# Leverage Shares 5x Long S&P 500 ETP (5SPY)

**Source:** https://fundology.uk/fund/5spy · ISIN XS2399364582 · 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, 5SPY (Leverage Shares 5x Long S&P 500 ETP, ISIN XS2399364582) closed at £4.10 on the London Stock Exchange. Over the three years to 05/10/2026 its total return was +320.5%, or +279.4% after UK CPIH inflation.

## Summary

Leverage Shares 5x Long S&P 500 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. 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: **£4.10** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 5SPY |
| ISIN | XS2399364582 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Tracks | S&P 500 |
| Income | Accumulating |
| Fund size | £3.0m |
| 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 | +35.43% | +31.18% | income reinvested |
| 3 years | +320.47% | +279.42% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Leverage Shares 5x Long S&P 500 ETP in pounds (price, with income reinvested in the fund): 2022 −80.8%, 2023 +100.8%, 2024 +104.4%, 2025 −0.3%; 2026 to 05/10/2026 +34.1%. Returns of Leverage Shares 5x Long S&P 500 ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +43.5%; to 30/09/2025: +4.7%; to 30/09/2024: +161.0%; to 30/09/2023: +30.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -80.8% | -82.4% | Price |
| 2023 | +100.8% | +92.8% | Price |
| 2024 | +104.4% | +97.5% | Price |
| 2025 | -0.3% | -3.7% | Price |
| 2026 to 05/10/2026 | +34.1% | +30.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 57.90% | -38.94% |
| 3 years | 64.89% | -67.74% |

## Largest fall

Volatility of Leverage Shares 5x Long S&P 500 ETP in pounds, annualised from weekly returns to 05/10/2026: 57.9% over 1 year, 64.9% over 3 years. Largest fall in the price of Leverage Shares 5x Long S&P 500 ETP since December 2021, in pounds: −81.7% from 31/12/2021 to 14/10/2022. The lowest 12-month return of Leverage Shares 5x Long S&P 500 ETP in pounds (price, with income reinvested in the fund) since December 2021 was −80.8% (12 months to 30/12/2022); the highest was +254.5% (12 months to 25/10/2024). On 05/10/2026 the price of Leverage Shares 5x Long S&P 500 ETP was 3.2% below its highest weekly close since December 2021 (10/08/2026), in pounds.

## Charges & eligibility

- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What does 5SPY track?**

5SPY tracks the S&P 500.

**Is 5SPY accumulating or distributing?**

5SPY 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 5SPY?**

The ISIN of 5SPY is XS2399364582. An ISIN identifies one exact share class of a fund; 5SPY is its ticker on the London Stock Exchange.

**What were 5SPY’s returns in each of the last five years?**

Calendar-year returns of 5SPY in pounds (price, with income reinvested in the fund): 2022 −80.8%, 2023 +100.8%, 2024 +104.4%, 2025 −0.3%; 2026 to 05/10/2026 +34.1%. Past performance is not a guide to future returns.

**How has 5SPY done after inflation?**

Over the three years to 05/10/2026 5SPY’s total return was +320.5%, or +279.4% 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.