# Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP (ECGH)

**Source:** https://fundology.uk/fund/ecgh · ISIN IE00011CA799 · 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, ECGH (Mlt Strgy Enhnc Comm UCITS ETF, ISIN IE00011CA799) closed at £14.46 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the three years to 30/09/2026 its total return was +40.3%, or +26.6% after UK CPIH inflation.

## Summary

Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP is an exchange-traded fund (ETF) from L&G, launched in 2023. It tracks the Barclays Backwardation Tilt Multi-Strategy Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£14.46** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ECGH |
| ISIN | IE00011CA799 |
| Category | Gold & commodities |
| Type | ETF |
| Provider | L&G |
| Tracks | Barclays Backwardation Tilt Multi-Strategy Capped Index |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £193m |
| Launched | 2023 |
| 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 | +30.87% | +26.77% | income reinvested |
| 3 years | +40.29% | +26.59% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund): 2024 +3.4%, 2025 +8.9%; 2026 to 30/09/2026 +30.7%. Returns of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +30.8%; to 30/09/2025: +10.7%; to 30/09/2024: −4.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +3.4% | -0.2% | Price |
| 2025 | +8.9% | +5.2% | Price |
| 2026 to 30/09/2026 | +30.7% | +27.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 15.77% | -11.52% |
| 3 years | 14.01% | -11.52% |

## Largest fall

Volatility of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 15.8% over 1 year, 14.0% over 3 years. Largest fall in the price of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP since June 2023, in pounds: −11.5% from 15/05/2026 to 26/06/2026. The lowest 12-month return of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund) since June 2023 was −9.5% (12 months to 06/09/2024); the highest was +36.4% (12 months to 15/05/2026). On 30/09/2026 the price of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP was 1.5% below its highest weekly close since June 2023 (11/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP 0.35% a year, as of 01/10/2026: 79 of the 137 other gold and commodity funds charge more, 9 the same and 49 less (share classes counted once).

## Funds tracking the same index

4 funds track Barclays Backwardation Tilt Multi-Strategy Capped Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.35% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF | 0.30% | +32.8% | +29.8% | +34.5% |
| Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP (this fund) | 0.35% | +30.9% | +40.3% | — |
| Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Shs Hedged GBP | 0.30% | +31.0% | — | — |
| Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF USD | 0.30% | +33.0% | — | — |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** 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.
