4UBQ.DE vs. UIMI.DE

Last updated Jun 26, 2026

4UBQ.DE (UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc) and UIMI.DE (UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis) are both exchange-traded funds - 4UBQ.DE is a S&P 500 fund tracking the S&P 500 ESG, while UIMI.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, 4UBQ.DE returned 14.96%/yr vs 8.45%/yr for UIMI.DE. A 0.52 correlation means they provide meaningful diversification when combined. 4UBQ.DE charges 0.10%/yr vs 0.18%/yr for UIMI.DE.

Performance

4UBQ.DE vs. UIMI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc (4UBQ.DE) and UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 4UBQ.DE achieves a 12.38% return, which is significantly lower than UIMI.DE's 29.16% return.

4UBQ.DE

• 1D: 0.00%
• 1M: 2.09%
• YTD: 12.38%
• 6M: 12.79%
• 1Y: 29.46%
• 3Y*: 19.25%
• 5Y*: 14.96%
• 10Y*: —

UIMI.DE

• 1D: 0.50%
• 1M: 2.41%
• YTD: 29.16%
• 6M: 31.10%
• 1Y: 48.56%
• 3Y*: 21.85%
• 5Y*: 8.45%
• 10Y*: 10.38%

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

4UBQ.DE vs. UIMI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
4UBQ.DE UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc	12.38%	5.39%	31.02%	24.03%	-13.92%	43.62%	7.99%
UIMI.DE UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis	29.16%	20.11%	13.22%	5.76%	-14.11%	4.18%	13.46%

Correlation

The correlation between 4UBQ.DE and UIMI.DE is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020	0.52

The correlation between 4UBQ.DE and UIMI.DE has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.

Return for Risk

4UBQ.DE vs. UIMI.DE — Risk / Return Rank

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

4UBQ.DE

4UBQ.DE Risk / Return Rank: 87
4UBQ.DE Sharpe Ratio Rank: 87
4UBQ.DE Sortino Ratio Rank: 88
4UBQ.DE Omega Ratio Rank: 87
4UBQ.DE Calmar Ratio Rank: 86
4UBQ.DE Martin Ratio Rank: 87

UIMI.DE

UIMI.DE Risk / Return Rank: 86
UIMI.DE Sharpe Ratio Rank: 88
UIMI.DE Sortino Ratio Rank: 84
UIMI.DE Omega Ratio Rank: 86
UIMI.DE Calmar Ratio Rank: 89
UIMI.DE Martin Ratio Rank: 86

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.

4UBQ.DE vs. UIMI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc (4UBQ.DE) and UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.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.

	4UBQ.DE	UIMI.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.49	2.52	-0.03
Sortino ratio: Return per unit of downside risk	3.45	3.28	+0.16
Omega ratio: Gain probability vs. loss probability	1.46	1.46	+0.01
Calmar ratio: Return relative to maximum drawdown	4.27	4.71	-0.44
Martin ratio: Return relative to average drawdown	16.39	16.14	+0.25

4UBQ.DE vs. UIMI.DE - Sharpe Ratio Comparison

The current 4UBQ.DE Sharpe Ratio is 2.49, which is comparable to the UIMI.DE Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of 4UBQ.DE and UIMI.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

4UBQ.DE vs. UIMI.DE - Drawdown Comparison

The maximum 4UBQ.DE drawdown since its inception was -23.35%, smaller than the maximum UIMI.DE drawdown of -47.57%. Use the drawdown chart below to compare losses from any high point for 4UBQ.DE and UIMI.DE.

Drawdown Indicators

	4UBQ.DE	UIMI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.35%	-47.57%	+24.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	-10.25%	+3.32%
Max Drawdown (3Y) Largest decline over 3 years	-23.35%	-19.74%	-3.61%
Max Drawdown (5Y) Largest decline over 5 years	-23.35%	-23.92%	+0.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.17%	-3.94%	+3.77%
Average Drawdown Average peak-to-trough decline	-3.96%	-18.15%	+14.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	3.00%	-1.20%

Volatility

4UBQ.DE vs. UIMI.DE - Volatility Comparison

The current volatility for UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc (4UBQ.DE) is 3.37%, while UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.DE) has a volatility of 8.78%. This indicates that 4UBQ.DE experiences smaller price fluctuations and is considered to be less risky than UIMI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4UBQ.DE	UIMI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	8.78%	-5.41%
Volatility (6M) Calculated over the trailing 6-month period	8.03%	16.70%	-8.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	19.16%	-7.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	17.07%	-1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.49%	18.37%	-2.88%

4UBQ.DE vs. UIMI.DE - Expense Ratio Comparison

4UBQ.DE has a 0.10% expense ratio, which is lower than UIMI.DE's 0.18% 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%.

Dividends

4UBQ.DE vs. UIMI.DE - Dividend Comparison

4UBQ.DE has not paid dividends to shareholders, while UIMI.DE's dividend yield for the trailing twelve months is around 1.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
4UBQ.DE UBS ETF (IE) S&P 500 ESG 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%
UIMI.DE UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis	1.67%	2.30%	2.10%	2.63%	2.91%	1.68%	1.82%	2.17%	2.03%	1.67%	2.54%	2.72%

Frequently Asked Questions

Can I hold both 4UBQ.DE and UIMI.DE in my portfolio?

4UBQ.DE and UIMI.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 4UBQ.DE or UIMI.DE?

On fees, 4UBQ.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, 4UBQ.DE or UIMI.DE?

4UBQ.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for UIMI.DE.

What is the main difference between 4UBQ.DE and UIMI.DE?

4UBQ.DE is categorized as S&P 500, while UIMI.DE is Emerging Markets Equities. 4UBQ.DE tracks S&P 500 ESG, while UIMI.DE tracks MSCI Emerging Markets. Their fees differ too: 0.10% for 4UBQ.DE and 0.18% for UIMI.DE.