UIQ1.DE vs. UIQK.DE
UIQ1.DE (UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc) and UIQK.DE (UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc) are both Commodities funds from UBS - UIQ1.DE tracks the UBS CMCI Ex Agriculture Ex Livestock Capped (EUR Hedged) while UIQK.DE tracks the UBS CMCI. Both are passively managed. Over the past 5 years, UIQ1.DE returned 10.90%/yr vs 12.61%/yr for UIQK.DE. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.34% expense ratio.
Performance
UIQ1.DE vs. UIQK.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with UIQ1.DE having a 22.64% return and UIQK.DE slightly lower at 22.10%.
UIQ1.DE
- 1D
- -1.00%
- 1M
- 0.39%
- YTD
- 22.64%
- 6M
- 26.02%
- 1Y
- 39.84%
- 3Y*
- 15.74%
- 5Y*
- 10.90%
- 10Y*
- —
UIQK.DE
- 1D
- -1.26%
- 1M
- -0.77%
- YTD
- 22.10%
- 6M
- 23.08%
- 1Y
- 28.80%
- 3Y*
- 10.29%
- 5Y*
- 12.61%
- 10Y*
- 8.63%
UIQ1.DE vs. UIQK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UIQ1.DE UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc | 22.64% | 17.35% | 4.90% | -7.27% | 9.59% | 33.73% | -4.28% | 8.46% | -13.91% | 17.02% |
UIQK.DE UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc | 22.10% | -1.67% | 10.72% | -4.23% | 22.43% | 46.71% | -8.90% | 12.48% | -6.36% | 6.21% |
Correlation
The correlation between UIQ1.DE and UIQK.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2017 | 0.72 |
The correlation between UIQ1.DE and UIQK.DE has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.
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Return for Risk
UIQ1.DE vs. UIQK.DE — Risk / Return Rank
UIQ1.DE
UIQK.DE
UIQ1.DE vs. UIQK.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 (EUR Hedged) Acc (UIQ1.DE) and UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.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.
| UIQ1.DE | UIQK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.31 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.99 | 1.81 | +4.18 |
| Martin ratioReturn relative to average drawdown | 16.75 | 3.75 | +12.99 |
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
| UIQ1.DE | UIQK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 1.11 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.70 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.28 | +0.23 |
Drawdowns
UIQ1.DE vs. UIQK.DE - Drawdown Comparison
The maximum UIQ1.DE drawdown since its inception was -39.99%, roughly equal to the maximum UIQK.DE drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for UIQ1.DE and UIQK.DE.
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Drawdown Indicators
| UIQ1.DE | UIQK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.99% | -40.58% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -6.62% | -15.84% | +9.22% |
Max Drawdown (3Y)Largest decline over 3 years | -13.55% | -15.84% | +2.29% |
Max Drawdown (5Y)Largest decline over 5 years | -30.51% | -17.37% | -13.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.72% | — |
Current DrawdownCurrent decline from peak | -2.05% | -3.23% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -15.09% | -14.71% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 7.66% | -5.29% |
Volatility
UIQ1.DE vs. UIQK.DE - Volatility Comparison
The current volatility for UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR Hedged) Acc (UIQ1.DE) is 3.79%, while UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE) has a volatility of 5.01%. This indicates that UIQ1.DE experiences smaller price fluctuations and is considered to be less risky than UIQK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UIQ1.DE | UIQK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 5.01% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 12.91% | 12.05% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 25.76% | -10.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 17.74% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.45% | 15.90% | +1.55% |
UIQ1.DE vs. UIQK.DE - Expense Ratio Comparison
Both UIQ1.DE and UIQK.DE have an expense ratio of 0.34%.
Dividends
UIQ1.DE vs. UIQK.DE - Dividend Comparison
Neither UIQ1.DE nor UIQK.DE has paid dividends to shareholders.
Frequently Asked Questions
UIQ1.DE and UIQK.DE have a correlation of 0.73, 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 0.34% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
UIQ1.DE and UIQK.DE have the same expense ratio: 0.34% per year.
UIQ1.DE tracks UBS CMCI Ex Agriculture Ex Livestock Capped (EUR Hedged), while UIQK.DE tracks UBS CMCI.
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