# Wisdomtree Strategic Metals UCITS ETF Hedged GBP (WENP) **Page:** https://fundology.uk/fund/wenp · ISIN IE0000T4S954 ## 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, WENP (Wisdomtree Strategic Metals UCITS ETF Hedged GBP, ISIN IE0000T4S954) closed at £11.14 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the year to 13/11/2026 its total return was −0.4%, or −4.0% after UK CPIH inflation. ## Summary Wisdomtree Strategic Metals UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from WisdomTree, launched in 2025. It tracks the WisdomTree Energy Transition Metals Commodity UCITS Index - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£11.14** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WENP | | ISIN | IE0000T4S954 | | Category | Gold & commodities | | Type | ETF | | Provider | WisdomTree | | Tracks | WisdomTree Energy Transition Metals Commodity UCITS Index - Benchmark TR Gross | | Income | Distributing | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £113m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 25/11/2025 | ## 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 | -0.44% | -3.96% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Wisdomtree Strategic Metals UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2026 to 13/11/2026 −5.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | -5.5% | -8.5% | Price | ## Charges compared with similar funds Ongoing charge of Wisdomtree Strategic Metals UCITS ETF Hedged GBP 0.50% a year. Compared on 14/11/2026, 38 of the 149 other gold and commodity funds charge more, 4 the same and 107 less (share classes counted once). ## Funds tracking the same index 2 funds track WisdomTree Energy Transition Metals Commodity UCITS Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.50% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Wisdomtree Issuer ICAV - Wisdomtree Strategic Metals UCITS ETF AccumUSD | 0.50% | — | — | — | | Wisdomtree Strategic Metals UCITS ETF Hedged GBP (this fund) | 0.50% | -0.4% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** 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 WENP?** The ongoing charge of WENP is 0.50% a year — about £50 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 Strategic Metals UCITS ETF Hedged GBP 0.50% a year. Compared on 14/11/2026, 38 of the 149 other gold and commodity funds charge more, 4 the same and 107 less (share classes counted once). **What does WENP track?** WENP tracks the WisdomTree Energy Transition Metals Commodity UCITS Index - Benchmark TR Gross. **Is WENP accumulating or distributing?** WENP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of WENP?** The ISIN of WENP is IE0000T4S954. An ISIN identifies one exact share class of a fund; WENP is its ticker on the London Stock Exchange. **What were WENP’s returns in each of the last five years?** Calendar-year returns of WENP in pounds (price only, income paid out not included): 2026 to 13/11/2026 −5.5%. Past performance is not a guide to future returns. **How has WENP done after inflation?** Over the year to 13/11/2026 WENP’s total return was −0.4%, or −4.0% 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.