LYTR.DE vs. EN4C.DE
LYTR.DE (Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc) and EN4C.DE (L&G Multi-Strategy Enhanced Commodities UCITS ETF) are both Commodities funds - LYTR.DE tracks the Bloomberg Energy and Metals Equal-Weighted while EN4C.DE tracks the Barclays Backwardation Tilt Multi-Strategy Capped. Both are passively managed. Over the past 3 years, LYTR.DE returned 20.31%/yr vs 9.70%/yr for EN4C.DE. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.
Performance
LYTR.DE vs. EN4C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYTR.DE achieves a 31.68% return, which is significantly higher than EN4C.DE's 24.44% return.
LYTR.DE
- 1D
- -0.51%
- 1M
- 1.45%
- YTD
- 31.68%
- 6M
- 37.89%
- 1Y
- 63.68%
- 3Y*
- 20.31%
- 5Y*
- 17.81%
- 10Y*
- 9.05%
EN4C.DE
- 1D
- -1.57%
- 1M
- 0.45%
- YTD
- 24.44%
- 6M
- 23.08%
- 1Y
- 29.56%
- 3Y*
- 9.70%
- 5Y*
- —
- 10Y*
- —
LYTR.DE vs. EN4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LYTR.DE Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc | 31.68% | 17.61% | 13.31% | -15.11% | 27.05% | 8.56% |
EN4C.DE L&G Multi-Strategy Enhanced Commodities UCITS ETF | 24.44% | -3.13% | 9.93% | -5.63% | 29.83% | 10.18% |
Correlation
The correlation between LYTR.DE and EN4C.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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.82 |
The correlation between LYTR.DE and EN4C.DE has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
LYTR.DE vs. EN4C.DE — Risk / Return Rank
LYTR.DE
EN4C.DE
LYTR.DE vs. EN4C.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 Acc (LYTR.DE) and L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.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.
| LYTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.29 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 5.47 | 3.44 | +2.03 |
| Martin ratioReturn relative to average drawdown | 16.93 | 8.36 | +8.57 |
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
| LYTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 1.69 | +1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.72 | -0.60 |
Drawdowns
LYTR.DE vs. EN4C.DE - Drawdown Comparison
The maximum LYTR.DE drawdown since its inception was -67.69%, which is greater than EN4C.DE's maximum drawdown of -25.41%. Use the drawdown chart below to compare losses from any high point for LYTR.DE and EN4C.DE.
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Drawdown Indicators
| LYTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -25.41% | -42.28% |
Max Drawdown (1Y)Largest decline over 1 year | -11.84% | -8.81% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -17.04% | -17.63% | +0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -30.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.60% | — | — |
Current DrawdownCurrent decline from peak | -3.72% | -4.02% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -31.29% | -13.89% | -17.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 3.64% | +0.19% |
Volatility
LYTR.DE vs. EN4C.DE - Volatility Comparison
The current volatility for Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc (LYTR.DE) is 5.20%, while L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.DE) has a volatility of 5.98%. This indicates that LYTR.DE experiences smaller price fluctuations and is considered to be less risky than EN4C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 5.98% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 20.33% | 14.54% | +5.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.94% | 17.98% | +4.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 18.11% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 18.11% | +0.09% |
LYTR.DE vs. EN4C.DE - Expense Ratio Comparison
Both LYTR.DE and EN4C.DE have an expense ratio of 0.30%.
Dividends
LYTR.DE vs. EN4C.DE - Dividend Comparison
Neither LYTR.DE nor EN4C.DE has paid dividends to shareholders.
Frequently Asked Questions
LYTR.DE and EN4C.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.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
LYTR.DE and EN4C.DE have the same expense ratio: 0.30% per year.
LYTR.DE tracks Bloomberg Energy and Metals Equal-Weighted, while EN4C.DE tracks Barclays Backwardation Tilt Multi-Strategy Capped. They also come from different issuers: Amundi and Legal & General.
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