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L&G All Commodities UCITS ETF tracks the issuer-declared index: Bloomberg Commodity Index Total Return USD. The declared annual cost (TER) is 0.15%, plus 0.40% in transaction costs estimated by the issuer in the KID. Replication is synthetic replication via a swap contract, as the KID declares; income is accumulated and reinvested in the fund. The fund has assets of about 337 million euro, was launched on 11 July 2017 and is domiciled in Ireland.
The investment objective of the Fund is to provide an exposure to futures contracts on physical commodities. The Fund is passively managed and aims to track the performance of the Bloomberg Commodity Index Total Return (the “Index”), before the deduction of fees and expenses. The Index is designed to provide exposure to a diversified portfolio of commodity futures across a range of sectors, including energy, precious metals, industrial metals, livestock, grains and soft commodities in accordance with its methodology. The Fund achieves exposure to the performance of the Index primarily through the use of financial derivative instruments, in particular total return swap agreements. The Fund may also invest in a basket of securities and/or other assets for collateral and liquidity management purposes, and may use other financial derivative instruments for efficient portfolio management or to assist in tracking the performance of the Index. This Share Class does not intend to pay dividends. Any income which may result from the Fund's investments will be re-invested into the Fund. Shares in this Share Class (the "Shares") are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com.
Keep reading the KID section ▾
The depositary of the Fund is the Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund and the share class can be obtained from the Company's prospectus and the annual and semi-annual reports, which are available, in addition to the latest prices for the share class and details of any other share classes, free of charge at: www.lgim.com.
Intended Retail Investor:The Fund is designed for investors: (1) looking to grow their money in an investment which can form part of their existing savings portfolio; and (2) familiar with commodity futures contracts and the particular features of the Index, including spot, roll and collateral return. Although investors can take their money out at any time, the Fund may not be appropriate for those who plan to withdraw their money within five years. The Fund is not designed for investors who cannot afford more than a minimal loss of their investment.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 23 May 2018 | 18 Mar 2020 | -32.91% | 26 Apr 2021 | 1,069 |
| 09 Jun 2022 | 30 May 2023 | -25.42% | 21 Jan 2026 | 1,322 |
| 18 May 2026 | 24 Jun 2026 | -14.36% | 01 Sept 2026 | 106 |
| 25 Oct 2021 | 02 Dec 2021 | -10.11% | 26 Jan 2022 | 93 |
| 08 Mar 2022 | 16 Mar 2022 | -9.03% | 26 May 2022 | 79 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.3 | 1.1 | 11.5 | 4.2 | -3.6 | -8.6 | 7.5 | 7.3 | 1.8 | 34.2 | |||
| 2025 | 4.0 | 0.8 | 3.8 | -4.8 | -0.6 | 2.4 | -0.5 | 1.9 | 2.2 | 2.9 | 3.1 | -0.3 | 15.5 |
| 2024 | 0.3 | -1.4 | 3.3 | 2.7 | 1.7 | -1.6 | -4.0 | 0.0 | 4.9 | -1.9 | 0.4 | 1.0 | 5.1 |
| 2023 | -0.6 | -4.7 | -0.2 | -0.7 | -5.3 | 3.7 | 6.3 | -0.9 | -0.6 | 0.2 | -2.3 | -2.6 | -8.1 |
| 2022 | 8.8 | 6.2 | 8.6 | 4.1 | 1.5 | -10.8 | 4.3 | 0.0 | -8.1 | 2.0 | 2.7 | -2.4 | 15.9 |
| 2021 | 2.6 | 6.5 | -2.2 | 8.3 | 2.7 | 1.8 | 1.9 | -0.3 | 5.0 | 2.5 | -7.3 | 3.5 | 26.9 |
| 2020 | -7.3 | -5.1 | -12.8 | -1.5 | 4.3 | 2.3 | 5.6 | 6.9 | -3.4 | 1.0 | 4.5 | 4.4 | -3.3 |
| 2019 | 5.4 | 1.0 | -0.2 | -0.4 | -3.4 | 2.7 | -0.7 | -2.3 | 1.1 | 2.0 | -2.5 | 5.0 | 7.4 |
| 2018 | 2.0 | -1.8 | -0.6 | 2.5 | 1.4 | -3.5 | -2.2 | -1.8 | 2.0 | -2.2 | -0.6 | -6.9 | -11.5 |
| 2017 | 0.4 | -0.2 | 2.1 | -0.5 | 3.0 | 7.4 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +15.53% | +15.77% | -0.24% |
| 2024 | +5.17% | +5.38% | -0.21% |
| 2023 | -8.13% | -7.91% | -0.22% |
| 2022 | +15.87% | +16.10% | -0.23% |
| 2021 | +26.92% | +27.12% | -0.20% |
| 2020 | -3.31% | -2.89% | -0.42% |
| 2019 | +7.46% | +7.69% | -0.23% |
| 2018 | -11.52% | -11.25% | -0.28% |
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 19.29% | 15.77% | 17.49% | 15.93% |
| Max drawdown | -12.21% | -15.76% | -27.03% | -28.16% |
| Sharpe | 1.91 | 0.60 | 0.61 | 0.50 |
| Sortino | 2.76 | 0.84 | 0.86 | 0.70 |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00BF0BCP69Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Düsseldorf | ETLF | 7 Sept 2017 |
| Börse Frankfurt | ETLF | 20 Apr 2020 |
| Börse Hamburg | ETLF | 15 Jun 2021 |
| Börse Hannover | ETLF | 9 Dec 2024 |
| Börse München / gettex | ETLF | 19 Jul 2017 |
| Börse Stuttgart | ETLF | 20 Apr 2020 |
| Tradegate Exchange | ETLF | 8 May 2020 |
| Xetra (Deutsche Börse) | ETLF | 20 Apr 2020 |