# L&G All Commodities UCITS ETF (BCOG)

**Source:** https://fundology.uk/fund/bcog · ISIN IE00BF0BCP69 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, BCOG (L&G All Commodities UCITS ETF, ISIN IE00BF0BCP69) closed at £16.16 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was +71.8%, or +34.3% after UK CPIH inflation.

## Summary

L&G All Commodities UCITS ETF is an exchange-traded fund (ETF) from L&G, launched in 2017. It tracks the Bloomberg Commodity Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£16.16** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BCOG |
| ISIN | IE00BF0BCP69 |
| Category | Gold & commodities |
| Type | ETF |
| Provider | L&G |
| Tracks | Bloomberg Commodity Index |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £292m |
| Launched | 2017 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +41.31% | +36.88% | income reinvested |
| 3 years | +41.04% | +27.27% | income reinvested |
| 5 years | +71.75% | +34.27% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of L&G All Commodities UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +29.4%, 2023 −12.3%, 2024 +5.2%, 2025 +10.3%; 2026 to 30/09/2026 +33.3%. Returns of L&G All Commodities UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +42.0%; to 30/09/2025: +9.2%; to 30/09/2024: −8.9%; to 30/09/2023: −10.7%; to 30/09/2022: +41.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +29.4% | +18.4% | Price |
| 2023 | -12.3% | -15.8% | Price |
| 2024 | +5.2% | +1.6% | Price |
| 2025 | +10.3% | +6.5% | Price |
| 2026 to 30/09/2026 | +33.3% | +29.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.67% | -11.84% |
| 3 years | 15.18% | -14.48% |
| 5 years | 16.73% | -27.43% |

## Largest fall

Volatility of L&G All Commodities UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 17.7% over 1 year, 15.2% over 3 years, 16.7% over 5 years. Largest fall in the price of L&G All Commodities UCITS ETF since October 2021, in pounds: −27.4% from 10/06/2022 to 06/09/2024. The lowest 12-month return of L&G All Commodities UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −23.5% (12 months to 09/06/2023); the highest was +63.3% (12 months to 20/05/2022). On 30/09/2026 the price of L&G All Commodities UCITS ETF was 1.5% below its highest weekly close since October 2021 (25/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of L&G All Commodities UCITS ETF 0.15% a year, as of 01/10/2026: 129 of the 137 other gold and commodity funds charge more, 1 the same and 7 less (share classes counted once).

## Funds tracking the same index

4 funds track Bloomberg Commodity Index, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.99% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF | 0.19% | +47.4% | +41.6% | +80.3% |
| L&G All Commodities UCITS ETF (this fund) | 0.15% | +41.3% | +41.0% | +71.8% |
| WisdomTree Broad Commodities | 0.99% | +41.8% | +40.1% | +68.0% |
| WisdomTree Broad Commodities UCITS ETF AccumUSD | 0.19% | +41.4% | +41.4% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
