CBS5.L vs. EUFM.L

Last updated Jun 5, 2026

CBS5.L (UBS ETF (LU) Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable UCITS ETF (USD) A-acc) and EUFM.L (UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc) are both exchange-traded funds - CBS5.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD, while EUFM.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 3 years, CBS5.L returned 2.47%/yr vs 15.42%/yr for EUFM.L. At a correlation of -0.09, they often move in opposite directions. CBS5.L charges 0.20%/yr vs 0.34%/yr for EUFM.L.

Performance

CBS5.L vs. EUFM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable UCITS ETF (USD) A-acc (CBS5.L) and UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBS5.L achieves a 0.50% return, which is significantly lower than EUFM.L's 6.74% return.

CBS5.L

• 1D: 0.08%
• 1M: 1.07%
• YTD: 0.50%
• 6M: 0.10%
• 1Y: 5.17%
• 3Y*: 2.47%
• 5Y*: —
• 10Y*: —

EUFM.L

• 1D: 0.21%
• 1M: 2.81%
• YTD: 6.74%
• 6M: 8.89%
• 1Y: 16.80%
• 3Y*: 15.42%
• 5Y*: 9.69%
• 10Y*: —

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

CBS5.L vs. EUFM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CBS5.L UBS ETF (LU) Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable UCITS ETF (USD) A-acc	0.50%	-0.23%	6.03%	0.27%	2.22%
EUFM.L UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc	6.74%	29.59%	3.25%	15.45%	0.79%

Correlation

The correlation between CBS5.L and EUFM.L is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	-0.09

Return for Risk

CBS5.L vs. EUFM.L — Risk / Return Rank

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

CBS5.L

CBS5.L Risk / Return Rank: 25
CBS5.L Sharpe Ratio Rank: 25
CBS5.L Sortino Ratio Rank: 26
CBS5.L Omega Ratio Rank: 24
CBS5.L Calmar Ratio Rank: 26
CBS5.L Martin Ratio Rank: 24

EUFM.L

EUFM.L Risk / Return Rank: 37
EUFM.L Sharpe Ratio Rank: 39
EUFM.L Sortino Ratio Rank: 37
EUFM.L Omega Ratio Rank: 41
EUFM.L Calmar Ratio Rank: 33
EUFM.L Martin Ratio Rank: 37

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.

CBS5.L vs. EUFM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable UCITS ETF (USD) A-acc (CBS5.L) and UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.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.

	CBS5.L	EUFM.L	Difference
Sharpe ratio: Return per unit of total volatility	0.88	1.36	-0.47
Sortino ratio: Return per unit of downside risk	1.36	1.90	-0.54
Omega ratio: Gain probability vs. loss probability	1.16	1.26	-0.11
Calmar ratio: Return relative to maximum drawdown	1.18	1.58	-0.40
Martin ratio: Return relative to average drawdown	3.05	5.69	-2.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBS5.L vs. EUFM.L - Sharpe Ratio Comparison

The current CBS5.L Sharpe Ratio is 0.88, which is lower than the EUFM.L Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of CBS5.L and EUFM.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.

Sharpe Ratios by Period

	CBS5.L	EUFM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.36	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.53	-0.26

Drawdowns

CBS5.L vs. EUFM.L - Drawdown Comparison

The maximum CBS5.L drawdown since its inception was -14.59%, smaller than the maximum EUFM.L drawdown of -30.14%. Use the drawdown chart below to compare losses from any high point for CBS5.L and EUFM.L.

Drawdown Indicators

	CBS5.L	EUFM.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	-30.14%	+15.55%
Max Drawdown (1Y) Largest decline over 1 year	-4.35%	-10.59%	+6.24%
Max Drawdown (3Y) Largest decline over 3 years	-8.03%	-11.90%	+3.87%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.86%	—
Current Drawdown Current decline from peak	-3.08%	-1.07%	-2.01%
Average Drawdown Average peak-to-trough decline	-6.29%	-5.19%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	2.95%	-1.26%

Volatility

CBS5.L vs. EUFM.L - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable UCITS ETF (USD) A-acc (CBS5.L) is 1.56%, while UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L) has a volatility of 4.00%. This indicates that CBS5.L experiences smaller price fluctuations and is considered to be less risky than EUFM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBS5.L	EUFM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.56%	4.00%	-2.44%
Volatility (6M) Calculated over the trailing 6-month period	4.28%	10.33%	-6.05%
Volatility (1Y) Calculated over the trailing 1-year period	5.82%	12.33%	-6.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.94%	14.53%	-6.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.94%	16.13%	-8.19%

CBS5.L vs. EUFM.L - Expense Ratio Comparison

CBS5.L has a 0.20% expense ratio, which is lower than EUFM.L's 0.34% expense ratio.

Dividends

CBS5.L vs. EUFM.L - Dividend Comparison

Neither CBS5.L nor EUFM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CBS5.L and EUFM.L in my portfolio?

CBS5.L and EUFM.L have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CBS5.L or EUFM.L?

On fees, CBS5.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CBS5.L or EUFM.L?

CBS5.L is cheaper with a 0.20% expense ratio, compared with 0.34% for EUFM.L.

What is the main difference between CBS5.L and EUFM.L?

CBS5.L is categorized as Corporate Bonds, while EUFM.L is Europe Equities. CBS5.L tracks Bloomberg US Corp Bond TR USD, while EUFM.L tracks MSCI EMU NR EUR. Their fees differ too: 0.20% for CBS5.L and 0.34% for EUFM.L.