4UBF.DE vs. EMIG.DE
4UBF.DE (UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc) and EMIG.DE (UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond 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 EMIG.DE is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, 4UBF.DE returned -0.23%/yr vs 0.76%/yr for EMIG.DE. At a 0.34 correlation, their price movements are largely independent. 4UBF.DE charges 0.13%/yr vs 0.45%/yr for EMIG.DE.
Performance
4UBF.DE vs. EMIG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 4UBF.DE achieves a 0.73% return, which is significantly lower than EMIG.DE's 1.49% return.
4UBF.DE
- 1D
- 0.12%
- 1M
- 0.81%
- YTD
- 0.73%
- 6M
- 0.31%
- 1Y
- 2.01%
- 3Y*
- 4.95%
- 5Y*
- -0.23%
- 10Y*
- —
EMIG.DE
- 1D
- 0.05%
- 1M
- 0.95%
- YTD
- 1.49%
- 6M
- 0.93%
- 1Y
- 4.21%
- 3Y*
- 2.05%
- 5Y*
- 0.76%
- 10Y*
- —
4UBF.DE vs. EMIG.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 | 0.73% | 3.23% | 4.51% | 8.22% | -15.67% | -0.28% |
EMIG.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (USD) A-acc | 1.49% | -2.91% | 7.57% | 2.80% | -12.35% | 7.79% |
Correlation
The correlation between 4UBF.DE and EMIG.DE is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2021 | 0.34 |
Over the past year, the correlation between 4UBF.DE and EMIG.DE has dropped to 0.10 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
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Return for Risk
4UBF.DE vs. EMIG.DE — Risk / Return Rank
4UBF.DE
EMIG.DE
4UBF.DE vs. EMIG.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 (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (USD) A-acc (EMIG.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.
| 4UBF.DE | EMIG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.14 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 0.26 | +0.43 |
| Martin ratioReturn relative to average drawdown | 2.30 | 0.38 | +1.92 |
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
| 4UBF.DE | EMIG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.19 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.06 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.04 | -0.08 |
Drawdowns
4UBF.DE vs. EMIG.DE - Drawdown Comparison
The maximum 4UBF.DE drawdown since its inception was -19.99%, which is greater than EMIG.DE's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for 4UBF.DE and EMIG.DE.
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Drawdown Indicators
| 4UBF.DE | EMIG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.99% | -16.46% | -3.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -16.16% | +13.28% |
Max Drawdown (3Y)Largest decline over 3 years | -2.88% | -16.16% | +13.28% |
Max Drawdown (5Y)Largest decline over 5 years | -19.99% | -16.16% | -3.83% |
Current DrawdownCurrent decline from peak | -2.81% | -13.38% | +10.57% |
Average DrawdownAverage peak-to-trough decline | -8.54% | -8.22% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 10.99% | -10.12% |
Volatility
4UBF.DE vs. EMIG.DE - Volatility Comparison
UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) has a higher volatility of 1.25% compared to UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (USD) A-acc (EMIG.DE) at 1.01%. This indicates that 4UBF.DE's price experiences larger fluctuations and is considered to be riskier than EMIG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 4UBF.DE | EMIG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 1.01% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 3.57% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 21.95% | -18.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.08% | 12.46% | -7.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.02% | 12.21% | -7.19% |
4UBF.DE vs. EMIG.DE - Expense Ratio Comparison
4UBF.DE has a 0.13% expense ratio, which is lower than EMIG.DE's 0.45% expense ratio.
Dividends
4UBF.DE vs. EMIG.DE - Dividend Comparison
Neither 4UBF.DE nor EMIG.DE has paid dividends to shareholders.
Frequently Asked Questions
4UBF.DE and EMIG.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.
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.
4UBF.DE is cheaper with a 0.13% expense ratio, compared with 0.45% for EMIG.DE.
4UBF.DE is categorized as European Corporate Bonds, while EMIG.DE is Emerging Markets Bonds. 4UBF.DE tracks Bloomberg MSCI Euro Area Liquid Corporates Sustainable, while EMIG.DE tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.13% for 4UBF.DE and 0.45% for EMIG.DE.
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