AYEW.DE vs. UIC2.DE
AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) and UIC2.DE (UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc) are both Technology Equities funds - AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped while UIC2.DE tracks the Solactive China Technology. Both are passively managed. Over the past 5 years, AYEW.DE returned 21.48%/yr vs -8.06%/yr for UIC2.DE. At a 0.33 correlation, their price movements are largely independent. AYEW.DE charges 0.18%/yr vs 0.47%/yr for UIC2.DE.
Performance
AYEW.DE vs. UIC2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AYEW.DE achieves a 24.61% return, which is significantly higher than UIC2.DE's -6.51% return.
AYEW.DE
- 1D
- -1.67%
- 1M
- 15.12%
- YTD
- 24.61%
- 6M
- 23.38%
- 1Y
- 45.27%
- 3Y*
- 27.99%
- 5Y*
- 21.48%
- 10Y*
- —
UIC2.DE
- 1D
- -0.65%
- 1M
- -1.09%
- YTD
- -6.51%
- 6M
- -8.96%
- 1Y
- 0.73%
- 3Y*
- 8.94%
- 5Y*
- -8.06%
- 10Y*
- —
AYEW.DE vs. UIC2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 24.61% | 9.65% | 33.73% | 55.77% | -29.69% | 38.37% |
UIC2.DE UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc | -6.51% | 25.73% | 19.00% | -13.83% | -24.39% | -33.70% |
Correlation
The correlation between AYEW.DE and UIC2.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021 | 0.33 |
The correlation between AYEW.DE and UIC2.DE shifts across timeframes, from 0.28 (3 years) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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
AYEW.DE vs. UIC2.DE — Risk / Return Rank
AYEW.DE
UIC2.DE
AYEW.DE vs. UIC2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.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.
| AYEW.DE | UIC2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.23 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.04 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 0.02 | +2.98 |
| Martin ratioReturn relative to average drawdown | 8.00 | 0.04 | +7.96 |
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
| AYEW.DE | UIC2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 0.02 | +2.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | -0.21 | +1.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.02 | -0.24 | +1.26 |
Drawdowns
AYEW.DE vs. UIC2.DE - Drawdown Comparison
The maximum AYEW.DE drawdown since its inception was -31.36%, smaller than the maximum UIC2.DE drawdown of -63.35%. Use the drawdown chart below to compare losses from any high point for AYEW.DE and UIC2.DE.
Loading charts...
Drawdown Indicators
| AYEW.DE | UIC2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.36% | -63.35% | +31.99% |
Max Drawdown (1Y)Largest decline over 1 year | -14.98% | -30.64% | +15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -29.01% | -30.66% | +1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -30.10% | -63.26% | +33.16% |
Current DrawdownCurrent decline from peak | -2.13% | -39.60% | +37.47% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -42.07% | +34.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 18.47% | -12.83% |
Volatility
AYEW.DE vs. UIC2.DE - Volatility Comparison
The current volatility for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) is 6.77%, while UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) has a volatility of 10.04%. This indicates that AYEW.DE experiences smaller price fluctuations and is considered to be less risky than UIC2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AYEW.DE | UIC2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 10.04% | -3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 14.89% | 17.36% | -2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.98% | 33.06% | -13.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.77% | 37.72% | -14.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.48% | 37.40% | -13.92% |
AYEW.DE vs. UIC2.DE - Expense Ratio Comparison
AYEW.DE has a 0.18% expense ratio, which is lower than UIC2.DE's 0.47% expense ratio.
Dividends
AYEW.DE vs. UIC2.DE - Dividend Comparison
AYEW.DE's dividend yield for the trailing twelve months is around 0.25%, while UIC2.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.25% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
UIC2.DE UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AYEW.DE and UIC2.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.47% for UIC2.DE.
AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped, while UIC2.DE tracks Solactive China Technology. They also come from different issuers: iShares and UBS. Their fees differ too: 0.18% for AYEW.DE and 0.47% for UIC2.DE.
Find the right allocation for AYEW.DE and UIC2.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