2UKLWisdomTree FTSE 100 2x Daily Leveraged
ISIN: IE00B94QKC830,49%
Management Fee (MER)
As of 2/7/2026
3 July 2013
Inception Date
US$3,862,489
Fund AUM
As of 2/7/2026
GBP
Base currency
Overview
Product Description
WisdomTree FTSE 100 2x Daily Leveraged is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged exposure to the FTSE 100. The ETP tracks the FTSE 100 Daily Leveraged RT TR Index (UKXL2X), providing a total return comprised of 2 times the daily performance of the FTSE 100 Net Dividend Total Return Index, adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks. For example, if the FTSE 100 Net Dividend Total Return Index rises by 1% over a day, then the ETP will rise by 2%, excluding fees. However if the FTSE 100 Net Dividend Total Return Index falls by 1% over a day, then the ETP will fall by 2%, excluding fees.
Why 2UKL?
- Gain a leveraged exposure to the performance of FTSE 100.
- Magnify your returns in one simple trade.
- UCITS eligible and fully collateralised.
- Transparent performance and fees.
- Easy to invest: Everything in one product which does not require the investor to manage futures, borrow cash or short stocks.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Investing in Short and Leveraged ETPs is only suitable for sophisticated and or informed investors who understand leverage, daily rebalancing and compounded daily returns and are willing to magnify potential losses. Short and Leveraged ETPs are only intended for investors who understand the risks involved in investing in an ETP with short or leveraged exposure and who intend to invest on a short term basis. Any investment in a short or leveraged ETP should be monitored on a daily basis to ensure consistency with your investment strategy. You should understand that investments in daily leveraged ETPs held for a period of longer than the recommended holding period of one day, may not provide returns equivalent to the return from the relevant unleveraged investment multiplied by the relevant leverage factor over the same period. Daily compounding may result in returns which an investor may not expect, if the investor has not fully understood how a daily leveraged ETP works. Potential losses in leveraged ETPs may be magnified in comparison to investments that do not incorporate leverage. In extreme volatility, returns of leveraged ETPs, even over one day, may under-perform the return of the underlying unleveraged index multiplied by the ETP’s leverage factor because of protection mechanisms within the ETP structure, intended to protect against intra-day market crashes. For more information see here.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in GBP. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Articles and Research Papers
Aneeka Gupta
What's Hot: The geopolitical turning point for Europe and Japan
The Iran-US MOU marks a turning point for European and Japanese equities. With geopolitical risk unwinding, economic surprise indices improving, ECB policy easing, and Germany's defence spending accelerating, Europe's re-rating is underway. Japan benefits from AI supply chain breadth, the Bank of Japan's gradual policy normalisation, the resumption of trade following Middle East disruptions, and energy cost relief. WisdomTree offers compelling, cost-effective access to both opportunities.
- Equities
- Europe / Eurozone
- Japan
- US
Mobeen Tahir
Renewable energy is catching a second wind
Back in 1973, an oil shock changed the way the world thought about energy. More than fifty years later, geopolitical tensions, rising electricity demand from artificial intelligence (AI) and record renewable energy deployment are once again putting the sector in the spotlight. This blog explores why renewable energy is catching a second wind, how China is driving much of the growth, and why some emerging technologies may finally have found their moment. Investors, it seems, are keen to make hay while the sun is shining.
- Energy Transition
- Megatrends
- Equities
Ayush Babel
What’s Hot – Rules Over Headlines: A Different Approach to Growth Investing
Rules and methodologies should consistently and transparently reflect the investment goal of their index. With the recent focus on SpaceX IPO, this principle is being rediscovered by investors. The WisdomTree US Quality Growth UCITS Index offers a consistent way to invest in US Growth. Discover how its focus on profitability and growth creates a differentiated portfolio and has outperformed major growth benchmarks since inception.
- Equities
- Quality
Aneeka Gupta
Beijing Without Breakthroughs: What the Trump–Xi Summit Means for Investors
The Trump–Xi Beijing summit delivered managed stability, not structural change. Technology, critical minerals and Taiwan remain unresolved. For investors, two themes stand out: Western supply chain diversification in strategic metals and rare earths, and durable agricultural commodity exposure driven by food security and climate risk, not diplomacy.
