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Official issuer and ESMA-register data, side by side. Up to 4 funds.

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L&G Multi-Strategy Enhanced Commodities UCITS ETFECEH · IE00022GJEG1×L&G Multi-Strategy Enhanced Commodities UCITS ETFENCO · IE00BFXR6159×
⎙ Download the report (PDF)
Performance over the common period — in euro, dividends reinvested where declared (base 100)

Note — currency risk: some of the funds compared are denominated (or hedged) in currencies other than the euro. For a euro investor, returns also depend on currency moves, up or down. Chart and performance, converted to euro at ECB rates, already include these moves: swings of a class hedged to another currency reflect FX, not strategy.

-11%+1%+12%+24%+36%Aug 2023May 2024Feb 2025Nov 2025Jul 2026+25%+24%
ECEH+24.2%ENCO+24.9%hover for values · click = full screentouch the chart for values · ⤢ = full screen
L&G Multi-Strategy Enhanced Commodities UCITS ETF
ECEH · IE00022GJEG1
L&G Multi-Strategy Enhanced Commodities UCITS ETF
ENCO · IE00BFXR6159
Basics
Declared indexBarclays Backwardation Tilt Multi-Strategy Capped Total Return IndexBarclays Backwardation Tilt Multi-Strategy Capped Total Return Index
TER0.35%0.30%
Transaction costs (KID)0.58%0.58%
Fund size2.2 mld EUR2.2 mld EUR
Launch date18 Aug 20235 Jul 2021
ReplicationSynthetic (swap)Synthetic (swap)
Income policyAccumulatingAccumulating
CurrencyEURUSD
Currency hedgingYes EUR-hedged share classNo no hedging declared in the share class
Performance (in euro)
1 year+20.8%+23.9%
3 years+24.2%+24.1%
5 years+85%
10 years
Since launch (available series)+24.2%+86.2%
Risk
Volatility (ann.) · last year15.83%15.80%
Volatility (ann.) · last 3 years13.69%13.70%
Volatility (ann.) · last 5 years16.67%
Max drawdown · last year-13.45%-13.10%
Max drawdown · last 3 years-13.45%-13.10%
Max drawdown · last 5 years-22.96%
Sharpe · last year1.681.80
Sharpe · last 3 years0.490.62
Sharpe · last 5 years0.70
Sortino · last year2.442.64
Sortino · last 3 years0.670.87
Sortino · last 5 years0.98
Tracking difference (3-year avg)under review: anomalies in the fund or index series-0.55%
Holdings
Securities held00
Top-10 weight69.5%69.5%
Documents & exchanges
KID (PDF)DownloadDownload
Listing exchanges99
Borsa Italiana tickerECEHENCO
Why some cells show “—”: ECEH series available from Aug 2023 · ENCO series available from Jul 2021windows longer than the series cannot be computed — they will fill in on their own as time passes. Tracking difference additionally requires issuer-declared index returns and, for distributing classes, the total-return series: where these are missing, no number — better no data than an unverifiable one.
Performance and chart converted to euro at official daily ECB rates: the comparison a euro investor actually lives. Facts declared by issuers and official registers only; no recommendation. Past performance is not indicative of future results. Metrics follow the site’s public methodology; for distributing funds, performance reinvests dividends where the issuer declares the total-return series.
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