# Leverage Shares -3x Short Memory DRAM ETP (SDRM)

**Source:** https://fundology.uk/fund/sdrm · ISIN XS3393942290 · 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, 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).

## Summary

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:** 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: **£1.44** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SDRM |
| ISIN | XS3393942290 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Income | Accumulating |
| Ongoing charge | 0.01% a year (£1 per £10,000) |
| Launched | 2026 |
| Domicile | Ireland |

## Charges compared with similar funds

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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.01%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.