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AUAD.L vs. UC44.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AUAD.L vs. UC44.L

Last updated Jun 5, 2026

AUAD.L (UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis) and UC44.L (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - AUAD.L is a Asia Pacific Equities fund tracking the MSCI Australia NR USD, while UC44.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, AUAD.L returned 6.87%/yr vs 10.84%/yr for UC44.L. A 0.51 correlation means they provide meaningful diversification when combined. AUAD.L charges 0.40%/yr vs 0.22%/yr for UC44.L.

Performance

AUAD.L vs. UC44.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AUAD.L achieves a 10.41% return, which is significantly higher than UC44.L's 9.19% return.

AUAD.L

1D
-0.77%
1M
-2.34%
YTD
10.41%
6M
11.27%
1Y
14.71%
3Y*
9.79%
5Y*
6.87%
10Y*
—

UC44.L

1D
0.39%
1M
4.78%
YTD
9.19%
6M
8.90%
1Y
21.05%
3Y*
14.50%
5Y*
10.84%
10Y*
13.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AUAD.L vs. UC44.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
AUAD.L
UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis		10.41%6.19%3.38%7.37%5.97%8.63%40.70%
UC44.L
UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis		9.19%5.87%18.30%22.09%-15.47%26.34%29.24%

Correlation

The correlation between AUAD.L and UC44.L is 0.52, 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

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2020

0.51

The correlation between AUAD.L and UC44.L has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

AUAD.L vs. UC44.L - Sectors Allocation Comparison

Sectors
AUAD.L
UC44.L

Financial Services

43.6%
16.1%

Basic Materials

23.0%
3.0%

Consumer Cyclical

6.1%
10.9%

Real Estate

5.0%
2.5%

Healthcare

4.9%
8.9%

Energy

4.5%
0.0%

Industrials

4.5%
12.0%

Consumer Defensive

3.6%
5.5%

Communication Services

2.0%
3.9%

Utilities

1.7%
0.9%

Technology

1.1%
36.3%

Financial Services

AUAD.L
43.6%
UC44.L
16.1%

Basic Materials

AUAD.L
23.0%
UC44.L
3.0%

Consumer Cyclical

AUAD.L
6.1%
UC44.L
10.9%

Real Estate

AUAD.L
5.0%
UC44.L
2.5%

Healthcare

AUAD.L
4.9%
UC44.L
8.9%

Energy

AUAD.L
4.5%
UC44.L
0.0%

Industrials

AUAD.L
4.5%
UC44.L
12.0%

Consumer Defensive

AUAD.L
3.6%
UC44.L
5.5%

Communication Services

AUAD.L
2.0%
UC44.L
3.9%

Utilities

AUAD.L
1.7%
UC44.L
0.9%

Technology

AUAD.L
1.1%
UC44.L
36.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis

UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis

Often compared with AUAD.L:
AUAD.L vs. IBC6.DEAUAD.L vs. PADV.LAUAD.L vs. HKOR.LAUAD.L vs. XKS2.LAUAD.L vs. MPXG.LAUAD.L vs. KRWL.LAUAD.L vs. LCAL.L
Often compared with UC44.L:
UC44.L vs. SRIW.LUC44.L vs. V3AB.LUC44.L vs. VWRP.LUC44.L vs. ^GSPCUC44.L vs. SEMC.LUC44.L vs. UBTL.LUC44.L vs. EUFM.L

Return for Risk

AUAD.L vs. UC44.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AUAD.L
AUAD.L Risk / Return Rank: 3434
Overall Rank
AUAD.L Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
AUAD.L Sortino Ratio Rank: 3535
Sortino Ratio Rank
AUAD.L Omega Ratio Rank: 3131
Omega Ratio Rank
AUAD.L Calmar Ratio Rank: 3838
Calmar Ratio Rank
AUAD.L Martin Ratio Rank: 3333
Martin Ratio Rank
UC44.L
UC44.L Risk / Return Rank: 5151
Overall Rank
UC44.L Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
UC44.L Sortino Ratio Rank: 5555
Sortino Ratio Rank
UC44.L Omega Ratio Rank: 5454
Omega Ratio Rank
UC44.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
UC44.L Martin Ratio Rank: 4747
Martin Ratio Rank
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.

