# WisdomTree Enhanced Commodity UCITS ETF USD (WCOG) **Page:** https://fundology.uk/fund/wcog · ISIN IE00BZ1GHD37 ## 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, WCOG (WisdomTree Enhanced Commodity UCITS ETF USD, ISIN IE00BZ1GHD37) closed at £14.06 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +63.0%, or +27.2% after UK CPIH inflation. ## Summary WisdomTree Enhanced Commodity UCITS ETF USD is an exchange-traded fund (ETF) from WisdomTree, launched in 2016. It tracks the BNP Paribas Optimised Roll Commodity Total Return 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 paid out to holders as cash, usually a few times a year. Latest close: **£14.06** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WCOG | | ISIN | IE00BZ1GHD37 | | Category | Gold & commodities | | Type | ETF | | Provider | WisdomTree | | Tracks | BNP Paribas Optimised Roll Commodity Total Return Index | | Income | Distributing | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £460m | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/03/2016 | ## 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 | +31.43% | +26.78% | income reinvested | | 3 years | +40.33% | +26.79% | income reinvested | | 5 years | +63.00% | +27.23% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Enhanced Commodity UCITS ETF USD in pounds (price only, income paid out not included): 2022 +26.3%, 2023 −12.7%, 2024 −3.5%, 2025 +2.0%; 2026 to 13/11/2026 +34.1%. Returns of WisdomTree Enhanced Commodity UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +40.8%; to 30/09/2025: +3.5%; to 30/09/2024: −12.8%; to 30/09/2023: −10.3%; to 30/09/2022: +37.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +26.3% | +15.7% | Price | | 2023 | -12.7% | -16.1% | Price | | 2024 | -3.5% | -6.8% | Price | | 2025 | +2.0% | -1.5% | Price | | 2026 to 13/11/2026 | +34.1% | +29.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.54% | -11.87% | | 3 years | 15.09% | -13.85% | | 5 years | 16.30% | -30.61% | ## Largest fall Volatility of WisdomTree Enhanced Commodity UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 18.5% over 1 year, 15.1% over 3 years, 16.3% over 5 years. Largest fall in the price of WisdomTree Enhanced Commodity UCITS ETF USD since November 2021, in pounds: −30.6% from 10/06/2022 to 30/05/2025. The lowest 12-month return of WisdomTree Enhanced Commodity UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −22.9% (12 months to 09/06/2023); the highest was +59.4% (12 months to 10/06/2022). On 13/11/2026 the price of WisdomTree Enhanced Commodity UCITS ETF USD was 6.5% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Enhanced Commodity UCITS ETF USD 0.35% a year. Compared on 14/11/2026, 84 of the 149 other gold and commodity funds charge more, 10 the same and 55 less (share classes counted once). ## Funds tracking the same index 2 funds track BNP Paribas Optimised Roll Commodity Total Return Index, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.35% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | WisdomTree Enhanced Commodity UCITS ETF USD (this fund) | 0.35% | +31.4% | +40.3% | +63.0% | | WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.35% | +31.4% | +40.4% | +63.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026) - 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 WCOG?** The ongoing charge of WCOG 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. Platform and dealing fees are charged separately. Ongoing charge of WisdomTree Enhanced Commodity UCITS ETF USD 0.35% a year. Compared on 14/11/2026, 84 of the 149 other gold and commodity funds charge more, 10 the same and 55 less (share classes counted once). **What does WCOG track?** WCOG tracks the BNP Paribas Optimised Roll Commodity Total Return Index. **Is WCOG accumulating or distributing?** WCOG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of WCOG?** The ISIN of WCOG is IE00BZ1GHD37. An ISIN identifies one exact share class of a fund; WCOG is its ticker on the London Stock Exchange. **What were WCOG’s returns in each of the last five years?** Calendar-year returns of WCOG in pounds (price only, income paid out not included): 2022 +26.3%, 2023 −12.7%, 2024 −3.5%, 2025 +2.0%; 2026 to 13/11/2026 +34.1%. Past performance is not a guide to future returns. **How has WCOG done after inflation?** Over the five years to 13/11/2026 WCOG’s total return was +63.0%, or +27.2% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.