# WisdomTree Brent Crude Oil 1x Daily Short (SBRT)

**Source:** https://fundology.uk/fund/sbrt · ISIN JE00B78DPL57 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, SBRT (WisdomTree Brent Crude Oil 1x Daily Short, ISIN JE00B78DPL57) closed at $7.06 on the London Stock Exchange. Its ongoing charge is 1.03% a year (about £103 on £10,000). Over the five years to 30/09/2026 its total return was −73.9%, or −79.6% after UK CPIH inflation.

## Summary

WisdomTree Brent Crude Oil 1x Daily Short is an exchange-traded fund (ETF) 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 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: **$7.06** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SBRT |
| ISIN | JE00B78DPL57 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | WisdomTree |
| Tracks | Bloomberg Brent Crude Oil SL Excess Return Index - USD - Benchmark TR Gross |
| Ongoing charge | 1.03% a year (£103 per £10,000) |
| Fund size | £31.0m |
| Launched | 2012 |
| Domicile | United Kingdom |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -51.45% | -52.98% | income reinvested |
| 3 years | -52.99% | -57.58% | income reinvested |
| 5 years | -73.90% | -79.59% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of WisdomTree Brent Crude Oil 1x Daily Short in pounds (price only; the fund pays no income): 2022 −28.0%, 2023 −10.3%, 2024 −3.4%, 2025 −2.9%; 2026 to 30/09/2026 −55.3%. Returns of WisdomTree Brent Crude Oil 1x Daily Short in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −51.3%; to 30/09/2025: −10.6%; to 30/09/2024: +5.5%; to 30/09/2023: −27.3%; to 30/09/2022: −24.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -28.0% | -34.1% | Price |
| 2023 | -10.3% | -13.9% | Price |
| 2024 | -3.4% | -6.7% | Price |
| 2025 | -2.9% | -6.2% | Price |
| 2026 to 30/09/2026 | -55.3% | -56.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 40.82% | -57.69% |
| 3 years | 31.56% | -60.37% |
| 5 years | 32.92% | -76.25% |

## Largest fall

Volatility of WisdomTree Brent Crude Oil 1x Daily Short in pounds, annualised from weekly returns to 30/09/2026: 40.8% over 1 year, 31.6% over 3 years, 32.9% over 5 years. Largest fall in the price of WisdomTree Brent Crude Oil 1x Daily Short since October 2021, in pounds: −76.2% from 03/12/2021 to 11/09/2026. The lowest 12-month return of WisdomTree Brent Crude Oil 1x Daily Short in pounds (price only; the fund pays no income) since January 2021 was −55.4% (12 months to 25/03/2022); the highest was +24.9% (12 months to 24/03/2023). On 30/09/2026 the price of WisdomTree Brent Crude Oil 1x Daily Short was 76.0% below its highest weekly close since October 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Brent Crude Oil 1x Daily Short 1.03% a year, as of 01/10/2026: 104 of the 280 other leveraged and inverse products charge more, 14 the same and 162 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.03%** per year
- ISA eligible: yes
- SIPP eligible: yes

---

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.