Fundology

ETN / ETP · WisdomTree

LJP3 WisdomTree Long JPY Short USD 3x Daily

ISIN JE00B3X9GJ56London Stock Exchange: LJP3WisdomTree, Inc.

Latest close

LSE

$1.74

on

Ongoing charge
0.98% a year
Fund size
£2.8m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, LJP3 (WisdomTree Long JPY Short USD 3x Daily, ISIN JE00B3X9GJ56) closed at $1.74 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 −80.4%, or −84.7% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
−17.8%
−20.7% after inflation
3 years to 13/11/2026
−47.1%
−52.2% after inflation
5 years to 13/11/2026
−80.4%
−84.7% after inflation

£1,000 put in five years ago would have been worth about £196 on 13/11/2026 — about £153 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

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

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of WisdomTree Long JPY Short USD 3x Daily in pounds (price only): 2022 −32.4%, 2023 −34.8%, 2024 −36.5%, 2025 −17.8%; 2026 to 12/11/2026 −11.2%. Returns of WisdomTree Long JPY Short USD 3x Daily in pounds (price only) over the 12 months to 30/09/2026: −24.3%; to 30/09/2025: −20.0%; to 30/09/2024: −11.8%; to 30/09/2023: −30.0%; to 30/09/2022: −48.1%.

Calendar-year returns of LJP3, in pounds (price only), to 12/11/2026
YearReturnAfter inflationReturn shown as a bar
to −11.2%−14.0%
to −17.8%−20.6%
to −36.5%−38.7%
−34.8%−37.4%
−32.4%−38.1%
Returns of LJP3 over 12-month periods to 30/09/2026, in pounds (price only)
12 months toReturnAfter inflation
from −24.3%−27.0%
from −20.0%−23.1%
from −11.8%−14.1%
from −30.0%−34.2%
from −48.1%−52.3%

As of , inflation: UK CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

26.7%over 5 years

Volatility, annualised from weekly returns, by period
1 year21.5%
3 years26.5%
5 years26.7%

Annualised from weekly returns. Higher means bumpier.

Largest fall since November 2021
−81.9%
From to
Lowest 12-month return
−49.3%
12 months to
Highest 12-month return
+11.5%
12 months to
Below its highest weekly close since November 2021
81.0%
High of , latest

In words: Volatility of WisdomTree Long JPY Short USD 3x Daily in pounds, annualised from weekly returns to 12/11/2026: 21.5% over 1 year, 26.5% over 3 years, 26.7% over 5 years. Largest fall in the price of WisdomTree Long JPY Short USD 3x Daily since November 2021, in pounds: −81.9% from 03/12/2021 to 29/07/2026. The lowest 12-month return of WisdomTree Long JPY Short USD 3x Daily in pounds (price only) since January 2021 was −49.3% (12 months to 04/11/2022); the highest was +11.5% (12 months to 04/07/2025). On 12/11/2026 the price of WisdomTree Long JPY Short USD 3x Daily was 81.0% below its highest weekly close since November 2021 (03/12/2021), in pounds.

As of , price only

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.98%
a year
On £10,000
£98
a year, roughly
Over five years
£480
of £10,000, before growth
Among 211 leveraged and inverse products, share classes counted once
  • 51 charge less
  • 17 the same
  • 142 charge more

Ongoing charge of WisdomTree Long JPY Short USD 3x Daily 0.98% a year. Compared on 13/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

As of

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

WisdomTree Long JPY 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: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.

Terms:Index fundLeveraged ETPsShare classISIN

Key facts

Ticker
LJP3
ISIN
JE00B3X9GJ56
Provider
WisdomTree
Tracks
MSFX Triple Long Japanese Yen Index
Structure
ETN / ETP
An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
Ongoing charge
0.98% a year · about £98 on £10,000
Fund size
£2.8m
Launched
Domicile
Jersey
UK reporting fund status
Yes — on HMRC’s list of reporting funds (list of )
Reporting fund since . What reporting fund status means
Can usually be held in
ISA and SIPP
Check with your platform: each decides which funds it offers.
Currency hedged
No
Price currency
USD

Price chart

Closing price
$1.74−17.5% over 1 year · closing price
LJP3 closing price: $2.11 on 14/11/2025, $1.74 on 13/11/2026 (−17.5%); low $1.67, high $2.12.

Over the last year, the closing price went from $2.11 on 14/11/2025 to $1.74 on 13/11/2026 (−17.4%). The lowest close shown was $1.67 on 29/07/2026 and the highest $2.12 on 13/02/2026.

One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price as traded.

As of , at least 15 min delayed

Five years of prices, and after inflation

258 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 250 rolling 12-month returns since January 2021, and of 146 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The largest fall since November 2021, in pounds, with how many weeks it took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

Questions people ask

What is the ongoing charge of LJP3?

The ongoing charge of LJP3 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 JPY Short USD 3x Daily 0.98% a year. Compared on 13/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

What does LJP3 track?

LJP3 tracks the MSFX Triple Long Japanese Yen Index.

What is the ISIN of LJP3?

The ISIN of LJP3 is JE00B3X9GJ56. An ISIN identifies one exact share class of a fund; LJP3 is its ticker on the London Stock Exchange.

What were LJP3’s returns in each of the last five years?

Calendar-year returns of LJP3 in pounds (price only): 2022 −32.4%, 2023 −34.8%, 2024 −36.5%, 2025 −17.8%; 2026 to 12/11/2026 −11.2%. Past performance is not a guide to future returns.

How has LJP3 done after inflation?

Over the five years to 13/11/2026 LJP3’s total return was −80.4%, or −84.7% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More leveraged and inverse products, largest first. Size is a fact, not a verdict.

Fund documents and methods

Methodology:ReturnsCategoriesAll methods

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