# Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation (XCMC) **Page:** https://fundology.uk/fund/xcmc · ISIN LU2278080713 ## 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, XCMC (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation, ISIN LU2278080713) closed at $15.13 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +40.3%, or +9.5% after UK CPIH inflation. ## Summary Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2021. 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. Latest close: **$15.13** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XCMC | | ISIN | LU2278080713 | | Category | Gold & commodities | | Type | ETF | | Provider | Xtrackers | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £254m | | Launched | 2021 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/11/2021 | ## 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 | +19.59% | +15.35% | income reinvested | | 3 years | +32.49% | +19.70% | income reinvested | | 5 years | +40.31% | +9.52% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation in pounds (price, with income reinvested in the fund): 2022 +32.9%, 2023 −11.3%, 2024 +8.1%, 2025 +7.3%; 2026 to 13/11/2026 +20.7%. Returns of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.9%; to 30/09/2025: +10.4%; to 30/09/2024: −6.0%; to 30/09/2023: −10.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +32.9% | +21.6% | Price | | 2023 | -11.3% | -14.9% | Price | | 2024 | +8.1% | +4.4% | Price | | 2025 | +7.3% | +3.6% | Price | | 2026 to 13/11/2026 | +20.7% | +16.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.59% | -8.96% | | 3 years | 13.23% | -11.62% | | 5 years | 15.90% | -22.03% | ## Largest fall Volatility of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 14.6% over 1 year, 13.2% over 3 years, 15.9% over 5 years. Largest fall in the price of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation since November 2021, in pounds: −22.0% from 10/06/2022 to 06/09/2024. The lowest 12-month return of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation in pounds (price, with income reinvested in the fund) since November 2021 was −19.3% (12 months to 09/06/2023); the highest was +36.2% (12 months to 03/09/2026). On 13/11/2026 the price of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C Capitalisation was 7.1% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers Bloomberg Commodity Swap UCITS ETF 1C 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 XCMC 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/xcmc/holdings ## Questions people ask **What is the ongoing charge of XCMC?** The ongoing charge of XCMC 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 Bloomberg Commodity Swap UCITS ETF 1C 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). **Is XCMC accumulating or distributing?** XCMC 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 XCMC?** The ISIN of XCMC is LU2278080713. An ISIN identifies one exact share class of a fund; XCMC is its ticker on the London Stock Exchange. **What does XCMC hold?** XCMC 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. **What were XCMC’s returns in each of the last five years?** Calendar-year returns of XCMC in pounds (price, with income reinvested in the fund): 2022 +32.9%, 2023 −11.3%, 2024 +8.1%, 2025 +7.3%; 2026 to 13/11/2026 +20.7%. Past performance is not a guide to future returns. **How has XCMC done after inflation?** Over the five years to 13/11/2026 XCMC’s total return was +40.3%, or +9.5% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU2278080713-bloomberg-commodity-swap-ucits-etf-1c/) - Links checked 12/10/2026. --- 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.