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UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) Diversifiers

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

UEFS.DE is a passive ETF by UBS tracking the investment results of the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. UEFS.DE launched on Jan 29, 2016 and has a 0.25% expense ratio.

Looking to diversify beyond UEFS.DE? The ETFs below have the lowest correlation with UEFS.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 UEFS.DE.

Best Diversifiers for UEFS.DE

3 ETFs have low correlation with UEFS.DE (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) (Commodities) with a 1Y correlation of -0.21, down from -0.06 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BCFE.DE
UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET...-0.21-0.08-0.06
69
CommoditiesUEFS.DE vs BCFE.DE
SEAB.DE
UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1...0.270.420.46
72
Emerging Markets BondsUEFS.DE vs SEAB.DE
SEAD.DE
UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1...0.270.420.47
54
Emerging Markets BondsUEFS.DE vs SEAD.DE
FRCK.DE
UBS ETF (LU) Bloomberg USD Emerging Markets Sovere...0.340.500.54
61
Emerging Markets BondsUEFS.DE vs FRCK.DE
XUEE.DE
Xtrackers II USD Emerging Markets Bond UCITS ETF E...0.370.51—
50
Emerging Markets BondsUEFS.DE vs XUEE.DE
See all 17 diversifiers for UEFS.DE

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Diversification Analysis

Build a portfolio that complements UEFS.DE

Add UEFS.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with UEFS.DE