Fundology

ETC · WisdomTree

OIL2 WisdomTree WTI Crude Oil 2x Daily Leveraged

ISIN JE00BDD9Q840London Stock Exchange: OIL2WisdomTree, Inc.

Latest close

LSE

£19.11

on

Ongoing charge
1.03% a year
Fund size
£32.1m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, OIL2 (WisdomTree WTI Crude Oil 2x Daily Leveraged, ISIN JE00BDD9Q840) closed at £19.11 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 +121.0%, or +72.5% 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
+192.3%
+181.9% after inflation
3 years to 13/11/2026
+90.9%
+72.5% after inflation
5 years to 13/11/2026
+121.0%
+72.5% after inflation

£1,000 put in five years ago would have been worth about £2,210 on 13/11/2026 — about £1,725 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 WTI Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income): 2024 +17.1%, 2025 −38.2%; 2026 to 13/11/2026 +216.4%. Returns of WisdomTree WTI Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +188.4%; to 30/09/2025: −8.6%; to 30/09/2024: −42.7%.

Calendar-year returns of OIL2, in pounds (price only; the fund pays no income), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to +216.4%+206.3%
to −38.2%−40.3%
to +17.1%+13.1%
Returns of OIL2 over 12-month periods to 30/09/2026, in pounds (price only; the fund pays no income)
12 months toReturnAfter inflation
from +188.4%+178.2%
from −8.6%−12.1%
from −42.7%−44.1%

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)

77.3%over 3 years

Volatility, annualised from weekly returns, by period
1 year104.0%
3 years77.3%

Annualised from weekly returns. Higher means bumpier.

Largest fall since February 2023
−55.7%
From to
Lowest 12-month return
−48.8%
12 months to
Highest 12-month return
+276.7%
12 months to
Below its highest weekly close since February 2023
27.8%
High of , latest

In words: Volatility of WisdomTree WTI Crude Oil 2x Daily Leveraged in pounds, annualised from weekly returns to 13/11/2026: 104.0% over 1 year, 77.3% over 3 years. Largest fall in the price of WisdomTree WTI Crude Oil 2x Daily Leveraged since February 2023, in pounds: −55.7% from 29/09/2023 to 02/05/2025. The lowest 12-month return of WisdomTree WTI Crude Oil 2x Daily Leveraged in pounds (price only; the fund pays no income) since February 2023 was −48.8% (12 months to 11/04/2025); the highest was +276.7% (12 months to 30/10/2026). On 13/11/2026 the price of WisdomTree WTI Crude Oil 2x Daily Leveraged was 27.8% below its highest weekly close since February 2023 (30/10/2026), in pounds.

As of , price only; the fund pays no income

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
1.03%
a year
On £10,000
£103
a year, roughly
Over five years
£504
of £10,000, before growth
Among 211 leveraged and inverse products, share classes counted once
  • 89 charge less
  • 14 the same
  • 107 charge more

Ongoing charge of WisdomTree WTI Crude Oil 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).

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 WTI Crude Oil 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: 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
OIL2
ISIN
JE00BDD9Q840
Also listed as
LOIL (London Stock Exchange, US dollars), 4RT6 (Xetra, euros)
Provider
WisdomTree
Tracks
Bloomberg WTI Crude Oil Subindex (TR)
Structure
ETC
An exchange-traded commodity: a security backed by a commodity such as gold, traded like a share.
Ongoing charge
1.03% a year · about £103 on £10,000
Fund size
£32.1m
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
Pounds (GBP)

Price chart

Closing price
£19.11+175.0% over 1 year · closing price
OIL2 closing price: £6.95 on 14/11/2025, £19.11 on 13/11/2026 (+175.0%); low £6.04, high £26.46.

Over the last year, the closing price went from £6.95 on 14/11/2025 to £19.11 on 13/11/2026 (+175.0%). The lowest close shown was £6.04 on 02/01/2026 and the highest £26.46 on 30/10/2026.

One close a week. Before 31/07/2026 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

195 weekly closes, from 24/02/2023 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

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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 and 3 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 143 rolling 12-month returns since February 2023, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since February 2023, in pounds, with how many weeks each 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 OIL2?

The ongoing charge of OIL2 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 WTI Crude Oil 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 OIL2 track?

OIL2 tracks the Bloomberg WTI Crude Oil Subindex (TR).

What is the ISIN of OIL2?

The ISIN of OIL2 is JE00BDD9Q840. An ISIN identifies one exact share class of a fund; OIL2 is its ticker on the London Stock Exchange. The same share class is also listed as LOIL (London Stock Exchange, US dollars) and 4RT6 (Xetra, euros).

What were OIL2’s returns in each of the last five years?

Calendar-year returns of OIL2 in pounds (price only; the fund pays no income): 2024 +17.1%, 2025 −38.2%; 2026 to 13/11/2026 +216.4%. Past performance is not a guide to future returns.

How has OIL2 done after inflation?

Over the five years to 13/11/2026 OIL2’s total return was +121.0%, or +72.5% 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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