REMX.L vs. UD07.L

Last updated Jul 16, 2026

REMX.L (VanEck Rare Earth and Strategic Metals UCITS ETF) and UD07.L (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc) are both Commodities funds - REMX.L tracks the VanEck Rare Earth and Strategic Metals UCITS ETF while UD07.L tracks the UBS BCOM Constant Maturity. Both are passively managed. Over the past 3 years, REMX.L returned -3.25%/yr vs 11.76%/yr for UD07.L. At a 0.27 correlation, their price movements are largely independent. REMX.L charges 0.59%/yr vs 0.34%/yr for UD07.L.

Performance

REMX.L vs. UD07.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Rare Earth and Strategic Metals UCITS ETF (REMX.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.

Different Trading Currencies

REMX.L is traded in USD, while UD07.L is traded in GBp. To make them comparable, the UD07.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, REMX.L achieves a 2.13% return, which is significantly lower than UD07.L's 15.43% return.

REMX.L

• 1D: -1.68%
• 1M: -23.14%
• 6M: -17.06%
• YTD: 2.13%
• 1Y: 60.74%
• 3Y*: -3.25%
• 5Y*: —
• 10Y*: —

UD07.L

• 1D: 1.03%
• 1M: 0.10%
• 6M: 10.81%
• YTD: 15.43%
• 1Y: 25.49%
• 3Y*: 11.76%
• 5Y*: 11.04%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
REMX.L VanEck Rare Earth and Strategic Metals UCITS ETF	2.13%	88.79%	-35.65%	-18.38%	-30.93%	7.28%
UD07.L UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc	15.43%	18.17%	4.49%	-6.28%	17.96%	3.96%

Correlation

The correlation between REMX.L and UD07.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.27

The correlation between REMX.L and UD07.L shifts across timeframes, from 0.16 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

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

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

REMX.L

REMX.L Risk / Return Rank: 43
REMX.L Sharpe Ratio Rank: 45
REMX.L Sortino Ratio Rank: 44
REMX.L Omega Ratio Rank: 38
REMX.L Calmar Ratio Rank: 46
REMX.L Martin Ratio Rank: 43

UD07.L

UD07.L Risk / Return Rank: 64
UD07.L Sharpe Ratio Rank: 68
UD07.L Sortino Ratio Rank: 62
UD07.L Omega Ratio Rank: 65
UD07.L Calmar Ratio Rank: 65
UD07.L Martin Ratio Rank: 59

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.

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

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF (REMX.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REMX.L	UD07.L	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.68	-0.38
Sortino ratio: Return per unit of downside risk	1.88	2.26	-0.39
Omega ratio: Gain probability vs. loss probability	1.22	1.29	-0.07
Calmar ratio: Return relative to maximum drawdown	1.93	2.13	-0.21
Martin ratio: Return relative to average drawdown	5.64	6.99	-1.35

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

The current REMX.L Sharpe Ratio is 1.30, which is comparable to the UD07.L Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of REMX.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.

Drawdowns

REMX.L vs. UD07.L - Drawdown Comparison

The maximum REMX.L drawdown since its inception was -73.21%, which is greater than UD07.L's maximum drawdown of -41.41%. Use the drawdown chart below to compare losses from any high point for REMX.L and UD07.L.

Drawdown Indicators

	REMX.L	UD07.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.21%	-41.41%	-31.80%
Max Drawdown (1Y) Largest decline over 1 year	-31.73%	-11.70%	-20.03%
Max Drawdown (3Y) Largest decline over 3 years	-60.69%	-11.70%	-48.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.41%	—
Current Drawdown Current decline from peak	-39.14%	-13.73%	-25.41%
Average Drawdown Average peak-to-trough decline	-41.58%	-19.35%	-22.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.86%	3.58%	+7.28%

Volatility

REMX.L vs. UD07.L - Volatility Comparison

VanEck Rare Earth and Strategic Metals UCITS ETF (REMX.L) has a higher volatility of 11.26% compared to UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc (UD07.L) at 3.84%. This indicates that REMX.L's price experiences larger fluctuations and is considered to be riskier than UD07.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMX.L	UD07.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.26%	3.84%	+7.42%
Volatility (6M) Calculated over the trailing 6-month period	34.16%	12.77%	+21.39%
Volatility (1Y) Calculated over the trailing 1-year period	46.91%	14.87%	+32.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.71%	28.99%	+25.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.71%	2,363.88%	-2,309.17%

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

REMX.L has a 0.59% expense ratio, which is higher than UD07.L's 0.34% expense ratio.

Dividends

REMX.L vs. UD07.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

REMX.L and UD07.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, UD07.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, REMX.L or UD07.L?

UD07.L is cheaper with a 0.34% expense ratio, compared with 0.59% for REMX.L.

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

REMX.L tracks VanEck Rare Earth and Strategic Metals UCITS ETF, while UD07.L tracks UBS BCOM Constant Maturity. They also come from different issuers: VanEck and UBS. Their fees differ too: 0.59% for REMX.L and 0.34% for UD07.L.