UC90.L vs. FAIG.L
UC90.L (UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc) and FAIG.L (WisdomTree Broad Commodities Longer Dated) are both Commodities funds - UC90.L tracks the UBS CMCI (GBP Hedged) while FAIG.L tracks the Bloomberg Commodity 3 Month Forward. Both are passively managed. Over the past 10 years, UC90.L returned 7.57%/yr vs 8.21%/yr for FAIG.L. A 0.69 correlation means they provide meaningful diversification when combined. UC90.L charges 0.34%/yr vs 0.49%/yr for FAIG.L.
Performance
UC90.L vs. FAIG.L - Performance Comparison
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Different Trading Currencies
UC90.L is traded in GBp, while FAIG.L is traded in USD. To make them comparable, the FAIG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, UC90.L achieves a 21.40% return, which is significantly higher than FAIG.L's 19.75% return. Over the past 10 years, UC90.L has underperformed FAIG.L with an annualized return of 7.57%, while FAIG.L has yielded a comparatively higher 8.21% annualized return.
UC90.L
- 1D
- -1.30%
- 1M
- -1.81%
- YTD
- 21.40%
- 6M
- 22.49%
- 1Y
- 30.42%
- 3Y*
- 12.90%
- 5Y*
- 10.87%
- 10Y*
- 7.57%
FAIG.L
- 1D
- -1.29%
- 1M
- -1.57%
- YTD
- 19.75%
- 6M
- 18.96%
- 1Y
- 32.79%
- 3Y*
- 10.60%
- 5Y*
- 11.97%
- 10Y*
- 8.21%
UC90.L vs. FAIG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UC90.L UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc | 21.40% | 9.58% | 4.52% | -2.02% | 14.86% | 33.21% | -1.26% | 5.91% | -11.85% | 5.39% |
FAIG.L WisdomTree Broad Commodities Longer Dated | 19.75% | 7.66% | 5.90% | -11.88% | 29.81% | 31.66% | -0.96% | 2.48% | -4.06% | -5.84% |
Correlation
The correlation between UC90.L and FAIG.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 | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 2015 | 0.69 |
The correlation between UC90.L and FAIG.L shifts across timeframes, from 0.68 (10 years) to 0.83 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
UC90.L vs. FAIG.L — Risk / Return Rank
UC90.L
FAIG.L
UC90.L vs. FAIG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.L) and WisdomTree Broad Commodities Longer Dated (FAIG.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.
| UC90.L | FAIG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.40 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 6.33 | 4.90 | +1.43 |
| Martin ratioReturn relative to average drawdown | 14.07 | 12.88 | +1.19 |
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
| UC90.L | FAIG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | 2.19 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.76 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.56 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.23 | +0.15 |
Drawdowns
UC90.L vs. FAIG.L - Drawdown Comparison
The maximum UC90.L drawdown since its inception was -41.45%, smaller than the maximum FAIG.L drawdown of -51.32%. Use the drawdown chart below to compare losses from any high point for UC90.L and FAIG.L.
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Drawdown Indicators
| UC90.L | FAIG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.45% | -51.32% | +9.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.79% | -6.66% | +1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -11.47% | -12.87% | +1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -19.19% | -26.47% | +7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -38.26% | -26.47% | -11.79% |
Current DrawdownCurrent decline from peak | -4.67% | -3.81% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -13.18% | -26.24% | +13.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.54% | -0.38% |
Volatility
UC90.L vs. FAIG.L - Volatility Comparison
UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.L) has a higher volatility of 4.94% compared to WisdomTree Broad Commodities Longer Dated (FAIG.L) at 4.60%. This indicates that UC90.L's price experiences larger fluctuations and is considered to be riskier than FAIG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UC90.L | FAIG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 4.60% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 12.16% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.48% | 14.96% | -2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.75% | 15.73% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.23% | 14.71% | -0.48% |
UC90.L vs. FAIG.L - Expense Ratio Comparison
UC90.L has a 0.34% expense ratio, which is lower than FAIG.L's 0.49% expense ratio.
Dividends
UC90.L vs. FAIG.L - Dividend Comparison
Neither UC90.L nor FAIG.L has paid dividends to shareholders.
Frequently Asked Questions
UC90.L and FAIG.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.
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.
UC90.L is cheaper with a 0.34% expense ratio, compared with 0.49% for FAIG.L.
UC90.L tracks UBS CMCI (GBP Hedged), while FAIG.L tracks Bloomberg Commodity 3 Month Forward. They also come from different issuers: UBS and WisdomTree. Their fees differ too: 0.34% for UC90.L and 0.49% for FAIG.L.
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