# WisdomTree Lead (LEED)

**Page:** https://fundology.uk/fund/leed · ISIN JE00B2QY0436

## 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, LEED (WisdomTree Lead, ISIN JE00B2QY0436) closed at $15.68 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 13/11/2026 its total return was −22.8%, or −39.7% after UK CPIH inflation.

## Summary

WisdomTree Lead is an exchange-traded commodity (ETC) from WisdomTree, launched in 2009. It tracks the Bloomberg Lead Subindex (TR). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **$15.68** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LEED |
| ISIN | JE00B2QY0436 |
| Category | Gold & commodities |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | Bloomberg Lead Subindex (TR) |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £1.4m |
| Launched | 2009 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2009 |

## 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 | -15.53% | -18.52% | income reinvested |
| 3 years | -28.27% | -35.19% | income reinvested |
| 5 years | -22.77% | -39.72% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Lead in pounds (price only; the fund pays no income): 2022 +15.4%, 2023 −13.1%, 2024 −6.1%, 2025 −6.7%; 2026 to 13/11/2026 −8.9%. Returns of WisdomTree Lead in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −11.2%; to 30/09/2025: −7.8%; to 30/09/2024: −11.2%; to 30/09/2023: +7.5%; to 30/09/2022: +11.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +15.4% | +5.6% | Price |
| 2023 | -13.1% | -16.5% | Price |
| 2024 | -6.1% | -9.3% | Price |
| 2025 | -6.7% | -9.9% | Price |
| 2026 to 13/11/2026 | -8.9% | -11.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.28% | -15.72% |
| 3 years | 14.18% | -30.87% |
| 5 years | 17.72% | -31.86% |

## Largest fall

Volatility of WisdomTree Lead in pounds, annualised from weekly returns to 13/11/2026: 11.3% over 1 year, 14.2% over 3 years, 17.7% over 5 years. Largest fall in the price of WisdomTree Lead since November 2021, in pounds: −31.9% from 30/12/2022 to 06/11/2026. The lowest 12-month return of WisdomTree Lead in pounds (price only; the fund pays no income) since January 2021 was −21.2% (12 months to 30/05/2025); the highest was +32.7% (12 months to 01/04/2022). On 13/11/2026 the price of WisdomTree Lead was 30.6% below its highest weekly close since November 2021 (30/12/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Lead 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** 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 LEED?**

The ongoing charge of LEED is 0.49% a year — about £49 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 Lead 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

**What does LEED track?**

LEED tracks the Bloomberg Lead Subindex (TR).

**What is the ISIN of LEED?**

The ISIN of LEED is JE00B2QY0436. An ISIN identifies one exact share class of a fund; LEED is its ticker on the London Stock Exchange.

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

Calendar-year returns of LEED in pounds (price only; the fund pays no income): 2022 +15.4%, 2023 −13.1%, 2024 −6.1%, 2025 −6.7%; 2026 to 13/11/2026 −8.9%. Past performance is not a guide to future returns.

**How has LEED done after inflation?**

Over the five years to 13/11/2026 LEED’s total return was −22.8%, or −39.7% 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.