# WisdomTree Physical Ethereum (WETP) **Page:** https://fundology.uk/fund/wetp · ISIN GB00BJYDH394 ## 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, WETP (WisdomTree Physical Ethereum, ISIN GB00BJYDH394) closed at £14.44 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was −43.9%, or −56.2% after UK CPIH inflation. ## Summary WisdomTree Physical Ethereum is an exchange-traded product from WisdomTree, launched in 2021. It tracks the ETH/USD Exchange Rate - USD - Benchmark Price Return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you. > **Crypto:** Cryptoassets are high-risk and largely unregulated in the UK. Prices can rise and fall very sharply, and you could lose all the money you put in. Latest close: **£14.44** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WETP | | ISIN | GB00BJYDH394 | | Also listed as | ETHW (London Stock Exchange, US dollars), WETH (Xetra, euros) | | Category | Crypto | | Type | ETN / ETP | | Provider | WisdomTree | | Tracks | ETH/USD Exchange Rate - USD - Benchmark Price Return | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £142m | | Launched | 2021 | | Domicile | United Kingdom | ## 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 | -42.51% | -44.55% | income reinvested | | 5 years | -43.90% | -56.21% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Physical Ethereum in pounds (price only; the fund pays no income): 2025 −19.7%; 2026 to 13/11/2026 −36.3%. Returns of WisdomTree Physical Ethereum in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: −39.0%; to 30/09/2025: +67.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -19.7% | -22.4% | Price | | 2026 to 13/11/2026 | -36.3% | -38.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 59.45% | -52.63% | ## Largest fall Volatility of WisdomTree Physical Ethereum in pounds, annualised from weekly returns to 13/11/2026: 59.5% over 1 year. Largest fall in the price of WisdomTree Physical Ethereum since May 2024, in pounds: −65.0% from 22/08/2025 to 05/06/2026. The lowest 12-month return of WisdomTree Physical Ethereum in pounds (price only; the fund pays no income) since May 2024 was −58.5% (12 months to 18/08/2026); the highest was +84.9% (12 months to 12/09/2025). On 13/11/2026 the price of WisdomTree Physical Ethereum was 57.1% below its highest weekly close since May 2024 (22/08/2025), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Physical Ethereum 0.35% a year. Compared on 14/11/2026, 10 of the 19 other crypto products charge more, 1 the same and 8 less (share classes counted once). ## Funds tracking the same index 3 funds track ETH/USD Exchange Rate - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.10% to 1.50% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | 21Shares Ethereum Core ETP | 0.10% | -41.4% | -41.9% | — | | 21Shares Ethereum ETP | 1.50% | -42.1% | — | -58.1% | | WisdomTree Physical Ethereum (this fund) | 0.35% | -42.5% | — | -43.9% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: no (crypto ETN). Since 06/04/2026 crypto ETNs cannot be added to a stocks and shares ISA (or a Junior ISA). HMRC rules allow them in an Innovative Finance ISA, where a provider offers one, and in a SIPP. Crypto ETNs bought into a stocks and shares ISA before that date may stay there. - 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 WETP?** The ongoing charge of WETP is 0.35% a year — about £35 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 Physical Ethereum 0.35% a year. Compared on 14/11/2026, 10 of the 19 other crypto products charge more, 1 the same and 8 less (share classes counted once). **What does WETP track?** WETP tracks the ETH/USD Exchange Rate - USD - Benchmark Price Return. **What is the ISIN of WETP?** The ISIN of WETP is GB00BJYDH394. An ISIN identifies one exact share class of a fund; WETP is its ticker on the London Stock Exchange. The same share class is also listed as ETHW (London Stock Exchange, US dollars) and WETH (Xetra, euros). **What were WETP’s returns in each of the last five years?** Calendar-year returns of WETP in pounds (price only; the fund pays no income): 2025 −19.7%; 2026 to 13/11/2026 −36.3%. Past performance is not a guide to future returns. **How has WETP done after inflation?** Over the five years to 13/11/2026 WETP’s total return was −43.9%, or −56.2% 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.