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CHTE.L vs. UC44.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHTE.L vs. UC44.L

Last updated Jun 5, 2026

CHTE.L (UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc) and UC44.L (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - CHTE.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while UC44.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, CHTE.L returned 9.00%/yr vs 14.50%/yr for UC44.L. At a 0.29 correlation, their price movements are largely independent. CHTE.L charges 0.47%/yr vs 0.22%/yr for UC44.L.

Performance

CHTE.L vs. UC44.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CHTE.L achieves a -6.46% return, which is significantly lower than UC44.L's 9.19% return.

CHTE.L

1D
-0.73%
1M
-0.78%
YTD
-6.46%
6M
-9.87%
1Y
3.36%
3Y*
9.00%
5Y*
—
10Y*
—

UC44.L

1D
0.39%
1M
6.87%
YTD
9.19%
6M
9.44%
1Y
20.96%
3Y*
14.50%
5Y*
10.84%
10Y*
13.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHTE.L vs. UC44.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
CHTE.L
UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc		-6.46%32.47%12.40%-15.02%-21.59%
UC44.L
UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis		9.19%5.87%18.30%22.09%-9.58%

Correlation

The correlation between CHTE.L and UC44.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Jan 20, 2022

0.29

The correlation between CHTE.L and UC44.L shifts across timeframes, from 0.29 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.

CHTE.L vs. UC44.L - Sectors Allocation Comparison

Sectors
CHTE.L
UC44.L

Technology

32.1%
36.3%

Consumer Cyclical

28.7%
10.9%

Communication Services

21.8%
3.9%

Healthcare

12.0%
8.9%

Industrials

4.8%
12.0%

Financial Services

0.6%
16.1%

Basic Materials

-

3.0%

Consumer Defensive

-

5.5%

Energy

-

0.0%

Real Estate

-

2.5%

Utilities

-

0.9%

Technology

CHTE.L
32.1%
UC44.L
36.3%

Consumer Cyclical

CHTE.L
28.7%
UC44.L
10.9%

Communication Services

CHTE.L
21.8%
UC44.L
3.9%

Healthcare

CHTE.L
12.0%
UC44.L
8.9%

Industrials

CHTE.L
4.8%
UC44.L
12.0%

Financial Services

CHTE.L
0.6%
UC44.L
16.1%

Basic Materials

CHTE.L

-

UC44.L
3.0%

Consumer Defensive

CHTE.L

-

UC44.L
5.5%

Energy

CHTE.L

-

UC44.L
0.0%

Real Estate

CHTE.L

-

UC44.L
2.5%

Utilities

CHTE.L

-

UC44.L
0.9%

Compare stocks, funds, or ETFs

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UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc

UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis

Often compared with CHTE.L:
CHTE.L vs. CM5S.LCHTE.L vs. LEGR.LCHTE.L vs. UC63.LCHTE.L vs. GXLK.LCHTE.L vs. UC04.LCHTE.L vs. EUFM.LCHTE.L vs. UC15.L
Often compared with UC44.L:
UC44.L vs. SRIW.LUC44.L vs. V3AB.LUC44.L vs. VWRP.LUC44.L vs. ^GSPCUC44.L vs. SEMC.LUC44.L vs. EUFM.LUC44.L vs. UBTL.L

Return for Risk

CHTE.L vs. UC44.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHTE.L
CHTE.L Risk / Return Rank: 1111
Overall Rank
CHTE.L Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
CHTE.L Sortino Ratio Rank: 1111
Sortino Ratio Rank
CHTE.L Omega Ratio Rank: 1111
Omega Ratio Rank
CHTE.L Calmar Ratio Rank: 1111
Calmar Ratio Rank
CHTE.L Martin Ratio Rank: 1010
Martin Ratio Rank
UC44.L
UC44.L Risk / Return Rank: 5151
Overall Rank
UC44.L Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
UC44.L Sortino Ratio Rank: 5555
Sortino Ratio Rank
UC44.L Omega Ratio Rank: 5454
Omega Ratio Rank
UC44.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
UC44.L Martin Ratio Rank: 4747
Martin Ratio Rank
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.

CHTE.L vs. UC44.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.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.

CHTE.LUC44.LDifference
Sharpe ratioReturn per unit of total volatility
0.14
1.81

-1.68

Sortino ratioReturn per unit of downside risk
0.37
2.58

-2.21

Omega ratioGain probability vs. loss probability

1.04

1.33

-0.29

Calmar ratioReturn relative to maximum drawdown

0.13

2.17

-2.04

Martin ratioReturn relative to average drawdown

0.22

7.73

-7.50

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHTE.L vs. UC44.L - Sharpe Ratio Comparison

The current CHTE.L Sharpe Ratio is 0.14, which is lower than the UC44.L Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of CHTE.L and UC44.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.

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Sharpe Ratios by Period

CHTE.LUC44.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.14

1.81

-1.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.75

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.05

0.78

-0.83

Drawdowns

CHTE.L vs. UC44.L - Drawdown Comparison

The maximum CHTE.L drawdown since its inception was -45.52%, which is greater than UC44.L's maximum drawdown of -24.11%. Use the drawdown chart below to compare losses from any high point for CHTE.L and UC44.L.

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Drawdown Indicators

CHTE.LUC44.LDifference

Max Drawdown

Largest peak-to-trough decline

-45.52%

-24.11%

-21.41%

Max Drawdown (1Y)

Largest decline over 1 year

-26.34%

-9.61%

-16.73%

Max Drawdown (3Y)

Largest decline over 3 years

-31.31%

-20.15%

-11.16%

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.39%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.11%

—

Current Drawdown

Current decline from peak

-23.37%

0.00%

-23.37%

Average Drawdown

Average peak-to-trough decline

-23.18%

-4.52%

-18.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.05%

2.71%

+12.34%

Volatility

CHTE.L vs. UC44.L - Volatility Comparison

UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) has a higher volatility of 9.78% compared to UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L) at 3.13%. This indicates that CHTE.L's price experiences larger fluctuations and is considered to be riskier than UC44.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CHTE.LUC44.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.78%

3.13%

+6.65%

Volatility (6M)

Calculated over the trailing 6-month period

17.24%

8.72%

+8.52%

Volatility (1Y)

Calculated over the trailing 1-year period

24.38%

11.50%

+12.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.54%

14.43%

+24.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.54%

14.93%

+23.61%

CHTE.L vs. UC44.L - Expense Ratio Comparison

CHTE.L has a 0.47% expense ratio, which is higher than UC44.L's 0.22% expense ratio.

Dividends

CHTE.L vs. UC44.L - Dividend Comparison

CHTE.L has not paid dividends to shareholders, while UC44.L's dividend yield for the trailing twelve months is around 0.86%.

PositionTTM20252024202320222021202020192018201720162015
CHTE.L
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%0.00%0.00%0.00%0.00%
UC44.L
UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis		0.86%1.01%1.05%1.13%1.33%1.01%1.23%1.70%1.88%1.91%1.81%1.78%

Frequently Asked Questions

CHTE.L and UC44.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UC44.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UC44.L is cheaper with a 0.22% expense ratio, compared with 0.47% for CHTE.L.

CHTE.L is categorized as Technology Equities, while UC44.L is Global Equities. CHTE.L tracks MSCI World/Information Tech NR USD, while UC44.L tracks MSCI ACWI NR USD. Their fees differ too: 0.47% for CHTE.L and 0.22% for UC44.L.

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