L&G Longer Dated All Commodities UCITS ETF USD Acc
ISIN IE00B4WPHX27 Rating ★★★☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Commodities
TER
0.30 %
TD
0.61 %
Currency
USD
Fund size
400 Mio EUR
Perf. 2021
32.70 %
"L&G Longer Dated All Commodities UCITS ETF USD Acc" is an exchange-traded investment fund (ETF). It refers to the Bloomberg Commodity Index 3 Month Forward. This index reflects the development of commodity futures . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings are automatically reinvested (accumulated). The fund company L&G ETF claims a total expense ratio (TER) of 0.30% per year. The yearly average divergence from the index performance (Tracking Difference) since 2012 was 0.61% per year. Therefore, the ETF was more expensive than the TER suggests.
Tracking Differences
Performance
Fund size
Comparing Tracking Difference, Total Expense Ratio and fund size
Every bubble represents an ETF. The further to the right it is, the higher (worse) is its tracking difference. The further up it is, the higher the total expense ratio specified by the fund company. The bubble's area represents the fund volume.