BCFE.DE vs. AW11.DE
BCFE.DE (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc) and AW11.DE (UBS ETF (IE) UBS Climate Aware Global Developed Equity CTB UCITS ETF (USD) Acc) are both exchange-traded funds - BCFE.DE is a Commodities fund tracking the UBS BCOM Constant Maturity (EUR Hedged), while AW11.DE is a Global Equities fund tracking the Solactive UBS Climate Aware Global Developed Equity CTB. Both are passively managed. Over the past 5 years, BCFE.DE returned 9.76%/yr vs 11.56%/yr for AW11.DE. At a 0.12 correlation, their price movements are largely independent. BCFE.DE charges 0.34%/yr vs 0.19%/yr for AW11.DE.
Performance
BCFE.DE vs. AW11.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BCFE.DE achieves a 17.15% return, which is significantly higher than AW11.DE's 9.77% return.
BCFE.DE
- 1D
- -1.12%
- 1M
- -2.28%
- YTD
- 17.15%
- 6M
- 19.15%
- 1Y
- 29.80%
- 3Y*
- 12.43%
- 5Y*
- 9.76%
- 10Y*
- —
AW11.DE
- 1D
- 0.07%
- 1M
- 5.23%
- YTD
- 9.77%
- 6M
- 9.99%
- 1Y
- 24.49%
- 3Y*
- 15.28%
- 5Y*
- 11.56%
- 10Y*
- —
BCFE.DE vs. AW11.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BCFE.DE UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc | 17.15% | 16.62% | 3.14% | -7.92% | 14.03% | 18.86% |
AW11.DE UBS ETF (IE) UBS Climate Aware Global Developed Equity CTB UCITS ETF (USD) Acc | 9.77% | 7.84% | 22.18% | 18.68% | -14.25% | 24.39% |
Correlation
The correlation between BCFE.DE and AW11.DE is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2021 | 0.12 |
The correlation between BCFE.DE and AW11.DE shifts across timeframes, from -0.15 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BCFE.DE vs. AW11.DE — Risk / Return Rank
BCFE.DE
AW11.DE
BCFE.DE vs. AW11.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) and UBS ETF (IE) UBS Climate Aware Global Developed Equity CTB UCITS ETF (USD) Acc (AW11.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BCFE.DE | AW11.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.44 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 3.39 | +1.44 |
| Martin ratioReturn relative to average drawdown | 11.89 | 13.65 | -1.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BCFE.DE | AW11.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.34 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.85 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.91 | -0.42 |
Drawdowns
BCFE.DE vs. AW11.DE - Drawdown Comparison
The maximum BCFE.DE drawdown since its inception was -32.93%, which is greater than AW11.DE's maximum drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for BCFE.DE and AW11.DE.
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Drawdown Indicators
| BCFE.DE | AW11.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.93% | -20.84% | -12.09% |
Max Drawdown (1Y)Largest decline over 1 year | -6.14% | -7.19% | +1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -11.00% | -20.84% | +9.84% |
Max Drawdown (5Y)Largest decline over 5 years | -27.28% | -20.84% | -6.44% |
Current DrawdownCurrent decline from peak | -4.36% | -0.15% | -4.21% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -4.45% | -9.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 1.79% | +0.71% |
Volatility
BCFE.DE vs. AW11.DE - Volatility Comparison
UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) has a higher volatility of 4.33% compared to UBS ETF (IE) UBS Climate Aware Global Developed Equity CTB UCITS ETF (USD) Acc (AW11.DE) at 2.49%. This indicates that BCFE.DE's price experiences larger fluctuations and is considered to be riskier than AW11.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BCFE.DE | AW11.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.49% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 12.10% | 7.36% | +4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.88% | 10.41% | +3.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.51% | 13.44% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.30% | 13.33% | +1.97% |
BCFE.DE vs. AW11.DE - Expense Ratio Comparison
BCFE.DE has a 0.34% expense ratio, which is higher than AW11.DE's 0.19% expense ratio.
Dividends
BCFE.DE vs. AW11.DE - Dividend Comparison
Neither BCFE.DE nor AW11.DE has paid dividends to shareholders.
Frequently Asked Questions
BCFE.DE and AW11.DE have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW11.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW11.DE is cheaper with a 0.19% expense ratio, compared with 0.34% for BCFE.DE.
BCFE.DE is categorized as Commodities, while AW11.DE is Global Equities. BCFE.DE tracks UBS BCOM Constant Maturity (EUR Hedged), while AW11.DE tracks Solactive UBS Climate Aware Global Developed Equity CTB. Their fees differ too: 0.34% for BCFE.DE and 0.19% for AW11.DE.
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