L&G Longer Dated All Commodities UCITS ETF (ETL2.DE)
ETL2.DE is a passive ETF by Legal & General tracking the investment results of the Bloomberg Commodity 3 Month Forward. ETL2.DE launched on Mar 15, 2010 and has a 0.30% expense ratio.
ETF Info
| ISIN | IE00B4WPHX27 |
|---|---|
| WKN | A1CXBU |
| Issuer | Legal & General |
| Inception Date | Mar 15, 2010 |
| Category | Commodities |
| Index Tracked | Bloomberg Commodity 3 Month Forward |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Commodity |
Expense Ratio
ETL2.DE has a high expense ratio of 0.30%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of €10,000 in L&G Longer Dated All Commodities UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
L&G Longer Dated All Commodities UCITS ETF had a return of 9.10% year-to-date (YTD) and 7.56% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.10% | 10.00% |
| 1 month | -1.29% | 2.41% |
| 6 months | 4.16% | 16.70% |
| 1 year | 7.56% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of ETL2.DE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.35% | -0.76% | 3.98% | 4.34% | 9.10% | ||||||||
| 2023 | -1.27% | -1.90% | -2.38% | -2.60% | -1.64% | 0.32% | 4.61% | 1.14% | 1.68% | 0.33% | -5.11% | -2.70% | -9.44% |
| 2022 | 7.56% | 5.92% | 11.59% | 9.16% | 1.12% | -8.61% | 6.00% | 1.28% | -3.99% | -0.68% | -0.20% | -4.50% | 25.14% |
| 2021 | 4.99% | 6.23% | 0.41% | 5.24% | 2.82% | 3.24% | 4.02% | 0.47% | 6.64% | 2.83% | -2.56% | 4.39% | 45.83% |
| 2020 | 0.61% | 0.38% | 2.45% | 1.50% | 4.43% | -1.17% | 1.36% | 2.15% | 1.51% | 13.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ETL2.DE is 32, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
ETL2.DE (L&G Longer Dated All Commodities UCITS ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the L&G Longer Dated All Commodities UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the L&G Longer Dated All Commodities UCITS ETF was 23.27%, occurring on Jan 8, 2024. The portfolio has not yet recovered.
The current L&G Longer Dated All Commodities UCITS ETF drawdown is 15.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.27% | Jun 9, 2022 | 406 | Jan 8, 2024 | — | — | — |
| -9.5% | Mar 9, 2022 | 6 | Mar 16, 2022 | 19 | Apr 12, 2022 | 25 |
| -7.46% | Nov 25, 2021 | 6 | Dec 2, 2021 | 31 | Jan 18, 2022 | 37 |
| -5.42% | May 6, 2022 | 3 | May 10, 2022 | 19 | Jun 6, 2022 | 22 |
| -4.46% | Feb 25, 2022 | 1 | Feb 25, 2022 | 2 | Mar 1, 2022 | 3 |
Volatility
Volatility Chart
The current L&G Longer Dated All Commodities UCITS ETF volatility is 2.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.