UIQK.DE vs. PDBC
UIQK.DE (UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc) and PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) are both Commodities funds. UIQK.DE is passively managed, while PDBC is actively managed. Over the past 10 years, UIQK.DE returned 8.63%/yr vs 8.31%/yr for PDBC. A 0.68 correlation means they provide meaningful diversification when combined. UIQK.DE charges 0.34%/yr vs 0.58%/yr for PDBC.
Performance
UIQK.DE vs. PDBC - Performance Comparison
Loading charts...
Different Trading Currencies
UIQK.DE is traded in EUR, while PDBC is traded in USD. To make them comparable, the PDBC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UIQK.DE achieves a 22.10% return, which is significantly lower than PDBC's 36.25% return. Both investments have delivered pretty close results over the past 10 years, with UIQK.DE having a 8.63% annualized return and PDBC not far behind at 8.31%.
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%
PDBC
- 1D
- -1.25%
- 1M
- -3.34%
- YTD
- 36.25%
- 6M
- 34.73%
- 1Y
- 42.10%
- 3Y*
- 11.02%
- 5Y*
- 13.18%
- 10Y*
- 8.31%
UIQK.DE vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | -6.03% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 36.25% | -6.62% | 8.83% | -9.06% | 26.62% | 52.32% | -15.44% | 13.96% | -8.68% | -7.86% |
Correlation
The correlation between UIQK.DE and PDBC is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2014 | 0.68 |
The correlation between UIQK.DE and PDBC has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UIQK.DE vs. PDBC — Risk / Return Rank
UIQK.DE
PDBC
UIQK.DE vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). 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.
| UIQK.DE | PDBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 5.06 | -3.25 |
| Martin ratioReturn relative to average drawdown | 3.75 | 10.04 | -6.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UIQK.DE | PDBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 2.05 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.66 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.45 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.25 | +0.03 |
Drawdowns
UIQK.DE vs. PDBC - Drawdown Comparison
The maximum UIQK.DE drawdown since its inception was -40.58%, roughly equal to the maximum PDBC drawdown of -41.97%. Use the drawdown chart below to compare losses from any high point for UIQK.DE and PDBC.
Loading charts...
Drawdown Indicators
| UIQK.DE | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -41.97% | +1.39% |
Max Drawdown (1Y)Largest decline over 1 year | -15.84% | -8.36% | -7.48% |
Max Drawdown (3Y)Largest decline over 3 years | -15.84% | -17.86% | +2.02% |
Max Drawdown (5Y)Largest decline over 5 years | -17.37% | -30.41% | +13.04% |
Max Drawdown (10Y)Largest decline over 10 years | -30.72% | -37.18% | +6.46% |
Current DrawdownCurrent decline from peak | -3.23% | -5.31% | +2.08% |
Average DrawdownAverage peak-to-trough decline | -14.71% | -19.87% | +5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 4.20% | +3.46% |
Volatility
UIQK.DE vs. PDBC - Volatility Comparison
The current volatility for UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE) is 5.01%, while Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a volatility of 6.89%. This indicates that UIQK.DE experiences smaller price fluctuations and is considered to be less risky than PDBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIQK.DE | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.01% | 6.89% | -1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 16.89% | -4.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.76% | 20.65% | +5.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.74% | 19.98% | -2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.90% | 18.55% | -2.65% |
UIQK.DE vs. PDBC - Expense Ratio Comparison
UIQK.DE has a 0.34% expense ratio, which is lower than PDBC's 0.58% expense ratio.
Dividends
UIQK.DE vs. PDBC - Dividend Comparison
UIQK.DE has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 2.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 2.85% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% |
UIQK.DE UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UIQK.DE and PDBC have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UIQK.DE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIQK.DE is cheaper with a 0.34% expense ratio, compared with 0.58% for PDBC.
They also come from different issuers: UBS and Invesco. Their fees differ too: 0.34% for UIQK.DE and 0.58% for PDBC.
Find the right allocation for UIQK.DE and PDBC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer