# WisdomTree NASDAQ 100 3x Daily Short (LQQS) **Page:** https://fundology.uk/fund/lqqs · ISIN IE00BLRPRJ20 ## 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, LQQS (WisdomTree NASDAQ 100 3x Daily Short, ISIN IE00BLRPRJ20) closed at £1.42 on the London Stock Exchange. Its ongoing charge is 0.80% a year (about £80 on £10,000). Over the five years to 13/11/2026 its total return was −94.1%, or −95.4% after UK CPIH inflation. ## Summary WisdomTree NASDAQ 100 3x Daily Short is an exchange-traded product from WisdomTree, launched in 2012. 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 0.8% a year — about £80 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: **£1.42** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | LQQS | | ISIN | IE00BLRPRJ20 | | Also listed as | QQQS (London Stock Exchange, US dollars), 3QSS (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | WisdomTree | | Tracks | NASDAQ 100 3X Inverse Index | | Ongoing charge | 0.80% a year (£80 per £10,000) | | Fund size | £68.9m | | Launched | 2012 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/07/2012 | ## 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 | -39.31% | -41.46% | income reinvested | | 3 years | -90.21% | -91.16% | income reinvested | | 5 years | -94.09% | -95.39% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree NASDAQ 100 3x Daily Short in pounds (price only): 2022 +111.2%, 2023 −75.8%, 2024 −50.2%, 2025 −56.6%; 2026 to 13/11/2026 −35.4%. Returns of WisdomTree NASDAQ 100 3x Daily Short in pounds (price only) over the 12 months to 30/09/2026: −52.2%; to 30/09/2025: −58.5%; to 30/09/2024: −64.3%; to 30/09/2023: −66.1%; to 30/09/2022: +58.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +111.2% | +93.3% | Price | | 2023 | -75.8% | -76.7% | Price | | 2024 | -50.2% | -51.9% | Price | | 2025 | -56.6% | -58.1% | Price | | 2026 to 13/11/2026 | -35.4% | -37.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 54.70% | -60.78% | | 3 years | 56.45% | -92.19% | | 5 years | 63.10% | -97.84% | ## Largest fall Volatility of WisdomTree NASDAQ 100 3x Daily Short in pounds, annualised from weekly returns to 13/11/2026: 54.7% over 1 year, 56.4% over 3 years, 63.1% over 5 years. Largest fall in the price of WisdomTree NASDAQ 100 3x Daily Short since November 2021, in pounds: −97.8% from 14/10/2022 to 09/10/2026. The lowest 12-month return of WisdomTree NASDAQ 100 3x Daily Short in pounds (price only) since January 2021 was −75.8% (12 months to 29/12/2023); the highest was +141.5% (12 months to 04/11/2022). On 13/11/2026 the price of WisdomTree NASDAQ 100 3x Daily Short was 97.2% below its highest weekly close since November 2021 (14/10/2022), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree NASDAQ 100 3x Daily Short 0.80% a year. Compared on 14/11/2026, 162 of the 210 other leveraged and inverse products charge more, 2 the same and 46 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.80%** 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 LQQS?** The ongoing charge of LQQS is 0.80% a year — about £80 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 NASDAQ 100 3x Daily Short 0.80% a year. Compared on 14/11/2026, 162 of the 210 other leveraged and inverse products charge more, 2 the same and 46 less (share classes counted once). **What does LQQS track?** LQQS tracks the NASDAQ 100 3X Inverse Index. **What is the ISIN of LQQS?** The ISIN of LQQS is IE00BLRPRJ20. An ISIN identifies one exact share class of a fund; LQQS is its ticker on the London Stock Exchange. The same share class is also listed as QQQS (London Stock Exchange, US dollars) and 3QSS (Xetra, euros). **What were LQQS’s returns in each of the last five years?** Calendar-year returns of LQQS in pounds (price only): 2022 +111.2%, 2023 −75.8%, 2024 −50.2%, 2025 −56.6%; 2026 to 13/11/2026 −35.4%. Past performance is not a guide to future returns. **How has LQQS done after inflation?** Over the five years to 13/11/2026 LQQS’s total return was −94.1%, or −95.4% 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.