ETF · Xtrackers
XDBG Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged
ISIN LU0460391906London Stock Exchange: XDBGDeutsche Bank AG
- Gold & commodities
- ETF
- ISA
- SIPP
- Accumulating
- GBP hedged
Latest close
LSE£48.67
on
- Ongoing charge
- 0.39% a year
- Fund size
- £5.6m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XDBG (Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged, ISIN LU0460391906) closed at £48.67 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 13/11/2026 its total return was +62.9%, or +27.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +21.5%
- +17.2% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +53.8%
- +38.9% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +62.9%
- +27.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,629 on 13/11/2026 — about £1,271 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged in pounds (price, with income reinvested in the fund): 2022 +18.1%, 2023 −11.2%, 2024 +8.2%, 2025 +25.2%; 2026 to 13/11/2026 +14.4%. Returns of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.2%; to 30/09/2025: +13.2%; to 30/09/2024: +4.4%; to 30/09/2023: −1.2%; to 30/09/2022: +12.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +14.4% | +10.7% | |
| to | +25.2% | +20.9% | |
| to | +8.2% | +4.5% | |
| −11.2% | −14.7% | ||
| +18.1% | +8.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +32.2% | +27.5% |
| from | +13.2% | +8.8% |
| from | +4.4% | +1.7% |
| from | −1.2% | −7.2% |
| from | +12.4% | +3.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
18.8%over 5 years
| 1 year | 18.9% |
|---|---|
| 3 years | 16.3% |
| 5 years | 18.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −25.9%
- From to
- Lowest 12-month return
- −24.1%
- 12 months to
- Highest 12-month return
- +64.5%
- 12 months to
- Below its highest weekly close since November 2021
- 8.3%
- High of , latest
In words: Volatility of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged in pounds, annualised from weekly returns to 13/11/2026: 18.9% over 1 year, 16.3% over 3 years, 18.8% over 5 years. Largest fall in the price of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged since November 2021, in pounds: −25.9% from 10/06/2022 to 08/12/2023. The lowest 12-month return of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged in pounds (price, with income reinvested in the fund) since January 2021 was −24.1% (12 months to 09/06/2023); the highest was +64.5% (12 months to 15/04/2022). On 13/11/2026 the price of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged was 8.3% below its highest weekly close since November 2021 (24/09/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.39%
- a year
- On £10,000
- £39
- a year, roughly
- Over five years
- £193
- of £10,000, before growth
- 70 charge less
- 2 the same
- 77 charge more
Ongoing charge of Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged 0.39% a year. Compared on 14/11/2026, 77 of the 149 other gold and commodity funds charge more, 2 the same and 70 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged is an exchange-traded fund (ETF) from Xtrackers, launched in 2011.
It tracks the Bloomberg ex-Agriculture & Livestock 15/30 Capped 3 Month Forward Index - USD.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.39% a year — about £39 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.
Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- XDBG
- ISIN
- LU0460391906
- Provider
- Xtrackers
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.39% a year · about £39 on £10,000
- Fund size
- £5.6m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Gold & commodities
Price chart
Over the last year, the closing price went from £40.45 on 14/11/2025 to £48.67 on 13/11/2026 (+20.3%). The lowest close shown was £40.05 on 21/11/2025 and the highest £53.09 on 24/09/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
257 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 65
- on record
- Ten largest
- 44.2%
- of the whole fund
- Effective number of holdings
- 33
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 7.4%
- Seagate Technology
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Seagate TechnologySTXUnited States | 7.44% |
| 2 | Aon · Class AAONUnited States | 6.13% |
| 3 | NVIDIANVDAUnited States | 6.07% |
| 4 | WalmartWMTUnited States | 5.90% |
| 5 | Royal Caribbean CruisesRCLUnited States | 3.24% |
| 6 | AmazonAMZNUnited States | 3.16% |
| 7 | Illinois Tool WorksITWUnited States | 3.16% |
| 8 | LindeLINIreland | 3.07% |
| 9 | Accenture · Class AACNUnited States | 3.03% |
| 10 | ProgressivePGRUnited States | 2.99% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 65 largest and what changed since .
All holdings
The fund publishes 65 holdings; the ten largest make up 44.2% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 100.0% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology26.0%
- Technology Services21.9%
- Retail Trade11.2%
- Finance11.2%
- Producer Manufacturing5.9%
- Consumer Services4.8%
- Process Industries3.8%
- Industrial Services3.1%
- Other classified sectors12.1%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
3 funds track Bloomberg ex-Agriculture & Livestock 15/30 Capped 3 Month Forward Index - USD, this one included and share classes counted once; their ongoing charges range from 0.29% to 0.39% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 1C - EUR HedgedAccumulating · Currency hedged · 0.39% a year | 0.39% | +13.2% | +40.3% | +48.7% |
| Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 2CAccumulating · Currency hedged · 0.29% a year | 0.29% | +21.8% | +44.3% | +73.8% |
| Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP HedgedThis fundAccumulating · Currency hedged · 0.39% a year | 0.39% | +21.5% | +53.8% | +62.9% |
As of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 1C - EUR HedgedAccumulating · Currency hedged · 0.39% a year · LU0292106167
- Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 2CAccumulating · Currency hedged · 0.29% a year · LU0460391732
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 247 rolling 12-month returns since January 2021, and of 143 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of XDBG?
The ongoing charge of XDBG is 0.39% a year — about £39 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 ex-Agriculture & Livestock Swap UCITS ETF 3C - GBP Hedged 0.39% a year. Compared on 14/11/2026, 77 of the 149 other gold and commodity funds charge more, 2 the same and 70 less (share classes counted once).
What does XDBG track?
XDBG tracks the Bloomberg ex-Agriculture & Livestock 15/30 Capped 3 Month Forward Index - USD.
Is XDBG accumulating or distributing?
XDBG 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 XDBG?
The ISIN of XDBG is LU0460391906. An ISIN identifies one exact share class of a fund; XDBG is its ticker on the London Stock Exchange.
What does XDBG hold?
XDBG 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 XDBG’s returns in each of the last five years?
Calendar-year returns of XDBG in pounds (price, with income reinvested in the fund): 2022 +18.1%, 2023 −11.2%, 2024 +8.2%, 2025 +25.2%; 2026 to 13/11/2026 +14.4%. Past performance is not a guide to future returns.
How has XDBG done after inflation?
Over the five years to 13/11/2026 XDBG’s total return was +62.9%, or +27.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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