# WisdomTree Long EUR Short USD 3x Daily (LEU3)

**Page:** https://fundology.uk/fund/leu3 · ISIN JE00B3Y5F176

## 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, LEU3 (WisdomTree Long EUR Short USD 3x Daily, ISIN JE00B3Y5F176) closed at $9.55 on the London Stock Exchange. Its ongoing charge is 0.98% a year (about £98 on £10,000). Over the five years to 13/11/2026 its total return was −28.7%, or −44.4% after UK CPIH inflation.

## Summary

WisdomTree Long EUR Short USD 3x Daily is an exchange-traded product from WisdomTree, launched in 2010. 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. Its ongoing charge is 0.98% a year — about £98 a year on every £10,000 invested, taken from the fund's value rather than billed 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: **$9.55** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LEU3 |
| ISIN | JE00B3Y5F176 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | MSFX Triple Long Euro Index |
| Ongoing charge | 0.98% a year (£98 per £10,000) |
| Fund size | £461k |
| Launched | 2010 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/11/2010 |

## 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 | -16.66% | -19.61% | income reinvested |
| 3 years | -12.04% | -20.53% | income reinvested |
| 5 years | -28.74% | -44.38% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Long EUR Short USD 3x Daily in pounds (price only): 2022 −14.1%, 2023 +1.7%, 2024 −19.5%, 2025 +29.4%; 2026 to 13/11/2026 −18.3%. Returns of WisdomTree Long EUR Short USD 3x Daily in pounds (price only) over the 12 months to 30/09/2026: −12.1%; to 30/09/2025: +9.9%; to 30/09/2024: +5.4%; to 30/09/2023: +7.4%; to 30/09/2022: −31.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -14.1% | -21.3% | Price |
| 2023 | +1.7% | -2.4% | Price |
| 2024 | -19.5% | -22.2% | Price |
| 2025 | +29.4% | +25.0% | Price |
| 2026 to 13/11/2026 | -18.3% | -20.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.67% | -19.39% |
| 3 years | 16.52% | -20.45% |
| 5 years | 17.11% | -33.57% |

## Largest fall

Volatility of WisdomTree Long EUR Short USD 3x Daily in pounds, annualised from weekly returns to 13/11/2026: 14.7% over 1 year, 16.5% over 3 years, 17.1% over 5 years. Largest fall in the price of WisdomTree Long EUR Short USD 3x Daily since November 2021, in pounds: −31.9% from 04/02/2022 to 10/01/2025. The lowest 12-month return of WisdomTree Long EUR Short USD 3x Daily in pounds (price only) since January 2021 was −34.2% (12 months to 23/09/2022); the highest was +29.5% (12 months to 27/02/2026). On 13/11/2026 the price of WisdomTree Long EUR Short USD 3x Daily was 27.1% below its highest weekly close since November 2021 (04/02/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Long EUR Short USD 3x Daily 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.98%** 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 LEU3?**

The ongoing charge of LEU3 is 0.98% a year — about £98 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 EUR Short USD 3x Daily 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

**What does LEU3 track?**

LEU3 tracks the MSFX Triple Long Euro Index.

**What is the ISIN of LEU3?**

The ISIN of LEU3 is JE00B3Y5F176. An ISIN identifies one exact share class of a fund; LEU3 is its ticker on the London Stock Exchange.

**What were LEU3’s returns in each of the last five years?**

Calendar-year returns of LEU3 in pounds (price only): 2022 −14.1%, 2023 +1.7%, 2024 −19.5%, 2025 +29.4%; 2026 to 13/11/2026 −18.3%. Past performance is not a guide to future returns.

**How has LEU3 done after inflation?**

Over the five years to 13/11/2026 LEU3’s total return was −28.7%, or −44.4% 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.