# L&G All Commodities UCITS ETF (BCOG) **Page:** https://fundology.uk/fund/bcog · ISIN IE00BF0BCP69 ## 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 13/11/2026, BCOG (L&G All Commodities UCITS ETF, ISIN IE00BF0BCP69) closed at £15.27 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +59.6%, or +24.6% 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: **£15.27** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | BCOG | | ISIN | IE00BF0BCP69 | | Also listed as | BCOM (London Stock Exchange, US dollars), ETLF (Xetra, euros) | | 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 | £373m | | Launched | 2017 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/07/2017 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +24.80% | +20.38% | income reinvested | | 3 years | +36.02% | +22.89% | income reinvested | | 5 years | +59.63% | +24.60% | income reinvested | Returns: as reported (delayed data). Inflation: UK 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 +7.3%, 2025 +6.0%; 2026 to 13/11/2026 +28.6%. 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: +41.8%; to 30/09/2025: +9.3%; to 30/09/2024: −8.9%; to 30/09/2023: −10.7%; to 30/09/2022: +37.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +29.4% | +18.4% | Price | | 2023 | -12.3% | -15.8% | Price | | 2024 | +7.3% | +3.6% | Price | | 2025 | +6.0% | +2.3% | Price | | 2026 to 13/11/2026 | +28.6% | +24.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.72% | -11.84% | | 3 years | 15.34% | -12.15% | | 5 years | 16.93% | -27.43% | ## Largest fall Volatility of L&G All Commodities UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 18.7% over 1 year, 15.3% over 3 years, 16.9% over 5 years. Largest fall in the price of L&G All Commodities UCITS ETF since November 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 13/11/2026 the price of L&G All Commodities UCITS ETF was 7.1% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of L&G All Commodities UCITS ETF 0.15% a year. Compared on 14/11/2026, 139 of the 149 other gold and commodity funds charge more, 1 the same and 9 less (share classes counted once). ## Funds tracking the same index 6 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 (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco Bloomberg Commodity UCITS ETF | 0.19% | +24.8% | +35.7% | +57.2% | | iShares Diversified Commodity Swap UCITS ETF | 0.19% | +24.9% | +36.2% | +58.4% | | iShares Diversified Commodity Swap UCITS ETF (DE) | 0.46% | +23.9% | +33.1% | +55.1% | | L&G All Commodities UCITS ETF (this fund) | 0.15% | +24.8% | +36.0% | +59.6% | | WisdomTree Broad Commodities | 0.99% | +26.4% | +37.9% | +54.5% | | WisdomTree Broad Commodities UCITS ETF AccumUSD | 0.19% | +24.8% | +36.5% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year (as of 10/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of BCOG?** The ongoing charge of BCOG 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. Platform and dealing fees are charged separately. Ongoing charge of L&G All Commodities UCITS ETF 0.15% a year. Compared on 14/11/2026, 139 of the 149 other gold and commodity funds charge more, 1 the same and 9 less (share classes counted once). **What does BCOG track?** BCOG tracks the Bloomberg Commodity Index. **Is BCOG accumulating or distributing?** BCOG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of BCOG?** The ISIN of BCOG is IE00BF0BCP69. An ISIN identifies one exact share class of a fund; BCOG is its ticker on the London Stock Exchange. The same share class is also listed as BCOM (London Stock Exchange, US dollars) and ETLF (Xetra, euros). **What were BCOG’s returns in each of the last five years?** Calendar-year returns of BCOG in pounds (price, with income reinvested in the fund): 2022 +29.4%, 2023 −12.3%, 2024 +7.3%, 2025 +6.0%; 2026 to 13/11/2026 +28.6%. Past performance is not a guide to future returns. **How has BCOG done after inflation?** Over the five years to 13/11/2026 BCOG’s total return was +59.6%, or +24.6% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/All-Commodities/IE00BF0BCP69/) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.