4UBH.DE vs. UETW.DE

Last updated Jun 5, 2026

4UBH.DE (UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (USD) Acc) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds from UBS - 4UBH.DE tracks the MSCI World SRI Low Carbon Select 5% Issuer Capped while UETW.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, 4UBH.DE returned 10.81%/yr vs 12.87%/yr for UETW.DE. Their correlation of 0.95 suggests significant overlap in exposure. 4UBH.DE charges 0.19%/yr vs 0.10%/yr for UETW.DE.

Performance

4UBH.DE vs. UETW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (USD) Acc (4UBH.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 4UBH.DE achieves a 9.92% return, which is significantly lower than UETW.DE's 10.95% return.

4UBH.DE

• 1D: 0.19%
• 1M: 4.60%
• YTD: 9.92%
• 6M: 10.00%
• 1Y: 17.98%
• 3Y*: 14.49%
• 5Y*: 10.81%
• 10Y*: —

UETW.DE

• 1D: -0.01%
• 1M: 3.72%
• YTD: 10.95%
• 6M: 10.99%
• 1Y: 23.94%
• 3Y*: 17.68%
• 5Y*: 12.87%
• 10Y*: —

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

4UBH.DE vs. UETW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
4UBH.DE UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (USD) Acc	9.92%	1.56%	23.21%	25.08%	-20.30%	31.51%
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc	10.95%	8.06%	26.50%	19.68%	-13.72%	25.87%

Correlation

The correlation between 4UBH.DE and UETW.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021	0.95

The correlation between 4UBH.DE and UETW.DE has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

4UBH.DE vs. UETW.DE — Risk / Return Rank

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

4UBH.DE

4UBH.DE Risk / Return Rank: 41
4UBH.DE Sharpe Ratio Rank: 41
4UBH.DE Sortino Ratio Rank: 41
4UBH.DE Omega Ratio Rank: 41
4UBH.DE Calmar Ratio Rank: 38
4UBH.DE Martin Ratio Rank: 41

UETW.DE

UETW.DE Risk / Return Rank: 71
UETW.DE Sharpe Ratio Rank: 66
UETW.DE Sortino Ratio Rank: 67
UETW.DE Omega Ratio Rank: 69
UETW.DE Calmar Ratio Rank: 74
UETW.DE Martin Ratio Rank: 77

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.

4UBH.DE vs. UETW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (USD) Acc (4UBH.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.

	4UBH.DE	UETW.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.17	-0.74
Sortino ratio: Return per unit of downside risk	2.08	3.02	-0.94
Omega ratio: Gain probability vs. loss probability	1.26	1.40	-0.14
Calmar ratio: Return relative to maximum drawdown	1.85	3.67	-1.82
Martin ratio: Return relative to average drawdown	6.41	14.61	-8.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

4UBH.DE vs. UETW.DE - Sharpe Ratio Comparison

The current 4UBH.DE Sharpe Ratio is 1.43, which is lower than the UETW.DE Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of 4UBH.DE and UETW.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.

Sharpe Ratios by Period

	4UBH.DE	UETW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	2.17	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.91	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.85	-0.07

Drawdowns

4UBH.DE vs. UETW.DE - Drawdown Comparison

The maximum 4UBH.DE drawdown since its inception was -23.65%, smaller than the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for 4UBH.DE and UETW.DE.

Drawdown Indicators

	4UBH.DE	UETW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-33.72%	+10.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.61%	-6.47%	-3.14%
Max Drawdown (3Y) Largest decline over 3 years	-22.46%	-21.30%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	-23.65%	-21.30%	-2.35%
Current Drawdown Current decline from peak	0.00%	-0.30%	+0.30%
Average Drawdown Average peak-to-trough decline	-6.97%	-4.63%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	1.63%	+1.16%

Volatility

4UBH.DE vs. UETW.DE - Volatility Comparison

UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (USD) Acc (4UBH.DE) has a higher volatility of 3.03% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.60%. This indicates that 4UBH.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4UBH.DE	UETW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	2.60%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	9.19%	7.63%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	12.45%	10.97%	+1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	14.03%	+1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.20%	16.11%	-0.91%

4UBH.DE vs. UETW.DE - Expense Ratio Comparison

4UBH.DE has a 0.19% expense ratio, which is higher than UETW.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

4UBH.DE vs. UETW.DE - Dividend Comparison

Neither 4UBH.DE nor UETW.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 4UBH.DE and UETW.DE in my portfolio?

With a correlation of 0.92, 4UBH.DE and UETW.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, 4UBH.DE or UETW.DE?

On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 4UBH.DE or UETW.DE?

UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.19% for 4UBH.DE.

What is the main difference between 4UBH.DE and UETW.DE?

4UBH.DE tracks MSCI World SRI Low Carbon Select 5% Issuer Capped, while UETW.DE tracks MSCI World. Their fees differ too: 0.19% for 4UBH.DE and 0.10% for UETW.DE.