AUAD.L vs. UC44.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L). 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.

AUAD.LUC44.LDifference
Sharpe ratioReturn per unit of total volatility
1.17
1.81

-0.64

Sortino ratioReturn per unit of downside risk
1.80
2.58

-0.78

Omega ratioGain probability vs. loss probability

1.21

1.33

-0.13

Calmar ratioReturn relative to maximum drawdown

1.83

2.17

-0.34

Martin ratioReturn relative to average drawdown

4.87

7.73

-2.86

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUAD.L vs. UC44.L - Sharpe Ratio Comparison

The current AUAD.L Sharpe Ratio is 1.17, which is lower than the UC44.L Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of AUAD.L and UC44.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AUAD.LUC44.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

1.81

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.75

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.97

0.78

+0.19

Drawdowns

AUAD.L vs. UC44.L - Drawdown Comparison

The maximum AUAD.L drawdown since its inception was -21.75%, smaller than the maximum UC44.L drawdown of -24.11%. Use the drawdown chart below to compare losses from any high point for AUAD.L and UC44.L.

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Drawdown Indicators

AUAD.LUC44.LDifference

Max Drawdown

Largest peak-to-trough decline

-21.75%

-24.11%

+2.36%

Max Drawdown (1Y)

Largest decline over 1 year

-8.32%

-9.61%

+1.29%

Max Drawdown (3Y)

Largest decline over 3 years

-21.75%

-20.15%

-1.60%

Max Drawdown (5Y)

Largest decline over 5 years

-21.75%

-22.39%

+0.64%

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.11%

—

Current Drawdown

Current decline from peak

-3.35%

0.00%

-3.35%

Average Drawdown

Average peak-to-trough decline

-5.07%

-4.52%

-0.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.12%

2.71%

+0.41%

Volatility

AUAD.L vs. UC44.L - Volatility Comparison

UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) has a higher volatility of 4.54% compared to UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L) at 3.13%. This indicates that AUAD.L's price experiences larger fluctuations and is considered to be riskier than UC44.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AUAD.LUC44.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.54%

3.13%

+1.41%

Volatility (6M)

Calculated over the trailing 6-month period

10.32%

8.72%

+1.60%

Volatility (1Y)

Calculated over the trailing 1-year period

13.01%

11.50%

+1.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.83%

14.43%

+2.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.33%

14.93%

+3.40%

AUAD.L vs. UC44.L - Expense Ratio Comparison

AUAD.L has a 0.40% expense ratio, which is higher than UC44.L's 0.22% expense ratio.

Dividends

AUAD.L vs. UC44.L - Dividend Comparison

AUAD.L's dividend yield for the trailing twelve months is around 2.91%, more than UC44.L's 0.86% yield.

PositionTTM20252024202320222021202020192018201720162015
AUAD.L
UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis		2.91%3.22%3.57%4.16%3.95%2.50%3.10%0.00%0.00%0.00%0.00%0.00%
UC44.L
UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis		0.86%1.01%1.05%1.13%1.33%1.01%1.23%1.70%1.88%1.91%1.81%1.78%

Frequently Asked Questions

AUAD.L and UC44.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UC44.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UC44.L is cheaper with a 0.22% expense ratio, compared with 0.40% for AUAD.L.

AUAD.L is categorized as Asia Pacific Equities, while UC44.L is Global Equities. AUAD.L tracks MSCI Australia NR USD, while UC44.L tracks MSCI ACWI NR USD. Their fees differ too: 0.40% for AUAD.L and 0.22% for UC44.L.

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