# WisdomTree FTSE 100 2x Daily Leveraged (2UKL)

**Page:** https://fundology.uk/fund/2ukl · ISIN IE00B94QKC83

## 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, 2UKL (WisdomTree FTSE 100 2x Daily Leveraged, ISIN IE00B94QKC83) closed at £345.68 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 13/11/2026 its total return was +106.0%, or +60.8% after UK CPIH inflation.

## Summary

WisdomTree FTSE 100 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 0.49% a year — about £49 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: **£345.68** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 2UKL |
| ISIN | IE00B94QKC83 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | FTSE 100 Daily Leveraged RT Index - GBP |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £2.9m |
| 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 | +16.93% | +12.79% | income reinvested |
| 3 years | +98.80% | +79.61% | income reinvested |
| 5 years | +106.01% | +60.81% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree FTSE 100 2x Daily Leveraged in pounds (price only): 2022 +3.6%, 2023 +7.0%, 2024 +10.9%, 2025 +42.4%; 2026 to 13/11/2026 +18.0%. Returns of WisdomTree FTSE 100 2x Daily Leveraged in pounds (price only) over the 12 months to 30/09/2026: +22.6%; to 30/09/2025: +26.1%; to 30/09/2024: +17.2%; to 30/09/2023: +22.3%; to 30/09/2022: −1.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +3.6% | -5.1% | Price |
| 2023 | +7.0% | +2.7% | Price |
| 2024 | +10.9% | +7.1% | Price |
| 2025 | +42.4% | +37.6% | Price |
| 2026 to 13/11/2026 | +18.0% | +14.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 26.48% | -17.53% |
| 3 years | 22.87% | -18.23% |
| 5 years | 24.87% | -18.70% |

## Largest fall

Volatility of WisdomTree FTSE 100 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 26.5% over 1 year, 22.9% over 3 years, 24.9% over 5 years. Largest fall in the price of WisdomTree FTSE 100 2x Daily Leveraged since November 2021, in pounds: −18.7% from 08/04/2022 to 14/10/2022. The lowest 12-month return of WisdomTree FTSE 100 2x Daily Leveraged in pounds (price only) since January 2021 was −8.2% (12 months to 14/10/2022); the highest was +72.5% (12 months to 10/04/2026). On 13/11/2026 the price of WisdomTree FTSE 100 2x Daily Leveraged was 1.3% below its highest weekly close since November 2021 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree FTSE 100 2x Daily Leveraged 0.49% a year. Compared on 14/11/2026, 190 of the 210 other leveraged and inverse products charge more, 1 the same and 19 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** per year
- 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 2UKL?**

The ongoing charge of 2UKL is 0.49% a year — about £49 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 100 2x Daily Leveraged 0.49% a year. Compared on 14/11/2026, 190 of the 210 other leveraged and inverse products charge more, 1 the same and 19 less (share classes counted once).

**What does 2UKL track?**

2UKL tracks the FTSE 100 Daily Leveraged RT Index - GBP.

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

The ISIN of 2UKL is IE00B94QKC83. An ISIN identifies one exact share class of a fund; 2UKL is its ticker on the London Stock Exchange.

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

Calendar-year returns of 2UKL in pounds (price only): 2022 +3.6%, 2023 +7.0%, 2024 +10.9%, 2025 +42.4%; 2026 to 13/11/2026 +18.0%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 2UKL’s total return was +106.0%, or +60.8% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.