# WisdomTree Long JPY Short GBP (GBJP)

**Page:** https://fundology.uk/fund/gbjp · ISIN JE00B3XR4V72

## 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, GBJP (WisdomTree Long JPY Short GBP, ISIN JE00B3XR4V72) closed at £24.56 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 13/11/2026 its total return was −33.0%, or −47.7% after UK CPIH inflation.

## Summary

WisdomTree Long JPY Short GBP is an exchange-traded product from WisdomTree, launched in 2010. It tracks the MSFX Long Japanese Yen/GBP Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **£24.56** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GBJP |
| ISIN | JE00B3XR4V72 |
| Category | Other |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | MSFX Long Japanese Yen/GBP Index - GBP |
| Ongoing charge | 0.39% a year (£39 per £10,000) |
| Fund size | £3.1m |
| Launched | 2010 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 21/06/2010 |

## 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 | -4.81% | -8.18% | income reinvested |
| 3 years | -14.54% | -22.79% | income reinvested |
| 5 years | -33.02% | -47.72% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Long JPY Short GBP in pounds (price only): 2022 −4.1%, 2023 −13.5%, 2024 −9.2%, 2025 −8.7%; 2026 to 13/11/2026 −0.7%. Returns of WisdomTree Long JPY Short GBP in pounds (price only) over the 12 months to 30/09/2026: −5.6%; to 30/09/2025: −4.9%; to 30/09/2024: −6.5%; to 30/09/2023: −13.1%; to 30/09/2022: −8.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.1% | -12.2% | Price |
| 2023 | -13.5% | -17.0% | Price |
| 2024 | -9.2% | -12.2% | Price |
| 2025 | -8.7% | -11.8% | Price |
| 2026 to 13/11/2026 | -0.7% | -3.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.15% | -8.33% |
| 3 years | 8.44% | -20.39% |
| 5 years | 9.10% | -36.23% |

## Largest fall

Volatility of WisdomTree Long JPY Short GBP in pounds, annualised from weekly returns to 13/11/2026: 6.1% over 1 year, 8.4% over 3 years, 9.1% over 5 years. Largest fall in the price of WisdomTree Long JPY Short GBP since November 2021, in pounds: −36.2% from 03/12/2021 to 17/07/2026. The lowest 12-month return of WisdomTree Long JPY Short GBP in pounds (price only) since January 2021 was −17.8% (12 months to 22/03/2024); the highest was +2.9% (12 months to 04/07/2025). On 13/11/2026 the price of WisdomTree Long JPY Short GBP was 34.2% below its highest weekly close since November 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Long JPY Short GBP 0.39% a year. Compared on 14/11/2026, 54 of the 68 other other funds charge more, 10 the same and 4 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.39%** 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 GBJP?**

The ongoing charge of GBJP is 0.39% a year — about £39 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 Long JPY Short GBP 0.39% a year. Compared on 14/11/2026, 54 of the 68 other other funds charge more, 10 the same and 4 less (share classes counted once).

**What does GBJP track?**

GBJP tracks the MSFX Long Japanese Yen/GBP Index - GBP.

**What is the ISIN of GBJP?**

The ISIN of GBJP is JE00B3XR4V72. An ISIN identifies one exact share class of a fund; GBJP is its ticker on the London Stock Exchange.

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

Calendar-year returns of GBJP in pounds (price only): 2022 −4.1%, 2023 −13.5%, 2024 −9.2%, 2025 −8.7%; 2026 to 13/11/2026 −0.7%. Past performance is not a guide to future returns.

**How has GBJP done after inflation?**

Over the five years to 13/11/2026 GBJP’s total return was −33.0%, or −47.7% 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.