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Xtrackers Bloomberg Commodity Swap UCITS ETF 2C EUR Hedged

Xtrackers · LU0429790743

Xtrackers Bloomberg Commodity Swap UCITS ETF 2C EUR Hedged is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XCBE (ISIN LU0429790743). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about tracking physical commodities like gold or oil, which often move…

· Tracks the Bloomberg Commodity Index Total Return 3 Month Forward index ?

Commodity ?Accumulating ?Physical ?LU ?

Low yearly feeReinvests dividendsOwns the shares directlyOtherConcentrated in a few names

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Xtrackers funds Domiciled in LU Accumulating Physically replicated Other commodities Yearly fee under 0.25%

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Fund size (AUM) ?

€0

Risk level (SRI) ?

5 / 7 · High

1-year return ?

+28.6%

Price Return · to 2026-10-16

Yearly fee (TER) ?

0.00%

All-in cost ≈ 0.24%

About this fund

What you own

The Bloomberg Commodity Index Total Return 3 Month Forward index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 123 companies across Other in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.00%Yearly fee (TER)

0.24%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

Bloomberg Commodity Index Total Return 3 Month Forward

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

2009

17-year track record

Performance

Growth of €100 invested — both lines start at €100.

Xtrackers Bloomberg Commodity Swap UCITS ETF 2C EUR Hedged Average Bloomberg Commodity Index Total Return 3 Month Forward ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+21.7%

1 year+28.6%

3 years+12.3%

5 years+8.5%

Return, year by year

+14.8

-9.3

+4.5

+16.4

'22'23'24'25

3 of 4 up yearsBest: 2025 +16.4%Worst: 2023 -9.3%Calendar-year total returns, in EUR

How bumpy has it been?

16.9%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-12.8%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

0.87

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

+72.1%

Since inception

Total growth since launch — about +10.9% a year.

+35.5%

Best 12 months

The strongest one-year stretch on record.

-23.8%

Worst 12 months

The weakest one-year stretch on record.

-25.8%

Worst fall on record ?

It clawed back in about 24 months.

What's inside

By sector ?

Technology37.5%

Consumer Staples12.0%

Materials10.0%

Health Care9.2%

Energy7.7%

Consumer Discretionary7.7%

Communication Services6.7%

Industrials6.5%

The 10 biggest holdings make up 43.5% of the fund — the rest is spread across roughly 112 more companies.

Top 10 holdings

#	Company	Weight
1	MICROSOFT	7.2%
2	ALPHABET CLASS C	6.2%
3	SEAGATE TECHNOLOGY HOLDINGS PLC	6.0%
4	NVIDIA	4.0%
5	HONEYWELL INTERNATIONAL INC WHEN I	3.9%
6	ADVANCED MICRO DEVICES	3.8%
7	AMAZON COM INC	3.4%
8	FORTINET	3.2%
9	WALMART	2.9%
10	TESLA INC	2.9%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
SIX	XCBE	CHF	★ Primary
EUR listings
B2	XCBE	EUR
B3	XCBED	EUR
B4	XCBE	EUR
BW	XCBE	EUR
E1	XCBE	EUR
E1	XCBECHF	EUR
E1	XCBEGBP	EUR
E1	XCBEUSD	EUR
EO	XCBEUSD	EUR
EO	XCBECHF	EUR
EO	XCBEGBP	EUR
EO	XCBE	EUR
EP	XCBE	EUR
ER	XCBE	EUR
ER	XCBED	EUR
ER	XCBEPLN	EUR
EZ	XCBE	EUR
Frankfurt	XCBE	EUR
GD	XCBE	EUR
GF	XCBE	EUR
GH	XCBE	EUR
GI	XCBE	EUR
GM	XCBE	EUR
GS	XCBE	EUR
GT	XCBE	EUR
GZ	DBZN	EUR
L1	XCBED	EUR
L3	XCBED	EUR
L3	XCBEM	EUR
LA	XCBE	EUR
LU	XCBE	EUR
PO	XCBEM	EUR
PO	XCBED	EUR
QT	DBZN	EUR
T2	XCBE	EUR
TH	XCBE	EUR
XA	XCBE	EUR
XA	XCBEGBP	EUR
XA	XCBEUSD	EUR
XC	XCBEUSD	EUR
XC	XCBEGBP	EUR
XC	XCBE	EUR
XE	XCBE	EUR
XE	XCBEGBP	EUR
XE	XCBEUSD	EUR
XF	XCBEUSD	EUR
XF	XCBEGBP	EUR
XF	XCBE	EUR
XG	XCBE	EUR
XG	XCBEGBP	EUR
XG	XCBEUSD	EUR
XH	XCBEUSD	EUR
XH	XCBEGBP	EUR
XH	XCBE	EUR
XJ	XCBE	EUR
XJ	XCBEGBP	EUR
XJ	XCBEUSD	EUR
XL	XCBE	EUR
XL	XCBEGBP	EUR
XL	XCBEUSD	EUR
XO	XCBEUSD	EUR
XO	XCBEGBP	EUR
XO	XCBE	EUR
XS	XCBE	EUR
XS	XCBEGBP	EUR
XS	XCBEUSD	EUR
XT	XCBECHF	EUR
XV	XCBEUSD	EUR
XV	XCBEGBP	EUR
XV	XCBECHF	EUR
XV	XCBE	EUR
XW	XCBEUSD	EUR
XW	XCBEGBP	EUR
XW	XCBECHF	EUR
XW	XCBE	EUR
XX	XCBE	EUR
XX	XCBECHF	EUR
XX	XCBEGBP	EUR
XX	XCBEUSD	EUR

