# WisdomTree Sugar 2x Daily Leveraged (LSUG) **Page:** https://fundology.uk/fund/lsug · ISIN JE00B2NFTW01 ## 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, LSUG (WisdomTree Sugar 2x Daily Leveraged, ISIN JE00B2NFTW01) closed at $2.69 on the London Stock Exchange. Its ongoing charge is 1.03% a year (about £103 on £10,000). Over the five years to 13/11/2026 its total return was −19.8%, or −37.4% after UK CPIH inflation. ## Summary WisdomTree Sugar 2x Daily Leveraged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2008. 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 1.03% a year — about £103 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: **$2.69** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | LSUG | | ISIN | JE00B2NFTW01 | | Also listed as | 4RUH (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETC | | Provider | WisdomTree | | Tracks | Bloomberg Sugar Subindex (TR) | | Ongoing charge | 1.03% a year (£103 per £10,000) | | Fund size | £2.9m | | Launched | 2008 | | 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 | +27.44% | +22.92% | income reinvested | | 3 years | -65.94% | -69.23% | income reinvested | | 5 years | -19.83% | -37.42% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Sugar 2x Daily Leveraged in pounds (price only; the fund pays no income): 2022 +31.0%, 2023 +26.8%, 2024 −16.6%, 2025 −47.8%; 2026 to 13/11/2026 +31.5%. Returns of WisdomTree Sugar 2x Daily Leveraged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +6.8%; to 30/09/2025: −46.9%; to 30/09/2024: −32.8%; to 30/09/2023: +136.0%; to 30/09/2022: −5.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +31.0% | +19.9% | Price | | 2023 | +26.8% | +21.7% | Price | | 2024 | -16.6% | -19.4% | Price | | 2025 | -47.8% | -49.6% | Price | | 2026 to 13/11/2026 | +31.5% | +27.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 57.06% | -30.73% | | 3 years | 54.02% | -77.75% | | 5 years | 51.51% | -78.25% | ## Largest fall Volatility of WisdomTree Sugar 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 57.1% over 1 year, 54.0% over 3 years, 51.5% over 5 years. Largest fall in the price of WisdomTree Sugar 2x Daily Leveraged since November 2021, in pounds: −78.3% from 03/11/2023 to 17/04/2026. The lowest 12-month return of WisdomTree Sugar 2x Daily Leveraged in pounds (price only; the fund pays no income) since January 2021 was −59.1% (12 months to 07/11/2025); the highest was +169.9% (12 months to 27/10/2023). On 13/11/2026 the price of WisdomTree Sugar 2x Daily Leveraged was 66.4% below its highest weekly close since November 2021 (03/11/2023), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Sugar 2x Daily Leveraged 1.03% a year. Compared on 14/11/2026, 107 of the 210 other leveraged and inverse products charge more, 14 the same and 89 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **1.03%** 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 LSUG?** The ongoing charge of LSUG is 1.03% a year — about £103 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 Sugar 2x Daily Leveraged 1.03% a year. Compared on 14/11/2026, 107 of the 210 other leveraged and inverse products charge more, 14 the same and 89 less (share classes counted once). **What does LSUG track?** LSUG tracks the Bloomberg Sugar Subindex (TR). **What is the ISIN of LSUG?** The ISIN of LSUG is JE00B2NFTW01. An ISIN identifies one exact share class of a fund; LSUG is its ticker on the London Stock Exchange. The same share class is also listed as 4RUH (Xetra, euros). **What were LSUG’s returns in each of the last five years?** Calendar-year returns of LSUG in pounds (price only; the fund pays no income): 2022 +31.0%, 2023 +26.8%, 2024 −16.6%, 2025 −47.8%; 2026 to 13/11/2026 +31.5%. Past performance is not a guide to future returns. **How has LSUG done after inflation?** Over the five years to 13/11/2026 LSUG’s total return was −19.8%, or −37.4% 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.