# WisdomTree Short EUR Long USD 3x Daily (SEU3)

**Page:** https://fundology.uk/fund/seu3 · ISIN JE00B3N9C970

## 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, SEU3 (WisdomTree Short EUR Long USD 3x Daily, ISIN JE00B3N9C970) closed at $93.23 on the London Stock Exchange. Its ongoing charge is 0.98% a year (about £98 on £10,000). Over the five years to 13/11/2026 its total return was +37.3%, or +7.2% after UK CPIH inflation.

## Summary

WisdomTree Short EUR Long USD 3x Daily is an exchange-traded product from WisdomTree, launched in 2010. 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 0.98% a year — about £98 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: **$93.23** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SEU3 |
| ISIN | JE00B3N9C970 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | MSFX Triple Short Euro Index |
| Ongoing charge | 0.98% a year (£98 per £10,000) |
| Fund size | £886k |
| Launched | 2010 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/11/2010 |

## 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 | +20.85% | +16.57% | income reinvested |
| 3 years | +1.94% | -7.90% | income reinvested |
| 5 years | +37.28% | +7.16% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Short EUR Long USD 3x Daily in pounds (price only): 2022 +32.3%, 2023 −10.4%, 2024 +35.9%, 2025 −34.8%; 2026 to 13/11/2026 +28.0%. Returns of WisdomTree Short EUR Long USD 3x Daily in pounds (price only) over the 12 months to 30/09/2026: +17.9%; to 30/09/2025: −10.5%; to 30/09/2024: −17.5%; to 30/09/2023: −24.5%; to 30/09/2022: +99.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +32.3% | +21.1% | Price |
| 2023 | -10.4% | -14.0% | Price |
| 2024 | +35.9% | +31.3% | Price |
| 2025 | -34.8% | -37.0% | Price |
| 2026 to 13/11/2026 | +28.0% | +23.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 22.71% | -12.80% |
| 3 years | 25.28% | -40.01% |
| 5 years | 27.40% | -47.62% |

## Largest fall

Volatility of WisdomTree Short EUR Long USD 3x Daily in pounds, annualised from weekly returns to 13/11/2026: 22.7% over 1 year, 25.3% over 3 years, 27.4% over 5 years. Largest fall in the price of WisdomTree Short EUR Long USD 3x Daily since November 2021, in pounds: −47.6% from 23/09/2022 to 04/07/2025. The lowest 12-month return of WisdomTree Short EUR Long USD 3x Daily in pounds (price only) since January 2021 was −36.5% (12 months to 30/01/2026); the highest was +111.8% (12 months to 23/09/2022). On 13/11/2026 the price of WisdomTree Short EUR Long USD 3x Daily was 29.1% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Short EUR Long USD 3x Daily 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.98%** 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 SEU3?**

The ongoing charge of SEU3 is 0.98% a year — about £98 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 Short EUR Long USD 3x Daily 0.98% a year. Compared on 14/11/2026, 142 of the 210 other leveraged and inverse products charge more, 17 the same and 51 less (share classes counted once).

**What does SEU3 track?**

SEU3 tracks the MSFX Triple Short Euro Index.

**What is the ISIN of SEU3?**

The ISIN of SEU3 is JE00B3N9C970. An ISIN identifies one exact share class of a fund; SEU3 is its ticker on the London Stock Exchange.

**What were SEU3’s returns in each of the last five years?**

Calendar-year returns of SEU3 in pounds (price only): 2022 +32.3%, 2023 −10.4%, 2024 +35.9%, 2025 −34.8%; 2026 to 13/11/2026 +28.0%. Past performance is not a guide to future returns.

**How has SEU3 done after inflation?**

Over the five years to 13/11/2026 SEU3’s total return was +37.3%, or +7.2% 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.