# WisdomTree Short GBP Long USD (SGBP)

**Page:** https://fundology.uk/fund/sgbp · ISIN JE00B68GRJ90

## 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, SGBP (WisdomTree Short GBP Long USD, ISIN JE00B68GRJ90) closed at $62.17 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 13/11/2026 its total return was +15.5%, or −9.8% after UK CPIH inflation.

## Summary

WisdomTree Short GBP Long USD is an exchange-traded product from WisdomTree, launched in 2009. It tracks the MSFX Short British Pound Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **$62.17** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SGBP |
| ISIN | JE00B68GRJ90 |
| Category | Other |
| Type | ETN / ETP |
| Provider | WisdomTree |
| Tracks | MSFX Short British Pound Index |
| Ongoing charge | 0.39% a year (£39 per £10,000) |
| Fund size | £307k |
| Launched | 2009 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2009 |

## 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 | +1.30% | -2.29% | income reinvested |
| 3 years | -4.18% | -13.43% | income reinvested |
| 5 years | +15.54% | -9.82% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of WisdomTree Short GBP Long USD in pounds (price only): 2022 +24.7%, 2023 −7.0%, 2024 +9.6%, 2025 −12.7%; 2026 to 13/11/2026 +5.9%. Returns of WisdomTree Short GBP Long USD in pounds (price only) over the 12 months to 30/09/2026: +5.3%; to 30/09/2025: +1.9%; to 30/09/2024: −13.0%; to 30/09/2023: −15.0%; to 30/09/2022: +47.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +24.7% | +14.1% | Price |
| 2023 | -7.0% | -10.7% | Price |
| 2024 | +9.6% | +5.9% | Price |
| 2025 | -12.7% | -15.7% | Price |
| 2026 to 13/11/2026 | +5.9% | +2.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.01% | -8.85% |
| 3 years | 12.76% | -20.09% |
| 5 years | 15.15% | -29.40% |

## Largest fall

Volatility of WisdomTree Short GBP Long USD in pounds, annualised from weekly returns to 13/11/2026: 12.0% over 1 year, 12.8% over 3 years, 15.1% over 5 years. Largest fall in the price of WisdomTree Short GBP Long USD since November 2021, in pounds: −29.4% from 23/09/2022 to 27/06/2025. The lowest 12-month return of WisdomTree Short GBP Long USD in pounds (price only) since January 2021 was −17.1% (12 months to 22/09/2023); the highest was +52.8% (12 months to 23/09/2022). On 13/11/2026 the price of WisdomTree Short GBP Long USD was 21.2% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Short GBP Long USD 0.39% a year. Compared on 14/11/2026, 54 of the 68 other other funds charge more, 10 the same and 4 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.39%** 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 SGBP?**

The ongoing charge of SGBP is 0.39% a year — about £39 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 GBP Long USD 0.39% a year. Compared on 14/11/2026, 54 of the 68 other other funds charge more, 10 the same and 4 less (share classes counted once).

**What does SGBP track?**

SGBP tracks the MSFX Short British Pound Index.

**What is the ISIN of SGBP?**

The ISIN of SGBP is JE00B68GRJ90. An ISIN identifies one exact share class of a fund; SGBP is its ticker on the London Stock Exchange.

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

Calendar-year returns of SGBP in pounds (price only): 2022 +24.7%, 2023 −7.0%, 2024 +9.6%, 2025 −12.7%; 2026 to 13/11/2026 +5.9%. Past performance is not a guide to future returns.

**How has SGBP done after inflation?**

Over the five years to 13/11/2026 SGBP’s total return was +15.5%, or −9.8% 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.