CSY2.DE vs. UC99.L

Last updated Jul 21, 2026

CSY2.DE (CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD) and UC99.L (UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis) are both Large Cap Blend Equities funds - CSY2.DE tracks the MSCI USA ESG Leaders while UC99.L tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, CSY2.DE returned 13.48%/yr vs 13.04%/yr for UC99.L. Their correlation of 0.86 suggests significant overlap in exposure. CSY2.DE charges 0.10%/yr vs 0.25%/yr for UC99.L.

Performance

CSY2.DE vs. UC99.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD (CSY2.DE) and UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CSY2.DE is traded in EUR, while UC99.L is traded in GBp. To make them comparable, the UC99.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CSY2.DE achieves a 11.44% return, which is significantly lower than UC99.L's 13.80% return.

CSY2.DE

• 1D: 0.58%
• 1M: 0.44%
• 6M: 10.76%
• YTD: 11.44%
• 1Y: 22.74%
• 3Y*: 18.51%
• 5Y*: 13.48%
• 10Y*: —
• ALL TIME*: 16.36%

UC99.L

• 1D: -0.09%
• 1M: 1.73%
• 6M: 12.89%
• YTD: 13.80%
• 1Y: 26.33%
• 3Y*: 18.21%
• 5Y*: 13.04%
• 10Y*: 15.54%
• ALL TIME*: 15.75%

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

CSY2.DE vs. UC99.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CSY2.DE CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD	11.44%	6.30%	30.42%	25.14%	-16.59%	44.53%	12.20%
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis	13.80%	3.53%	29.50%	31.56%	-18.82%	38.28%	36.43%

Correlation

The correlation between CSY2.DE and UC99.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Mar 16, 2020	0.86

The correlation between CSY2.DE and UC99.L has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

Return for Risk

CSY2.DE vs. UC99.L — Risk / Return Rank

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

CSY2.DE

CSY2.DE Risk / Return Rank: 71
CSY2.DE Sharpe Ratio Rank: 76
CSY2.DE Sortino Ratio Rank: 73
CSY2.DE Omega Ratio Rank: 73
CSY2.DE Calmar Ratio Rank: 67
CSY2.DE Martin Ratio Rank: 67

UC99.L

UC99.L Risk / Return Rank: 75
UC99.L Sharpe Ratio Rank: 79
UC99.L Sortino Ratio Rank: 79
UC99.L Omega Ratio Rank: 77
UC99.L Calmar Ratio Rank: 69
UC99.L Martin Ratio Rank: 70

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.

CSY2.DE vs. UC99.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD (CSY2.DE) and UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CSY2.DE	UC99.L	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.02	-0.21
Sortino ratio: Return per unit of downside risk	2.48	2.82	-0.34
Omega ratio: Gain probability vs. loss probability	1.32	1.36	-0.04
Calmar ratio: Return relative to maximum drawdown	2.48	2.78	-0.30
Martin ratio: Return relative to average drawdown	8.68	10.01	-1.32

CSY2.DE vs. UC99.L - Sharpe Ratio Comparison

The current CSY2.DE Sharpe Ratio is 1.80, which is comparable to the UC99.L Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of CSY2.DE and UC99.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.

Drawdowns

CSY2.DE vs. UC99.L - Drawdown Comparison

The maximum CSY2.DE drawdown since its inception was -24.56%, smaller than the maximum UC99.L drawdown of -29.76%. Use the drawdown chart below to compare losses from any high point for CSY2.DE and UC99.L.

Drawdown Indicators

	CSY2.DE	UC99.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.56%	-29.76%	+5.20%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-9.43%	+0.29%
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	-24.23%	-0.33%
Max Drawdown (5Y) Largest decline over 5 years	-24.56%	-24.23%	-0.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.76%	—
Current Drawdown Current decline from peak	-1.17%	-1.20%	+0.03%
Average Drawdown Average peak-to-trough decline	-4.72%	-4.95%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.62%	-0.01%

Volatility

CSY2.DE vs. UC99.L - Volatility Comparison

The current volatility for CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD (CSY2.DE) is 3.30%, while UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.L) has a volatility of 3.67%. This indicates that CSY2.DE experiences smaller price fluctuations and is considered to be less risky than UC99.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSY2.DE	UC99.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	3.67%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	8.77%	9.19%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	13.03%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	16.87%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	16.99%	+1.43%

CSY2.DE vs. UC99.L - Expense Ratio Comparison

CSY2.DE has a 0.10% expense ratio, which is lower than UC99.L's 0.25% 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

CSY2.DE vs. UC99.L - Dividend Comparison

CSY2.DE has not paid dividends to shareholders, while UC99.L's dividend yield for the trailing twelve months is around 0.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CSY2.DE CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis	0.41%	0.46%	0.67%	0.85%	0.79%	0.78%	0.98%	0.78%	1.27%	0.93%	1.00%

Frequently Asked Questions

Can I hold both CSY2.DE and UC99.L in my portfolio?

CSY2.DE and UC99.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSY2.DE or UC99.L?

On fees, CSY2.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSY2.DE or UC99.L?

CSY2.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for UC99.L.

What is the main difference between CSY2.DE and UC99.L?

CSY2.DE tracks MSCI USA ESG Leaders, while UC99.L tracks Russell 1000 TR USD. They also come from different issuers: Credit Suisse and UBS. Their fees differ too: 0.10% for CSY2.DE and 0.25% for UC99.L.