AW1C.DE vs. UETE.DE
AW1C.DE (UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc) and UETE.DE (UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc) are both exchange-traded funds - AW1C.DE is a S&P 500 fund tracking the S&P 500® ESG Elite, while UETE.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. Both are passively managed. Over the past 5 years, AW1C.DE returned 15.78%/yr vs 10.19%/yr for UETE.DE. A 0.51 correlation means they provide meaningful diversification when combined. AW1C.DE charges 0.15%/yr vs 0.24%/yr for UETE.DE.
Performance
AW1C.DE vs. UETE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AW1C.DE achieves a 21.11% return, which is significantly lower than UETE.DE's 34.13% return.
AW1C.DE
- 1D
- -0.12%
- 1M
- 10.22%
- YTD
- 21.11%
- 6M
- 22.20%
- 1Y
- 39.06%
- 3Y*
- 21.18%
- 5Y*
- 15.78%
- 10Y*
- —
UETE.DE
- 1D
- -1.52%
- 1M
- 6.56%
- YTD
- 34.13%
- 6M
- 35.13%
- 1Y
- 59.19%
- 3Y*
- 24.18%
- 5Y*
- 10.19%
- 10Y*
- —
AW1C.DE vs. UETE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW1C.DE UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc | 21.11% | 6.94% | 24.89% | 24.93% | -14.50% | 30.17% |
UETE.DE UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc | 34.13% | 21.00% | 16.13% | 2.60% | -15.05% | 2.29% |
Correlation
The correlation between AW1C.DE and UETE.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021 | 0.51 |
The correlation between AW1C.DE and UETE.DE shifts across timeframes, from 0.51 (all time) to 0.69 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AW1C.DE vs. UETE.DE — Risk / Return Rank
AW1C.DE
UETE.DE
AW1C.DE vs. UETE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc (AW1C.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.
| AW1C.DE | UETE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.51 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.82 | -1.49 |
| Martin ratioReturn relative to average drawdown | 4.43 | 9.11 | -4.68 |
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
| AW1C.DE | UETE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.16 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.50 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.47 | +0.45 |
Drawdowns
AW1C.DE vs. UETE.DE - Drawdown Comparison
The maximum AW1C.DE drawdown since its inception was -22.40%, smaller than the maximum UETE.DE drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for AW1C.DE and UETE.DE.
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Drawdown Indicators
| AW1C.DE | UETE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.40% | -36.83% | +14.43% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -15.70% | -1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -22.40% | -20.20% | -2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -22.40% | -23.75% | +1.35% |
Current DrawdownCurrent decline from peak | -0.12% | -2.50% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -10.85% | +5.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.90% | 6.60% | +2.30% |
Volatility
AW1C.DE vs. UETE.DE - Volatility Comparison
The current volatility for UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc (AW1C.DE) is 3.81%, while UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (USD) Acc (UETE.DE) has a volatility of 8.58%. This indicates that AW1C.DE experiences smaller price fluctuations and is considered to be less risky 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
| AW1C.DE | UETE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.81% | 8.58% | -4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.14% | 15.80% | -6.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.24% | 27.86% | -2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 20.18% | -1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.11% | 21.88% | -3.77% |
AW1C.DE vs. UETE.DE - Expense Ratio Comparison
AW1C.DE has a 0.15% expense ratio, which is lower than UETE.DE's 0.24% 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
AW1C.DE vs. UETE.DE - Dividend Comparison
Neither AW1C.DE nor UETE.DE has paid dividends to shareholders.
Frequently Asked Questions
AW1C.DE and UETE.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW1C.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW1C.DE is cheaper with a 0.15% expense ratio, compared with 0.24% for UETE.DE.
AW1C.DE is categorized as S&P 500, while UETE.DE is Emerging Markets Equities. AW1C.DE tracks S&P 500® ESG Elite, while UETE.DE tracks MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. Their fees differ too: 0.15% for AW1C.DE and 0.24% for UETE.DE.
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