EUFM.L vs. UD07.L

Last updated Jun 5, 2026

EUFM.L (UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc) and UD07.L (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc) are both exchange-traded funds - EUFM.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while UD07.L is a Commodities fund tracking the UBS BCOM Constant Maturity. Both are passively managed. Over the past 5 years, EUFM.L returned 9.69%/yr vs 13.21%/yr for UD07.L. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.34% expense ratio.

Performance

EUFM.L vs. UD07.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (UD07.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUFM.L achieves a 6.74% return, which is significantly lower than UD07.L's 19.95% return.

EUFM.L

• 1D: 0.21%
• 1M: 2.81%
• YTD: 6.74%
• 6M: 8.89%
• 1Y: 16.80%
• 3Y*: 15.42%
• 5Y*: 9.69%
• 10Y*: —

UD07.L

• 1D: -1.21%
• 1M: -1.41%
• YTD: 19.95%
• 6M: 19.54%
• 1Y: 33.96%
• 3Y*: 11.52%
• 5Y*: 13.21%
• 10Y*: —

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

EUFM.L vs. UD07.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EUFM.L UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc	6.74%	29.59%	3.25%	15.45%	-7.82%	13.50%	5.84%	19.11%	-12.29%
UD07.L UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc	19.95%	9.88%	6.26%	-10.97%	32.08%	31.93%	-1.26%	2.82%	-4.11%

Correlation

The correlation between EUFM.L and UD07.L is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Jul 10, 2018	0.16

The correlation between EUFM.L and UD07.L shifts across timeframes, from -0.23 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

EUFM.L vs. UD07.L - Sectors Allocation Comparison

Sectors	EUFM.L	UD07.L
Financial Services	26.7%	6.2%
Industrials	23.5%	7.2%
Utilities	9.5%	2.2%
Technology	8.5%	16.1%
Consumer Defensive	6.7%	1.9%
Consumer Cyclical	6.6%	5.2%
Basic Materials	4.8%	0.7%
Healthcare	4.3%	3.1%
Communication Services	4.2%	55.9%
Energy	3.7%	1.4%
Real Estate	1.6%	0.1%

Return for Risk

EUFM.L vs. UD07.L — Risk / Return Rank

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

EUFM.L

EUFM.L Risk / Return Rank: 37
EUFM.L Sharpe Ratio Rank: 39
EUFM.L Sortino Ratio Rank: 37
EUFM.L Omega Ratio Rank: 41
EUFM.L Calmar Ratio Rank: 33
EUFM.L Martin Ratio Rank: 37

UD07.L

UD07.L Risk / Return Rank: 72
UD07.L Sharpe Ratio Rank: 70
UD07.L Sortino Ratio Rank: 62
UD07.L Omega Ratio Rank: 69
UD07.L Calmar Ratio Rank: 89
UD07.L Martin Ratio Rank: 72

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.

EUFM.L vs. UD07.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (UD07.L). 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.

	EUFM.L	UD07.L	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.27	-0.91
Sortino ratio: Return per unit of downside risk	1.90	2.87	-0.97
Omega ratio: Gain probability vs. loss probability	1.26	1.40	-0.14
Calmar ratio: Return relative to maximum drawdown	1.58	5.19	-3.61
Martin ratio: Return relative to average drawdown	5.69	13.25	-7.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUFM.L vs. UD07.L - Sharpe Ratio Comparison

The current EUFM.L Sharpe Ratio is 1.36, which is lower than the UD07.L Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of EUFM.L and UD07.L, 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

	EUFM.L	UD07.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.27	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.46	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.41	+0.12

Drawdowns

EUFM.L vs. UD07.L - Drawdown Comparison

The maximum EUFM.L drawdown since its inception was -30.14%, smaller than the maximum UD07.L drawdown of -39.71%. Use the drawdown chart below to compare losses from any high point for EUFM.L and UD07.L.

Drawdown Indicators

	EUFM.L	UD07.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.14%	-39.71%	+9.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	-6.51%	-4.08%
Max Drawdown (3Y) Largest decline over 3 years	-11.90%	-12.61%	+0.71%
Max Drawdown (5Y) Largest decline over 5 years	-20.86%	-39.71%	+18.85%
Current Drawdown Current decline from peak	-1.07%	-12.41%	+11.34%
Average Drawdown Average peak-to-trough decline	-5.19%	-18.80%	+13.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.56%	+0.39%

Volatility

EUFM.L vs. UD07.L - Volatility Comparison

The current volatility for UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L) is 4.00%, while UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (UD07.L) has a volatility of 5.12%. This indicates that EUFM.L experiences smaller price fluctuations and is considered to be less risky than UD07.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUFM.L	UD07.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	5.12%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	12.57%	-2.24%
Volatility (1Y) Calculated over the trailing 1-year period	12.33%	14.93%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.53%	28.79%	-14.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	23.77%	-7.64%

EUFM.L vs. UD07.L - Expense Ratio Comparison

Both EUFM.L and UD07.L have an expense ratio of 0.34%.

Dividends

EUFM.L vs. UD07.L - Dividend Comparison

Neither EUFM.L nor UD07.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EUFM.L and UD07.L in my portfolio?

EUFM.L and UD07.L have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUFM.L or UD07.L?

Both ETFs have the same 0.34% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUFM.L or UD07.L?

EUFM.L and UD07.L have the same expense ratio: 0.34% per year.

What is the main difference between EUFM.L and UD07.L?

EUFM.L is categorized as Europe Equities, while UD07.L is Commodities. EUFM.L tracks MSCI EMU NR EUR, while UD07.L tracks UBS BCOM Constant Maturity.