# WisdomTree US Treasuries 10Y 3x Daily Short (3TYS)

**Page:** https://fundology.uk/fund/3tys · ISIN IE00BKS8QT65

## 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, 3TYS (WisdomTree US Treasuries 10Y 3x Daily Short, ISIN IE00BKS8QT65) closed at £93.09 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +100.2%, or +56.2% after UK CPIH inflation.

## Summary

WisdomTree US Treasuries 10Y 3x Daily Short is an exchange-traded product from WisdomTree, launched in 2014. 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 0.3% a year — about £30 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: **£93.09** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3TYS |
| ISIN | IE00BKS8QT65 |
| Also listed as | TY3S (Xetra, euros) |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | BNP Paribas US Treasury Note 10Y Future Index |
| Ongoing charge | 0.30% a year (£30 per £10,000) |
| Fund size | £1.4m |
| Launched | 2014 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2015 |

## 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 | +18.66% | +14.45% | income reinvested |
| 3 years | +2.48% | -7.41% | income reinvested |
| 5 years | +100.15% | +56.23% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree US Treasuries 10Y 3x Daily Short in pounds (price only): 2022 +69.5%, 2023 −0.8%, 2024 +20.8%, 2025 −15.5%; 2026 to 13/11/2026 +22.1%. Returns of WisdomTree US Treasuries 10Y 3x Daily Short in pounds (price only) over the 12 months to 30/09/2026: +26.7%; to 30/09/2025: +5.9%; to 30/09/2024: −18.7%; to 30/09/2023: +8.5%; to 30/09/2022: +84.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +69.5% | +55.1% | Price |
| 2023 | -0.8% | -4.7% | Price |
| 2024 | +20.8% | +16.6% | Price |
| 2025 | -15.5% | -18.4% | Price |
| 2026 to 13/11/2026 | +22.1% | +18.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.97% | -8.13% |
| 3 years | 21.49% | -23.32% |
| 5 years | 23.97% | -24.19% |

## Largest fall

Volatility of WisdomTree US Treasuries 10Y 3x Daily Short in pounds, annualised from weekly returns to 13/11/2026: 22.0% over 1 year, 21.5% over 3 years, 24.0% over 5 years. Largest fall in the price of WisdomTree US Treasuries 10Y 3x Daily Short since November 2021, in pounds: −24.2% from 21/10/2022 to 07/04/2023. The lowest 12-month return of WisdomTree US Treasuries 10Y 3x Daily Short in pounds (price only) since January 2021 was −19.2% (12 months to 09/01/2026); the highest was +93.6% (12 months to 21/10/2022). On 13/11/2026 the price of WisdomTree US Treasuries 10Y 3x Daily Short was 2.4% below its highest weekly close since November 2021 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree US Treasuries 10Y 3x Daily Short 0.30% a year. Compared on 14/11/2026, 202 of the 210 other leveraged and inverse products charge more, 4 the same and 4 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.30%** 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 3TYS?**

The ongoing charge of 3TYS is 0.30% a year — about £30 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 US Treasuries 10Y 3x Daily Short 0.30% a year. Compared on 14/11/2026, 202 of the 210 other leveraged and inverse products charge more, 4 the same and 4 less (share classes counted once).

**What does 3TYS track?**

3TYS tracks the BNP Paribas US Treasury Note 10Y Future Index.

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

The ISIN of 3TYS is IE00BKS8QT65. An ISIN identifies one exact share class of a fund; 3TYS is its ticker on the London Stock Exchange. The same share class is also listed as TY3S (Xetra, euros).

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

Calendar-year returns of 3TYS in pounds (price only): 2022 +69.5%, 2023 −0.8%, 2024 +20.8%, 2025 −15.5%; 2026 to 13/11/2026 +22.1%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 3TYS’s total return was +100.2%, or +56.2% 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.
