# WisdomTree Short JPY Long GBP (JPGB) **Page:** https://fundology.uk/fund/jpgb · ISIN JE00B3QBQJ84 ## 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, JPGB (WisdomTree Short JPY Long GBP, ISIN JE00B3QBQJ84) closed at £79.57 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 +77.0%, or +38.2% after UK CPIH inflation. ## Summary WisdomTree Short JPY Long GBP is an exchange-traded product from WisdomTree, launched in 2010. It tracks the MSFX Short 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. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£79.57** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JPGB | | ISIN | JE00B3QBQJ84 | | Category | Other | | Type | ETN / ETP | | Provider | WisdomTree | | Tracks | MSFX Short Japanese Yen/GBP Index - GBP | | Income | Accumulating | | Ongoing charge | 0.39% a year (£39 per £10,000) | | Fund size | £142k | | 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 | +9.35% | +5.48% | income reinvested | | 3 years | +35.99% | +22.86% | income reinvested | | 5 years | +77.01% | +38.17% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Short JPY Long GBP in pounds (price, with income reinvested in the fund): 2022 +2.1%, 2023 +21.9%, 2024 +17.0%, 2025 +14.9%; 2026 to 13/11/2026 +4.1%. Returns of WisdomTree Short JPY Long GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +10.2%; to 30/09/2025: +11.0%; to 30/09/2024: +13.5%; to 30/09/2023: +19.6%; to 30/09/2022: +5.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +2.1% | -6.6% | Price | | 2023 | +21.9% | +17.1% | Price | | 2024 | +17.0% | +13.1% | Price | | 2025 | +14.9% | +10.9% | Price | | 2026 to 13/11/2026 | +4.1% | +0.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.43% | -4.42% | | 3 years | 8.45% | -9.36% | | 5 years | 9.09% | -9.36% | ## Largest fall Volatility of WisdomTree Short JPY Long GBP in pounds, annualised from weekly returns to 13/11/2026: 6.4% over 1 year, 8.5% over 3 years, 9.1% over 5 years. Largest fall in the price of WisdomTree Short JPY Long GBP since November 2021, in pounds: −9.4% from 05/07/2024 to 13/09/2024. The lowest 12-month return of WisdomTree Short JPY Long GBP in pounds (price, with income reinvested in the fund) since January 2021 was −0.9% (12 months to 11/03/2022); the highest was +29.2% (12 months to 22/03/2024). On 13/11/2026 the price of WisdomTree Short JPY Long GBP was 2.0% below its highest weekly close since November 2021 (24/07/2026), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Short JPY Long 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 JPGB?** The ongoing charge of JPGB 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 Short JPY Long 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 JPGB track?** JPGB tracks the MSFX Short Japanese Yen/GBP Index - GBP. **Is JPGB accumulating or distributing?** JPGB 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 JPGB?** The ISIN of JPGB is JE00B3QBQJ84. An ISIN identifies one exact share class of a fund; JPGB is its ticker on the London Stock Exchange. **What were JPGB’s returns in each of the last five years?** Calendar-year returns of JPGB in pounds (price, with income reinvested in the fund): 2022 +2.1%, 2023 +21.9%, 2024 +17.0%, 2025 +14.9%; 2026 to 13/11/2026 +4.1%. Past performance is not a guide to future returns. **How has JPGB done after inflation?** Over the five years to 13/11/2026 JPGB’s total return was +77.0%, or +38.2% 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.