ETN / ETP · WisdomTree
USP3 WisdomTree Long USD Short GBP 3x Daily
ISIN JE00B3WCLY57London Stock Exchange: USP3WisdomTree, Inc.
- Leveraged & inverse
- ETN / ETP
- ISA
- SIPP
Latest close
LSE£60.43
on
- Ongoing charge
- 0.98% a year
- Fund size
- £1.5m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, USP3 (WisdomTree Long USD Short GBP 3x Daily, ISIN JE00B3WCLY57) closed at £60.43 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 +2.5%, or −20.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −2.0%
- −5.4% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −14.1%
- −22.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +2.5%
- −20.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,025 on 13/11/2026 — about £800 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of WisdomTree Long USD Short GBP 3x Daily in pounds (price only): 2022 +33.7%, 2023 −14.2%, 2024 +10.5%, 2025 −21.8%; 2026 to 13/11/2026 +6.6%. Returns of WisdomTree Long USD Short GBP 3x Daily in pounds (price only) over the 12 months to 30/09/2026: +4.9%; to 30/09/2025: −1.4%; to 30/09/2024: −22.8%; to 30/09/2023: −23.5%; to 30/09/2022: +71.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +6.6% | +3.2% | |
| to | −21.8% | −24.5% | |
| to | +10.5% | +6.7% | |
| −14.2% | −17.6% | ||
| +33.7% | +22.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +4.9% | +1.2% |
| from | −1.4% | −5.2% |
| from | −22.8% | −24.7% |
| from | −23.5% | −28.0% |
| from | +71.1% | +57.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
23.4%over 5 years
| 1 year | 19.6% |
|---|---|
| 3 years | 20.1% |
| 5 years | 23.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −48.2%
- From to
- Lowest 12-month return
- −29.1%
- 12 months to
- Highest 12-month return
- +87.1%
- 12 months to
- Below its highest weekly close since November 2021
- 41.8%
- High of , latest
In words: Volatility of WisdomTree Long USD Short GBP 3x Daily in pounds, annualised from weekly returns to 13/11/2026: 19.6% over 1 year, 20.1% over 3 years, 23.4% over 5 years. Largest fall in the price of WisdomTree Long USD Short GBP 3x Daily since November 2021, in pounds: −48.2% from 23/09/2022 to 27/06/2025. The lowest 12-month return of WisdomTree Long USD Short GBP 3x Daily in pounds (price only) since January 2021 was −29.1% (12 months to 22/09/2023); the highest was +87.1% (12 months to 23/09/2022). On 13/11/2026 the price of WisdomTree Long USD Short GBP 3x Daily was 41.8% below its highest weekly close since November 2021 (23/09/2022), in pounds.
As of , price only
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.98%
- a year
- On £10,000
- £98
- a year, roughly
- Over five years
- £480
- of £10,000, before growth
- 51 charge less
- 17 the same
- 142 charge more
Ongoing charge of WisdomTree Long USD Short GBP 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).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
WisdomTree Long USD Short GBP 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: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Key facts
- Ticker
- USP3
- ISIN
- JE00B3WCLY57
- Provider
- WisdomTree
- Tracks
- MSFX Triple Long US Dollar/GBP Index - GBP
- Structure
- ETN / ETP
- An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
- Ongoing charge
- 0.98% a year · about £98 on £10,000
- Fund size
- £1.5m
- Launched
- Domicile
- Jersey
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Leveraged & inverse
Price chart
Over the last year, the closing price went from £61.10 on 14/11/2025 to £60.43 on 13/11/2026 (−1.1%). The lowest close shown was £53.80 on 30/01/2026 and the highest £62.10 on 21/11/2025.
One close a week. Before 11/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price as traded.
As of , at least 15 min delayed
Five years of prices, and after inflation
259 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 250 rolling 12-month returns since January 2021, and of 146 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of USP3?
The ongoing charge of USP3 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 Long USD Short GBP 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 USP3 track?
USP3 tracks the MSFX Triple Long US Dollar/GBP Index - GBP.
What is the ISIN of USP3?
The ISIN of USP3 is JE00B3WCLY57. An ISIN identifies one exact share class of a fund; USP3 is its ticker on the London Stock Exchange.
What were USP3’s returns in each of the last five years?
Calendar-year returns of USP3 in pounds (price only): 2022 +33.7%, 2023 −14.2%, 2024 +10.5%, 2025 −21.8%; 2026 to 13/11/2026 +6.6%. Past performance is not a guide to future returns.
How has USP3 done after inflation?
Over the five years to 13/11/2026 USP3’s total return was +2.5%, or −20.0% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- 0W9JAmundi NASDAQ-100 Daily (2X) Leveraged UCITS ETF -Acc-0.60% a year · £1.1bn
- 0WAXAmundi ETF Leveraged MSCI USA Daily0.50% a year · £991m
- XS2DXtrackers S&P 500 2X LEVERAGED DAILY UCITS ETF Capitalisation 1C0.60% a year · £452m
- LQQ3WisdomTree NASDAQ 100 3x Daily Leveraged0.75% a year · £405m
- 0MRTAmundi CAC 40 Daily (2X) Leveraged UCITS ETF -Acc-0.40% a year · £207m
- 0MRPMulti Units France - Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF0.40% a year · £194m
- 3SOIWisdomTree WTI Crude Oil 3x Daily Short0.99% a year · £171m
- 3LGOWisdomTree Gold 3x Daily Leveraged0.99% a year · £163m
Fund documents and methods
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.