# WisdomTree PHLX Semiconductor 3x Daily Leveraged (3SMC)

**Page:** https://fundology.uk/fund/3smc · ISIN XS3091657729

## 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, 3SMC (WisdomTree PHLX Semiconductor 3x Daily Leveraged, ISIN XS3091657729) closed at £40.17 on the London Stock Exchange. Its ongoing charge is 4.49% a year (about £449 on £10,000). Over the year to 13/11/2026 its price changed by +34.6%, or +29.9% after UK CPIH inflation.

## Summary

WisdomTree PHLX Semiconductor 3x Daily Leveraged is an exchange-traded product from WisdomTree, launched in 2025. 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 4.49% a year — about £449 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: **£40.17** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3SMC |
| ISIN | XS3091657729 |
| Also listed as | 3SEM (London Stock Exchange, US dollars) |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | PHLX Semiconductor Sector Index - USD |
| Income | Accumulating |
| Ongoing charge | 4.49% a year (£449 per £10,000) |
| Fund size | £6.5m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/07/2025 |

## 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 | +34.64% | +29.87% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of WisdomTree PHLX Semiconductor 3x Daily Leveraged in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +13.5%. Returns of WisdomTree PHLX Semiconductor 3x Daily Leveraged in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +221.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +13.5% | +9.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 122.78% | -81.10% |

## Largest fall

Volatility of WisdomTree PHLX Semiconductor 3x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 122.8% over 1 year. Largest fall in the price of WisdomTree PHLX Semiconductor 3x Daily Leveraged since July 2025, in pounds: −81.1% from 19/06/2026 to 06/11/2026. On 13/11/2026 the price of WisdomTree PHLX Semiconductor 3x Daily Leveraged was 77.8% below its highest weekly close since July 2025 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree PHLX Semiconductor 3x Daily Leveraged 4.49% a year. Compared on 14/11/2026, 23 of the 210 other leveraged and inverse products charge more, 2 the same and 185 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **4.49%** 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 3SMC?**

The ongoing charge of 3SMC is 4.49% a year — about £449 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 PHLX Semiconductor 3x Daily Leveraged 4.49% a year. Compared on 14/11/2026, 23 of the 210 other leveraged and inverse products charge more, 2 the same and 185 less (share classes counted once).

**What does 3SMC track?**

3SMC tracks the PHLX Semiconductor Sector Index - USD.

**Is 3SMC accumulating or distributing?**

3SMC 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 3SMC?**

The ISIN of 3SMC is XS3091657729. An ISIN identifies one exact share class of a fund; 3SMC is its ticker on the London Stock Exchange. The same share class is also listed as 3SEM (London Stock Exchange, US dollars).

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

Calendar-year returns of 3SMC in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +13.5%. Past performance is not a guide to future returns.

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

Over the year to 13/11/2026 3SMC’s price changed by +34.6%, or +29.9% 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.