# Leverage Shares 3x Long Nasdaq 100 ETP Securities (3QQQ) **Page:** https://fundology.uk/fund/3qqq · ISIN XS2472197065 ## 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, 3QQQ (Leverage Shares 3x Long Nasdaq 100 ETP Securities, ISIN XS2472197065) closed at £23.58 on the London Stock Exchange. Its ongoing charge is 4.38% a year (about £438 on £10,000). Over the three years to 13/11/2026 its total return was +30.7%, or +18.0% after UK CPIH inflation. ## Summary Leverage Shares 3x Long Nasdaq 100 ETP Securities is an exchange-traded product from Leverage Shares, launched in 2022. 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 4.38% a year — about £438 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: **£23.58** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3QQQ | | ISIN | XS2472197065 | | Also listed as | 3QQE (London Stock Exchange, euros), QQL3 (London Stock Exchange, US dollars) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | Leverage Shares | | Tracks | Invesco QQQ Trust Series I | | Income | Accumulating | | Ongoing charge | 4.38% a year (£438 per £10,000) | | Fund size | £1.7m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 07/06/2022 | ## 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 | +2.76% | -0.88% | income reinvested | | 3 years | +30.65% | +18.04% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Leverage Shares 3x Long Nasdaq 100 ETP Securities in pounds (price, with income reinvested in the fund): 2023 +187.2%, 2024 +60.6%, 2025 +10.9%; 2026 to 13/11/2026 +6.5%. Returns of Leverage Shares 3x Long Nasdaq 100 ETP Securities in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +44.9%; to 30/09/2025: +38.1%; to 30/09/2024: +81.2%; to 30/09/2023: +58.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +187.2% | +175.8% | Price | | 2024 | +60.6% | +55.1% | Price | | 2025 | +10.9% | +7.0% | Price | | 2026 to 13/11/2026 | +6.5% | +3.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 55.66% | -37.18% | | 3 years | 54.66% | -52.75% | ## Largest fall Volatility of Leverage Shares 3x Long Nasdaq 100 ETP Securities in pounds, annualised from weekly returns to 13/11/2026: 55.7% over 1 year, 54.7% over 3 years. Largest fall in the price of Leverage Shares 3x Long Nasdaq 100 ETP Securities since June 2022, in pounds: −54.0% from 12/08/2022 to 30/12/2022. The lowest 12-month return of Leverage Shares 3x Long Nasdaq 100 ETP Securities in pounds (price, with income reinvested in the fund) since June 2022 was −29.4% (12 months to 04/04/2025); the highest was +187.2% (12 months to 29/12/2023). On 13/11/2026 the price of Leverage Shares 3x Long Nasdaq 100 ETP Securities was 32.7% below its highest weekly close since June 2022 (29/05/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Leverage Shares 3x Long Nasdaq 100 ETP Securities 4.38% a year. Compared on 14/11/2026, 26 of the 210 other leveraged and inverse products charge more, 0 the same and 184 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **4.38%** 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 3QQQ?** The ongoing charge of 3QQQ is 4.38% a year — about £438 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 Leverage Shares 3x Long Nasdaq 100 ETP Securities 4.38% a year. Compared on 14/11/2026, 26 of the 210 other leveraged and inverse products charge more, 0 the same and 184 less (share classes counted once). **What does 3QQQ track?** 3QQQ tracks the Invesco QQQ Trust Series I. **Is 3QQQ accumulating or distributing?** 3QQQ 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 3QQQ?** The ISIN of 3QQQ is XS2472197065. An ISIN identifies one exact share class of a fund; 3QQQ is its ticker on the London Stock Exchange. The same share class is also listed as 3QQE (London Stock Exchange, euros) and QQL3 (London Stock Exchange, US dollars). **What were 3QQQ’s returns in each of the last five years?** Calendar-year returns of 3QQQ in pounds (price, with income reinvested in the fund): 2023 +187.2%, 2024 +60.6%, 2025 +10.9%; 2026 to 13/11/2026 +6.5%. Past performance is not a guide to future returns. **How has 3QQQ done after inflation?** Over the three years to 13/11/2026 3QQQ’s total return was +30.7%, or +18.0% 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.