FAIG.L vs. UC90.L

Last updated Jun 5, 2026

FAIG.L (WisdomTree Broad Commodities Longer Dated) and UC90.L (UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc) are both Commodities funds - FAIG.L tracks the Bloomberg Commodity 3 Month Forward while UC90.L tracks the UBS CMCI (GBP Hedged). Both are passively managed. Over the past 10 years, FAIG.L returned 7.41%/yr vs 6.79%/yr for UC90.L. A 0.80 correlation means they provide meaningful diversification when combined. FAIG.L charges 0.49%/yr vs 0.34%/yr for UC90.L.

Performance

FAIG.L vs. UC90.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Broad Commodities Longer Dated (FAIG.L) and UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FAIG.L is traded in USD, while UC90.L is traded in GBp. To make them comparable, the UC90.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FAIG.L achieves a 19.26% return, which is significantly lower than UC90.L's 21.10% return. Over the past 10 years, FAIG.L has outperformed UC90.L with an annualized return of 7.41%, while UC90.L has yielded a comparatively lower 6.79% annualized return.

FAIG.L

• 1D: -1.29%
• 1M: -2.47%
• YTD: 19.26%
• 6M: 19.79%
• 1Y: 31.52%
• 3Y*: 13.45%
• 5Y*: 10.77%
• 10Y*: 7.41%

UC90.L

• 1D: -1.25%
• 1M: -2.65%
• YTD: 21.10%
• 6M: 23.40%
• 1Y: 29.18%
• 3Y*: 15.81%
• 5Y*: 9.70%
• 10Y*: 6.79%

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

FAIG.L vs. UC90.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FAIG.L WisdomTree Broad Commodities Longer Dated	19.26%	15.92%	4.08%	-7.24%	16.01%	30.43%	2.04%	6.53%	-9.43%	3.07%
UC90.L UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc	21.10%	17.85%	2.78%	3.15%	2.58%	32.01%	1.77%	10.16%	-16.84%	15.43%

Correlation

The correlation between FAIG.L and UC90.L is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 11, 2015	0.80

The correlation between FAIG.L and UC90.L has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.

Return for Risk

FAIG.L vs. UC90.L — Risk / Return Rank

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

FAIG.L

FAIG.L Risk / Return Rank: 73
FAIG.L Sharpe Ratio Rank: 71
FAIG.L Sortino Ratio Rank: 64
FAIG.L Omega Ratio Rank: 71
FAIG.L Calmar Ratio Rank: 88
FAIG.L Martin Ratio Rank: 70

UC90.L

UC90.L Risk / Return Rank: 78
UC90.L Sharpe Ratio Rank: 76
UC90.L Sortino Ratio Rank: 72
UC90.L Omega Ratio Rank: 75
UC90.L Calmar Ratio Rank: 92
UC90.L Martin Ratio Rank: 75

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.

FAIG.L vs. UC90.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Broad Commodities Longer Dated (FAIG.L) and UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.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.

	FAIG.L	UC90.L	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.04	+0.24
Sortino ratio: Return per unit of downside risk	2.93	2.75	+0.17
Omega ratio: Gain probability vs. loss probability	1.41	1.36	+0.06
Calmar ratio: Return relative to maximum drawdown	4.98	5.01	-0.02
Martin ratio: Return relative to average drawdown	12.76	10.67	+2.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FAIG.L vs. UC90.L - Sharpe Ratio Comparison

The current FAIG.L Sharpe Ratio is 2.28, which is comparable to the UC90.L Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FAIG.L and UC90.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

	FAIG.L	UC90.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.04	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.52	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.36	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.24	-0.16

Drawdowns

FAIG.L vs. UC90.L - Drawdown Comparison

The maximum FAIG.L drawdown since its inception was -68.50%, which is greater than UC90.L's maximum drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for FAIG.L and UC90.L.

Drawdown Indicators

	FAIG.L	UC90.L	Difference
Max Drawdown Largest peak-to-trough decline	-68.50%	-56.43%	-12.07%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-5.80%	-0.50%
Max Drawdown (3Y) Largest decline over 3 years	-10.42%	-10.92%	+0.50%
Max Drawdown (5Y) Largest decline over 5 years	-24.76%	-33.67%	+8.91%
Max Drawdown (10Y) Largest decline over 10 years	-30.94%	-48.07%	+17.13%
Current Drawdown Current decline from peak	-14.57%	-5.37%	-9.20%
Average Drawdown Average peak-to-trough decline	-44.38%	-21.04%	-23.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.73%	-0.27%

Volatility

FAIG.L vs. UC90.L - Volatility Comparison

The current volatility for WisdomTree Broad Commodities Longer Dated (FAIG.L) is 4.70%, while UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.L) has a volatility of 5.73%. This indicates that FAIG.L experiences smaller price fluctuations and is considered to be less risky than UC90.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAIG.L	UC90.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	5.73%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	11.58%	11.78%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	14.22%	-0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	18.66%	-3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.53%	18.75%	-5.22%

FAIG.L vs. UC90.L - Expense Ratio Comparison

FAIG.L has a 0.49% expense ratio, which is higher than UC90.L's 0.34% expense ratio.

Dividends

FAIG.L vs. UC90.L - Dividend Comparison

Neither FAIG.L nor UC90.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FAIG.L and UC90.L in my portfolio?

FAIG.L and UC90.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FAIG.L or UC90.L?

On fees, UC90.L 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, FAIG.L or UC90.L?

UC90.L is cheaper with a 0.34% expense ratio, compared with 0.49% for FAIG.L.

What is the main difference between FAIG.L and UC90.L?

FAIG.L tracks Bloomberg Commodity 3 Month Forward, while UC90.L tracks UBS CMCI (GBP Hedged). They also come from different issuers: WisdomTree and UBS. Their fees differ too: 0.49% for FAIG.L and 0.34% for UC90.L.