WisdomTree Natural Gas 3x Daily Leveraged

ISIN XS2819843900

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Ticker 3NGL

TER
0.99% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
47 m
 

Overview

Description

The WisdomTree Natural Gas 3x Daily Leveraged seeks to track the Solactive Natural Gas Commodity Futures SL Leverage (3x) index. The Solactive Natural Gas Commodity Futures SL Leverage (3x) index tracks the three times leveraged performance of the Solactive Natural Gas Commodity Futures SL index. The Solactive Natural Gas Commodity Futures SL index tracks the price of futures contracts on natural gas.
 
The ETC's TER (total expense ratio) amounts to 0.99% p.a.. The ETC replicates the performance of the underlying index synthetically with a swap.
 
The WisdomTree Natural Gas 3x Daily Leveraged is a small ETC with 47m GBP assets under management. The ETC was launched on 17 December 2012 and is domiciled in Ireland.
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Leverage strategy

Chart

Basics

Data

Index
Solactive Natural Gas Commodity Futures SL Leverage (3x)
Investment focus
Commodities, Energy, Natural Gas
Fund size
GBP 47 m
Total expense ratio
0.99% p.a.
Replication Synthetic (Swap-based)
Legal structure ETC
Strategy risk Leverage
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
139.70%
Inception/ Listing Date 17 December 2012
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider WisdomTree
Germany Unknown
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETCs

This section provides you with information on other ETCs with a similar investment focus to the WisdomTree Natural Gas 3x Daily Leveraged.
Similar ETCs via investment guides
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD -86.81%
1 month +2.98%
3 months -14.43%
6 months -78.70%
1 year -93.32%
3 years -99.98%
5 years -100.00%
Since inception (MAX) -100.00%
2023 -98.79%
2022 -66.80%
2021 +4.76%
2020 -93.79%

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 139.70%
Volatility 3 years 181.80%
Volatility 5 years 170.40%
Return per risk 1 year -0.67
Return per risk 3 years -0.52
Return per risk 5 years -0.52
Maximum drawdown 1 year -95.07%
Maximum drawdown 3 years -100.00%
Maximum drawdown 5 years -100.00%
Maximum drawdown since inception -100.00%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR 3NGL -
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London Stock Exchange GBX 3LNG -
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XETRA EUR NGXL -
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London Stock Exchange USD 3NGL -
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Further information

Further ETCs with similar investment focus

Fund name Fund Size in m € (AuM) TER p.a. Distribution Replication
WisdomTree WTI Crude Oil 3x Daily Short 19 0.99% p.a. Accumulating Swap-based
WisdomTree Natural Gas 3x Daily Short 18 0.99% p.a. Accumulating Swap-based

Frequently asked questions

What is the name of 3NGL?

The name of 3NGL is WisdomTree Natural Gas 3x Daily Leveraged.

What is the ticker of WisdomTree Natural Gas 3x Daily Leveraged?

The primary ticker of WisdomTree Natural Gas 3x Daily Leveraged is 3NGL.

What is the ISIN of WisdomTree Natural Gas 3x Daily Leveraged?

The ISIN of WisdomTree Natural Gas 3x Daily Leveraged is XS2819843900.

What are the costs of WisdomTree Natural Gas 3x Daily Leveraged?

The total expense ratio (TER) of WisdomTree Natural Gas 3x Daily Leveraged amounts to 0.99% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of WisdomTree Natural Gas 3x Daily Leveraged?

The fund size of WisdomTree Natural Gas 3x Daily Leveraged is 47m GBP. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.