# WisdomTree Heating Oil (HEAT)

**Page:** https://fundology.uk/fund/heat · ISIN GB00B15KXY63

## 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, HEAT (WisdomTree Heating Oil, ISIN GB00B15KXY63) closed at $61.87 on the London Stock Exchange. Its ongoing charge is 0.54% a year (about £54 on £10,000). Over the five years to 13/11/2026 its total return was +398.0%, or +288.7% after UK CPIH inflation.

## Summary

WisdomTree Heating Oil is an exchange-traded commodity (ETC) from WisdomTree, launched in 2006. It tracks the Bloomberg Heating Oil Subindex. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.54% a year — about £54 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **$61.87** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HEAT |
| ISIN | GB00B15KXY63 |
| Also listed as | OD7I (Xetra, euros) |
| Category | Gold & commodities |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | Bloomberg Heating Oil Subindex |
| Ongoing charge | 0.54% a year (£54 per £10,000) |
| Fund size | £10.8m |
| Launched | 2006 |
| Domicile | United Kingdom |

## 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 | +135.58% | +127.23% | income reinvested |
| 3 years | +141.19% | +117.91% | income reinvested |
| 5 years | +398.03% | +288.74% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Heating Oil in pounds (price only; the fund pays no income): 2022 +109.7%, 2023 −7.9%, 2024 +2.7%, 2025 −3.2%; 2026 to 13/11/2026 +172.0%. Returns of WisdomTree Heating Oil in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +177.6%; to 30/09/2025: +16.3%; to 30/09/2024: −30.9%; to 30/09/2023: +19.5%; to 30/09/2022: +107.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +109.7% | +91.9% | Price |
| 2023 | -7.9% | -11.6% | Price |
| 2024 | +2.7% | -0.8% | Price |
| 2025 | -3.2% | -6.5% | Price |
| 2026 to 13/11/2026 | +172.0% | +163.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 55.75% | -21.01% |
| 3 years | 41.31% | -26.98% |
| 5 years | 42.71% | -38.37% |

## Largest fall

Volatility of WisdomTree Heating Oil in pounds, annualised from weekly returns to 13/11/2026: 55.7% over 1 year, 41.3% over 3 years, 42.7% over 5 years. Largest fall in the price of WisdomTree Heating Oil since November 2021, in pounds: −38.4% from 04/11/2022 to 05/05/2023. The lowest 12-month return of WisdomTree Heating Oil in pounds (price only; the fund pays no income) since January 2021 was −30.9% (12 months to 27/09/2024); the highest was +191.0% (12 months to 16/10/2026). On 13/11/2026 the price of WisdomTree Heating Oil was 9.5% below its highest weekly close since November 2021 (23/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Heating Oil 0.54% a year. Compared on 14/11/2026, 22 of the 149 other gold and commodity funds charge more, 14 the same and 113 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.54%** 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 HEAT?**

The ongoing charge of HEAT is 0.54% a year — about £54 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 Heating Oil 0.54% a year. Compared on 14/11/2026, 22 of the 149 other gold and commodity funds charge more, 14 the same and 113 less (share classes counted once).

**What does HEAT track?**

HEAT tracks the Bloomberg Heating Oil Subindex.

**What is the ISIN of HEAT?**

The ISIN of HEAT is GB00B15KXY63. An ISIN identifies one exact share class of a fund; HEAT is its ticker on the London Stock Exchange. The same share class is also listed as OD7I (Xetra, euros).

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

Calendar-year returns of HEAT in pounds (price only; the fund pays no income): 2022 +109.7%, 2023 −7.9%, 2024 +2.7%, 2025 −3.2%; 2026 to 13/11/2026 +172.0%. Past performance is not a guide to future returns.

**How has HEAT done after inflation?**

Over the five years to 13/11/2026 HEAT’s total return was +398.0%, or +288.7% 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.
