# Invesco Communications S&P US Select Sector UCITS ETF (XLCP) **Page:** https://fundology.uk/fund/xlcp · ISIN IE00BG7PP820 ## 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, XLCP (Invesco Communications S&P US Select Sector UCITS ETF, ISIN IE00BG7PP820) closed at £70.17 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the five years to 13/11/2026 its total return was +37.5%, or +7.3% after UK CPIH inflation. ## Summary Invesco Communications S&P US Select Sector UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2018. It tracks the S&P Select Sector Capped 20% Communication Services Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 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: **£70.17** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XLCP | | ISIN | IE00BG7PP820 | | Also listed as | XLCS (London Stock Exchange, US dollars) | | Category | Single sectors | | Type | ETF | | Provider | Invesco | | Tracks | S&P Select Sector Capped 20% Communication Services Index | | Income | Accumulating | | Ongoing charge | 0.14% a year (£14 per £10,000) | | Fund size | £119m | | Launched | 2018 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/09/2018 | ## 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 | -7.48% | -10.76% | income reinvested | | 3 years | +50.91% | +36.35% | income reinvested | | 5 years | +37.52% | +7.34% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco Communications S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −32.6%, 2023 +43.9%, 2024 +41.7%, 2025 +8.0%; 2026 to 13/11/2026 −4.2%. Returns of Invesco Communications S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −1.6%; to 30/09/2025: +29.4%; to 30/09/2024: +28.9%; to 30/09/2023: +22.3%; to 30/09/2022: −28.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -32.6% | -38.3% | Price | | 2023 | +43.9% | +38.2% | Price | | 2024 | +41.7% | +36.9% | Price | | 2025 | +8.0% | +4.3% | Price | | 2026 to 13/11/2026 | -4.2% | -7.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.51% | -15.15% | | 3 years | 14.79% | -17.14% | | 5 years | 16.86% | -35.30% | ## Largest fall Volatility of Invesco Communications S&P US Select Sector UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 15.5% over 1 year, 14.8% over 3 years, 16.9% over 5 years. Largest fall in the price of Invesco Communications S&P US Select Sector UCITS ETF since November 2021, in pounds: −34.6% from 19/11/2021 to 16/12/2022. The lowest 12-month return of Invesco Communications S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −35.1% (12 months to 04/11/2022); the highest was +46.8% (12 months to 13/12/2024). On 13/11/2026 the price of Invesco Communications S&P US Select Sector UCITS ETF was 9.1% below its highest weekly close since November 2021 (19/09/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco Communications S&P US Select Sector UCITS ETF 0.14% a year. Compared on 14/11/2026, 150 of the 164 other single-sector funds charge more, 7 the same and 7 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.14%** 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 As of 30/09/2026, XLCP holds 23 positions, according to its published holdings. The largest is Meta Platforms · Class A at 21.10% of the fund; the ten largest make up 88.5%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 21.10% | | 2 | Netflix | [NFLX](https://fundology.uk/stock/NFLX) | 13.00% | | 3 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 11.00% | | 4 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 8.80% | | 5 | Verizon Communications | [VZ](https://fundology.uk/stock/VZ) | 8.50% | | 6 | Walt Disney | [DIS](https://fundology.uk/stock/DIS) | 8.10% | | 7 | AT&T | [T](https://fundology.uk/stock/T) | 7.50% | | 8 | Applovin · Class A | [APP](https://fundology.uk/stock/APP) | 3.50% | | 9 | T-Mobile US | [TMUS](https://fundology.uk/stock/TMUS) | 3.50% | | 10 | Warner Bros. Discovery | [WBD](https://fundology.uk/stock/BIVA:WBD) | 3.50% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 23/09/2026. | Sector | Weight | |---|---| | Communication Services | 95.8% | | Information Technology | 4.2% | All 23 holdings: https://fundology.uk/fund/xlcp/holdings ## Questions people ask **What is the ongoing charge of XLCP?** The ongoing charge of XLCP is 0.14% a year — about £14 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 Invesco Communications S&P US Select Sector UCITS ETF 0.14% a year. Compared on 14/11/2026, 150 of the 164 other single-sector funds charge more, 7 the same and 7 less (share classes counted once). **What does XLCP track?** XLCP tracks the S&P Select Sector Capped 20% Communication Services Index. **Is XLCP accumulating or distributing?** XLCP 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 XLCP?** The ISIN of XLCP is IE00BG7PP820. An ISIN identifies one exact share class of a fund; XLCP is its ticker on the London Stock Exchange. The same share class is also listed as XLCS (London Stock Exchange, US dollars). **What does XLCP hold?** As of 30/09/2026, XLCP holds 23 positions, according to its published holdings. The largest is Meta Platforms · Class A at 21.10% of the fund; the ten largest make up 88.5%. Its ten largest holdings are Meta Platforms · Class A (21.10%), Netflix (13.00%), Alphabet · Class A (11.00%), Alphabet · Class C (8.80%), Verizon Communications (8.50%), Walt Disney (8.10%), AT&T (7.50%), Applovin · Class A (3.50%), T-Mobile US (3.50%) and Warner Bros. Discovery (3.50%). **What were XLCP’s returns in each of the last five years?** Calendar-year returns of XLCP in pounds (price, with income reinvested in the fund): 2022 −32.6%, 2023 +43.9%, 2024 +41.7%, 2025 +8.0%; 2026 to 13/11/2026 −4.2%. Past performance is not a guide to future returns. **How has XLCP done after inflation?** Over the five years to 13/11/2026 XLCP’s total return was +37.5%, or +7.3% 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.