4UBF.DE vs. CNUA.DE

Last updated Jun 26, 2026

4UBF.DE (UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc) and CNUA.DE (UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc) are both exchange-traded funds - 4UBF.DE is a European Corporate Bonds fund tracking the Bloomberg MSCI Euro Area Liquid Corporates Sustainable, while CNUA.DE is a China Equities fund tracking the MSCI China A Onshore NR CNY. Both are passively managed. Over the past 5 years, 4UBF.DE returned -0.09%/yr vs 4.42%/yr for CNUA.DE. At a 0.04 correlation, their price movements are largely independent. 4UBF.DE charges 0.13%/yr vs 0.30%/yr for CNUA.DE.

Performance

4UBF.DE vs. CNUA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) and UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc (CNUA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 4UBF.DE achieves a 1.38% return, which is significantly lower than CNUA.DE's 18.41% return.

4UBF.DE

• 1D: 0.00%
• 1M: 0.56%
• YTD: 1.38%
• 6M: 1.46%
• 1Y: 2.46%
• 3Y*: 5.09%
• 5Y*: -0.09%
• 10Y*: —

CNUA.DE

• 1D: 1.49%
• 1M: 4.24%
• YTD: 18.41%
• 6M: 19.60%
• 1Y: 45.73%
• 3Y*: 16.11%
• 5Y*: 4.42%
• 10Y*: —

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

4UBF.DE vs. CNUA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
4UBF.DE UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc	1.38%	3.23%	4.51%	8.22%	-15.67%	-0.31%
CNUA.DE UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc	18.41%	15.18%	24.15%	-14.62%	-18.77%	16.86%

Correlation

The correlation between 4UBF.DE and CNUA.DE is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Apr 19, 2021	0.04

Return for Risk

4UBF.DE vs. CNUA.DE — Risk / Return Rank

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

4UBF.DE

4UBF.DE Risk / Return Rank: 21
4UBF.DE Sharpe Ratio Rank: 20
4UBF.DE Sortino Ratio Rank: 20
4UBF.DE Omega Ratio Rank: 19
4UBF.DE Calmar Ratio Rank: 20
4UBF.DE Martin Ratio Rank: 24

CNUA.DE

CNUA.DE Risk / Return Rank: 88
CNUA.DE Sharpe Ratio Rank: 88
CNUA.DE Sortino Ratio Rank: 85
CNUA.DE Omega Ratio Rank: 83
CNUA.DE Calmar Ratio Rank: 95
CNUA.DE Martin Ratio Rank: 91

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.

4UBF.DE vs. CNUA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) and UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc (CNUA.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	4UBF.DE	CNUA.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.67	2.54	-1.87
Sortino ratio: Return per unit of downside risk	1.02	3.33	-2.31
Omega ratio: Gain probability vs. loss probability	1.12	1.43	-0.31
Calmar ratio: Return relative to maximum drawdown	0.86	6.94	-6.08
Martin ratio: Return relative to average drawdown	2.79	19.16	-16.37

4UBF.DE vs. CNUA.DE - Sharpe Ratio Comparison

The current 4UBF.DE Sharpe Ratio is 0.67, which is lower than the CNUA.DE Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of 4UBF.DE and CNUA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

4UBF.DE vs. CNUA.DE - Drawdown Comparison

The maximum 4UBF.DE drawdown since its inception was -19.99%, smaller than the maximum CNUA.DE drawdown of -37.81%. Use the drawdown chart below to compare losses from any high point for 4UBF.DE and CNUA.DE.

Drawdown Indicators

	4UBF.DE	CNUA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-19.99%	-37.81%	+17.82%
Max Drawdown (1Y) Largest decline over 1 year	-2.88%	-6.56%	+3.68%
Max Drawdown (3Y) Largest decline over 3 years	-2.88%	-26.63%	+23.75%
Max Drawdown (5Y) Largest decline over 5 years	-19.99%	-37.81%	+17.82%
Current Drawdown Current decline from peak	-2.18%	-0.69%	-1.49%
Average Drawdown Average peak-to-trough decline	-8.47%	-14.75%	+6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	2.38%	-1.50%

Volatility

4UBF.DE vs. CNUA.DE - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) is 0.79%, while UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc (CNUA.DE) has a volatility of 5.70%. This indicates that 4UBF.DE experiences smaller price fluctuations and is considered to be less risky than CNUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4UBF.DE	CNUA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	5.70%	-4.91%
Volatility (6M) Calculated over the trailing 6-month period	3.03%	12.84%	-9.81%
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	17.95%	-14.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.09%	23.18%	-18.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	25.04%	-20.04%

4UBF.DE vs. CNUA.DE - Expense Ratio Comparison

4UBF.DE has a 0.13% expense ratio, which is lower than CNUA.DE's 0.30% expense ratio.

Dividends

4UBF.DE vs. CNUA.DE - Dividend Comparison

Neither 4UBF.DE nor CNUA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 4UBF.DE and CNUA.DE in my portfolio?

4UBF.DE and CNUA.DE have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 4UBF.DE or CNUA.DE?

On fees, 4UBF.DE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 4UBF.DE or CNUA.DE?

4UBF.DE is cheaper with a 0.13% expense ratio, compared with 0.30% for CNUA.DE.

What is the main difference between 4UBF.DE and CNUA.DE?

4UBF.DE is categorized as European Corporate Bonds, while CNUA.DE is China Equities. 4UBF.DE tracks Bloomberg MSCI Euro Area Liquid Corporates Sustainable, while CNUA.DE tracks MSCI China A Onshore NR CNY. Their fees differ too: 0.13% for 4UBF.DE and 0.30% for CNUA.DE.