3%−88.1%−90.7%£5.8m
LCFEWisdomTree Coffee 2x Daily LeveragedWisdomTreeJE00B2NFTD12ETCISASIPP1.03%−46.2%+109.6%+63.6%£5.7m
LPP3GraniteShares 3x Long PayPal Daily ETPGraniteSharesXS2596087671ETPISASIPP3.20%−65.1%Not availableNot available£5.7m
TSLALeverage Shares 1x Tesla Tracker ETPLeverage SharesXS2337093798ETPISASIPP1.50%−14.0%−13.1%−32.2%£5.5m
SUK2L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF Accum GBPL&GIE00B4QNK008ETFISASIPP0.60%−16.7%−57.7%−67.0%£5.5m
TSLQLeverage Shares -3x Short Tesla ETPLeverage SharesXS3135031279ETPISASIPP4.78%−58.5%−100.0%−100.0%£5.4m
3SMCWisdomTree PHLX Semiconductor 3x Daily LeveragedWisdomTreeXS3091657729ETPISASIPP4.49%+28.7%Not availableNot available£5.4m
3GISWisdomTree Gilts 10Y 3x Daily ShortWisdomTreeIE00BKS8QQ35ETPISASIPP0.30%+12.0%+107.8%+62.2%£5.3m
LMI3Graniteshares 3x Long Microstrategy EtpGraniteSharesXS2617255760ETPISASIPPNot published−98.8%Not availableNot available£5.3m
LWEAWisdomTree Wheat 2x Daily LeveragedWisdomTreeJE00BDD9QC84ETCISASIPP2.33%−7.5%−88.9%−91.4%£5.2m
2GOOLeverage Shares 2x Alphabet ETPLeverage SharesIE00BF01VY89ETPISASIPP2.28%−15.4%+52.8%+19.3%£5.2m
SBULWisdomTree Gold 1x Daily ShortWisdomTreeJE00B24DKC09ETCISASIPP1.03%−5.8%−48.6%−59.9%£5.1m
SADPGraniteShares 2x Short Sandisk Daily ETPGraniteSharesXS3415295495ETPISASIPPNot publishedNot availableNot availableNot available£5.0m
3SNDLeverage Shares 3x Long SanDisk (SNDK) ETPLeverage SharesXS3299462070ETPISASIPPNot publishedNot availableNot availableNot available£5.0m
3LWPGraniteshares 3X Long Apple Daily ETPGraniteSharesXS2722161424ETPISASIPP2.69%+61.7%+345.5%+247.7%£5.0m
3LZPGraniteshares 3X Long Amazon Daily ETPGraniteSharesXS2675292218ETPISASIPP2.44%−19.5%Not availableNot available£5.0m
3TSMLeverage Shares 3x Long Taiwan Semiconductor ETPLeverage SharesXS2399365043ETPISASIPP3.78%+26.9%Not availableNot available£4.9m
3GLDLeverage Shares 3x Long Gold ETPLeverage SharesXS2472195101ETPISASIPP4.98%−29.0%Not availableNot available£4.7m

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.