# WisdomTree Natural Gas 3x Daily Short (3LGS)

**Source:** https://fundology.uk/fund/3lgs · ISIN XS2819843223 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, 3LGS (WisdomTree Natural Gas 3x Daily Short, ISIN XS2819843223) closed at £13.99 on the London Stock Exchange. Its ongoing charge is 0.99% a year (about £99 on £10,000). Over the five years to 30/09/2026 its total return was −96.4%, or −97.1% after UK CPIH inflation.

## Summary

WisdomTree Natural Gas 3x Daily Short is an exchange-traded fund (ETF) from WisdomTree, launched in 2012. 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.

> **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: **£13.99** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3LGS |
| ISIN | XS2819843223 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | WisdomTree |
| Tracks | NASDAQ Commodity Natural Gas Index |
| Ongoing charge | 0.99% a year (£99 per £10,000) |
| Fund size | £12.3m |
| Launched | 2012 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -26.05% | -28.37% | income reinvested |
| 3 years | -45.55% | -50.87% | income reinvested |
| 5 years | -96.35% | -97.15% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of WisdomTree Natural Gas 3x Daily Short in pounds (price only; the fund pays no income): 2022 −98.5%, 2023 +371.2%, 2024 −6.5%, 2025 −68.1%; 2026 to 30/09/2026 −9.8%. Returns of WisdomTree Natural Gas 3x Daily Short in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −31.3%; to 30/09/2025: −64.2%; to 30/09/2024: +122.9%; to 30/09/2023: +229.8%; to 30/09/2022: −98.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -98.5% | -98.6% | Price |
| 2023 | +371.2% | +352.5% | Price |
| 2024 | -6.5% | -9.7% | Price |
| 2025 | -68.1% | -69.2% | Price |
| 2026 to 30/09/2026 | -9.8% | -12.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 155.76% | -78.66% |
| 3 years | 142.38% | -94.90% |
| 5 years | 167.48% | -99.56% |

## Largest fall

Volatility of WisdomTree Natural Gas 3x Daily Short in pounds, annualised from weekly returns to 30/09/2026: 155.8% over 1 year, 142.4% over 3 years, 167.5% over 5 years. Largest fall in the price of WisdomTree Natural Gas 3x Daily Short since October 2021, in pounds: −99.6% from 24/12/2021 to 25/11/2022. The lowest 12-month return of WisdomTree Natural Gas 3x Daily Short in pounds (price only; the fund pays no income) since January 2021 was −99.7% (12 months to 19/08/2022); the highest was +1101.1% (12 months to 15/12/2023). On 30/09/2026 the price of WisdomTree Natural Gas 3x Daily Short was 98.2% below its highest weekly close since October 2021 (24/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Natural Gas 3x Daily Short 0.99% a year, as of 01/10/2026: 120 of the 280 other leveraged and inverse products charge more, 15 the same and 145 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.99%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.