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UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The sub-fund aims to track, before expenses, the price and income performance of the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index (Total Return) (this sub-fund's Index). Additionally currency hedged share classes aim to reduce the impact of currency fluctuations between their reference currency and the index currency by selling currency forwards at the one-month forward rate in accordance with the hedging methodology of the Index's currency-hedged index variant as referred to in relation to each hedged share class below.

Looking to diversify beyond MDBU.DE? The ETFs below have the lowest correlation with MDBU.DE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MDBU.DE.

Best Diversifiers for MDBU.DE

6 ETFs have low correlation with MDBU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc (AW1P.DE) (Global Equities) with a 1Y correlation of 0.08, roughly unchanged from 0.07 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
AW1P.DE
UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ...0.080.07—
59
Global EquitiesMDBU.DE vs AW1P.DE
UBU7.DE
UBS ETF (IE) MSCI World UCITS ETF (USD) Dist0.120.140.01
69
Global EquitiesMDBU.DE vs UBU7.DE
UETW.DE
UBS ETF (IE) MSCI World UCITS ETF (USD) Acc0.120.130.01
71
Global EquitiesMDBU.DE vs UETW.DE
AW1C.DE
UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-a...0.170.190.07
51
S&P 500MDBU.DE vs AW1C.DE
4UBQ.DE
UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc0.180.200.07
79
S&P 500, ESGMDBU.DE vs 4UBQ.DE
See all 6 diversifiers for MDBU.DE

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Diversification Analysis

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