XCMC.DE vs. IUSQ.DE
XCMC.DE (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - XCMC.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward, while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 3 years, XCMC.DE returned 11.29%/yr vs 17.93%/yr for IUSQ.DE. At a 0.18 correlation, their price movements are largely independent. XCMC.DE charges 0.19%/yr vs 0.20%/yr for IUSQ.DE.
Performance
XCMC.DE vs. IUSQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCMC.DE achieves a 28.51% return, which is significantly higher than IUSQ.DE's 12.65% return.
XCMC.DE
- 1D
- -1.20%
- 1M
- -1.31%
- YTD
- 28.51%
- 6M
- 19.96%
- 1Y
- 29.14%
- 3Y*
- 11.29%
- 5Y*
- —
- 10Y*
- —
IUSQ.DE
- 1D
- -0.23%
- 1M
- 5.01%
- YTD
- 12.65%
- 6M
- 13.33%
- 1Y
- 26.56%
- 3Y*
- 17.93%
- 5Y*
- 12.42%
- 10Y*
- 12.38%
XCMC.DE vs. IUSQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XCMC.DE Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 28.51% | -2.66% | 11.92% | -9.34% | 24.84% | -11.32% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 12.65% | 9.02% | 24.53% | 18.57% | -13.58% | 2.54% |
Correlation
The correlation between XCMC.DE and IUSQ.DE is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.18 |
The correlation between XCMC.DE and IUSQ.DE shifts across timeframes, from -0.02 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XCMC.DE vs. IUSQ.DE — Risk / Return Rank
XCMC.DE
IUSQ.DE
XCMC.DE vs. IUSQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) and iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.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.
| XCMC.DE | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 4.08 | -0.36 |
| Martin ratioReturn relative to average drawdown | 8.44 | 16.69 | -8.26 |
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
| XCMC.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.31 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.76 | -0.32 |
Drawdowns
XCMC.DE vs. IUSQ.DE - Drawdown Comparison
The maximum XCMC.DE drawdown since its inception was -22.91%, smaller than the maximum IUSQ.DE drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for XCMC.DE and IUSQ.DE.
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Drawdown Indicators
| XCMC.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -33.60% | +10.69% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -6.48% | -1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | -21.25% | +6.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.60% | — |
Current DrawdownCurrent decline from peak | -3.42% | -0.55% | -2.87% |
Average DrawdownAverage peak-to-trough decline | -12.68% | -4.19% | -8.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 1.59% | +1.86% |
Volatility
XCMC.DE vs. IUSQ.DE - Volatility Comparison
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) has a higher volatility of 4.94% compared to iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) at 3.03%. This indicates that XCMC.DE's price experiences larger fluctuations and is considered to be riskier than IUSQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCMC.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 3.03% | +1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 8.26% | +7.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.48% | 11.47% | +6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 13.94% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.33% | 15.02% | +2.31% |
XCMC.DE vs. IUSQ.DE - Expense Ratio Comparison
XCMC.DE has a 0.19% expense ratio, which is lower than IUSQ.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XCMC.DE vs. IUSQ.DE - Dividend Comparison
Neither XCMC.DE nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
XCMC.DE and IUSQ.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCMC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCMC.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for IUSQ.DE.
XCMC.DE is categorized as Commodities, while IUSQ.DE is Global Equities. XCMC.DE tracks Bloomberg Commodity 3 Month Forward, while IUSQ.DE tracks MSCI All Country World (ACWI). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.19% for XCMC.DE and 0.20% for IUSQ.DE.
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