Invesco Bloomberg Commodity UCITS ETF

What this fund is

Invesco Bloomberg Commodity UCITS ETF is an exchange-traded fund (ETF) from Invesco, traded under the ticker CMOD (ISIN IE00BD6FTQ80). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. It follows the Bloomberg Commodity TR Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include TF Float 07/31/26, B 09/03/26 and TF Float 10/31/26. It holds around 15 positions (the ten largest ≈ 85.1%), spreading risk so no single holding decides your outcome.

Geographically it leans ~100% United States. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.19% a year — about €19 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD.

Its price has swung about 44.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2017. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Invesco.)