iShares Bloomberg Enhanced Roll Yield Commodity Swap UCITS ETF GBP is a commodities ETF from iShares tracking the Bloomberg Enhanced Roll Yield Commodity index through synthetic replication. Domiciled in Ireland and launched in 2018, the fund manages about 1.5 bn € and charges a TER of 0.28% — 28 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
iShares Bloomberg Enhanced Roll Yield Commodity Swap UCITS ETF GBP competes with 72 other products in the same class and region (Commodities, Global): it ranks 14th by fund size and 27th by ongoing cost, with a TER of 0.28% against a group median of 0.30%. It has been listed since 2018, 8 years of track record.
On a €10,000 investment the TER costs 28 € a year, against 30 € for the median product in the category.
Replication is synthetic: a swap counterparty undertakes to deliver the index return. This usually tightens tracking, and introduces counterparty risk, which UCITS rules limit through collateral.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in GBP. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| United States Treasury Bills 0% | 15.9% |
| Trswap: Bcomrst Index | 0.7% |
| London Stock Exchange | ROLL | USD |
| London Stock Exchange | ROLG | GBP |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.