XAAG.DE vs. WFC

Last updated Jun 5, 2026

XAAG.DE (Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc) is Commodities fund tracking the Bloomberg Commodity ex-Agriculture and Livestock, while WFC (Wells Fargo & Company) is a stock. Over the past 5 years, XAAG.DE returned 14.95%/yr vs 15.75%/yr for WFC. At a 0.10 correlation, their price movements are largely independent.

Performance

XAAG.DE vs. WFC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc (XAAG.DE) and Wells Fargo & Company (WFC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XAAG.DE is traded in EUR, while WFC is traded in USD. To make them comparable, the WFC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XAAG.DE achieves a 27.69% return, which is significantly higher than WFC's -9.40% return.

XAAG.DE

• 1D: -0.56%
• 1M: 2.26%
• YTD: 27.69%
• 6M: 27.75%
• 1Y: 46.69%
• 3Y*: 17.71%
• 5Y*: 14.95%
• 10Y*: —

WFC

• 1D: 1.20%
• 1M: 4.50%
• YTD: -9.40%
• 6M: -6.84%
• 1Y: 11.06%
• 3Y*: 25.71%
• 5Y*: 15.75%
• 10Y*: 7.81%

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

XAAG.DE vs. WFC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XAAG.DE Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc	27.69%	12.13%	14.84%	-14.76%	23.35%	39.76%	-19.46%	12.99%	-5.11%	4.28%
WFC Wells Fargo & Company	-9.40%	19.48%	56.15%	19.25%	-6.46%	73.20%	-46.46%	24.18%	-18.16%	9.88%

Correlation

The correlation between XAAG.DE and WFC is -0.05, 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	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since May 31, 2017	0.10

The correlation between XAAG.DE and WFC shifts across timeframes, from -0.05 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XAAG.DE vs. WFC — Risk / Return Rank

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

XAAG.DE

XAAG.DE Risk / Return Rank: 65
XAAG.DE Sharpe Ratio Rank: 66
XAAG.DE Sortino Ratio Rank: 56
XAAG.DE Omega Ratio Rank: 65
XAAG.DE Calmar Ratio Rank: 80
XAAG.DE Martin Ratio Rank: 56

WFC

WFC Risk / Return Rank: 52
WFC Sharpe Ratio Rank: 57
WFC Sortino Ratio Rank: 49
WFC Omega Ratio Rank: 49
WFC Calmar Ratio Rank: 54
WFC Martin Ratio Rank: 54

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.

XAAG.DE vs. WFC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc (XAAG.DE) and Wells Fargo & Company (WFC). 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.

	XAAG.DE	WFC	Difference
Sharpe ratio: Return per unit of total volatility	2.17	0.41	+1.75
Sortino ratio: Return per unit of downside risk	2.65	0.71	+1.94
Omega ratio: Gain probability vs. loss probability	1.39	1.09	+0.29
Calmar ratio: Return relative to maximum drawdown	4.08	0.47	+3.61
Martin ratio: Return relative to average drawdown	9.65	1.12	+8.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAAG.DE vs. WFC - Sharpe Ratio Comparison

The current XAAG.DE Sharpe Ratio is 2.17, which is higher than the WFC Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of XAAG.DE and WFC, 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

	XAAG.DE	WFC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	0.41	+1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.52	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.20	+0.29

Drawdowns

XAAG.DE vs. WFC - Drawdown Comparison

The maximum XAAG.DE drawdown since its inception was -33.85%, smaller than the maximum WFC drawdown of -75.81%. Use the drawdown chart below to compare losses from any high point for XAAG.DE and WFC.

Drawdown Indicators

	XAAG.DE	WFC	Difference
Max Drawdown Largest peak-to-trough decline	-33.85%	-75.81%	+41.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.54%	-23.47%	+11.93%
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	-29.58%	+13.32%
Max Drawdown (5Y) Largest decline over 5 years	-33.85%	-33.37%	-0.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.95%	—
Current Drawdown Current decline from peak	-2.54%	-12.83%	+10.29%
Average Drawdown Average peak-to-trough decline	-13.88%	-16.70%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	9.91%	-5.02%

Volatility

XAAG.DE vs. WFC - Volatility Comparison

The current volatility for Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc (XAAG.DE) is 4.71%, while Wells Fargo & Company (WFC) has a volatility of 8.80%. This indicates that XAAG.DE experiences smaller price fluctuations and is considered to be less risky than WFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAAG.DE	WFC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	8.80%	-4.09%
Volatility (6M) Calculated over the trailing 6-month period	18.81%	19.78%	-0.97%
Volatility (1Y) Calculated over the trailing 1-year period	21.76%	26.90%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.32%	30.21%	-9.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.40%	32.62%	-14.22%

Dividends

XAAG.DE vs. WFC - Dividend Comparison

XAAG.DE has not paid dividends to shareholders, while WFC's dividend yield for the trailing twelve months is around 2.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WFC Wells Fargo & Company	2.20%	1.82%	2.14%	2.64%	2.66%	1.25%	4.04%	3.57%	3.56%	2.54%	2.75%	2.71%
XAAG.DE Invesco Bloomberg Commodity ex-Agriculture UCITS ETF 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%

Frequently Asked Questions

Can I hold both XAAG.DE and WFC in my portfolio?

XAAG.DE and WFC have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.