# Invesco Bloomberg Commodity UCITS ETF (CMOP)

**Page:** https://fundology.uk/fund/cmop · ISIN IE00BD6FTQ80

## 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, CMOP (Invesco Bloomberg Commodity UCITS ETF, ISIN IE00BD6FTQ80) closed at £25.29 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 13/11/2026 its total return was +57.2%, or +22.7% after UK CPIH inflation.

## Summary

Invesco Bloomberg Commodity UCITS ETF is an exchange-traded fund (ETF) from Invesco, 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 0.19% a year — about £19 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: **£25.29** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CMOP |
| ISIN | IE00BD6FTQ80 |
| Also listed as | CMOD (London Stock Exchange, US dollars) |
| Category | Gold & commodities |
| Type | ETF |
| Provider | Invesco |
| Tracks | Bloomberg Commodity Index |
| Income | Accumulating |
| Ongoing charge | 0.19% a year (£19 per £10,000) |
| Fund size | £2.9bn |
| Launched | 2017 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/01/2017 |

## 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 | +24.79% | +20.37% | income reinvested |
| 3 years | +35.69% | +22.59% | income reinvested |
| 5 years | +57.19% | +22.69% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Invesco Bloomberg Commodity UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +28.4%, 2023 −12.7%, 2024 +7.1%, 2025 +5.9%; 2026 to 13/11/2026 +28.6%. Returns of Invesco Bloomberg Commodity UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +41.7%; to 30/09/2025: +9.2%; to 30/09/2024: −9.0%; to 30/09/2023: −11.2%; to 30/09/2022: +36.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +28.4% | +17.6% | Price |
| 2023 | -12.7% | -16.2% | Price |
| 2024 | +7.1% | +3.4% | Price |
| 2025 | +5.9% | +2.3% | Price |
| 2026 to 13/11/2026 | +28.6% | +24.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.94% | -11.89% |
| 3 years | 15.33% | -12.20% |
| 5 years | 17.03% | -28.28% |

## Largest fall

Volatility of Invesco Bloomberg Commodity UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 18.9% over 1 year, 15.3% over 3 years, 17.0% over 5 years. Largest fall in the price of Invesco Bloomberg Commodity UCITS ETF since November 2021, in pounds: −28.3% from 10/06/2022 to 06/09/2024. The lowest 12-month return of Invesco Bloomberg Commodity UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −24.1% (12 months to 09/06/2023); the highest was +62.8% (12 months to 20/05/2022). On 13/11/2026 the price of Invesco Bloomberg Commodity 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 Invesco Bloomberg Commodity UCITS ETF 0.19% a year. Compared on 14/11/2026, 131 of the 149 other gold and commodity funds charge more, 7 the same and 11 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 (this fund) | 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 | 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): **0.19%** per year
- 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.

## What it holds

The latest published holdings of CMOP are dated 30/04/2026, more than three months older than the manager’s other lists. The fund’s portfolio today may differ.

### Top holdings

Largest positions (as of 30/04/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Commodities Exchange Centre (CEC) Gold Electronic Commodity Future | — | 12.46% |
| 2 | Intercontinental Exchange Europe Brent Crude Electronic Energy Future | — | 12.41% |
| 3 | NYMEX New York Mercantile Exchange Light Sweet Crude Oil (WTI) Electronic Energy Future | — | 9.50% |
| 4 | NYMEX New York Mercantile Exchange Henry Hub Natural Gas Electronic Energy Future | — | 6.07% |
| 5 | Commodities Exchange Centre (CEC) Copper Electronic Commodity Future | — | 5.24% |
| 6 | CBT Chicago Board of Trade Soybeans Electronic Commodity Future | — | 4.84% |
| 7 | CBT Chicago Board of Trade Corn Electronic Commodity Future | — | 4.74% |
| 8 | Intercontinental Exchange Europe Low Sulphur Gasoil Energy Future | — | 4.47% |
| 9 | LME London Metal Exchange Aluminium USD Monthly Pit Commodity Future | — | 3.62% |
| 10 | NYMEX New York Mercantile Exchange RBOB Gasoline Electronic Energy Future | — | 3.48% |

All 25 holdings: https://fundology.uk/fund/cmop/holdings

## Questions people ask

**What is the ongoing charge of CMOP?**

The ongoing charge of CMOP is 0.19% a year — about £19 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 Invesco Bloomberg Commodity UCITS ETF 0.19% a year. Compared on 14/11/2026, 131 of the 149 other gold and commodity funds charge more, 7 the same and 11 less (share classes counted once).

**What does CMOP track?**

CMOP tracks the Bloomberg Commodity Index.

**Is CMOP accumulating or distributing?**

CMOP 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 CMOP?**

The ISIN of CMOP is IE00BD6FTQ80. An ISIN identifies one exact share class of a fund; CMOP is its ticker on the London Stock Exchange. The same share class is also listed as CMOD (London Stock Exchange, US dollars).

**What does CMOP hold?**

The latest published holdings of CMOP are dated 30/04/2026, more than three months older than the manager’s other lists. The fund’s portfolio today may differ. Its ten largest holdings are Commodities Exchange Centre (CEC) Gold Electronic Commodity Future (12.46%), Intercontinental Exchange Europe Brent Crude Electronic Energy Future (12.41%), NYMEX New York Mercantile Exchange Light Sweet Crude Oil (WTI) Electronic Energy Future (9.50%), NYMEX New York Mercantile Exchange Henry Hub Natural Gas Electronic Energy Future (6.07%), Commodities Exchange Centre (CEC) Copper Electronic Commodity Future (5.24%), CBT Chicago Board of Trade Soybeans Electronic Commodity Future (4.84%), CBT Chicago Board of Trade Corn Electronic Commodity Future (4.74%), Intercontinental Exchange Europe Low Sulphur Gasoil Energy Future (4.47%), LME London Metal Exchange Aluminium USD Monthly Pit Commodity Future (3.62%) and NYMEX New York Mercantile Exchange RBOB Gasoline Electronic Energy Future (3.48%).

**What were CMOP’s returns in each of the last five years?**

Calendar-year returns of CMOP in pounds (price, with income reinvested in the fund): 2022 +28.4%, 2023 −12.7%, 2024 +7.1%, 2025 +5.9%; 2026 to 13/11/2026 +28.6%. Past performance is not a guide to future returns.

**How has CMOP done after inflation?**

Over the five years to 13/11/2026 CMOP’s total return was +57.2%, or +22.7% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.