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Xtrackers Bloomberg Commodity Ex Agriculture Livestock Swap UCITS ETF 1c Eur Hedged tracks the issuer-declared index: Bloomberg ex-Agriculture & Livestock 15/30 Capped 3 Month Forward Index (USD). Mind the share class: this is the version hedged to EUR — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.39%, plus 0.00% 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 683 million euro, was launched on 29 June 2007 and is domiciled in Luxembourg.
The fund is passively managed.
INVESTMENT POLICY:The aim is for your investment to reflect the performance of the Bloomberg exAgriculture & Livestock 15/30 Capped 3 Month Forward Index (index), while seeking to minimise foreign currency fluctuations at share class level.
DESCRIPTION OF INDEX:The index is designed to be a highly liquid and diversified benchmark for commodity investments and represents the returns of a diversified basket of longer dated commodity futures, excluding commodities from the agricultural and livestock sector.
Keep reading the KID section ▾
Nine commodities are eligible for inclusion in the index. Each designated commodity future contract that is eligible for the index, is weighted based on the following relative figures: (i) commodity production percentage (based on the average U.S. dollar-adjusted value of production, which measures the economic significance of the commodity), and (ii) commodity liquidity percentage (based on the average volume of trading). Among the designated commodity future contracts selected for inclusion, weighting limits at single commodity level are applied monthly. Only one component of the index is permitted to reach a maximum weighting of 30%, with any excess weight distributed on a relative basis among the remaining commodities. Following this re-distribution, the weight of each remaining component is restricted to 15%, and any excess weight is distributed on a relative basis among the remaining commodities not subject to the 30% rule, along with any other component that is not subject to the 15% rule. Between rebalancing, weightings may fluctuate to levels outside these limits.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. The index is reviewed and rebalanced annually. INVESTMENT POLICY: To achieve the aim, the fund will i) invest in transferable securities and enter into financial contracts (derivatives) with one or more swap counterparties relating to transferable securities and the index, in order to obtain the return on the index, and ii) enter into financial contracts (derivatives) which attempt to reduce the effect of exchange rate fluctuations between the currency of the index components and the currency of your shares. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of financial contracts (derivatives). FURTHER INFORMATION: Certain information (including the latest share prices of the fund, indicative net asset values, full disclosure on the composition of the fund's portfolio and information on the index constituents) are available on your local DWS website or at www.Xtrackers.com. Transaction costs and taxes, unexpected fund costs and market conditions such as volatility or liquidity issues may affect the ability of the fund to track the index. The anticipated level of tracking error in normal market conditions is 1 per cent. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 04 Jul 2008 | 18 Mar 2020 | -73.73% | ongoing | 6,640 |
