ETN / ETP · WisdomTree
3EMS WisdomTree Emerging Markets 3x Daily Short
ISIN IE00BYTYHM11London Stock Exchange: 3EMSWisdomTree, Inc.
- Leveraged & inverse
- ETN / ETP
- ISA
- SIPP
- Distributing
Latest close
LSE$0.966
on
- Ongoing charge
- 0.99% a year
- Fund size
- £655k
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 3EMS (WisdomTree Emerging Markets 3x Daily Short, ISIN IE00BYTYHM11) closed at $0.966 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 −79.9%, or −84.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −50.5%
- −52.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −87.4%
- −88.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −79.9%
- −84.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £201 on 13/11/2026 — about £157 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of WisdomTree Emerging Markets 3x Daily Short in pounds (price only, income paid out not included): 2022 +62.0%, 2023 −24.9%, 2024 −13.0%, 2025 −65.7%; 2026 to 13/11/2026 −42.3%. Returns of WisdomTree Emerging Markets 3x Daily Short in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −61.6%; to 30/09/2025: −42.8%; to 30/09/2024: −53.3%; to 30/09/2023: −37.3%; to 30/09/2022: +143.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −42.3% | −44.1% | |
| to | −65.7% | −66.8% | |
| to | −13.0% | −15.9% | |
| −24.9% | −27.9% | ||
| +62.0% | +48.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −61.6% | −62.9% |
| from | −42.8% | −45.0% |
| from | −53.3% | −54.5% |
| from | −37.3% | −41.1% |
| from | +143.3% | +123.6% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
59.4%over 5 years
| 1 year | 70.0% |
|---|---|
| 3 years | 57.5% |
| 5 years | 59.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −94.3%
- From to
- Lowest 12-month return
- −76.7%
- 12 months to
- Highest 12-month return
- +188.3%
- 12 months to
- Below its highest weekly close since November 2021
- 91.9%
- High of , latest
In words: Volatility of WisdomTree Emerging Markets 3x Daily Short in pounds, annualised from weekly returns to 13/11/2026: 70.0% over 1 year, 57.5% over 3 years, 59.4% over 5 years. Largest fall in the price of WisdomTree Emerging Markets 3x Daily Short since November 2021, in pounds: −94.3% from 14/10/2022 to 09/09/2026. The lowest 12-month return of WisdomTree Emerging Markets 3x Daily Short in pounds (price only, income paid out not included) since January 2021 was −76.7% (12 months to 19/06/2026); the highest was +188.3% (12 months to 14/10/2022). On 13/11/2026 the price of WisdomTree Emerging Markets 3x Daily Short was 91.9% below its highest weekly close since November 2021 (14/10/2022), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.99%
- a year
- On £10,000
- £99
- a year, roughly
- Over five years
- £485
- of £10,000, before growth
- 69 charge less
- 17 the same
- 124 charge more
Ongoing charge of WisdomTree Emerging Markets 3x Daily Short 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).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
WisdomTree Emerging Markets 3x Daily Short 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 paid out to holders as cash, usually a few times a year.
Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Terms:Index fundAccumulating or incomeLeveraged ETPsShare classISIN
Key facts
- Ticker
- 3EMS
- ISIN
- IE00BYTYHM11
- Also listed as
- 3E3S (Xetra, euros)
- Provider
- WisdomTree
- Tracks
- BNP Paribas Emerging Equities Rolling Futures Index
- Structure
- ETN / ETP
- An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
- Income
- Distributing
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.99% a year · about £99 on £10,000
- Fund size
- £655k
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Leveraged & inverse
Price chart
Over the last year, the closing price went from $1.83 on 14/11/2025 to $0.966 on 13/11/2026 (−47.3%). The lowest close shown was $0.701 on 09/09/2026 and the highest $2.10 on 21/11/2025.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
256 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 3EMS?
The ongoing charge of 3EMS 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 Short 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 3EMS track?
3EMS tracks the BNP Paribas Emerging Equities Rolling Futures Index.
Is 3EMS accumulating or distributing?
3EMS is distributing: income is paid out to holders as cash, usually a few times a year.
What is the ISIN of 3EMS?
The ISIN of 3EMS is IE00BYTYHM11. An ISIN identifies one exact share class of a fund; 3EMS is its ticker on the London Stock Exchange. The same share class is also listed as 3E3S (Xetra, euros).
What were 3EMS’s returns in each of the last five years?
Calendar-year returns of 3EMS in pounds (price only, income paid out not included): 2022 +62.0%, 2023 −24.9%, 2024 −13.0%, 2025 −65.7%; 2026 to 13/11/2026 −42.3%. Past performance is not a guide to future returns.
How has 3EMS done after inflation?
Over the five years to 13/11/2026 3EMS’s total return was −79.9%, or −84.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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