ETN / ETP · Leverage Shares
SDRM Leverage Shares -3x Short Memory DRAM ETP
ISIN XS3393942290London Stock Exchange: SDRMLeverage Shares LLC
- Leveraged & inverse
- ETN / ETP
- ISA
- SIPP
- Accumulating
Latest close
LSE£1.44
on
- Ongoing charge
- 0.01% a year
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, SDRM (Leverage Shares -3x Short Memory DRAM ETP, ISIN XS3393942290) closed at £1.44 on the London Stock Exchange. Its ongoing charge is 0.01% a year (about £1 on £10,000).
Charges compared with similar funds
- Ongoing charge
- 0.01%
- a year
- On £10,000
- £1
- a year, roughly
- Over five years
- £5
- of £10,000, before growth
- 10 charge less
- 16 the same
- 254 charge more
Ongoing charge of Leverage Shares -3x Short Memory DRAM ETP 0.01% a year, as of 01/10/2026: 254 of the 280 other leveraged and inverse products charge more, 16 the same and 10 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Leverage Shares -3x Short Memory DRAM ETP is an exchange-traded product from Leverage Shares, launched in 2026.
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 0.01% a year — about £1 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Key facts
- Ticker
- SDRM
- ISIN
- XS3393942290
- Provider
- Leverage Shares
- 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.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.01% a year · about £1 on £10,000
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Leveraged & inverse
Price chart
Since 29/07/2026, the closing price went from £6.13 on 29/07/2026 to £1.44 on 30/09/2026 (−76.6%). The lowest close shown was £1.40 on 25/09/2026 and the highest £6.13 on 29/07/2026.
Chart: closing prices we have recorded since 29/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
8 weekly closes, from 29/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
Questions people ask
What is the ongoing charge of SDRM?
The ongoing charge of SDRM is 0.01% a year — about £1 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 Leverage Shares -3x Short Memory DRAM ETP 0.01% a year, as of 01/10/2026: 254 of the 280 other leveraged and inverse products charge more, 16 the same and 10 less (share classes counted once).
Is SDRM accumulating or distributing?
SDRM is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of SDRM?
The ISIN of SDRM is XS3393942290. An ISIN identifies one exact share class of a fund; SDRM is its ticker on the London Stock Exchange.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Methodology:Data sourcesReturnsCategoriesAll methods
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