# WisdomTree FTSE 250 2x Daily Leveraged (2MCL) **Page:** https://fundology.uk/fund/2mcl · ISIN IE00B94QKJ52 ## 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, 2MCL (WisdomTree FTSE 250 2x Daily Leveraged, ISIN IE00B94QKJ52) closed at £288.80 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the five years to 13/11/2026 its total return was +0.3%, or −21.7% after UK CPIH inflation. ## Summary WisdomTree FTSE 250 2x Daily Leveraged is an exchange-traded product from WisdomTree, launched in 2013. 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 0.6% a year — about £60 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:** 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: **£288.80** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 2MCL | | ISIN | IE00B94QKJ52 | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | WisdomTree | | Tracks | FTSE 250 Daily Leveraged RT Index - GBP | | Income | Accumulating | | Ongoing charge | 0.60% a year (£60 per £10,000) | | Fund size | £3.1m | | Launched | 2013 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/07/2012 | ## 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 | +23.69% | +19.31% | income reinvested | | 3 years | +76.89% | +59.81% | income reinvested | | 5 years | +0.34% | -21.68% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree FTSE 250 2x Daily Leveraged in pounds (price, with income reinvested in the fund): 2022 −36.6%, 2023 +7.3%, 2024 +5.4%, 2025 +15.3%; 2026 to 13/11/2026 +20.7%. Returns of WisdomTree FTSE 250 2x Daily Leveraged in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.7%; to 30/09/2025: +4.1%; to 30/09/2024: +29.7%; to 30/09/2023: +12.4%; to 30/09/2022: −44.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -36.6% | -42.0% | Price | | 2023 | +7.3% | +3.0% | Price | | 2024 | +5.4% | +1.8% | Price | | 2025 | +15.3% | +11.4% | Price | | 2026 to 13/11/2026 | +20.7% | +16.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 24.25% | -22.08% | | 3 years | 25.29% | -28.32% | | 5 years | 30.18% | -50.27% | ## Largest fall Volatility of WisdomTree FTSE 250 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 24.3% over 1 year, 25.3% over 3 years, 30.2% over 5 years. Largest fall in the price of WisdomTree FTSE 250 2x Daily Leveraged since November 2021, in pounds: −50.0% from 19/11/2021 to 27/10/2023. The lowest 12-month return of WisdomTree FTSE 250 2x Daily Leveraged in pounds (price, with income reinvested in the fund) since January 2021 was −45.6% (12 months to 14/10/2022); the highest was +48.8% (12 months to 18/10/2024). On 13/11/2026 the price of WisdomTree FTSE 250 2x Daily Leveraged was 0.2% below its highest weekly close since November 2021 (19/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree FTSE 250 2x Daily Leveraged 0.60% a year. Compared on 14/11/2026, 171 of the 210 other leveraged and inverse products charge more, 13 the same and 26 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.60%** 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 2MCL?** The ongoing charge of 2MCL is 0.60% a year — about £60 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 FTSE 250 2x Daily Leveraged 0.60% a year. Compared on 14/11/2026, 171 of the 210 other leveraged and inverse products charge more, 13 the same and 26 less (share classes counted once). **What does 2MCL track?** 2MCL tracks the FTSE 250 Daily Leveraged RT Index - GBP. **Is 2MCL accumulating or distributing?** 2MCL 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 2MCL?** The ISIN of 2MCL is IE00B94QKJ52. An ISIN identifies one exact share class of a fund; 2MCL is its ticker on the London Stock Exchange. **What were 2MCL’s returns in each of the last five years?** Calendar-year returns of 2MCL in pounds (price, with income reinvested in the fund): 2022 −36.6%, 2023 +7.3%, 2024 +5.4%, 2025 +15.3%; 2026 to 13/11/2026 +20.7%. Past performance is not a guide to future returns. **How has 2MCL done after inflation?** Over the five years to 13/11/2026 2MCL’s total return was +0.3%, or −21.7% 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.