5MVL.DE vs. UETE.DE
5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) and UETE.DE (UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc) are both Emerging Markets Equities funds - 5MVL.DE tracks the MSCI Emerging Markets Select Value Factor Focus while UETE.DE tracks the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. Both are passively managed. Over the past 5 years, 5MVL.DE returned 17.14%/yr vs 9.62%/yr for UETE.DE. Their correlation of 0.83 suggests significant overlap in exposure. 5MVL.DE charges 0.40%/yr vs 0.24%/yr for UETE.DE.
Performance
5MVL.DE vs. UETE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 5MVL.DE achieves a 45.16% return, which is significantly higher than UETE.DE's 35.33% return.
5MVL.DE
- 1D
- 0.92%
- 1M
- 1.98%
- YTD
- 45.16%
- 6M
- 47.98%
- 1Y
- 73.89%
- 3Y*
- 34.16%
- 5Y*
- 17.14%
- 10Y*
- —
UETE.DE
- 1D
- -0.29%
- 1M
- 2.07%
- YTD
- 35.33%
- 6M
- 37.80%
- 1Y
- 55.15%
- 3Y*
- 25.08%
- 5Y*
- 9.62%
- 10Y*
- —
5MVL.DE vs. UETE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 45.16% | 27.25% | 21.00% | 14.59% | -10.56% | 13.09% | -2.40% | 14.09% |
UETE.DE UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc | 35.33% | 21.01% | 16.13% | 2.59% | -15.04% | 7.14% | 5.67% | -5.92% |
Correlation
The correlation between 5MVL.DE and UETE.DE is 0.88, 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 | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2019 | 0.83 |
The correlation between 5MVL.DE and UETE.DE has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.
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Return for Risk
5MVL.DE vs. UETE.DE — Risk / Return Rank
5MVL.DE
UETE.DE
5MVL.DE vs. UETE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc (UETE.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.
| 5MVL.DE | UETE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.49 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 7.55 | 5.82 | +1.73 |
| Martin ratioReturn relative to average drawdown | 23.11 | 18.90 | +4.22 |
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Drawdowns
5MVL.DE vs. UETE.DE - Drawdown Comparison
The maximum 5MVL.DE drawdown since its inception was -32.22%, smaller than the maximum UETE.DE drawdown of -39.65%. Use the drawdown chart below to compare losses from any high point for 5MVL.DE and UETE.DE.
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Drawdown Indicators
| 5MVL.DE | UETE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.22% | -39.65% | +7.43% |
Max Drawdown (1Y)Largest decline over 1 year | -9.73% | -9.43% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -20.18% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -20.60% | -23.78% | +3.18% |
Current DrawdownCurrent decline from peak | -4.63% | -4.98% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -6.62% | -11.50% | +4.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 2.91% | +0.28% |
Volatility
5MVL.DE vs. UETE.DE - Volatility Comparison
iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a higher volatility of 10.52% compared to UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc (UETE.DE) at 8.44%. This indicates that 5MVL.DE's price experiences larger fluctuations and is considered to be riskier than UETE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5MVL.DE | UETE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 8.44% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 18.15% | 17.29% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.93% | 19.99% | +0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 18.32% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.46% | 21.08% | -1.62% |
5MVL.DE vs. UETE.DE - Expense Ratio Comparison
5MVL.DE has a 0.40% expense ratio, which is higher than UETE.DE's 0.24% expense ratio.
Dividends
5MVL.DE vs. UETE.DE - Dividend Comparison
Neither 5MVL.DE nor UETE.DE has paid dividends to shareholders.
Frequently Asked Questions
5MVL.DE and UETE.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UETE.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETE.DE is cheaper with a 0.24% expense ratio, compared with 0.40% for 5MVL.DE.
5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus, while UETE.DE tracks MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. They also come from different issuers: iShares and UBS. Their fees differ too: 0.40% for 5MVL.DE and 0.24% for UETE.DE.
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