# WisdomTree Emerging Markets 3x Daily Leveraged (3EML)

**Page:** https://fundology.uk/fund/3eml · ISIN IE00BYTYHN28

## 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, 3EML (WisdomTree Emerging Markets 3x Daily Leveraged, ISIN IE00BYTYHN28) closed at $124.14 on the London Stock Exchange. Its ongoing charge is 0.99% a year (about £99 on £10,000). Over the five years to 13/11/2026 its total return was −20.7%, or −38.1% after UK CPIH inflation.

## Summary

WisdomTree Emerging Markets 3x Daily Leveraged is an exchange-traded product from WisdomTree, launched in 2016. 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 0.99% a year — about £99 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: **$124.14** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3EML |
| ISIN | IE00BYTYHN28 |
| Also listed as | 3E3M (Xetra, euros) |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | BNP Paribas Emerging Equities Rolling Futures Index |
| Income | Accumulating |
| Ongoing charge | 0.99% a year (£99 per £10,000) |
| Fund size | £17.4m |
| Launched | 2016 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2016 |

## 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 | +6.00% | +2.25% | income reinvested |
| 3 years | +121.37% | +100.00% | income reinvested |
| 5 years | -20.75% | -38.14% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Emerging Markets 3x Daily Leveraged in pounds (price, with income reinvested in the fund): 2022 −54.6%, 2023 −0.5%, 2024 −0.8%, 2025 +85.4%; 2026 to 13/11/2026 −4.1%. Returns of WisdomTree Emerging Markets 3x Daily Leveraged in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +47.1%; to 30/09/2025: +30.0%; to 30/09/2024: +49.7%; to 30/09/2023: −1.1%; to 30/09/2022: −61.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -54.6% | -58.5% | Price |
| 2023 | -0.5% | -4.5% | Price |
| 2024 | -0.8% | -4.2% | Price |
| 2025 | +85.4% | +79.1% | Price |
| 2026 to 13/11/2026 | -4.1% | -7.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 62.28% | -46.07% |
| 3 years | 51.03% | -46.07% |
| 5 years | 51.27% | -70.80% |

## Largest fall

Volatility of WisdomTree Emerging Markets 3x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 62.3% over 1 year, 51.0% over 3 years, 51.3% over 5 years. Largest fall in the price of WisdomTree Emerging Markets 3x Daily Leveraged since November 2021, in pounds: −69.1% from 19/11/2021 to 28/10/2022. The lowest 12-month return of WisdomTree Emerging Markets 3x Daily Leveraged in pounds (price, with income reinvested in the fund) since January 2021 was −67.9% (12 months to 28/10/2022); the highest was +196.0% (12 months to 17/04/2026). On 13/11/2026 the price of WisdomTree Emerging Markets 3x Daily Leveraged was 43.4% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Emerging Markets 3x Daily Leveraged 0.99% a year. Compared on 14/11/2026, 124 of the 210 other leveraged and inverse products charge more, 17 the same and 69 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.99%** 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 3EML?**

The ongoing charge of 3EML is 0.99% a year — about £99 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 Emerging Markets 3x Daily Leveraged 0.99% a year. Compared on 14/11/2026, 124 of the 210 other leveraged and inverse products charge more, 17 the same and 69 less (share classes counted once).

**What does 3EML track?**

3EML tracks the BNP Paribas Emerging Equities Rolling Futures Index.

**Is 3EML accumulating or distributing?**

3EML 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 3EML?**

The ISIN of 3EML is IE00BYTYHN28. An ISIN identifies one exact share class of a fund; 3EML is its ticker on the London Stock Exchange. The same share class is also listed as 3E3M (Xetra, euros).

**What were 3EML’s returns in each of the last five years?**

Calendar-year returns of 3EML in pounds (price, with income reinvested in the fund): 2022 −54.6%, 2023 −0.5%, 2024 −0.8%, 2025 +85.4%; 2026 to 13/11/2026 −4.1%. Past performance is not a guide to future returns.

**How has 3EML done after inflation?**

Over the five years to 13/11/2026 3EML’s total return was −20.7%, or −38.1% 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.