C099.DE vs. UIQ1.DE

Last updated Jun 5, 2026

C099.DE (Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc) and UIQ1.DE (UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc) are both Commodities funds - C099.DE tracks the Bloomberg Energy and Metals Equal-Weighted (EUR Hedged) while UIQ1.DE tracks the UBS CMCI Ex Agriculture Ex Livestock Capped (EUR Hedged). Both are passively managed. Over the past 3 years, C099.DE returned 21.14%/yr vs 15.74%/yr for UIQ1.DE. Their correlation of 0.92 suggests significant overlap in exposure. C099.DE charges 0.35%/yr vs 0.34%/yr for UIQ1.DE.

Performance

C099.DE vs. UIQ1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) and UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc (UIQ1.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, C099.DE achieves a 28.92% return, which is significantly higher than UIQ1.DE's 22.64% return.

C099.DE

• 1D: -0.50%
• 1M: -1.58%
• YTD: 28.92%
• 6M: 38.05%
• 1Y: 63.83%
• 3Y*: 21.14%
• 5Y*: —
• 10Y*: —

UIQ1.DE

• 1D: -1.00%
• 1M: 0.39%
• YTD: 22.64%
• 6M: 26.02%
• 1Y: 39.84%
• 3Y*: 15.74%
• 5Y*: 10.90%
• 10Y*: —

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

C099.DE vs. UIQ1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
C099.DE Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc	28.92%	29.62%	4.85%	-8.37%
UIQ1.DE UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc	22.64%	17.35%	4.90%	-6.53%

Correlation

The correlation between C099.DE and UIQ1.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023	0.92

The correlation between C099.DE and UIQ1.DE has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

C099.DE vs. UIQ1.DE — Risk / Return Rank

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

C099.DE

C099.DE Risk / Return Rank: 85
C099.DE Sharpe Ratio Rank: 89
C099.DE Sortino Ratio Rank: 79
C099.DE Omega Ratio Rank: 84
C099.DE Calmar Ratio Rank: 88
C099.DE Martin Ratio Rank: 86

UIQ1.DE

UIQ1.DE Risk / Return Rank: 83
UIQ1.DE Sharpe Ratio Rank: 82
UIQ1.DE Sortino Ratio Rank: 77
UIQ1.DE Omega Ratio Rank: 80
UIQ1.DE Calmar Ratio Rank: 92
UIQ1.DE Martin Ratio Rank: 84

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.

C099.DE vs. UIQ1.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) and UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc (UIQ1.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.

	C099.DE	UIQ1.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.92	2.64	+0.28
Sortino ratio: Return per unit of downside risk	3.47	3.40	+0.06
Omega ratio: Gain probability vs. loss probability	1.50	1.47	+0.03
Calmar ratio: Return relative to maximum drawdown	5.06	5.99	-0.93
Martin ratio: Return relative to average drawdown	17.91	16.75	+1.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

C099.DE vs. UIQ1.DE - Sharpe Ratio Comparison

The current C099.DE Sharpe Ratio is 2.92, which is comparable to the UIQ1.DE Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of C099.DE and UIQ1.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	C099.DE	UIQ1.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	2.64	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.51	+0.34

Drawdowns

C099.DE vs. UIQ1.DE - Drawdown Comparison

The maximum C099.DE drawdown since its inception was -15.35%, smaller than the maximum UIQ1.DE drawdown of -39.99%. Use the drawdown chart below to compare losses from any high point for C099.DE and UIQ1.DE.

Drawdown Indicators

	C099.DE	UIQ1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-15.35%	-39.99%	+24.64%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-6.62%	-5.93%
Max Drawdown (3Y) Largest decline over 3 years	-15.35%	-13.55%	-1.80%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.51%	—
Current Drawdown Current decline from peak	-4.74%	-2.05%	-2.69%
Average Drawdown Average peak-to-trough decline	-6.21%	-15.09%	+8.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.37%	+1.18%

Volatility

C099.DE vs. UIQ1.DE - Volatility Comparison

Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) has a higher volatility of 5.09% compared to UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc (UIQ1.DE) at 3.79%. This indicates that C099.DE's price experiences larger fluctuations and is considered to be riskier than UIQ1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C099.DE	UIQ1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.79%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	19.66%	12.91%	+6.75%
Volatility (1Y) Calculated over the trailing 1-year period	21.77%	15.03%	+6.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	18.19%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	17.45%	+0.45%

C099.DE vs. UIQ1.DE - Expense Ratio Comparison

C099.DE has a 0.35% expense ratio, which is higher than UIQ1.DE's 0.34% expense ratio.

Dividends

C099.DE vs. UIQ1.DE - Dividend Comparison

Neither C099.DE nor UIQ1.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both C099.DE and UIQ1.DE in my portfolio?

With a correlation of 0.90, C099.DE and UIQ1.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, C099.DE or UIQ1.DE?

On fees, UIQ1.DE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, C099.DE or UIQ1.DE?

UIQ1.DE is cheaper with a 0.34% expense ratio, compared with 0.35% for C099.DE.

What is the main difference between C099.DE and UIQ1.DE?

C099.DE tracks Bloomberg Energy and Metals Equal-Weighted (EUR Hedged), while UIQ1.DE tracks UBS CMCI Ex Agriculture Ex Livestock Capped (EUR Hedged). They also come from different issuers: Amundi and UBS. Their fees differ too: 0.35% for C099.DE and 0.34% for UIQ1.DE.