London Stock Exchange ETF segment · UCITS ETF
Invest in WCOG ETF from India
Indian and foreign residents can buy WisdomTree Enhanced Commodity UCITS ETF (WCOG) units directly through Paasa.
By Paasa · Updated
WCOG at a glance
- Price
- £14.74-£0.15 (0.97%)
- Expense ratio
- 0.23%
- Day range
- £14.67 – £14.89
- Assets
- £1.8B
- Domicile
- Ireland
- Holdings
- 24
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- +4.10%
- 6 months
- +9.67%
- YTD
- +33.88%
- 1 year
- +40.25%
- 5 years
- +55.59%
Price change, excluding dividends.
Top 10 holdings
- 1Unnamed Position98.2%
- 2LAM RESEARCH CORP8.5%
- 3Apple Inc7.8%
- 4Qualcomm Inc5.9%
- 5Wells Fargo & Co5.2%
- 6Waste Management Inc4.9%
- 7KLA Corp4.8%
- 8Parker Hannifin Corp4.0%
- 9Analog Devices Inc3.8%
- 10Microsoft Corp3.6%
WCOG holds 24 securities in total. These 10 are 146.7% of the fund.
Where the money is invested
Sectors
- Financial Services15.4%
- Industrials12.4%
- Technology11.9%
- Energy8.0%
- Consumer Cyclical4.2%
- Basic Materials2.5%
Countries
- United States50.5%
- Other49.3%
- United Kingdom0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GCCAMEXWisdomTree Enhanced Commodity Strategy Fund | 0.55% | 332.7M |
| WCOALSEWisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.23% | 2.4B |
| WCOMLSEWisdomTree Enhanced Commodity UCITS ETF - GBP Hedged Acc | 0.23% | 2.4B |
| WTEHXETRAWisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc | 0.23% | 2.4B |
| COMSSIXWisdomTree Enhanced Commodity UCITS ETF - CHF Hedged Acc | 0.23% | 2.4B |
Assets are shown in each fund's own reporting currency.
How to invest in WCOG from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search WCOG and buy
Find the fund by its ticker, WCOG, on the London Stock Exchange ETF segment, and place your order.
Why invest in WCOG from India
What WCOG holds
The WisdomTree Enhanced Commodity UCITS ETF is designed to mirror the investment returns of the WisdomTree Enhanced Commodity Total Return Index, prior to accounting for any associated fees or expenses. This underlying Index offers extensive and diversified exposure to commodity futures, employing a sophisticated multi-factor strategy specifically engineered to optimize roll yield.
Outside US estate tax
WCOG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why WCOG's UCITS structure matters for Indian investors
WCOG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy WCOG from India?
Yes. Indian residents can buy WisdomTree Enhanced Commodity UCITS ETF (WCOG) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does WCOG invest in?
WisdomTree Enhanced Commodity UCITS ETF holds 24 securities. Its largest holdings are Unnamed Position (98.2%), LAM RESEARCH CORP (8.5%) and Apple Inc (7.8%). Financial Services is its largest sector at 15.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of WCOG?
WisdomTree Enhanced Commodity UCITS ETF has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.8B.
Is WCOG a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Enhanced Commodity UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are WCOG dividends taxed in India?
WisdomTree Enhanced Commodity UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell WCOG?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.