# WisdomTree Natural Gas 2x Daily Leveraged (2NGA)

**Page:** https://fundology.uk/fund/2nga · ISIN JE00BDD9Q956

## 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, 2NGA (WisdomTree Natural Gas 2x Daily Leveraged, ISIN JE00BDD9Q956) closed at £0.0073 on the London Stock Exchange. Its ongoing charge is 1.30% a year (about £130 on £10,000). Over the three years to 13/11/2026 its total return was −96.5%, or −96.8% after UK CPIH inflation.

## Summary

WisdomTree Natural Gas 2x Daily Leveraged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2008. 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 1.3% a year — about £130 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: **£0.0073** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 2NGA |
| ISIN | JE00BDD9Q956 |
| Also listed as | LNGA (London Stock Exchange, US dollars), 4RUC (Xetra, euros) |
| Category | Leveraged & inverse |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | Bloomberg Natural Gas |
| Ongoing charge | 1.30% a year (£130 per £10,000) |
| Fund size | £7.8m |
| Launched | 2008 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2009 |

## 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 | -74.82% | -75.71% | income reinvested |
| 3 years | -96.48% | -96.82% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Natural Gas 2x Daily Leveraged in pounds (price only; the fund pays no income): 2024 −65.1%, 2025 −57.5%; 2026 to 13/11/2026 −60.6%. Returns of WisdomTree Natural Gas 2x Daily Leveraged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −69.5%; to 30/09/2025: −41.8%; to 30/09/2024: −83.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | -65.1% | -66.3% | Price |
| 2025 | -57.5% | -59.0% | Price |
| 2026 to 13/11/2026 | -60.6% | -61.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 109.77% | -83.47% |
| 3 years | 95.35% | -97.21% |

## Largest fall

Volatility of WisdomTree Natural Gas 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 109.8% over 1 year, 95.3% over 3 years. Largest fall in the price of WisdomTree Natural Gas 2x Daily Leveraged since February 2023, in pounds: −99.1% from 03/03/2023 to 30/10/2026. The lowest 12-month return of WisdomTree Natural Gas 2x Daily Leveraged in pounds (price only; the fund pays no income) since February 2023 was −89.5% (12 months to 01/11/2024); the highest was +20.1% (12 months to 21/02/2025). On 13/11/2026 the price of WisdomTree Natural Gas 2x Daily Leveraged was 99.0% below its highest weekly close since February 2023 (03/03/2023), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Natural Gas 2x Daily Leveraged 1.30% a year. Compared on 14/11/2026, 104 of the 210 other leveraged and inverse products charge more, 0 the same and 106 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.30%** 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 2NGA?**

The ongoing charge of 2NGA is 1.30% a year — about £130 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 Natural Gas 2x Daily Leveraged 1.30% a year. Compared on 14/11/2026, 104 of the 210 other leveraged and inverse products charge more, 0 the same and 106 less (share classes counted once).

**What does 2NGA track?**

2NGA tracks the Bloomberg Natural Gas.

**What is the ISIN of 2NGA?**

The ISIN of 2NGA is JE00BDD9Q956. An ISIN identifies one exact share class of a fund; 2NGA is its ticker on the London Stock Exchange. The same share class is also listed as LNGA (London Stock Exchange, US dollars) and 4RUC (Xetra, euros).

**What were 2NGA’s returns in each of the last five years?**

Calendar-year returns of 2NGA in pounds (price only; the fund pays no income): 2024 −65.1%, 2025 −57.5%; 2026 to 13/11/2026 −60.6%. Past performance is not a guide to future returns.

**How has 2NGA done after inflation?**

Over the three years to 13/11/2026 2NGA’s total return was −96.5%, or −96.8% 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.