# WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged (CODO)

**Source:** https://fundology.uk/fund/codo · ISIN IE00BFNNN012 · 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 01/10/2026, CODO (WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged, ISIN IE00BFNNN012) closed at $95.78 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 01/10/2026 its total return was +20.1%, or −6.1% after UK CPIH inflation.

## Summary

WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged is an exchange-traded fund (ETF) from WisdomTree, launched in 2018. It tracks the iBoxx Contingent Convertible Liquid Developed Europe AT1 Index - USD - Benchmark TR Net Hedged. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **$95.78** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CODO |
| ISIN | IE00BFNNN012 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | WisdomTree |
| Tracks | iBoxx Contingent Convertible Liquid Developed Europe AT1 Index - USD - Benchmark TR Net Hedged |
| Income | Distributing |
| Ongoing charge | 0.39% a year (£39 per £10,000) |
| Fund size | £5.6m |
| Launched | 2018 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +5.19% | +1.88% | income reinvested |
| 3 years | +26.49% | +14.14% | income reinvested |
| 5 years | +20.06% | -6.14% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged 0.39% a year, as of 02/10/2026: 96 of the 392 other corporate and other bond funds charge more, 8 the same and 288 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.39%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

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

The ongoing charge of CODO is 0.39% a year — about £39 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 WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged 0.39% a year, as of 02/10/2026: 96 of the 392 other corporate and other bond funds charge more, 8 the same and 288 less (share classes counted once).

**What does CODO track?**

CODO tracks the iBoxx Contingent Convertible Liquid Developed Europe AT1 Index - USD - Benchmark TR Net Hedged.

**Is CODO accumulating or distributing?**

CODO is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of CODO?**

The ISIN of CODO is IE00BFNNN012. An ISIN identifies one exact share class of a fund; CODO is its ticker on the London Stock Exchange.

**How has CODO done after inflation?**

Over the five years to 01/10/2026 CODO’s total return was +20.1%, or −6.1% 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.