# WisdomTree Natural Gas 1x Daily Short (SNGA) **Page:** https://fundology.uk/fund/snga · ISIN JE00B24DKH53 ## 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, SNGA (WisdomTree Natural Gas 1x Daily Short, ISIN JE00B24DKH53) closed at $619.50 on the London Stock Exchange. Its ongoing charge is 1.03% a year (about £103 on £10,000). Over the five years to 13/11/2026 its total return was +97.7%, or +54.3% after UK CPIH inflation. ## Summary WisdomTree Natural Gas 1x Daily Short is an exchange-traded commodity (ETC) from WisdomTree, launched in 2008. 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. 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: **$619.50** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SNGA | | ISIN | JE00B24DKH53 | | Also listed as | 4RTD (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETC | | Provider | WisdomTree | | Tracks | Bloomberg Natural Gas | | Income | Accumulating | | Ongoing charge | 1.03% a year (£103 per £10,000) | | Fund size | £1.9m | | Launched | 2008 | | 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 | +37.12% | +32.27% | income reinvested | | 3 years | +74.01% | +57.21% | income reinvested | | 5 years | +97.73% | +54.34% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Natural Gas 1x Daily Short in pounds (price, with income reinvested in the fund): 2022 −51.5%, 2023 +121.3%, 2024 +26.9%, 2025 −4.4%; 2026 to 13/11/2026 +20.0%. Returns of WisdomTree Natural Gas 1x Daily Short in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +31.5%; to 30/09/2025: −13.1%; to 30/09/2024: +60.1%; to 30/09/2023: +110.1%; to 30/09/2022: −45.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -51.5% | -55.6% | Price | | 2023 | +121.3% | +112.5% | Price | | 2024 | +26.9% | +22.6% | Price | | 2025 | -4.4% | -7.6% | Price | | 2026 to 13/11/2026 | +20.0% | +16.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 52.26% | -34.17% | | 3 years | 47.16% | -46.64% | | 5 years | 56.03% | -71.54% | ## Largest fall Volatility of WisdomTree Natural Gas 1x Daily Short in pounds, annualised from weekly returns to 13/11/2026: 52.3% over 1 year, 47.2% over 3 years, 56.0% over 5 years. Largest fall in the price of WisdomTree Natural Gas 1x Daily Short since November 2021, in pounds: −71.5% from 31/12/2021 to 26/08/2022. The lowest 12-month return of WisdomTree Natural Gas 1x Daily Short in pounds (price, with income reinvested in the fund) since January 2021 was −74.0% (12 months to 27/05/2022); the highest was +206.1% (12 months to 15/12/2023). On 13/11/2026 the price of WisdomTree Natural Gas 1x Daily Short was 5.5% below its highest weekly close since November 2021 (30/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Natural Gas 1x Daily Short 1.03% a year. Compared on 14/11/2026, 107 of the 210 other leveraged and inverse products charge more, 14 the same and 89 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **1.03%** 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 SNGA?** The ongoing charge of SNGA 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. Platform and dealing fees are charged separately. Ongoing charge of WisdomTree Natural Gas 1x Daily Short 1.03% a year. Compared on 14/11/2026, 107 of the 210 other leveraged and inverse products charge more, 14 the same and 89 less (share classes counted once). **What does SNGA track?** SNGA tracks the Bloomberg Natural Gas. **Is SNGA accumulating or distributing?** SNGA 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 SNGA?** The ISIN of SNGA is JE00B24DKH53. An ISIN identifies one exact share class of a fund; SNGA is its ticker on the London Stock Exchange. The same share class is also listed as 4RTD (Xetra, euros). **What were SNGA’s returns in each of the last five years?** Calendar-year returns of SNGA in pounds (price, with income reinvested in the fund): 2022 −51.5%, 2023 +121.3%, 2024 +26.9%, 2025 −4.4%; 2026 to 13/11/2026 +20.0%. Past performance is not a guide to future returns. **How has SNGA done after inflation?** Over the five years to 13/11/2026 SNGA’s total return was +97.7%, or +54.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.