# WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD (WXAG)

**Page:** https://fundology.uk/fund/wxag · ISIN IE00BDVPNS35

## 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, WXAG (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD, ISIN IE00BDVPNS35) closed at $18.45 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 +69.0%, or +31.9% after UK CPIH inflation.

## Summary

WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD is an exchange-traded fund (ETF) from WisdomTree, launched in 2021. It tracks the Morgan Stanley RADAR ex Agriculture & Livestock Total Return Index - EUR - 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 0.35% 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.

Latest close: **$18.45** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | WXAG |
| ISIN | IE00BDVPNS35 |
| Also listed as | WAXG (Xetra, euros) |
| Category | Gold & commodities |
| Type | ETF |
| Provider | WisdomTree |
| Tracks | Morgan Stanley RADAR ex Agriculture & Livestock Total Return Index - EUR - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £64.6m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 06/10/2021 |

## 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 | +32.17% | +27.49% | income reinvested |
| 3 years | +60.51% | +45.01% | income reinvested |
| 5 years | +68.98% | +31.90% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2022 +29.5%, 2023 −13.0%, 2024 +6.5%, 2025 +21.9%; 2026 to 13/11/2026 +25.4%. Returns of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +48.2%; to 30/09/2025: +15.3%; to 30/09/2024: −7.0%; to 30/09/2023: −4.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +29.5% | +18.5% | Price |
| 2023 | -13.0% | -16.5% | Price |
| 2024 | +6.5% | +2.9% | Price |
| 2025 | +21.9% | +17.7% | Price |
| 2026 to 13/11/2026 | +25.4% | +21.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 20.02% | -12.96% |
| 3 years | 18.04% | -14.80% |
| 5 years | 18.60% | -20.58% |

## Largest fall

Volatility of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 20.0% over 1 year, 18.0% over 3 years, 18.6% over 5 years. Largest fall in the price of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD since November 2021, in pounds: −20.6% from 10/06/2022 to 06/09/2024. The lowest 12-month return of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since October 2021 was −17.2% (12 months to 09/06/2023); the highest was +73.3% (12 months to 01/05/2026). On 13/11/2026 the price of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD was 7.0% below its highest weekly close since November 2021 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF AccumUSD 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
- 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 WXAG?**

The ongoing charge of WXAG 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 ex-Agriculture UCITS ETF AccumUSD 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 WXAG track?**

WXAG tracks the Morgan Stanley RADAR ex Agriculture & Livestock Total Return Index - EUR - Benchmark TR Net.

**Is WXAG accumulating or distributing?**

WXAG 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 WXAG?**

The ISIN of WXAG is IE00BDVPNS35. An ISIN identifies one exact share class of a fund; WXAG is its ticker on the London Stock Exchange. The same share class is also listed as WAXG (Xetra, euros).

**What were WXAG’s returns in each of the last five years?**

Calendar-year returns of WXAG in pounds (price, with income reinvested in the fund): 2022 +29.5%, 2023 −13.0%, 2024 +6.5%, 2025 +21.9%; 2026 to 13/11/2026 +25.4%. Past performance is not a guide to future returns.

**How has WXAG done after inflation?**

Over the five years to 13/11/2026 WXAG’s total return was +69.0%, or +31.9% 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.
