Fundology

ETN / ETP · Leverage Shares

RRRR Relay Race ETP

ISIN XS3068791030London Stock Exchange: RRRRLeverage Shares LLC

Latest close

LSE

€9.88

on

Ongoing charge
2.81% a year
Fund size
£11.6m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, RRRR (Relay Race ETP, ISIN XS3068791030) closed at €9.88 on the London Stock Exchange. Its ongoing charge is 2.81% a year (about £281 on £10,000). Over the year to 13/11/2026 its total return was +5.3%, or +1.5% 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
+5.3%
+1.5% after inflation

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 Relay Race ETP in pounds (price only): 2026 to 13/11/2026 +5.4%. Returns of Relay Race ETP in pounds (price only) over the 12 months to 30/09/2026: +8.1%.

Calendar-year returns of RRRR, in pounds (price only), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to +5.4%+2.1%
Returns of RRRR over 12-month periods to 30/09/2026, in pounds (price only)
12 months toReturnAfter inflation
from +8.1%+4.3%

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)

14.3%over 1 year

Annualised from weekly returns. Higher means bumpier.

Largest fall since June 2025
−10.4%
From to
Below its highest weekly close since June 2025
5.5%
High of , latest

In words: Volatility of Relay Race ETP in pounds, annualised from weekly returns to 13/11/2026: 14.3% over 1 year. Largest fall in the price of Relay Race ETP since June 2025, in pounds: −10.4% from 31/10/2025 to 27/03/2026. On 13/11/2026 the price of Relay Race ETP was 5.5% below its highest weekly close since June 2025 (19/06/2026), 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
2.81%
a year
On £10,000
£281
a year, roughly
Over five years
£1,328
of £10,000, before growth
Among 69 other funds, share classes counted once
  • 68 charge less
  • 0 the same
  • 0 charge more

Ongoing charge of Relay Race ETP 2.81% a year. Compared on 14/11/2026, 0 of the 68 other other funds charge more, 0 the same and 68 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

Relay Race ETP is an exchange-traded product from Leverage Shares, launched in 2025.

It tracks the No Underlying Index.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 2.81% a year — about £281 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Other: Alternatives, currencies and funds that do not fit the groups above.

Terms:Share classISIN

Key facts

Ticker
RRRR
ISIN
XS3068791030
Tracks
No index — the manager chooses the holdings
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
2.81% a year · about £281 on £10,000
Fund size
£11.6m
Launched
Domicile
Ireland
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
EUR
Category
Other

Price chart

Closing price
€9.88+10.0% over 1 year · closing price
RRRR closing price: €8.98 on 14/11/2025, €9.88 on 13/11/2026 (+10.0%); low €8.46, high €10.27.

Over the last year, the closing price went from €8.98 on 14/11/2025 to €9.88 on 13/11/2026 (+10.0%). The lowest close shown was €8.46 on 27/03/2026 and the highest €10.27 on 09/10/2026.

One close a week. Before 04/09/2026 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

71 weekly closes, from 27/06/2025 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 year, from weekly returns in pounds.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since June 2025, 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 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 RRRR?

The ongoing charge of RRRR is 2.81% a year — about £281 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 Relay Race ETP 2.81% a year. Compared on 14/11/2026, 0 of the 68 other other funds charge more, 0 the same and 68 less (share classes counted once).

What is the ISIN of RRRR?

The ISIN of RRRR is XS3068791030. An ISIN identifies one exact share class of a fund; RRRR is its ticker on the London Stock Exchange.

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

Calendar-year returns of RRRR in pounds (price only): 2026 to 13/11/2026 +5.4%. Past performance is not a guide to future returns.

How has RRRR done after inflation?

Over the year to 13/11/2026 RRRR’s total return was +5.3%, or +1.5% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More other funds, largest first. Size is a fact, not a verdict.

Fund documents and methods

Methodology:ReturnsCategoriesAll methods

A machine-readable copy of this page: Markdown.