C099.DE vs. UIQK.DE

Last updated Jun 5, 2026

C099.DE (Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc) and UIQK.DE (UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc) are both Commodities funds - C099.DE tracks the Bloomberg Energy and Metals Equal-Weighted (EUR Hedged) while UIQK.DE tracks the UBS CMCI. Both are passively managed. Over the past 3 years, C099.DE returned 21.14%/yr vs 10.29%/yr for UIQK.DE. A 0.66 correlation means they provide meaningful diversification when combined. C099.DE charges 0.35%/yr vs 0.34%/yr for UIQK.DE.

Performance

C099.DE vs. UIQK.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 Composite SF UCITS ETF (USD) A-acc (UIQK.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 UIQK.DE's 22.10% return.

C099.DE

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

UIQK.DE

• 1D: -1.26%
• 1M: -0.77%
• YTD: 22.10%
• 6M: 23.08%
• 1Y: 28.80%
• 3Y*: 10.29%
• 5Y*: 12.61%
• 10Y*: 8.63%

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

C099.DE vs. UIQK.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%
UIQK.DE UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc	22.10%	-1.67%	10.72%	-4.99%

Correlation

The correlation between C099.DE and UIQK.DE is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023	0.66

The correlation between C099.DE and UIQK.DE has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.

Return for Risk

C099.DE vs. UIQK.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

UIQK.DE

UIQK.DE Risk / Return Rank: 36
UIQK.DE Sharpe Ratio Rank: 32
UIQK.DE Sortino Ratio Rank: 31
UIQK.DE Omega Ratio Rank: 51
UIQK.DE Calmar Ratio Rank: 37
UIQK.DE Martin Ratio Rank: 27

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. UIQK.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 Composite SF UCITS ETF (USD) A-acc (UIQK.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	UIQK.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.92	1.11	+1.80
Sortino ratio: Return per unit of downside risk	3.47	1.65	+1.82
Omega ratio: Gain probability vs. loss probability	1.50	1.31	+0.19
Calmar ratio: Return relative to maximum drawdown	5.06	1.81	+3.25
Martin ratio: Return relative to average drawdown	17.91	3.75	+14.16
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. UIQK.DE - Sharpe Ratio Comparison

The current C099.DE Sharpe Ratio is 2.92, which is higher than the UIQK.DE Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of C099.DE and UIQK.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	UIQK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	1.11	+1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.28	+0.58

Drawdowns

C099.DE vs. UIQK.DE - Drawdown Comparison

The maximum C099.DE drawdown since its inception was -15.35%, smaller than the maximum UIQK.DE drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for C099.DE and UIQK.DE.

Drawdown Indicators

	C099.DE	UIQK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-15.35%	-40.58%	+25.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-15.84%	+3.29%
Max Drawdown (3Y) Largest decline over 3 years	-15.35%	-15.84%	+0.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.72%	—
Current Drawdown Current decline from peak	-4.74%	-3.23%	-1.51%
Average Drawdown Average peak-to-trough decline	-6.21%	-14.71%	+8.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	7.66%	-4.11%

Volatility

C099.DE vs. UIQK.DE - Volatility Comparison

Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) and UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE) have volatilities of 5.09% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C099.DE	UIQK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	5.01%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	19.66%	12.05%	+7.61%
Volatility (1Y) Calculated over the trailing 1-year period	21.77%	25.76%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	17.74%	+0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	15.90%	+2.00%

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

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

Dividends

C099.DE vs. UIQK.DE - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

C099.DE and UIQK.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, UIQK.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 UIQK.DE?

UIQK.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 UIQK.DE?

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