# WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM) **Page:** https://fundology.uk/fund/wcom · ISIN IE00BG88WH84 ## 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, WCOM (WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc, ISIN IE00BG88WH84) closed at £19.39 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 +57.3%, or +22.8% after UK CPIH inflation. ## Summary WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc is an exchange-traded fund (ETF) from WisdomTree, launched in 2018. It tracks the BNP Paribas Optimized Roll Commodity Monthly GBP-Hedged 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: **£19.39** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WCOM | | ISIN | IE00BG88WH84 | | Category | Gold & commodities | | Type | ETF | | Provider | WisdomTree | | Tracks | BNP Paribas Optimized Roll Commodity Monthly GBP-Hedged Index | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £45.4m | | Launched | 2018 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/08/2018 | ## 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 | +32.86% | +28.15% | income reinvested | | 3 years | +51.38% | +36.76% | income reinvested | | 5 years | +57.35% | +22.82% | 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 GBP Hedged Acc in pounds (price, with income reinvested in the fund): 2022 +11.7%, 2023 −7.8%, 2024 +3.0%, 2025 +14.2%; 2026 to 13/11/2026 +31.8%. Returns of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +43.9%; to 30/09/2025: +9.0%; to 30/09/2024: +0.1%; to 30/09/2023: −2.5%; to 30/09/2022: +11.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +11.7% | +2.3% | Price | | 2023 | -7.8% | -11.4% | Price | | 2024 | +3.0% | -0.5% | Price | | 2025 | +14.2% | +10.3% | Price | | 2026 to 13/11/2026 | +31.8% | +27.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.08% | -12.13% | | 3 years | 13.77% | -12.13% | | 5 years | 15.32% | -25.37% | ## Largest fall Volatility of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc in pounds, annualised from weekly returns to 13/11/2026: 18.1% over 1 year, 13.8% over 3 years, 15.3% over 5 years. Largest fall in the price of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc since November 2021, in pounds: −25.4% from 10/06/2022 to 23/02/2024. The lowest 12-month return of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc in pounds (price, with income reinvested in the fund) since January 2021 was −22.4% (12 months to 09/06/2023); the highest was +50.5% (12 months to 25/03/2022). On 13/11/2026 the price of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc was 8.1% below its highest weekly close since November 2021 (24/09/2026), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc 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). ## 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 WCOM?** The ongoing charge of WCOM 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 GBP Hedged Acc 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 WCOM track?** WCOM tracks the BNP Paribas Optimized Roll Commodity Monthly GBP-Hedged Index. **Is WCOM accumulating or distributing?** WCOM 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 WCOM?** The ISIN of WCOM is IE00BG88WH84. An ISIN identifies one exact share class of a fund; WCOM is its ticker on the London Stock Exchange. **What were WCOM’s returns in each of the last five years?** Calendar-year returns of WCOM in pounds (price, with income reinvested in the fund): 2022 +11.7%, 2023 −7.8%, 2024 +3.0%, 2025 +14.2%; 2026 to 13/11/2026 +31.8%. Past performance is not a guide to future returns. **How has WCOM done after inflation?** Over the five years to 13/11/2026 WCOM’s total return was +57.3%, or +22.8% 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.