AW1H.DE vs. UIQ4.DE

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc (AW1H.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE).

AW1H.DE and UIQ4.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AW1H.DE is a passively managed fund by UBS that tracks the performance of the MSCI EMU ESG Universal Low Carbon Select 5% Issuer Capped. It was launched on Jul 22, 2021. UIQ4.DE is a passively managed fund by UBS that tracks the performance of the Euro Equity Defensive Put Write Index. It was launched on Jun 27, 2016. Both AW1H.DE and UIQ4.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AW1H.DE vs. UIQ4.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc (AW1H.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE). The values are adjusted to include any dividend payments, if applicable.

AW1H.DE vs. UIQ4.DE - Yearly Performance Comparison

	2026 (YTD)	2025
AW1H.DE UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc	-1.82%	8.58%
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.12%	6.38%

Returns By Period

In the year-to-date period, AW1H.DE achieves a -1.82% return, which is significantly lower than UIQ4.DE's 0.12% return.

AW1H.DE

• 1D: 2.92%
• 1M: -4.54%
• YTD: -1.82%
• 6M: 2.87%
• 1Y: 12.56%
• 3Y*: 12.47%
• 5Y*: —
• 10Y*: —

UIQ4.DE

• 1D: 1.19%
• 1M: -0.67%
• YTD: 0.12%
• 6M: 3.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AW1H.DE vs. UIQ4.DE - Expense Ratio Comparison

AW1H.DE has a 0.12% expense ratio, which is lower than UIQ4.DE's 0.21% 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%.

UIQ4.DE

UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc

AW1H.DE

UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc

Return for Risk

AW1H.DE vs. UIQ4.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AW1H.DE

AW1H.DE Risk / Return Rank: 37
AW1H.DE Sharpe Ratio Rank: 36
AW1H.DE Sortino Ratio Rank: 35
AW1H.DE Omega Ratio Rank: 36
AW1H.DE Calmar Ratio Rank: 38
AW1H.DE Martin Ratio Rank: 39

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.

AW1H.DE vs. UIQ4.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc (AW1H.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.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.

	AW1H.DE	UIQ4.DE	Difference
Sharpe ratio Return per unit of total volatility	0.76	—	—
Sortino ratio Return per unit of downside risk	1.09	—	—
Omega ratio Gain probability vs. loss probability	1.16	—	—
Calmar ratio Return relative to maximum drawdown	1.17	—	—
Martin ratio Return relative to average drawdown	4.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AW1H.DE	UIQ4.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.11	-0.66

Correlation

The correlation between AW1H.DE and UIQ4.DE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AW1H.DE vs. UIQ4.DE - Dividend Comparison

Neither AW1H.DE nor UIQ4.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AW1H.DE vs. UIQ4.DE - Drawdown Comparison

The maximum AW1H.DE drawdown since its inception was -26.23%, which is greater than UIQ4.DE's maximum drawdown of -3.90%. Use the drawdown chart below to compare losses from any high point for AW1H.DE and UIQ4.DE.

Drawdown Indicators

	AW1H.DE	UIQ4.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.23%	-3.90%	-22.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.99%	—	—
Current Drawdown Current decline from peak	-7.02%	-1.53%	-5.49%
Average Drawdown Average peak-to-trough decline	-5.87%	-0.88%	-4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	—	—

Volatility

Volatility by Period

	AW1H.DE	UIQ4.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	7.24%	+9.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	7.24%	+9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	7.24%	+9.41%