| 13 Mar 2008 | 20 Mar 2008 | -9.73% | 20 May 2008 | 68 |
| 13 Jul 2007 | 16 Aug 2007 | -7.60% | 19 Sept 2007 | 68 |
| 21 May 2008 | 04 Jun 2008 | -5.02% | 06 Jun 2008 | 16 |
| 14 Jan 2008 | 23 Jan 2008 | -4.89% | 29 Jan 2008 | 15 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.9 | 0.6 | 3.1 | 4.1 | 0.4 | -9.8 | 3.9 | 4.7 | 2.1 | 21.5 | |||
| 2025 | 3.5 | 2.5 | 5.6 | -8.7 | 0.6 | 3.9 | -1.1 | 0.6 | 4.7 | 3.2 | 3.8 | 3.3 | 23.2 |
| 2024 | 0.0 | -0.0 | 3.6 | 5.5 | 2.1 | -0.7 | -4.0 | -0.8 | 3.5 | -2.0 | -0.6 | 0.5 | 6.8 |
| 2023 | -0.4 | -5.8 | -0.9 | -1.3 | -7.2 | 2.6 | 7.0 | -1.1 | -0.8 | -0.1 | -3.1 | -2.1 | -13.2 |
| 2022 | 8.6 | 4.8 | 12.6 | 3.4 | 1.4 | -12.0 | 5.1 | -2.3 | -9.3 | 1.6 | 7.2 | -1.7 | 17.9 |
| 2021 | 2.5 | 7.8 | -1.5 | 8.4 | 3.5 | 2.3 | 3.2 | -0.0 | 5.8 | 2.9 | -6.8 | 4.7 | 37.0 |
| 2020 | -6.5 | -5.5 | -13.2 | -1.7 | 6.0 | 3.6 | 5.2 | 4.1 | -3.0 | -1.5 | 6.9 | 4.9 | -2.8 |
| 2019 | 5.4 | 1.3 | -1.0 | -0.7 | -3.5 | 2.8 | -1.4 | -3.9 | 0.5 | 1.7 | -1.6 | 5.1 | 4.4 |
| 2018 | 2.3 | -2.4 | 0.2 | 2.6 | 1.5 | -4.0 | -2.3 | -1.1 | 2.0 | -3.9 | -6.5 | -3.1 | -14.3 |
| 2017 | 1.3 | 0.5 | -3.3 | -2.2 | -1.5 | -0.1 | 2.8 | 0.6 | 0.5 | 2.7 | 0.0 | 2.1 | 3.3 |
| 2016 | -2.5 | 1.0 | 3.4 | 8.0 | -0.2 | 4.6 | -4.7 | -1.0 | 3.7 | -0.7 | 0.8 | 1.5 | 14.1 |
| 2015 | -3.7 | 1.8 | -5.1 | 4.3 | -3.4 | 1.9 | -11.0 | -0.8 | -2.6 | 0.6 | -6.5 | -3.7 | -25.7 |
| 2014 | -2.7 | 5.1 | 0.1 | 1.1 | -2.0 | 1.6 | -4.1 | -1.0 | -7.7 | -1.8 | -6.1 | -6.1 | -21.8 |
| 2013 | 1.6 | -5.1 | -0.5 | -3.4 | -1.4 | -4.6 | 2.0 | 3.0 | -2.6 | -0.4 | -2.2 | -0.2 | -13.3 |
| 2012 | 4.5 | 3.7 | -2.4 | -1.4 | -10.3 | 3.2 | 6.2 | 3.7 | 0.6 | -4.0 | 1.6 | -1.7 | 2.5 |
| 2011 | 2.3 | 3.3 | 1.7 | 4.0 | -4.6 | -3.9 | 5.0 | 1.6 | -16.5 | 6.8 | -1.9 | -3.2 | -7.3 |
| 2010 | -7.5 | 3.1 | -1.3 | 2.8 | -10.1 | -0.2 | 5.4 | -1.0 | 7.7 | 5.8 | -1.5 | 9.7 | 11.5 |
| 2009 | -3.1 | -2.6 | 4.3 | 0.6 | 13.1 | -3.1 | 3.7 | 1.8 | 0.4 | 3.8 | 6.1 | -0.2 | 26.6 |
| 2008 | 6.4 | 11.0 | -5.4 | 2.8 | 4.8 | 9.5 | -9.1 | -6.8 | -11.0 | -25.7 | -5.6 | -1.8 | -31.5 |
| 2007 | 1.9 | -2.6 | 7.7 | 5.1 | -0.9 | 5.3 | 17.3 |
We do not publish a tracking difference for this share class — and it is not an oversight.
this share class is hedged to EUR; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the EUR-hedged index series, which the issuer does not publish today.
| Last year | Last 3 years | Last 5 years | Last 10 years | Full history | |
|---|---|---|---|---|---|
| Volatility (ann.) | 18.84% | 16.25% | 18.50% | 16.06% | 17.37% |
| Max drawdown | -13.68% | -13.68% | -30.62% | -38.40% | -73.73% |
| Sharpe | 1.73 | 0.70 | 0.54 | 0.46 | 0.08 |
| Sortino | 2.48 | 0.98 | 0.74 | 0.63 | 0.11 |
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:
LU0292106167Official 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 |
|---|---|---|
| Borsa Italiana (ETFplus) | XDBC | 16 Feb 2009 |
| Börse Düsseldorf | — | 23 May 2008 |
| Börse Frankfurt | — | 23 May 2011 |
| Börse Hamburg | — | 16 Sept 2008 |
| Börse Hannover | — | 28 Dec 2022 |
| Börse München / gettex | — | 18 Jul 2007 |
| Börse Stuttgart | — | 13 Jul 2007 |
| Tradegate Exchange | — | 4 Jan 2010 |
| Xetra (Deutsche Börse) | XDBC | 13 Jul 2007 |