AW10.DE vs. UEEH.DE
AW10.DE (UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc) and UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) are both Global Equities funds - AW10.DE tracks the MSCI World Climate Paris Aligned while UEEH.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, AW10.DE returned 12.14%/yr vs 5.98%/yr for UEEH.DE. A 0.63 correlation means they provide meaningful diversification when combined. AW10.DE charges 0.15%/yr vs 0.30%/yr for UEEH.DE.
Performance
AW10.DE vs. UEEH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AW10.DE achieves a 7.93% return, which is significantly higher than UEEH.DE's 1.54% return.
AW10.DE
- 1D
- 0.29%
- 1M
- 3.41%
- YTD
- 7.93%
- 6M
- 9.80%
- 1Y
- 16.96%
- 3Y*
- 16.77%
- 5Y*
- 12.14%
- 10Y*
- —
UEEH.DE
- 1D
- -0.04%
- 1M
- 1.51%
- YTD
- 1.54%
- 6M
- 1.62%
- 1Y
- -0.54%
- 3Y*
- 6.19%
- 5Y*
- 5.98%
- 10Y*
- —
AW10.DE vs. UEEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW10.DE UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc | 7.93% | 9.11% | 25.31% | 21.54% | -17.22% | 22.34% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.54% | -1.55% | 17.56% | 3.56% | -4.40% | 16.48% |
Correlation
The correlation between AW10.DE and UEEH.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.63 |
Over the past year, the correlation between AW10.DE and UEEH.DE has dropped to 0.32 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AW10.DE vs. UEEH.DE — Risk / Return Rank
AW10.DE
UEEH.DE
AW10.DE vs. UEEH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.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.
| AW10.DE | UEEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.00 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | -0.10 | +1.12 |
| Martin ratioReturn relative to average drawdown | 1.98 | -0.22 | +2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AW10.DE | UEEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | -0.07 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.59 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.65 | +0.07 |
Drawdowns
AW10.DE vs. UEEH.DE - Drawdown Comparison
The maximum AW10.DE drawdown since its inception was -19.92%, which is greater than UEEH.DE's maximum drawdown of -12.82%. Use the drawdown chart below to compare losses from any high point for AW10.DE and UEEH.DE.
Loading charts...
Drawdown Indicators
| AW10.DE | UEEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.92% | -12.82% | -7.10% |
Max Drawdown (1Y)Largest decline over 1 year | -16.56% | -5.49% | -11.07% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -12.82% | -4.76% |
Max Drawdown (5Y)Largest decline over 5 years | -19.92% | -12.82% | -7.10% |
Current DrawdownCurrent decline from peak | -5.44% | -6.93% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -4.41% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.55% | 2.52% | +6.03% |
Volatility
AW10.DE vs. UEEH.DE - Volatility Comparison
UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE) has a higher volatility of 3.47% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) at 2.62%. This indicates that AW10.DE's price experiences larger fluctuations and is considered to be riskier than UEEH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AW10.DE | UEEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 2.62% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 5.56% | +5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.57% | 7.88% | +16.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 10.11% | +7.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.95% | 10.26% | +6.69% |
AW10.DE vs. UEEH.DE - Expense Ratio Comparison
AW10.DE has a 0.15% expense ratio, which is lower than UEEH.DE's 0.30% expense ratio.
Dividends
AW10.DE vs. UEEH.DE - Dividend Comparison
AW10.DE has not paid dividends to shareholders, while UEEH.DE's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AW10.DE UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.45% | 1.49% | 1.59% | 1.76% | 1.70% | 1.37% |
Frequently Asked Questions
AW10.DE and UEEH.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW10.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW10.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for UEEH.DE.
AW10.DE tracks MSCI World Climate Paris Aligned, while UEEH.DE tracks MSCI World Minimum Volatility. They also come from different issuers: UBS and iShares. Their fees differ too: 0.15% for AW10.DE and 0.30% for UEEH.DE.
Find the right allocation for AW10.DE and UEEH.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer