# Xtrackers Bloomberg Commodity Swap UCITS ETF -3C Hedged- Capitalisation (XBCS)

**Page:** https://fundology.uk/fund/xbcs · ISIN LU3370249040

## 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, XBCS (Xtrackers Bloomberg Commodity Swap UCITS ETF -3C Hedged- Capitalisation, ISIN LU3370249040) closed at £6.77 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000).

## Summary

Xtrackers SICAV - Xtrackers Bloomberg Commodity Swap UCITS ETF -3C Hedged- Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2026. It tracks the Bloomberg Commodity Index 3 Months Forward. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 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 a currency-hedged share class: it uses currency contracts to reduce the effect of exchange-rate moves.

Latest close: **£6.77** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XBCS |
| ISIN | LU3370249040 |
| Category | Gold & commodities |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg Commodity Index 3 Months Forward |
| Income | Accumulating |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £358m |
| Launched | 2026 |
| Domicile | Luxembourg |

## Charges compared with similar funds

Ongoing charge of Xtrackers SICAV - Xtrackers Bloomberg Commodity Swap UCITS ETF -3C Hedged- Capitalisation 0.12% a year. Compared on 14/11/2026, 141 of the 149 other gold and commodity funds charge more, 7 the same and 1 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** 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.

## What it holds

XBCS is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 15/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Seagate Technology | [STX](https://fundology.uk/stock/STX) | 8.23% |
| 2 | Walmart | [WMT](https://fundology.uk/stock/WMT) | 7.49% |
| 3 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 4.86% |
| 4 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 3.70% |
| 5 | Palo Alto Networks | [PANW](https://fundology.uk/stock/PANW) | 3.24% |
| 6 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.13% |
| 7 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 2.78% |
| 8 | Bw Lpg | [BWLPG](https://fundology.uk/stock/BWLPG) | 2.76% |
| 9 | Progressive | [PGR](https://fundology.uk/stock/PGR) | 2.65% |
| 10 | Atlas Copco · Class B | [ATCO_A](https://fundology.uk/stock/ATCO_A) | 2.58% |

The 119 holdings on record (of 129 reported): https://fundology.uk/fund/xbcs/holdings

## Questions people ask

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

The ongoing charge of XBCS is 0.12% a year — about £12 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 Xtrackers SICAV - Xtrackers Bloomberg Commodity Swap UCITS ETF -3C Hedged- Capitalisation 0.12% a year. Compared on 14/11/2026, 141 of the 149 other gold and commodity funds charge more, 7 the same and 1 less (share classes counted once).

**What does XBCS track?**

XBCS tracks the Bloomberg Commodity Index 3 Months Forward.

**Is XBCS accumulating or distributing?**

XBCS 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 XBCS?**

The ISIN of XBCS is LU3370249040. An ISIN identifies one exact share class of a fund; XBCS is its ticker on the London Stock Exchange.

**What does XBCS hold?**

XBCS is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 15/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

## Fund documents

- [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU3370249040-bloomberg-commodity-swap-ucits-etf-3c-gbp-hedged/)
- Links checked 12/10/2026.

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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.