ETN / ETP · Leverage Shares
CODL Cordillera Core Balanced Strategy ETP
ISIN XS2665005059London Stock Exchange: CODLLeverage Shares LLC
- Ready-made mixes
- ETN / ETP
- ISA
- SIPP
- Accumulating
Latest close
LSE$28.75
on
- Ongoing charge
- 0.85% a year
- Fund size
- £80.3m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, CODL (Cordillera Core Balanced Strategy ETP, ISIN XS2665005059) closed at $28.75 on the London Stock Exchange. Its ongoing charge is 0.85% a year (about £85 on £10,000). Over the three years to 13/11/2026 its price changed by +32.4%, or +19.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +6.9%
- +3.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +32.4%
- +19.7% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Cordillera Core Balanced Strategy ETP in pounds (price, with income reinvested in the fund): 2024 +14.0%, 2025 +5.7%; 2026 to 13/11/2026 +6.9%. Returns of Cordillera Core Balanced Strategy ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +9.7%; to 30/09/2025: +10.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +6.9% | +3.4% | |
| to | +5.7% | +2.1% | |
| to | +14.0% | +10.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +9.7% | +5.8% |
| from | +10.5% | +6.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
8.9%over 3 years
| 1 year | 9.2% |
|---|---|
| 3 years | 8.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2023
- −12.5%
- From to
- Lowest 12-month return
- −2.6%
- 12 months to
- Highest 12-month return
- +23.2%
- 12 months to
- Below its highest weekly close since November 2023
- 1.3%
- High of , latest
In words: Volatility of Cordillera Core Balanced Strategy ETP in pounds, annualised from weekly returns to 13/11/2026: 9.2% over 1 year, 8.9% over 3 years. Largest fall in the price of Cordillera Core Balanced Strategy ETP since November 2023, in pounds: −12.5% from 17/01/2025 to 11/04/2025. The lowest 12-month return of Cordillera Core Balanced Strategy ETP in pounds (price, with income reinvested in the fund) since November 2023 was −2.6% (12 months to 11/04/2025); the highest was +23.2% (12 months to 17/04/2026). On 13/11/2026 the price of Cordillera Core Balanced Strategy ETP was 1.3% below its highest weekly close since November 2023 (09/10/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.85%
- a year
- On £10,000
- £85
- a year, roughly
- Over five years
- £418
- of £10,000, before growth
- 40 charge less
- 0 the same
- 3 charge more
Ongoing charge of Cordillera Core Balanced Strategy ETP 0.85% a year. Compared on 14/11/2026, 3 of the 43 other ready-made mixed funds charge more, 0 the same and 40 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Cordillera Core Balanced Strategy ETP is an exchange-traded product from Leverage Shares, launched in 2023.
It tracks the Solactive CWM Balanced Strategy Index - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.85% a year — about £85 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.
Ready-made mixes: Shares and bonds combined in one fund at a set balance — for example 60% shares and 40% bonds.
Key facts
- Ticker
- CODL
- ISIN
- XS2665005059
- Provider
- Leverage Shares
- Tracks
- Solactive CWM Balanced Strategy Index
- Structure
- ETN / ETP
- An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.85% a year · about £85 on £10,000
- Fund size
- £80.3m
- Launched
- Domicile
- Ireland
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Ready-made mixes
Price chart
Over the last year, the closing price went from $27.33 on 14/11/2025 to $28.75 on 13/11/2026 (+5.2%). The lowest close shown was $26.43 on 27/03/2026 and the highest $29.59 on 13/08/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
153 weekly closes, from 10/11/2023 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 101 rolling 12-month returns since November 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2023, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (147 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of CODL?
The ongoing charge of CODL is 0.85% a year — about £85 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 Cordillera Core Balanced Strategy ETP 0.85% a year. Compared on 14/11/2026, 3 of the 43 other ready-made mixed funds charge more, 0 the same and 40 less (share classes counted once).
What does CODL track?
CODL tracks the Solactive CWM Balanced Strategy Index - Benchmark TR Net.
Is CODL accumulating or distributing?
CODL 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 CODL?
The ISIN of CODL is XS2665005059. An ISIN identifies one exact share class of a fund; CODL is its ticker on the London Stock Exchange.
What were CODL’s returns in each of the last five years?
Calendar-year returns of CODL in pounds (price, with income reinvested in the fund): 2024 +14.0%, 2025 +5.7%; 2026 to 13/11/2026 +6.9%. Past performance is not a guide to future returns.
How has CODL done after inflation?
Over the three years to 13/11/2026 CODL’s price changed by +32.4%, or +19.7% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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