4UBP.DE vs. IS0X.DE

Last updated Apr 3, 2026

Compare and contrast key facts about UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc (4UBP.DE) and iShares Global Corporate Bond UCITS ETF (IS0X.DE).

4UBP.DE and IS0X.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 4UBP.DE is a passively managed fund by UBS that tracks the performance of the Bloomberg MSCI Global Liquid Corporates Sustainable Bond. It was launched on Jun 24, 2020. IS0X.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate Corporate. It was launched on Sep 24, 2012. Both 4UBP.DE and IS0X.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

4UBP.DE vs. IS0X.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc (4UBP.DE) and iShares Global Corporate Bond UCITS ETF (IS0X.DE). The values are adjusted to include any dividend payments, if applicable.

4UBP.DE vs. IS0X.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
4UBP.DE UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc	0.81%	-2.18%	6.73%	5.80%	-13.17%	3.83%	-2.06%
IS0X.DE iShares Global Corporate Bond UCITS ETF	0.85%	-2.16%	7.10%	5.53%	-11.18%	4.80%	-2.08%

Returns By Period

The year-to-date returns for both investments are quite close, with 4UBP.DE having a 0.81% return and IS0X.DE slightly higher at 0.85%.

4UBP.DE

• 1D: 0.44%
• 1M: -0.83%
• YTD: 0.81%
• 6M: 0.88%
• 1Y: -0.43%
• 3Y*: 2.83%
• 5Y*: 0.33%
• 10Y*: —

IS0X.DE

• 1D: -13.31%
• 1M: -0.89%
• YTD: 0.85%
• 6M: 1.14%
• 1Y: -0.29%
• 3Y*: 3.01%
• 5Y*: 0.62%
• 10Y*: 2.02%

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

4UBP.DE vs. IS0X.DE - Expense Ratio Comparison

4UBP.DE has a 0.13% expense ratio, which is lower than IS0X.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IS0X.DE

iShares Global Corporate Bond UCITS ETF

4UBP.DE

UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc

Return for Risk

4UBP.DE vs. IS0X.DE — Risk / Return Rank

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

4UBP.DE

4UBP.DE Risk / Return Rank: 10
4UBP.DE Sharpe Ratio Rank: 10
4UBP.DE Sortino Ratio Rank: 8
4UBP.DE Omega Ratio Rank: 8
4UBP.DE Calmar Ratio Rank: 12
4UBP.DE Martin Ratio Rank: 12

IS0X.DE

IS0X.DE Risk / Return Rank: 12
IS0X.DE Sharpe Ratio Rank: 11
IS0X.DE Sortino Ratio Rank: 11
IS0X.DE Omega Ratio Rank: 14
IS0X.DE Calmar Ratio Rank: 11
IS0X.DE Martin Ratio Rank: 12

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.

4UBP.DE vs. IS0X.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc (4UBP.DE) and iShares Global Corporate Bond UCITS ETF (IS0X.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.

	4UBP.DE	IS0X.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.07	-0.01	-0.06
Sortino ratio Return per unit of downside risk	-0.05	0.14	-0.20
Omega ratio Gain probability vs. loss probability	0.99	1.04	-0.05
Calmar ratio Return relative to maximum drawdown	0.13	0.05	+0.07
Martin ratio Return relative to average drawdown	0.33	0.37	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

4UBP.DE vs. IS0X.DE - Sharpe Ratio Comparison

The current 4UBP.DE Sharpe Ratio is -0.07, which is lower than the IS0X.DE Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of 4UBP.DE and IS0X.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	4UBP.DE	IS0X.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.07	-0.01	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.05	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.30	-0.34

Correlation

The correlation between 4UBP.DE and IS0X.DE is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

4UBP.DE vs. IS0X.DE - Dividend Comparison

4UBP.DE has not paid dividends to shareholders, while IS0X.DE's dividend yield for the trailing twelve months is around 4.26%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
4UBP.DE UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IS0X.DE iShares Global Corporate Bond UCITS ETF	4.26%	4.22%	3.80%	3.35%	2.65%	2.03%	2.45%	2.68%	2.59%	2.64%	2.57%	2.61%

Drawdowns

4UBP.DE vs. IS0X.DE - Drawdown Comparison

The maximum 4UBP.DE drawdown since its inception was -15.13%, which is greater than IS0X.DE's maximum drawdown of -13.65%. Use the drawdown chart below to compare losses from any high point for 4UBP.DE and IS0X.DE.

Drawdown Indicators

	4UBP.DE	IS0X.DE	Difference
Max Drawdown Largest peak-to-trough decline	-15.13%	-13.65%	-1.48%
Max Drawdown (1Y) Largest decline over 1 year	-4.81%	-13.31%	+8.50%
Max Drawdown (5Y) Largest decline over 5 years	-15.13%	-13.31%	-1.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-13.65%	—
Current Drawdown Current decline from peak	-4.41%	-13.31%	+8.90%
Average Drawdown Average peak-to-trough decline	-6.80%	-4.62%	-2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.96%	-0.15%

Volatility

4UBP.DE vs. IS0X.DE - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (USD) Acc (4UBP.DE) is 1.58%, while iShares Global Corporate Bond UCITS ETF (IS0X.DE) has a volatility of 21.14%. This indicates that 4UBP.DE experiences smaller price fluctuations and is considered to be less risky than IS0X.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4UBP.DE	IS0X.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.58%	21.14%	-19.56%
Volatility (6M) Calculated over the trailing 6-month period	3.01%	20.88%	-17.87%
Volatility (1Y) Calculated over the trailing 1-year period	5.99%	21.59%	-15.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.56%	11.28%	-4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.50%	9.29%	-2.79%