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›ETF Providers›L&G›ENCO

ETF screener

ENCO

IE00BFXR6159

Passive ETF Commodity

ENCO ETF · L&G Multi-Strategy Enhanced Commodities UCITS ETF

Name: L&G Multi-Strategy Enhanced Commodities UCITS ETF
Brand: L&G

The ENCO Exchange Traded Fund (ETF) is provided by L&G. It is built to track an index: Barclays Backwardation Tilt Multi-Strategy Capped Index. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). The dividend policy is capitalization.

Share class

Acc

USD

Last update Yesterday at 7:00 AM UTC

LIVE

CLOSED

This fund is part ofMulti Commodities1M perf.+2.39%

Last price

$18.37

1M perf.

+2.91%

1M flows

-€25M

AuM

€1.1B

E/R

0.3%

Rating

ESG Consensus®

ENCO

$18.37

Performance & flows

January 21, 2026 → April 21, 2026

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ENCO

$18.10

+15.56%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	+2.91%	+15.56%	+29.47%	+33.25%	N/A	+0.21%	+0.21%	+21.13%
Flows

Key fund info

Main characteristics

Issuer

L&G

ISIN

IE00BFXR6159

AuM

€1.1B

E/R

0.3%

Replication rating

ESG Consensus®

More details

NAV

4/21/2026

$18.10

1D NAV change

+0.70%

Dividend policy

Capitalization

Replication method

Indirect

Replication model

Unfunded swap

No. of holdings

N/A

Inception date

7/8/2021

Jurisdiction

Ireland

Distribution

Liechtenstein

Luxembourg

Netherlands

Norway

Spain

Legal structure

Open-end Investment Company

Base currency

USD

Classification

Product type

Passive ETF

Benchmark

Barclays Backwardation Tilt Multi-Strategy Capped Index

Asset class

Commodity

Factors

N/A

Share class info

USD capitalizing

Total AuM of fund

€2.31B

Decimalisation of shares

Investment strategy

L&G Multi Strategy Enhanced Commodities UCITS ETF is an open end exchange traded fund incorporated in Ireland. The ETF aims to track the performance of the Barclays Backwardation Tilt Multi-Strategy Capped Total Return Index.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+15.56%	+29.47%	+33.25%	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

PRIIPS

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The ENCO ETF provides synthetic exposure. It uses derivatives to replicate the index's performance, so we do not display its exposure breakdown.

To find out more about ENCO's exposure, please refer to the as provided by L&G.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:

1-year trailing difference

As of March 31, 2026

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ENCO

N/A

Replication quality

Calculated over 12m, as of March 31, 2026

Tracking error

Tracking difference

1-year cumulative return difference

Best

Worst

Daily return difference

Average

Worst

Replication information

Index

Index ticker

Index dividend policy

Replication method

Replication model

Issuer

L&G

L&G ID Card

Number of funds

Total AuM

€22.2B

Expense ratio range

0.05% - 0.8%

Average expense ratio

0.3324%

View all L&G funds

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ENCO	L&G Multi-Strategy Enhanced Commodities UCITS ETF	€1.1B

Frequently asked questions about ENCO

What does L&G Multi-Strategy Enhanced Commodities UCITS ETF, ENCO, invest in?

ENCO is a Passive ETF. This ETF provides exposure to multiple commodities.

Which benchmark or index does ENCO replicate?

ENCO tracks the Barclays Backwardation Tilt Multi-Strategy Capped Total Return Index - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of ENCO?

ENCO carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.

When was ENCO launched?

ENCO was introduced to the market on July 8, 2021. It trades on Liechtenstein, among other exchanges

Who is the ETF issuer of ENCO?

L&G Multi-Strategy Enhanced Commodities UCITS ETF, ENCO, is provided by L&G. Learn more about L&G here.

Does ENCO have multiple share classes?

Yes, ENCO is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of ENCO?

ENCO oversees €1.1B in assets as of April 21, 2026.

How has ENCO performed lately?

Based on data from April 21, 2026, ENCO returned 2.91% over the past month, 15.56% over the last three months and 21.13% year-to-date.

What are the latest inflows or outflows for ENCO?

As of April 21, 2026, ENCO recorded net flows of -€25M over the last month and +€103M year-to-date.

Does ENCO distribute dividends?

ENCO follows a capitalizing, meaning it reinvests income within the fund.

What is the base currency of ENCO?

The base currency of ENCO is USD.

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Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

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ENCO ETF · L&G Multi-Strategy Enhanced Commodities UCITS ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Essentials

Enterprise

Risk profile

Historical risk/return profile

Exposure

Sustainability

Replication

Issuer

Frequently asked questions about ENCO

What does L&G Multi-Strategy Enhanced Commodities UCITS ETF, ENCO, invest in?

ENCO is a Passive ETF. This ETF provides exposure to multiple commodities.

Which benchmark or index does ENCO replicate?

ENCO tracks the Barclays Backwardation Tilt Multi-Strategy Capped Total Return Index - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of ENCO?

ENCO carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.

When was ENCO launched?

ENCO was introduced to the market on July 8, 2021. It trades on Liechtenstein, among other exchanges

Who is the ETF issuer of ENCO?

L&G Multi-Strategy Enhanced Commodities UCITS ETF, ENCO, is provided by L&G. Learn more about L&G here.

Does ENCO have multiple share classes?

Yes, ENCO is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes here.

What is the current assets under management (AUM) of ENCO?

ENCO oversees €1.1B in assets as of April 21, 2026.

How has ENCO performed lately?

Based on data from April 21, 2026, ENCO returned 2.91% over the past month, 15.56% over the last three months and 21.13% year-to-date.

What are the latest inflows or outflows for ENCO?

As of April 21, 2026, ENCO recorded net flows of -€25M over the last month and +€103M year-to-date.

Does ENCO distribute dividends?

ENCO follows a capitalizing, meaning it reinvests income within the fund.

What is the base currency of ENCO?

The base currency of ENCO is USD.

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Yes, ENCO is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .