# WisdomTree Gold 3x Daily Short (3SGO)

**Page:** https://fundology.uk/fund/3sgo · ISIN IE00B6X4BP29

## 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, 3SGO (WisdomTree Gold 3x Daily Short, ISIN IE00B6X4BP29) closed at £1.47 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 −93.0%, or −94.6% after UK CPIH inflation.

## Summary

WisdomTree Gold 3x Daily Short is an exchange-traded commodity (ETC) 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: **£1.47** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3SGO |
| ISIN | IE00B6X4BP29 |
| Also listed as | 3GOS (London Stock Exchange, US dollars), PCFN (Xetra, euros) |
| Category | Leveraged & inverse |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | NASDAQ Commodity Gold Index |
| Ongoing charge | 0.99% a year (£99 per £10,000) |
| Fund size | £7.7m |
| Launched | 2012 |
| 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 | -22.32% | -25.08% | income reinvested |
| 3 years | -92.40% | -93.13% | income reinvested |
| 5 years | -93.04% | -94.57% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Gold 3x Daily Short in pounds (price only; the fund pays no income): 2022 +3.0%, 2023 −29.8%, 2024 −48.2%, 2025 −80.6%; 2026 to 13/11/2026 +1.2%. Returns of WisdomTree Gold 3x Daily Short in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −42.2%; to 30/09/2025: −69.3%; to 30/09/2024: −66.5%; to 30/09/2023: −29.3%; to 30/09/2022: +28.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +3.0% | -5.7% | Price |
| 2023 | -29.8% | -32.6% | Price |
| 2024 | -48.2% | -50.0% | Price |
| 2025 | -80.6% | -81.3% | Price |
| 2026 to 13/11/2026 | +1.2% | -2.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 70.62% | -62.19% |
| 3 years | 56.66% | -96.10% |
| 5 years | 52.51% | -97.73% |

## Largest fall

Volatility of WisdomTree Gold 3x Daily Short in pounds, annualised from weekly returns to 13/11/2026: 70.6% over 1 year, 56.7% over 3 years, 52.5% over 5 years. Largest fall in the price of WisdomTree Gold 3x Daily Short since November 2021, in pounds: −97.7% from 23/09/2022 to 27/02/2026. The lowest 12-month return of WisdomTree Gold 3x Daily Short in pounds (price only; the fund pays no income) since January 2021 was −88.2% (12 months to 27/02/2026); the highest was +47.3% (12 months to 21/10/2022). On 13/11/2026 the price of WisdomTree Gold 3x Daily Short was 95.3% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Gold 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).

## 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 3SGO?**

The ongoing charge of 3SGO 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 Gold 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 3SGO track?**

3SGO tracks the NASDAQ Commodity Gold Index.

**What is the ISIN of 3SGO?**

The ISIN of 3SGO is IE00B6X4BP29. An ISIN identifies one exact share class of a fund; 3SGO is its ticker on the London Stock Exchange. The same share class is also listed as 3GOS (London Stock Exchange, US dollars) and PCFN (Xetra, euros).

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

Calendar-year returns of 3SGO in pounds (price only; the fund pays no income): 2022 +3.0%, 2023 −29.8%, 2024 −48.2%, 2025 −80.6%; 2026 to 13/11/2026 +1.2%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 3SGO’s total return was −93.0%, or −94.6% 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.
