# WisdomTree Brent Crude Oil - GBP Daily Hedged (PBRT)

**Page:** https://fundology.uk/fund/pbrt · ISIN JE00B766LB87

## 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, PBRT (WisdomTree Brent Crude Oil - GBP Daily Hedged, ISIN JE00B766LB87) closed at £9.76 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 13/11/2026 its total return was +122.8%, or +73.9% after UK CPIH inflation.

## Summary

WisdomTree Brent Crude Oil - GBP Daily Hedged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2012. It tracks the Bloomberg Brent Crude Subindex Pound Sterling Hedged Daily Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund's value rather than billed to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£9.76** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | PBRT |
| ISIN | JE00B766LB87 |
| Category | Gold & commodities |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | Bloomberg Brent Crude Subindex Pound Sterling Hedged Daily Index - GBP |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £3.1m |
| Launched | 2012 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2012 |

## 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 | +86.27% | +79.68% | income reinvested |
| 3 years | +71.25% | +54.72% | income reinvested |
| 5 years | +122.80% | +73.91% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Brent Crude Oil - GBP Daily Hedged in pounds (price only; the fund pays no income): 2022 +26.0%, 2023 +1.6%, 2024 +8.2%, 2025 −13.7%; 2026 to 13/11/2026 +91.4%. Returns of WisdomTree Brent Crude Oil - GBP Daily Hedged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +81.9%; to 30/09/2025: 0.0%; to 30/09/2024: −12.2%; to 30/09/2023: +18.1%; to 30/09/2022: +25.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +26.0% | +15.3% | Price |
| 2023 | +1.6% | -2.4% | Price |
| 2024 | +8.2% | +4.6% | Price |
| 2025 | -13.7% | -16.6% | Price |
| 2026 to 13/11/2026 | +91.4% | +85.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 39.84% | -23.78% |
| 3 years | 30.62% | -24.29% |
| 5 years | 31.33% | -29.61% |

## Largest fall

Volatility of WisdomTree Brent Crude Oil - GBP Daily Hedged in pounds, annualised from weekly returns to 13/11/2026: 39.8% over 1 year, 30.6% over 3 years, 31.3% over 5 years. Largest fall in the price of WisdomTree Brent Crude Oil - GBP Daily Hedged since November 2021, in pounds: −29.6% from 10/06/2022 to 17/03/2023. The lowest 12-month return of WisdomTree Brent Crude Oil - GBP Daily Hedged in pounds (price only; the fund pays no income) since January 2021 was −26.2% (12 months to 09/06/2023); the highest was +111.9% (12 months to 30/10/2026). On 13/11/2026 the price of WisdomTree Brent Crude Oil - GBP Daily Hedged was 14.7% below its highest weekly close since November 2021 (30/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Brent Crude Oil - GBP Daily Hedged 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** 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 PBRT?**

The ongoing charge of PBRT is 0.49% a year — about £49 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 Brent Crude Oil - GBP Daily Hedged 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

**What does PBRT track?**

PBRT tracks the Bloomberg Brent Crude Subindex Pound Sterling Hedged Daily Index - GBP.

**What is the ISIN of PBRT?**

The ISIN of PBRT is JE00B766LB87. An ISIN identifies one exact share class of a fund; PBRT is its ticker on the London Stock Exchange.

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

Calendar-year returns of PBRT in pounds (price only; the fund pays no income): 2022 +26.0%, 2023 +1.6%, 2024 +8.2%, 2025 −13.7%; 2026 to 13/11/2026 +91.4%. Past performance is not a guide to future returns.

**How has PBRT done after inflation?**

Over the five years to 13/11/2026 PBRT’s total return was +122.8%, or +73.9% 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.