ESGM.DE vs. UEF5.DE
ESGM.DE (Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF Acc) and UEF5.DE (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) are both Emerging Markets Equities funds - ESGM.DE tracks the MSCI Emerging Markets ESG Universal Select Business Screens while UEF5.DE tracks the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. Both are passively managed. Over the past 3 years, ESGM.DE returned 20.28%/yr vs 24.16%/yr for UEF5.DE. Their correlation of 0.93 suggests significant overlap in exposure. ESGM.DE charges 0.19%/yr vs 0.24%/yr for UEF5.DE.
Performance
ESGM.DE vs. UEF5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESGM.DE achieves a 29.14% return, which is significantly lower than UEF5.DE's 34.15% return.
ESGM.DE
- 1D
- -1.89%
- 1M
- 5.25%
- YTD
- 29.14%
- 6M
- 30.08%
- 1Y
- 49.72%
- 3Y*
- 20.28%
- 5Y*
- —
- 10Y*
- —
UEF5.DE
- 1D
- -1.52%
- 1M
- 6.86%
- YTD
- 34.15%
- 6M
- 35.47%
- 1Y
- 59.20%
- 3Y*
- 24.16%
- 5Y*
- 10.12%
- 10Y*
- 9.52%
ESGM.DE vs. UEF5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ESGM.DE Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF Acc | 29.14% | 18.22% | 12.10% | 5.50% | -14.87% | -3.89% |
UEF5.DE UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis | 34.15% | 21.04% | 15.43% | 3.76% | -15.31% | -3.25% |
Correlation
The correlation between ESGM.DE and UEF5.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021 | 0.93 |
The correlation between ESGM.DE and UEF5.DE has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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
ESGM.DE vs. UEF5.DE — Risk / Return Rank
ESGM.DE
UEF5.DE
ESGM.DE vs. UEF5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF Acc (ESGM.DE) and UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UEF5.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.
| ESGM.DE | UEF5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.55 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.69 | 6.29 | -1.61 |
| Martin ratioReturn relative to average drawdown | 17.49 | 21.83 | -4.34 |
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
| ESGM.DE | UEF5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.75 | 3.14 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.57 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.41 | +0.08 |
Drawdowns
ESGM.DE vs. UEF5.DE - Drawdown Comparison
The maximum ESGM.DE drawdown since its inception was -23.67%, smaller than the maximum UEF5.DE drawdown of -36.71%. Use the drawdown chart below to compare losses from any high point for ESGM.DE and UEF5.DE.
Loading charts...
Drawdown Indicators
| ESGM.DE | UEF5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.67% | -36.71% | +13.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.81% | -9.52% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.03% | -20.41% | +1.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.71% | — |
Current DrawdownCurrent decline from peak | -2.36% | -2.55% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -9.34% | -9.99% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 2.75% | +0.15% |
Volatility
ESGM.DE vs. UEF5.DE - Volatility Comparison
The current volatility for Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF Acc (ESGM.DE) is 7.41%, while UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UEF5.DE) has a volatility of 8.72%. This indicates that ESGM.DE experiences smaller price fluctuations and is considered to be less risky than UEF5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESGM.DE | UEF5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 8.72% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.79% | 15.86% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.41% | 19.10% | -0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 17.66% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 18.88% | -1.86% |
ESGM.DE vs. UEF5.DE - Expense Ratio Comparison
ESGM.DE has a 0.19% expense ratio, which is lower than UEF5.DE's 0.24% 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
ESGM.DE vs. UEF5.DE - Dividend Comparison
ESGM.DE has not paid dividends to shareholders, while UEF5.DE's dividend yield for the trailing twelve months is around 1.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESGM.DE Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF 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% |
UEF5.DE UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis | 1.58% | 2.19% | 1.73% | 2.36% | 2.19% | 1.32% | 1.89% | 2.00% | 2.16% | 2.00% | 2.30% | 1.65% |
Frequently Asked Questions
With a correlation of 0.91, ESGM.DE and UEF5.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.
On fees, ESGM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGM.DE is cheaper with a 0.19% expense ratio, compared with 0.24% for UEF5.DE.
ESGM.DE tracks MSCI Emerging Markets ESG Universal Select Business Screens, while UEF5.DE tracks MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. They also come from different issuers: Invesco and UBS. Their fees differ too: 0.19% for ESGM.DE and 0.24% for UEF5.DE.
Find the right allocation for ESGM.DE and UEF5.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