EMEH.DE vs. BCFU.DE
EMEH.DE (BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR) and BCFU.DE (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc) are both Commodities funds - EMEH.DE tracks the BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged) while BCFU.DE tracks the UBS BCOM Constant Maturity. Both are passively managed. Over the past 5 years, EMEH.DE returned 11.35%/yr vs 13.04%/yr for BCFU.DE. A 0.69 correlation means they provide meaningful diversification when combined. EMEH.DE charges 0.39%/yr vs 0.34%/yr for BCFU.DE.
Performance
EMEH.DE vs. BCFU.DE - Performance Comparison
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Different Trading Currencies
EMEH.DE is traded in EUR, while BCFU.DE is traded in USD. To make them comparable, the BCFU.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EMEH.DE achieves a 21.33% return, which is significantly higher than BCFU.DE's 19.04% return.
EMEH.DE
- 1D
- -0.55%
- 1M
- 0.49%
- YTD
- 21.33%
- 6M
- 22.74%
- 1Y
- 43.19%
- 3Y*
- 16.63%
- 5Y*
- 11.35%
- 10Y*
- —
BCFU.DE
- 1D
- -1.32%
- 1M
- -1.37%
- YTD
- 19.04%
- 6M
- 20.49%
- 1Y
- 30.38%
- 3Y*
- 11.53%
- 5Y*
- 13.04%
- 10Y*
- —
EMEH.DE vs. BCFU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMEH.DE BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR | 21.33% | 25.40% | 6.63% | -12.26% | 11.15% | 27.11% | -4.42% | 7.62% | -90.10% | 4.93% |
BCFU.DE UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc | 19.06% | 5.83% | 11.25% | -8.45% | 23.71% | 43.40% | -7.83% | 9.25% | -3.00% | 0.64% |
Correlation
The correlation between EMEH.DE and BCFU.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2017 | 0.69 |
The correlation between EMEH.DE and BCFU.DE shifts across timeframes, from 0.69 (all time) to 0.82 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EMEH.DE vs. BCFU.DE — Risk / Return Rank
EMEH.DE
BCFU.DE
EMEH.DE vs. BCFU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (BCFU.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.
| EMEH.DE | BCFU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.95 | 4.30 | +0.65 |
| Martin ratioReturn relative to average drawdown | 14.34 | 9.99 | +4.34 |
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
| EMEH.DE | BCFU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 1.98 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.76 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | 0.62 | -1.10 |
Drawdowns
EMEH.DE vs. BCFU.DE - Drawdown Comparison
The maximum EMEH.DE drawdown since its inception was -92.42%, which is greater than BCFU.DE's maximum drawdown of -25.15%. Use the drawdown chart below to compare losses from any high point for EMEH.DE and BCFU.DE.
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Drawdown Indicators
| EMEH.DE | BCFU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.42% | -25.15% | -67.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -7.03% | -1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -12.28% | -13.93% | +1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -25.15% | -7.58% |
Current DrawdownCurrent decline from peak | -80.34% | -3.51% | -76.83% |
Average DrawdownAverage peak-to-trough decline | -81.38% | -11.04% | -70.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 3.03% | +0.05% |
Volatility
EMEH.DE vs. BCFU.DE - Volatility Comparison
The current volatility for BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) is 4.15%, while UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (BCFU.DE) has a volatility of 4.47%. This indicates that EMEH.DE experiences smaller price fluctuations and is considered to be less risky than BCFU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMEH.DE | BCFU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 4.47% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 15.95% | 12.82% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 15.29% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 16.95% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.16% | 15.33% | +18.83% |
EMEH.DE vs. BCFU.DE - Expense Ratio Comparison
EMEH.DE has a 0.39% expense ratio, which is higher than BCFU.DE's 0.34% expense ratio.
Dividends
EMEH.DE vs. BCFU.DE - Dividend Comparison
Neither EMEH.DE nor BCFU.DE has paid dividends to shareholders.
Frequently Asked Questions
EMEH.DE and BCFU.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BCFU.DE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BCFU.DE is cheaper with a 0.34% expense ratio, compared with 0.39% for EMEH.DE.
EMEH.DE tracks BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged), while BCFU.DE tracks UBS BCOM Constant Maturity. They also come from different issuers: BNP Paribas and UBS. Their fees differ too: 0.39% for EMEH.DE and 0.34% for BCFU.DE.
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