CACX.L vs. HG=F

Last updated Jun 9, 2026

CACX.L (Lyxor CAC 40 (DR) UCITS ETF - Dist) is Europe Equities fund tracking the Euronext Paris CAC 40 NR EUR, while HG=F (Copper) is an asset. At a correlation of -0.00, they often move in opposite directions.

Performance

CACX.L vs. HG=F - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and Copper (HG=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CACX.L is traded in GBp, while HG=F is traded in USD. To make them comparable, the HG=F values have been converted to GBp using the latest available exchange rates.

Returns By Period

CACX.L

• 1D: 0.06%
• 1M: 2.38%
• YTD: 2.38%
• 6M: 2.87%
• 1Y: 11.26%
• 3Y*: 7.92%
• 5Y*: 7.66%
• 10Y*: 11.41%

HG=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CACX.L vs. HG=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CACX.L Lyxor CAC 40 (DR) UCITS ETF - Dist	2.38%	19.60%	-4.39%	16.83%	2.94%
HG=F Copper	0.00%	0.00%	0.00%	0.00%	8.32%

Correlation

The correlation between CACX.L and HG=F is -0.00, 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 Jan 31, 2022	-0.00

Return for Risk

CACX.L vs. HG=F — Risk / Return Rank

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

CACX.L

CACX.L Risk / Return Rank: 24
CACX.L Sharpe Ratio Rank: 24
CACX.L Sortino Ratio Rank: 23
CACX.L Omega Ratio Rank: 24
CACX.L Calmar Ratio Rank: 23
CACX.L Martin Ratio Rank: 24

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.

CACX.L vs. HG=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and Copper (HG=F). 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.

	CACX.L	HG=F	Difference
Sharpe ratio: Return per unit of total volatility	0.77	—	—
Sortino ratio: Return per unit of downside risk	1.16	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.95	—	—
Martin ratio: Return relative to average drawdown	2.88	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CACX.L	HG=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	—	—

Drawdowns

Drawdown Indicators

	CACX.L	HG=F	Difference
Max Drawdown Largest peak-to-trough decline	-54.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.83%	—	—
Current Drawdown Current decline from peak	-3.75%	—	—
Average Drawdown Average peak-to-trough decline	-19.48%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	—	—

Volatility

Volatility by Period

	CACX.L	HG=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.67%	—	—

Frequently Asked Questions

Can I hold both CACX.L and HG=F in my portfolio?

CACX.L and HG=F have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.