D6RP.DE vs. UETW.DE

Last updated Jun 5, 2026

D6RP.DE (Deka MSCI World Climate Change ESG UCITS ETF) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds - D6RP.DE tracks the MSCI World Climate Change ESG Select while UETW.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, D6RP.DE returned 14.58%/yr vs 12.87%/yr for UETW.DE. With a 0.96 correlation, they move nearly in lockstep. D6RP.DE charges 0.26%/yr vs 0.10%/yr for UETW.DE.

Performance

D6RP.DE vs. UETW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka MSCI World Climate Change ESG UCITS ETF (D6RP.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with D6RP.DE having a 11.26% return and UETW.DE slightly lower at 10.95%.

D6RP.DE

• 1D: -0.24%
• 1M: 5.33%
• YTD: 11.26%
• 6M: 11.08%
• 1Y: 26.62%
• 3Y*: 19.96%
• 5Y*: 14.58%
• 10Y*: —

UETW.DE

• 1D: -0.01%
• 1M: 3.72%
• YTD: 10.95%
• 6M: 10.99%
• 1Y: 23.94%
• 3Y*: 17.68%
• 5Y*: 12.87%
• 10Y*: —

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

D6RP.DE vs. UETW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
D6RP.DE Deka MSCI World Climate Change ESG UCITS ETF	11.26%	6.56%	34.46%	27.65%	-19.59%	35.02%	12.21%
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc	10.95%	8.06%	26.50%	19.68%	-13.72%	32.17%	11.31%

Correlation

The correlation between D6RP.DE and UETW.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020	0.96

The correlation between D6RP.DE and UETW.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

D6RP.DE vs. UETW.DE — Risk / Return Rank

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

D6RP.DE

D6RP.DE Risk / Return Rank: 58
D6RP.DE Sharpe Ratio Rank: 60
D6RP.DE Sortino Ratio Rank: 60
D6RP.DE Omega Ratio Rank: 59
D6RP.DE Calmar Ratio Rank: 57
D6RP.DE Martin Ratio Rank: 56

UETW.DE

UETW.DE Risk / Return Rank: 71
UETW.DE Sharpe Ratio Rank: 66
UETW.DE Sortino Ratio Rank: 67
UETW.DE Omega Ratio Rank: 69
UETW.DE Calmar Ratio Rank: 74
UETW.DE Martin Ratio Rank: 77

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.

D6RP.DE vs. UETW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka MSCI World Climate Change ESG UCITS ETF (D6RP.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.

	D6RP.DE	UETW.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.17	-0.17
Sortino ratio: Return per unit of downside risk	2.76	3.02	-0.26
Omega ratio: Gain probability vs. loss probability	1.36	1.40	-0.05
Calmar ratio: Return relative to maximum drawdown	2.76	3.67	-0.91
Martin ratio: Return relative to average drawdown	9.69	14.61	-4.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

D6RP.DE vs. UETW.DE - Sharpe Ratio Comparison

The current D6RP.DE Sharpe Ratio is 1.99, which is comparable to the UETW.DE Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of D6RP.DE and UETW.DE, 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

	D6RP.DE	UETW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	2.17	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.91	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.85	+0.20

Drawdowns

D6RP.DE vs. UETW.DE - Drawdown Comparison

The maximum D6RP.DE drawdown since its inception was -23.89%, smaller than the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for D6RP.DE and UETW.DE.

Drawdown Indicators

	D6RP.DE	UETW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.89%	-33.72%	+9.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-6.47%	-3.16%
Max Drawdown (3Y) Largest decline over 3 years	-23.89%	-21.30%	-2.59%
Max Drawdown (5Y) Largest decline over 5 years	-23.89%	-21.30%	-2.59%
Current Drawdown Current decline from peak	-0.72%	-0.30%	-0.42%
Average Drawdown Average peak-to-trough decline	-5.13%	-4.63%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	1.63%	+1.12%

Volatility

D6RP.DE vs. UETW.DE - Volatility Comparison

Deka MSCI World Climate Change ESG UCITS ETF (D6RP.DE) has a higher volatility of 3.50% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.60%. This indicates that D6RP.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	D6RP.DE	UETW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	2.60%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	7.63%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	10.97%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	14.03%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.78%	16.11%	-0.33%

D6RP.DE vs. UETW.DE - Expense Ratio Comparison

D6RP.DE has a 0.26% expense ratio, which is higher than UETW.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

D6RP.DE vs. UETW.DE - Dividend Comparison

D6RP.DE's dividend yield for the trailing twelve months is around 0.69%, while UETW.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
D6RP.DE Deka MSCI World Climate Change ESG UCITS ETF	0.69%	0.79%	0.70%	1.04%	1.23%	0.79%	0.34%
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both D6RP.DE and UETW.DE in my portfolio?

With a correlation of 0.95, D6RP.DE and UETW.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, D6RP.DE or UETW.DE?

On fees, UETW.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, D6RP.DE or UETW.DE?

UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.26% for D6RP.DE.

What is the main difference between D6RP.DE and UETW.DE?

D6RP.DE tracks MSCI World Climate Change ESG Select, while UETW.DE tracks MSCI World. They also come from different issuers: Deka and UBS. Their fees differ too: 0.26% for D6RP.DE and 0.10% for UETW.DE.