BCFS.DE vs. BCFE.DE

Last updated Jun 4, 2026

BCFS.DE (UBS US Equity Defensive Put Write SF UCITS ETF hEUR Acc) and BCFE.DE (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - BCFS.DE is a Options Trading fund tracking the US Equity Defensive Put Write (EUR Hedged) Index, while BCFE.DE is a Commodities fund tracking the UBS BCOM Constant Maturity (EUR Hedged). Both are passively managed. At a 0.02 correlation, their price movements are largely independent. BCFS.DE charges 0.24%/yr vs 0.34%/yr for BCFE.DE.

Performance

BCFS.DE vs. BCFE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS US Equity Defensive Put Write SF UCITS ETF hEUR Acc (BCFS.DE) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCFS.DE achieves a 4.05% return, which is significantly lower than BCFE.DE's 18.47% return.

BCFS.DE

• 1D: 0.00%
• 1M: 0.91%
• YTD: 4.05%
• 6M: 4.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCFE.DE

• 1D: 0.10%
• 1M: -1.52%
• YTD: 18.47%
• 6M: 20.34%
• 1Y: 31.30%
• 3Y*: 13.07%
• 5Y*: 10.00%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCFS.DE vs. BCFE.DE - Yearly Performance Comparison

	2026 (YTD)	2025
BCFS.DE UBS US Equity Defensive Put Write SF UCITS ETF hEUR Acc	4.05%	4.64%
BCFE.DE UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc	18.47%	11.89%

Correlation

The correlation between BCFS.DE and BCFE.DE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.02

Return for Risk

BCFS.DE vs. BCFE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCFE.DE

BCFE.DE Risk / Return Rank: 72
BCFE.DE Sharpe Ratio Rank: 69
BCFE.DE Sortino Ratio Rank: 63
BCFE.DE Omega Ratio Rank: 71
BCFE.DE Calmar Ratio Rank: 88
BCFE.DE Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCFS.DE vs. BCFE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS US Equity Defensive Put Write SF UCITS ETF hEUR Acc (BCFS.DE) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCFS.DE	BCFE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.96	0.50	+2.46

Drawdowns

BCFS.DE vs. BCFE.DE - Drawdown Comparison

The maximum BCFS.DE drawdown since its inception was -2.21%, smaller than the maximum BCFE.DE drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for BCFS.DE and BCFE.DE.

Drawdown Indicators

	BCFS.DE	BCFE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.21%	-32.93%	+30.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.28%	—
Current Drawdown Current decline from peak	-0.18%	-3.28%	+3.10%
Average Drawdown Average peak-to-trough decline	-0.17%	-13.69%	+13.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.48%	—

Volatility

Volatility by Period

	BCFS.DE	BCFE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.66%	13.83%	-10.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.66%	17.52%	-13.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.66%	15.30%	-11.64%

BCFS.DE vs. BCFE.DE - Expense Ratio Comparison

BCFS.DE has a 0.24% expense ratio, which is lower than BCFE.DE's 0.34% expense ratio.

Dividends

BCFS.DE vs. BCFE.DE - Dividend Comparison

Neither BCFS.DE nor BCFE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BCFS.DE and BCFE.DE in my portfolio?

BCFS.DE and BCFE.DE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCFS.DE or BCFE.DE?

On fees, BCFS.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCFS.DE or BCFE.DE?

BCFS.DE is cheaper with a 0.24% expense ratio, compared with 0.34% for BCFE.DE.

What is the main difference between BCFS.DE and BCFE.DE?

BCFS.DE is categorized as Options Trading, while BCFE.DE is Commodities. BCFS.DE tracks US Equity Defensive Put Write (EUR Hedged) Index, while BCFE.DE tracks UBS BCOM Constant Maturity (EUR Hedged). Their fees differ too: 0.24% for BCFS.DE and 0.34% for BCFE.DE.