UIM7.DE vs. BCFE.DE

Last updated Jul 16, 2026

UIM7.DE (UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis) and BCFE.DE (UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - UIM7.DE is a Global Equities fund tracking the MSCI World, while BCFE.DE is a Commodities fund tracking the UBS BCOM Constant Maturity (EUR Hedged). Both are passively managed. Over the past 5 years, UIM7.DE returned 12.03%/yr vs 8.98%/yr for BCFE.DE. At a 0.19 correlation, their price movements are largely independent. UIM7.DE charges 0.30%/yr vs 0.34%/yr for BCFE.DE.

Performance

UIM7.DE vs. BCFE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis (UIM7.DE) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UIM7.DE achieves a 12.82% return, which is significantly lower than BCFE.DE's 13.76% return.

UIM7.DE

• 1D: 0.19%
• 1M: 1.64%
• 6M: 11.29%
• YTD: 12.82%
• 1Y: 23.53%
• 3Y*: 17.89%
• 5Y*: 12.03%
• 10Y*: 12.31%

BCFE.DE

• 1D: 0.11%
• 1M: 0.90%
• 6M: 10.73%
• YTD: 13.76%
• 1Y: 24.11%
• 3Y*: 10.02%
• 5Y*: 8.98%
• 10Y*: —

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

UIM7.DE vs. BCFE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UIM7.DE UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis	12.82%	7.63%	25.66%	19.90%	-13.93%	32.50%	5.12%	30.96%	-5.24%	4.28%
BCFE.DE UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc	13.76%	16.64%	3.14%	-7.90%	14.00%	30.29%	-0.93%	3.55%	-10.75%	4.20%

Correlation

The correlation between UIM7.DE and BCFE.DE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.19

The correlation between UIM7.DE and BCFE.DE shifts across timeframes, from -0.07 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UIM7.DE vs. BCFE.DE — Risk / Return Rank

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

UIM7.DE

UIM7.DE Risk / Return Rank: 83
UIM7.DE Sharpe Ratio Rank: 82
UIM7.DE Sortino Ratio Rank: 81
UIM7.DE Omega Ratio Rank: 81
UIM7.DE Calmar Ratio Rank: 84
UIM7.DE Martin Ratio Rank: 87

BCFE.DE

BCFE.DE Risk / Return Rank: 54
BCFE.DE Sharpe Ratio Rank: 61
BCFE.DE Sortino Ratio Rank: 56
BCFE.DE Omega Ratio Rank: 61
BCFE.DE Calmar Ratio Rank: 44
BCFE.DE Martin Ratio Rank: 48

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.

UIM7.DE vs. BCFE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis (UIM7.DE) and UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.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.

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.

	UIM7.DE	BCFE.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.08	1.66	+0.43
Sortino ratio: Return per unit of downside risk	2.89	2.20	+0.70
Omega ratio: Gain probability vs. loss probability	1.39	1.30	+0.08
Calmar ratio: Return relative to maximum drawdown	3.65	1.85	+1.80
Martin ratio: Return relative to average drawdown	14.53	6.57	+7.97

UIM7.DE vs. BCFE.DE - Sharpe Ratio Comparison

The current UIM7.DE Sharpe Ratio is 2.08, which is comparable to the BCFE.DE Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of UIM7.DE and BCFE.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.

Drawdowns

UIM7.DE vs. BCFE.DE - Drawdown Comparison

The maximum UIM7.DE drawdown since its inception was -61.36%, which is greater than BCFE.DE's maximum drawdown of -32.94%. Use the drawdown chart below to compare losses from any high point for UIM7.DE and BCFE.DE.

Drawdown Indicators

	UIM7.DE	BCFE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-61.36%	-32.94%	-28.42%
Max Drawdown (1Y) Largest decline over 1 year	-6.42%	-12.95%	+6.53%
Max Drawdown (3Y) Largest decline over 3 years	-21.66%	-12.95%	-8.71%
Max Drawdown (5Y) Largest decline over 5 years	-21.66%	-27.27%	+5.61%
Max Drawdown (10Y) Largest decline over 10 years	-33.83%	—	—
Current Drawdown Current decline from peak	-0.08%	-7.12%	+7.04%
Average Drawdown Average peak-to-trough decline	-13.66%	-13.33%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	3.66%	-2.05%

Volatility

UIM7.DE vs. BCFE.DE - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis (UIM7.DE) is 2.40%, while UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) has a volatility of 4.71%. This indicates that UIM7.DE experiences smaller price fluctuations and is considered to be less risky than BCFE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UIM7.DE	BCFE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	4.71%	-2.31%
Volatility (6M) Calculated over the trailing 6-month period	7.89%	12.42%	-4.53%
Volatility (1Y) Calculated over the trailing 1-year period	11.25%	14.50%	-3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.11%	17.53%	-3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.05%	15.16%	-0.11%

UIM7.DE vs. BCFE.DE - Expense Ratio Comparison

UIM7.DE has a 0.30% expense ratio, which is lower than BCFE.DE's 0.34% expense ratio.

Dividends

UIM7.DE vs. BCFE.DE - Dividend Comparison

UIM7.DE's dividend yield for the trailing twelve months is around 0.88%, while BCFE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCFE.DE UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UIM7.DE UBS ETF (LU) MSCI World UCITS ETF (USD) A-dis	0.88%	1.04%	1.06%	1.29%	1.47%	0.98%	1.31%	1.56%	1.69%	1.72%	1.83%	1.89%

Frequently Asked Questions

Can I hold both UIM7.DE and BCFE.DE in my portfolio?

UIM7.DE and BCFE.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UIM7.DE or BCFE.DE?

On fees, UIM7.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UIM7.DE or BCFE.DE?

UIM7.DE is cheaper with a 0.30% expense ratio, compared with 0.34% for BCFE.DE.

What is the main difference between UIM7.DE and BCFE.DE?

UIM7.DE is categorized as Global Equities, while BCFE.DE is Commodities. UIM7.DE tracks MSCI World, while BCFE.DE tracks UBS BCOM Constant Maturity (EUR Hedged). Their fees differ too: 0.30% for UIM7.DE and 0.34% for BCFE.DE.