- Broad Commodities
- Commodities
- Equities
- US
Fund Overview
| Product Overview | As of 2/7/2026 |
|---|---|
| ISIN | IE00B94QKC83 |
| Asset Class | Equities |
| Base Currency | GBP |
| Inception Date | 3 July 2013 |
| Currency Hedged | No |
| Index Bloomberg Ticker | UKXL2X |
| Index Name | FTSE 100 Daily Leveraged RT TR Index |
| Leverage Factor | 2x |
| Net Asset Value | As of 2/7/2026 |
|---|---|
| NAV | £331.974 |
| Daily Change | £10.713 |
| Daily return | 3,335% |
| Total AUM of fund | US$3,862,489 |
| Issuer AUM | US$3,526,032,940 |
Structure
| Structure | As of 2/7/2026 |
|---|---|
| Legal Form | ETP |
| Legal Structure | ETP |
| Replication Method | Fully Collateralised Swap |
| Domicile | Ireland |
| Physical Asset | Yes (Collateral) |
| Further Legal and Tax Information | As of 2/7/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
| PEA Eligible | No |
Key Service Providers
| Key Service Providers | As of 2/7/2026 |
|---|---|
| Custodian | Bank of New York Mellon |
| Administrator | Apex IFS Limited |
| Issuer | WisdomTree Multi Asset Issuer PLC |
| Auditor | Deloitte LLP |
| Trustee | Law Debenture Trust |
| Swap Provider | BNP Paribas Arbitrage SNC |
| Fees | As of 2/7/2026 |
|---|---|
| Management Fee (MER) | 0,49% |
| Daily Swap Rate | 0,007060% |
| Restrike | |
|---|---|
| Product intraday restrike threshold | 25% |
| Severe overnight gap event threshold | 35% |
| Product Restrike Information | Product Restrike Information |
Adverse price movements intraday or overnight can quickly and significantly reduce the value of a leveraged ETP, sometimes to zero. Understanding restrike arrangements is essential to understanding a key product risk.
Passported Countries
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Settlement Period | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| LSE | GBP | 2UKL | 2UKL LN | 2UKL.L | B94QKC8 | IE00B94QKC83 | A2BAGG | T + 2 | 5/7/2013 |
Index Details
FTSE 100 Daily Leveraged RT TR Index
The FTSE 100 Daily Leveraged RT TR Index is derived from the FTSE 100 Net Dividend TR Index and aims to replicate the daily performance of the FTSE 100 Net Dividend TR Index multiplied by a leverage factor of two and adjusted to reflect certain inherent costs of maintaining the leveraged positions required to achieve that aim.
The FTSE 100 Total Return Declared Dividend Index is a total return version of the FTSE 100 Index, which is a capitalization-weighted index of the 100 most highly capitalised companies traded on the London Stock Exchange.
| Index Details | |
|---|---|
| Index Name | FTSE 100 Daily Leveraged RT TR Index |
| Currency | GBP |
| Index Provider | FTSE |
| Bloomberg Ticker | UKXL2X |
| Leverage Factor | 2x |
Collateral Details
| Collateral Details | 22 May 2026 |
|---|---|
| Collateral Coverage Ratio | 105.3% |
| Collateralised | Yes |
| Over Collateralised | Yes |
| Custodian | Bank of New York Mellon |
Collateral Structure
Documents
Product
Reports and Regulatory
DISCLAIMERS
WisdomTree Multi Asset Issuer PLC (the “Issuer”) issues products under a Prospectus (“WTMA Prospectus”) approved by the Central Bank of Ireland, drawn up in accordance with the Directive 2003/71/EC. The WTMA Prospectus has been passported to various European jurisdictions including the UK, Italy and Germany and is available on this document.
WisdomTree Multi Asset Issuer PLC Exchange Traded Products (“ETPs”) are suitable for financially sophisticated investors who wish to take a view on the underlying indices and can understand the risks of investing in products offering leveraged or short exposures.
ETPs offering daily leveraged or daily short exposures (“Leveraged ETPs”) are products which feature specific risks that prospective investors should understand before investing in them. Higher volatility of the underlying indices and holding periods longer than a day may have an adverse impact on the performance of Leveraged ETPs. As such, Leveraged ETPs are intended for financially sophisticated investors who wish to take a short-term view on the underlying indices and understand such risks. As a consequence, WisdomTree is not promoting or marketing WisdomTree Multi Asset Issuer PLC ETPs to retail clients. Investors should refer to the section entitled "Risk Factors" and “Economic Overview of the ETP Securities” in the WTMA Prospectus for further details of these and other risks associated with an investment in Leveraged ETPs and consult their financial advisors as needed. Neither WisdomTree, nor the Issuer has assessed the suitability of any Leveraged ETPs for investors other than the relevant Authorised Participants.
While many leveraged WisdomTree Multi Asset Issuer PLC ETPs reset the leverage or short exposure on a daily basis, certain WisdomTree Multi Asset Issuer PLC ETPs utilise leverage in longer term strategies, where leveraged exposures may be reset monthly. These products are also only suitable for financially sophisticated investors who have understood the specific risks within the prospectus of the relevant product.
The WisdomTree FTSE 100 2x Daily Leveraged ETP (the Product has been developed solely by WisdomTree. The Product is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.
All rights in the FTSE 100 Daily Leveraged RT TR Index (the “Index”) vest in the relevant LSE Group company which owns the Index. “FTSE®” is a trade mark(s) of the relevant LSE Group company and is used by any other LSE Group company under license.
The Index is calculated by or on behalf of FTSE International Limited its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Product. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Product or the suitability of the Index for the purpose to which it is being put by WisdomTree.