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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 ETFENCO · IE00BFXR6159×L&G Multi-Strategy Enhanced Commodities UCITS ETFECEH · IE00022GJEG1×
⎙ 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%
ENCO+24.9%ECEH+24.2%hover for values · click = full screentouch the chart for values · ⤢ = full screen
L&G Multi-Strategy Enhanced Commodities UCITS ETF
ENCO · IE00BFXR6159
L&G Multi-Strategy Enhanced Commodities UCITS ETF
ECEH · IE00022GJEG1
Basics
Declared indexBarclays Backwardation Tilt Multi-Strategy Capped Total Return IndexBarclays Backwardation Tilt Multi-Strategy Capped Total Return Index
TER0.30%0.35%
Transaction costs (KID)0.58%0.58%
Fund size2.2 mld EUR2.2 mld EUR
Launch date5 Jul 202118 Aug 2023
ReplicationSynthetic (swap)Synthetic (swap)
Income policyAccumulatingAccumulating
CurrencyUSDEUR
Currency hedgingNo no hedging declared in the share classYes EUR-hedged share class
Performance (in euro)
1 year+23.9%+20.8%
3 years+24.1%+24.2%
5 years+85%
10 years
Since launch (available series)+86.2%+24.2%
Risk
Volatility (ann.) · last year15.80%15.83%
Volatility (ann.) · last 3 years13.70%13.69%
Volatility (ann.) · last 5 years16.67%
Max drawdown · last year-13.10%-13.45%
Max drawdown · last 3 years-13.10%-13.45%
Max drawdown · last 5 years-22.96%
Sharpe · last year1.801.68
Sharpe · last 3 years0.620.49
Sharpe · last 5 years0.70
Sortino · last year2.642.44
Sortino · last 3 years0.870.67
Sortino · last 5 years0.98
Tracking difference (3-year avg)-0.55%under review: anomalies in the fund or index series
Holdings
Securities held00
Top-10 weight69.5%69.5%
Documents & exchanges
KID (PDF)DownloadDownload
Listing exchanges99
Borsa Italiana tickerENCOECEH
Why some cells show “—”: ENCO series available from Jul 2021 · ECEH series available from Aug 2023windows 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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