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-10-16 · the fund's own published holdings.

#	Company	Weight
1	MICROSOFT	7.2%
2	ALPHABET CLASS C	6.2%
3	SEAGATE TECHNOLOGY HOLDINGS PLC	6.0%
4	NVIDIA	4.0%
5	HONEYWELL INTERNATIONAL INC WHEN I	3.9%
6	ADVANCED MICRO DEVICES	3.8%
7	AMAZON COM INC	3.4%
8	FORTINET	3.2%
9	WALMART	2.9%
10	TESLA INC	2.9%
11	PROGRESSIVE	2.7%
12	KLA	2.6%
13	APPLE	2.6%
14	ROYAL CARIBBEAN GROUP	2.5%
15	ROYALTY PHARMA PLC CLASS A	2.5%
16	UNION PACIFIC	2.4%
17	META PLATFORMS CLASS A	2.1%
18	SUBSEA	2.1%
19	CARDINAL HEALTH	2.0%
20	VERTEX PHARMACEUTICALS	1.8%
21	NVENT ELECTRIC PLC	1.8%
22	ALPHABET CLASS A	1.7%
23	PROCTER & GAMBLE	1.5%
24	FABRINET	1.3%
25	ELI LILLY	1.2%
26	MITSUI FUDOSAN LOGISTICS PARK REIT	1.1%
27	INVESCO LTD	1.1%
28	ROIVANT SCIENCES LTD	1.0%
29	STATE STREET	0.9%
30	SHARKNINJA	0.8%
31	TE CONNECTIVITY PLC	0.8%
32	TRANSDIGM GROUP	0.8%
33	DOORDASH INC	0.7%
34	EVEREST GROUP	0.7%
35	ICHOR HOLDINGS	0.7%
36	EVERPURE INC CLASS A	0.7%
37	BW LPG LTD	0.6%
38	BROADCOM INC	0.6%
39	HUNTINGTON BANCSHARES INC	0.6%
40	AMER SPORTS INC	0.6%
41	NEWMARK GROUP INC CLASS A	0.6%
42	TRANE TECHNOLOGIES PLC	0.6%
43	ARISTA NETWORKS	0.5%
44	BOOKING HOLDINGS	0.5%
45	Commerzbank AG	0.5%
46	CRH PUBLIC LIMITED PLC	0.5%
47	SANDISK	0.4%
48	CARIS LIFE SCIENCES	0.4%
49	SYNOPSYS	0.4%
50	SPACE EXPLORATION TECHNOLOGIES COR	0.4%
51	AIRBNB CLASS A	0.3%
52	BOEING	0.3%
53	LAM RESEARCH	0.3%
54	SERVICENOW	0.3%
55	DECKERS OUTDOOR	0.3%
56	UNITED AIRLINES HOLDINGS	0.3%
57	PFIZER	0.3%
58	ADOBE INC	0.3%
59	STRATEGY INC CLASS A	0.3%
60	NETFLIX	0.3%
61	QUALCOMM	0.3%
62	O REILLY AUTOMOTIVE	0.2%
63	HOME DEPOT	0.2%
64	DEXCOM INC	0.2%
65	PALANTIR TECHNOLOGIES CLASS A	0.2%
66	NEUROCRINE BIOSCIENCES	0.2%
67	MARKEL GROUP	0.2%
68	EATON PLC	0.2%
69	AMERICAN WATER WORKS	0.2%
70	ILLUMINA INC	0.2%
71	D R HORTON	0.2%
72	NORWEGIAN AIR SHUTTLE	0.2%
73	NATERA	0.2%
74	TJX	0.2%
75	SFS GROUP AG	0.2%
76	GLOBALFOUNDRIES	0.2%
77	VZ HOLDING AG	0.2%
78	ROBINHOOD MARKETS CLASS A	0.2%
79	REVOLUTION MEDICINES	0.2%
80	APG SGA SA	0.1%
81	Graubuendner Kantonalbank	0.1%
82	UBER TECHNOLOGIES	0.1%
83	BERKSHIRE HATHAWAY INC CLASS B	0.1%
84	ATTENDO	0.1%
85	ROBLOX CLASS A	0.1%
86	INGRAM MICRO HOLDING	0.1%
87	UNITED RENTALS	0.1%
88	SELECTIVE INSURANCE GROUP	0.1%
89	WELLTOWER	0.1%
90	CORTEVA	0.1%
91	BOSSARD HOLDING AG	0.1%
92	INVINCIBLE INVESTMENT REIT	0.1%
93	MONOLITHIC POWER SYSTEMS INC	0.1%
94	Thurgauer Kantonalbank	0.1%
95	NORTHWESTERN ENERGY GROUP	0.1%
96	WERELDHAVE NV	0.1%
97	AON PLC CLASS A	0.1%
98	JOHNSON CONTROLS INTERNATIONAL PLC	0.1%
99	PALO ALTO NETWORKS	0.1%
100	ROKU CLASS A	0.1%
101	EXELIXIS INC	0.1%
102	PRAXIS PRECISION MEDICINES	0.1%
103	ARROWHEAD PHARMACEUTICALS	0.0%
104	CYTOKINETICS	0.0%
105	CHARTER COMMUNICATIONS CLASS A	0.0%
106	ADTRAN INC	0.0%
107	SLB	0.0%
109	Wereldhave Belgium NV	0.0%
110	PENGUIN SOLUTIONS INC	0.0%
111	RUBRIK CLASS A	0.0%
112	AVOLTA AG	0.0%
113	-	0.0%
114	TOAST CLASS A	0.0%
115	ARCH CAPITAL GROUP	0.0%
116	XPO	0.0%
117	SOFI TECHNOLOGIES	0.0%
118	RIVIAN AUTOMOTIVE INC CLASS A	0.0%
119	BURLINGTON STORES	0.0%
120	ALNYLAM PHARMACEUTICALS	0.0%
121	FLEX LTD	0.0%
122	APPIER GROUP INC	0.0%
123	KYOWA KIRIN LTD	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

