# WisdomTree Nickel 1x Daily Short (SNIK)

**Source:** https://fundology.uk/fund/snik · ISIN JE00B24DKJ77 · 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 01/10/2026, SNIK (WisdomTree Nickel 1x Daily Short, ISIN JE00B24DKJ77) closed at $6.80 on the London Stock Exchange. Its ongoing charge is 1.03% a year (about £103 on £10,000). Over the five years to 01/10/2026 its total return was −58.2%, or −67.3% after UK CPIH inflation.

## Summary

WisdomTree Nickel 1x Daily Short is an exchange-traded fund (ETF) 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.

> **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: **$6.80** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SNIK |
| ISIN | JE00B24DKJ77 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | WisdomTree |
| Tracks | Bloomberg Nickel Subindex |
| Ongoing charge | 1.03% a year (£103 per £10,000) |
| Fund size | £259k |
| Launched | 2008 |
| Domicile | United Kingdom |

## Past returns (periods to 01/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -2.17% | -5.24% | income reinvested |
| 3 years | +17.61% | +6.13% | income reinvested |
| 5 years | -58.23% | -67.35% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of WisdomTree Nickel 1x Daily Short 1.03% a year, as of 02/10/2026: 103 of the 258 other leveraged and inverse products charge more, 14 the same and 141 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.03%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of SNIK?**

The ongoing charge of SNIK 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 Nickel 1x Daily Short 1.03% a year, as of 02/10/2026: 103 of the 258 other leveraged and inverse products charge more, 14 the same and 141 less (share classes counted once).

**What does SNIK track?**

SNIK tracks the Bloomberg Nickel Subindex.

**What is the ISIN of SNIK?**

The ISIN of SNIK is JE00B24DKJ77. An ISIN identifies one exact share class of a fund; SNIK is its ticker on the London Stock Exchange.

**How has SNIK done after inflation?**

Over the five years to 01/10/2026 SNIK’s total return was −58.2%, or −67.3% 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.