UEQU.DE vs. ENTR.DE

Last updated Jun 5, 2026

UEQU.DE (UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD) A-acc) and ENTR.DE (L&G New Energy Commodities UCITS ETF USD Accumulating) are both Commodities funds - UEQU.DE tracks the UBS CMCI Ex Agriculture Ex Livestock Capped while ENTR.DE tracks the Solactive Energy Transition Commodity. Both are passively managed. Over the past year, UEQU.DE returned 40.51% vs 36.69% for ENTR.DE. A 0.70 correlation means they provide meaningful diversification when combined. UEQU.DE charges 0.34%/yr vs 0.65%/yr for ENTR.DE.

Performance

UEQU.DE vs. ENTR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD) A-acc (UEQU.DE) and L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UEQU.DE achieves a 25.53% return, which is significantly higher than ENTR.DE's 12.78% return.

UEQU.DE

• 1D: -0.80%
• 1M: 2.99%
• YTD: 25.53%
• 6M: 26.95%
• 1Y: 40.51%
• 3Y*: 14.81%
• 5Y*: 14.40%
• 10Y*: 10.80%

ENTR.DE

• 1D: -0.84%
• 1M: 0.87%
• YTD: 12.78%
• 6M: 22.77%
• 1Y: 36.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UEQU.DE vs. ENTR.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UEQU.DE UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD) A-acc	25.53%	6.36%	-0.98%
ENTR.DE L&G New Energy Commodities UCITS ETF USD Accumulating	12.78%	17.08%	-0.06%

Correlation

The correlation between UEQU.DE and ENTR.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024	0.70

The correlation between UEQU.DE and ENTR.DE has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.

Return for Risk

UEQU.DE vs. ENTR.DE — Risk / Return Rank

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

UEQU.DE

UEQU.DE Risk / Return Rank: 82
UEQU.DE Sharpe Ratio Rank: 82
UEQU.DE Sortino Ratio Rank: 77
UEQU.DE Omega Ratio Rank: 79
UEQU.DE Calmar Ratio Rank: 92
UEQU.DE Martin Ratio Rank: 79

ENTR.DE

ENTR.DE Risk / Return Rank: 72
ENTR.DE Sharpe Ratio Rank: 71
ENTR.DE Sortino Ratio Rank: 67
ENTR.DE Omega Ratio Rank: 70
ENTR.DE Calmar Ratio Rank: 77
ENTR.DE Martin Ratio Rank: 73

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.

UEQU.DE vs. ENTR.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD) A-acc (UEQU.DE) and L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.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.

	UEQU.DE	ENTR.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.60	2.27	+0.33
Sortino ratio: Return per unit of downside risk	3.40	3.04	+0.36
Omega ratio: Gain probability vs. loss probability	1.46	1.41	+0.05
Calmar ratio: Return relative to maximum drawdown	6.29	3.86	+2.43
Martin ratio: Return relative to average drawdown	15.25	13.56	+1.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UEQU.DE vs. ENTR.DE - Sharpe Ratio Comparison

The current UEQU.DE Sharpe Ratio is 2.60, which is comparable to the ENTR.DE Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of UEQU.DE and ENTR.DE, 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

	UEQU.DE	ENTR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.27	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.92	-0.28

Drawdowns

UEQU.DE vs. ENTR.DE - Drawdown Comparison

The maximum UEQU.DE drawdown since its inception was -30.56%, which is greater than ENTR.DE's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for UEQU.DE and ENTR.DE.

Drawdown Indicators

	UEQU.DE	ENTR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.56%	-14.17%	-16.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.50%	-9.72%	+3.22%
Max Drawdown (3Y) Largest decline over 3 years	-15.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.56%	—	—
Current Drawdown Current decline from peak	-1.21%	-2.59%	+1.38%
Average Drawdown Average peak-to-trough decline	-8.92%	-5.85%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	2.77%	-0.08%

Volatility

UEQU.DE vs. ENTR.DE - Volatility Comparison

The current volatility for UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD) A-acc (UEQU.DE) is 3.91%, while L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) has a volatility of 4.62%. This indicates that UEQU.DE experiences smaller price fluctuations and is considered to be less risky than ENTR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEQU.DE	ENTR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	4.62%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	13.03%	13.78%	-0.75%
Volatility (1Y) Calculated over the trailing 1-year period	15.73%	16.50%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.83%	15.02%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	15.02%	+1.39%

UEQU.DE vs. ENTR.DE - Expense Ratio Comparison

UEQU.DE has a 0.34% expense ratio, which is lower than ENTR.DE's 0.65% expense ratio.

Dividends

UEQU.DE vs. ENTR.DE - Dividend Comparison

Neither UEQU.DE nor ENTR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UEQU.DE and ENTR.DE in my portfolio?

UEQU.DE and ENTR.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UEQU.DE or ENTR.DE?

On fees, UEQU.DE 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, UEQU.DE or ENTR.DE?

UEQU.DE is cheaper with a 0.34% expense ratio, compared with 0.65% for ENTR.DE.

What is the main difference between UEQU.DE and ENTR.DE?

UEQU.DE tracks UBS CMCI Ex Agriculture Ex Livestock Capped, while ENTR.DE tracks Solactive Energy Transition Commodity. They also come from different issuers: UBS and Legal & General. Their fees differ too: 0.34% for UEQU.DE and 0.65% for ENTR.DE.