Best RV – Materias primas funds
Ranking of the top 20 RV – Materias primas funds by composite score (risk-adjusted return). Updated 31/05/2026.
ℹ️ Methodology: period and indicators
All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.
Score formula (risk-adjusted return):
0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*
* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 50.0%)2, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).
A higher score means better relative behavior within the analyzed set, not an investment recommendation.
🏆 Ranking
| # | ISIN | Name | Score | R² | Total Ret. | Annual Ret. | Volatility | Sharpe | Sortino | Max Drawdown | Calmar |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | LU0175576296 | Multipartner SICAV - Konwave Gold Equity Fund B USD | 0.651 | 0.917 | 271.74% | 57.05% | 33.60% | 1.64 | 1.66 | 28.33% | 2.01 |
| 2 | LU0223332320 | Multipartner SICAV - Konwave Gold Equity Fund B EUR | 0.648 | 0.911 | 266.69% | 56.32% | 33.39% | 1.63 | 1.65 | 28.33% | 1.99 |
| 3 | LU2191832919 | Multipartner SICAV - Konwave ESG Gold Equity Fund B | 0.641 | 0.913 | 266.70% | 56.32% | 33.50% | 1.62 | 1.61 | 29.96% | 1.88 |
| 4 | LU1223082196 | Schroder International Selection Fund Global Gold A Accumulation USD | 0.633 | 0.906 | 245.72% | 50.96% | 34.14% | 1.43 | 1.43 | 27.05% | 1.88 |
| 5 | LU1223083087 | Schroder International Selection Fund Global Gold A Accumulation EUR Hedged | 0.620 | 0.891 | 248.00% | 51.29% | 35.38% | 1.39 | 1.40 | 28.05% | 1.83 |
| 6 | LU0159550077 | GOLD & RESSOUR PA DIS EUR | 0.615 | 0.849 | 99.65% | 26.27% | 24.78% | 0.98 | 0.93 | 20.90% | 1.26 |
| 7 | LU0273159177 | DWS Invest Gold and Precious Metals Equities LC | 0.613 | 0.899 | 187.32% | 44.25% | 32.14% | 1.31 | 1.31 | 27.85% | 1.59 |
| 8 | LU0273148055 | DWS Invest Gold and Precious Metals Equities NC | 0.608 | 0.896 | 181.36% | 43.20% | 32.13% | 1.28 | 1.28 | 27.88% | 1.55 |
| 9 | FR0007390174 | CM-AM Global Gold RC | 0.607 | 0.904 | 181.67% | 41.88% | 32.83% | 1.21 | 1.16 | 28.08% | 1.49 |
| 10 | LU2358792120 | GLB NATURL RESRCS A ACC EUR | 0.605 | 0.696 | 70.43% | 19.88% | 17.67% | 1.01 | 0.93 | 19.30% | 1.03 |
| 11 | LU0171305526 | BlackRock Global Funds - World Gold Fund A2 EUR Acc | 0.603 | 0.887 | 170.30% | 39.73% | 31.20% | 1.21 | 1.20 | 27.57% | 1.44 |
| 12 | LU0171306680 | BGF World Gold E2 | 0.600 | 0.883 | 166.28% | 39.21% | 31.28% | 1.19 | 1.18 | 27.59% | 1.42 |
| 13 | LU0345780281 | Ninety One Global Strategy Fund - Global Gold Fund A Acc USD | 0.592 | 0.868 | 186.13% | 43.19% | 32.01% | 1.29 | 1.29 | 30.72% | 1.41 |
| 14 | IE00BYVJR916 | Jupiter Gold & Silver | 0.585 | 0.891 | 205.64% | 47.69% | 35.60% | 1.28 | 1.29 | 32.41% | 1.47 |
| 15 | LU0326422689 | BlackRock Global Funds - World Gold Fund A2 EUR Hedged | 0.583 | 0.867 | 173.49% | 40.28% | 33.66% | 1.14 | 1.15 | 29.16% | 1.38 |
| 16 | LU0326423224 | BlackRock Global Funds - World Gold Fund E2 EUR Hedged | 0.580 | 0.864 | 169.46% | 39.59% | 33.66% | 1.12 | 1.13 | 29.17% | 1.36 |
| 17 | LU0208853274 | JPMorgan Funds - Global Natural Resources Fund A (acc) - EUR | 0.579 | 0.610 | 70.01% | 19.69% | 18.69% | 0.95 | 0.87 | 20.44% | 0.96 |
| 18 | LU1578889864 | NINETY GLOBAL GOLD A ACC EUR | 0.568 | 0.845 | 186.31% | 43.22% | 34.07% | 1.21 | 1.19 | 32.28% | 1.34 |
| 19 | LU0604766674 | Allianz Global Metals and Mining AT EUR | 0.532 | 0.569 | 84.50% | 23.16% | 24.49% | 0.86 | 0.81 | 25.62% | 0.90 |
| 20 | LU0408222593 | BlackRock Global Funds - World Mining Fund A4 | 0.518 | 0.514 | 75.15% | 20.75% | 24.22% | 0.77 | 0.74 | 24.98% | 0.83 |