ASRW.DE vs. UBU7.DE
ASRW.DE (BNP Paribas Easy MSCI World ESG Filtered Min TE UCITS ETF USD Acc) and UBU7.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Dist) are both Global Equities funds - ASRW.DE tracks the MSCI World ESG Filtered Min TE while UBU7.DE tracks the MSCI World. Both are passively managed. Over the past 3 years, ASRW.DE returned 20.46%/yr vs 20.70%/yr for UBU7.DE. Their correlation of 0.89 suggests significant overlap in exposure. ASRW.DE charges 0.15%/yr vs 0.10%/yr for UBU7.DE.
Performance
ASRW.DE vs. UBU7.DE - Performance Comparison
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Different Trading Currencies
ASRW.DE is traded in USD, while UBU7.DE is traded in EUR. To make them comparable, the UBU7.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with ASRW.DE having a 9.41% return and UBU7.DE slightly higher at 9.53%.
ASRW.DE
- 1D
- 0.12%
- 1M
- 4.11%
- YTD
- 9.41%
- 6M
- 10.89%
- 1Y
- 25.63%
- 3Y*
- 20.46%
- 5Y*
- —
- 10Y*
- —
UBU7.DE
- 1D
- 0.10%
- 1M
- 4.14%
- YTD
- 9.53%
- 6M
- 10.98%
- 1Y
- 25.85%
- 3Y*
- 20.70%
- 5Y*
- 11.68%
- 10Y*
- 12.78%
ASRW.DE vs. UBU7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASRW.DE BNP Paribas Easy MSCI World ESG Filtered Min TE UCITS ETF USD Acc | 9.41% | 20.73% | 18.27% | 21.79% | 8.82% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 9.53% | 21.87% | 18.72% | 23.76% | 8.20% |
Correlation
The correlation between ASRW.DE and UBU7.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2022 | 0.89 |
The correlation between ASRW.DE and UBU7.DE has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
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Return for Risk
ASRW.DE vs. UBU7.DE — Risk / Return Rank
ASRW.DE
UBU7.DE
ASRW.DE vs. UBU7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World ESG Filtered Min TE UCITS ETF USD Acc (ASRW.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.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.
| ASRW.DE | UBU7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 3.01 | -0.03 |
| Martin ratioReturn relative to average drawdown | 12.66 | 12.92 | -0.26 |
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
| ASRW.DE | UBU7.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 2.21 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.54 | 0.78 | +0.76 |
Drawdowns
ASRW.DE vs. UBU7.DE - Drawdown Comparison
The maximum ASRW.DE drawdown since its inception was -16.82%, smaller than the maximum UBU7.DE drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for ASRW.DE and UBU7.DE.
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Drawdown Indicators
| ASRW.DE | UBU7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.82% | -34.32% | +17.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.56% | -8.55% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -17.94% | +1.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.32% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.46% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.02% | -4.34% | +2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.00% | +0.02% |
Volatility
ASRW.DE vs. UBU7.DE - Volatility Comparison
BNP Paribas Easy MSCI World ESG Filtered Min TE UCITS ETF USD Acc (ASRW.DE) has a higher volatility of 3.35% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) at 2.90%. This indicates that ASRW.DE's price experiences larger fluctuations and is considered to be riskier than UBU7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRW.DE | UBU7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 2.90% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 9.44% | 8.59% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 11.65% | +0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.04% | 15.49% | -1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.04% | 15.89% | -1.85% |
ASRW.DE vs. UBU7.DE - Expense Ratio Comparison
ASRW.DE has a 0.15% expense ratio, which is higher than UBU7.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
ASRW.DE vs. UBU7.DE - Dividend Comparison
ASRW.DE has not paid dividends to shareholders, while UBU7.DE's dividend yield for the trailing twelve months is around 1.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASRW.DE BNP Paribas Easy MSCI World ESG Filtered Min TE 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% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 1.13% | 1.43% | 1.22% | 1.31% | 1.52% | 0.90% | 1.28% | 1.54% | 1.43% | 1.58% | 2.00% | 1.62% |
Frequently Asked Questions
With a correlation of 0.93, ASRW.DE and UBU7.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.
On fees, UBU7.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBU7.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for ASRW.DE.
ASRW.DE tracks MSCI World ESG Filtered Min TE, while UBU7.DE tracks MSCI World. They also come from different issuers: BNP Paribas and UBS. Their fees differ too: 0.15% for ASRW.DE and 0.10% for UBU7.DE.
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