# WisdomTree Sugar 3x Daily Leveraged (3SUL)

**Page:** https://fundology.uk/fund/3sul · ISIN JE00BYQY7H96

## 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, 3SUL (WisdomTree Sugar 3x Daily Leveraged, ISIN JE00BYQY7H96) closed at $4.61 on the London Stock Exchange. Its ongoing charge is 0.98% a year (about £98 on £10,000). Over the five years to 13/11/2026 its total return was −58.4%, or −67.5% after UK CPIH inflation.

## Summary

WisdomTree Sugar 3x Daily Leveraged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2015. 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 0.98% a year — about £98 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: **$4.61** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3SUL |
| ISIN | JE00BYQY7H96 |
| Category | Leveraged & inverse |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | Bloomberg Sugar Subindex (TR) |
| Ongoing charge | 0.98% a year (£98 per £10,000) |
| Fund size | £7.2m |
| Launched | 2015 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 02/11/2015 |

## 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 | +28.49% | +23.94% | income reinvested |
| 3 years | -85.72% | -87.10% | income reinvested |
| 5 years | -58.39% | -67.52% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Sugar 3x Daily Leveraged in pounds (price only; the fund pays no income): 2022 +32.6%, 2023 +28.9%, 2024 −34.0%, 2025 −64.3%; 2026 to 13/11/2026 +35.0%. Returns of WisdomTree Sugar 3x Daily Leveraged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −1.3%; to 30/09/2025: −64.9%; to 30/09/2024: −51.1%; to 30/09/2023: +249.0%; to 30/09/2022: −23.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +32.6% | +21.4% | Price |
| 2023 | +28.9% | +23.7% | Price |
| 2024 | -34.0% | -36.3% | Price |
| 2025 | -64.3% | -65.5% | Price |
| 2026 to 13/11/2026 | +35.0% | +30.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 84.34% | -42.45% |
| 3 years | 81.10% | -91.81% |
| 5 years | 77.41% | -92.12% |

## Largest fall

Volatility of WisdomTree Sugar 3x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 84.3% over 1 year, 81.1% over 3 years, 77.4% over 5 years. Largest fall in the price of WisdomTree Sugar 3x Daily Leveraged since November 2021, in pounds: −92.1% from 03/11/2023 to 17/04/2026. The lowest 12-month return of WisdomTree Sugar 3x Daily Leveraged in pounds (price only; the fund pays no income) since January 2021 was −76.1% (12 months to 07/11/2025); the highest was +310.2% (12 months to 27/10/2023). On 13/11/2026 the price of WisdomTree Sugar 3x Daily Leveraged was 86.0% below its highest weekly close since November 2021 (03/11/2023), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Sugar 3x Daily Leveraged 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.98%** 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 3SUL?**

The ongoing charge of 3SUL is 0.98% a year — about £98 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 Sugar 3x Daily Leveraged 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

**What does 3SUL track?**

3SUL tracks the Bloomberg Sugar Subindex (TR).

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

The ISIN of 3SUL is JE00BYQY7H96. An ISIN identifies one exact share class of a fund; 3SUL is its ticker on the London Stock Exchange.

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

Calendar-year returns of 3SUL in pounds (price only; the fund pays no income): 2022 +32.6%, 2023 +28.9%, 2024 −34.0%, 2025 −64.3%; 2026 to 13/11/2026 +35.0%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 3SUL’s total return was −58.4%, or −67.5% 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.