# WisdomTree Brent Crude Oil 2x Daily Leveraged (2BRT) **Page:** https://fundology.uk/fund/2brt · ISIN JE00BDD9QD91 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 2BRT (WisdomTree Brent Crude Oil 2x Daily Leveraged, ISIN JE00BDD9QD91) closed at £97.15 on the London Stock Exchange. Its ongoing charge is 0.98% a year (about £98 on £10,000). Over the five years to 13/11/2026 its total return was +173.9%, or +113.8% after UK CPIH inflation. ## Summary WisdomTree Brent Crude Oil 2x Daily Leveraged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2012. 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 0.98% a year — about £98 a year on every £10,000 invested, taken from the fund's value rather than billed to you. > **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started. Latest close: **£97.15** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 2BRT | | ISIN | JE00BDD9QD91 | | Also listed as | LBRT (London Stock Exchange, US dollars), OOER (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETC | | Provider | WisdomTree | | Tracks | Bloomberg Brent Crude Subindex | | Ongoing charge | 0.98% a year (£98 per £10,000) | | Fund size | £12.0m | | Launched | 2012 | | Domicile | Jersey | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2012 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +203.79% | +193.03% | income reinvested | | 3 years | +103.13% | +83.53% | income reinvested | | 5 years | +173.86% | +113.76% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Brent Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income): 2024 +10.6%, 2025 −36.5%; 2026 to 13/11/2026 +233.1%. Returns of WisdomTree Brent Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +200.7%; to 30/09/2025: −9.5%; to 30/09/2024: −38.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +10.6% | +6.8% | Price | | 2025 | -36.5% | -38.7% | Price | | 2026 to 13/11/2026 | +233.1% | +222.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 97.47% | -46.83% | | 3 years | 71.04% | -52.36% | ## Largest fall Volatility of WisdomTree Brent Crude Oil 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 97.5% over 1 year, 71.0% over 3 years. Largest fall in the price of WisdomTree Brent Crude Oil 2x Daily Leveraged since February 2023, in pounds: −52.8% from 20/10/2023 to 02/05/2025. The lowest 12-month return of WisdomTree Brent Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income) since February 2023 was −48.9% (12 months to 11/04/2025); the highest was +304.1% (12 months to 30/10/2026). On 13/11/2026 the price of WisdomTree Brent Crude Oil 2x Daily Leveraged was 28.7% below its highest weekly close since February 2023 (30/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Brent Crude Oil 2x Daily Leveraged 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.98%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of 2BRT?** The ongoing charge of 2BRT is 0.98% a year — about £98 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 WisdomTree Brent Crude Oil 2x Daily Leveraged 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once). **What does 2BRT track?** 2BRT tracks the Bloomberg Brent Crude Subindex. **What is the ISIN of 2BRT?** The ISIN of 2BRT is JE00BDD9QD91. An ISIN identifies one exact share class of a fund; 2BRT is its ticker on the London Stock Exchange. The same share class is also listed as LBRT (London Stock Exchange, US dollars) and OOER (Xetra, euros). **What were 2BRT’s returns in each of the last five years?** Calendar-year returns of 2BRT in pounds (price only; the fund pays no income): 2024 +10.6%, 2025 −36.5%; 2026 to 13/11/2026 +233.1%. Past performance is not a guide to future returns. **How has 2BRT done after inflation?** Over the five years to 13/11/2026 2BRT’s total return was +173.9%, or +113.8% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.