# Leverage Shares 3x Square ETP (3SQ)

**Source:** https://fundology.uk/fund/3sq · ISIN XS2675718139 · 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 05/10/2026, 3SQ (Leverage Shares 3x Square ETP, ISIN XS2675718139) closed at £2.34 on the London Stock Exchange. Its ongoing charge is 0.02% a year (about £2 on £10,000). Over the three years to 05/10/2026 its total return was −75.4%, or −77.8% after UK CPIH inflation.

## Summary

Leverage Shares 3x Square ETP is an exchange-traded product from Leverage Shares, launched in 2021. 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 0.02% a year — about £2 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: **£2.34** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3SQ |
| ISIN | XS2675718139 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Tracks | iSTOXX Leveraged 3X SQ (USD)(NR) |
| Income | Accumulating |
| Ongoing charge | 0.02% a year (£2 per £10,000) |
| Fund size | £134k |
| Launched | 2021 |
| Domicile | Ireland |

## Past returns (periods to 05/10/2026)

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 | -59.43% | -60.70% | income reinvested |
| 3 years | -75.44% | -77.84% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Leverage Shares 3x Square ETP 0.02% a year, as of 03/10/2026: 220 of the 259 other leveraged and inverse products charge more, 11 the same and 28 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.02%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of 3SQ?**

The ongoing charge of 3SQ is 0.02% a year — about £2 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 Square ETP 0.02% a year, as of 03/10/2026: 220 of the 259 other leveraged and inverse products charge more, 11 the same and 28 less (share classes counted once).

**What does 3SQ track?**

3SQ tracks the iSTOXX Leveraged 3X SQ (USD)(NR).

**Is 3SQ accumulating or distributing?**

3SQ 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 3SQ?**

The ISIN of 3SQ is XS2675718139. An ISIN identifies one exact share class of a fund; 3SQ is its ticker on the London Stock Exchange.

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

Over the three years to 05/10/2026 3SQ’s total return was −75.4%, or −77.8% 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.