💰 All-in cost cheaper than 46%📈 Higher 1-yr return than 50%📈 Higher 3-yr return than 17%📈 Higher 5-yr return than 33%📊 Beat its category by 9.0% (1-yr) (category average +19.6%)📊 Behind its category by 3.2% (3-yr) (category average +15.6%)📊 Behind its category by 1.2% (5-yr) (category average +9.7%)

Versus the Commodities · Other · EUR ETFs we track.

Advanced risk

1.23

Sortino (3y) ?

0.97

Calmar (3y) ?

11.3%

Downside deviation ?

83%

Up months (hit rate) ?

€28.67

52-week high ?

€21.93

52-week low ?

Concentration depth

~35 ?

Effective number of holdings

Roughly 123 companies are held, but the largest names carry most of the weight — so it behaves like ~35 equal-sized positions.

Documents

📄 KID (PDF)

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Other commodities

Compare side by side

6 similar funds

	Xtrackers Bloomberg Commodity Swap UCITS ETF 2C EUR HedgedXtrackersYou're viewing	SPDR® Gold SharesSPDRBroader match	iShares Physical Gold ETCiSharesBroader match	SPDR® Gold MiniShares®SPDRBroader match	Invesco Physical Gold ETCInvescoBroader match	AMUNDI PHYSICAL GOLD ETC (C)AmundiBroader match	UBS Gold ETF USD accUBSBroader match
Why it's similar	This is the fund on this page.	CommoditiesPhysical Tracks a different index in the same category.	CommoditiesAccumulatingPhysical Tracks a different index in the same category.	CommoditiesPhysical Tracks a different index in the same category.	CommoditiesPhysical Tracks a different index in the same category.	CommoditiesAccumulatingPhysical Tracks a different index in the same category.	CommoditiesAccumulatingPhysical Tracks a different index in the same category.
Index tracked	Bloomberg Commodity Index Total Return 3 Month Forward	LBMA Gold Price PM	London Bullion Market Association (LBMA) Gold Price	LBMA Gold Price PM	LBMA Gold Price (PM)	LMBA Gold Price PM USD
Yearly fee (TER)	0.00%	0.40%	0.12%	0.10%	0.12%	0.12%	0.23%
All-in cost	0.24%	0.00%	0.13%	0.00%	0.12%	0.00%	0.00%
Fund size	€0	€126.7B	€30.2B	€27.5B	€26.2B	€11.6B	€5.2B
Domicile	LU	United States	Ireland	United States	Ireland	France	Switzerland
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+12.3%	+28.9%	+26.1%	+29.3%	+28.8%	+26.7%	+25.2%
5-yr return p.a.	+8.5%	+18.2%	+18.2%	+18.6%	+19.3%	+19.3%	+15.7%
# holdings	123				1		1

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Data as of 2026-10-16 · Source: issuer data, compiled by Finance Hamster

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