ESGP.DE vs. UBUD.DE

Last updated Jul 16, 2026

ESGP.DE (Gold Miners Screened UCITS ETF) and UBUD.DE (UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist) are both Gold funds - ESGP.DE tracks the VettaFi Gold Miners Screened Index while UBUD.DE tracks the Solactive Global Pure Gold Miners. Both are passively managed. Over the past 3 years, ESGP.DE returned 10.79%/yr vs 38.76%/yr for UBUD.DE. At a 0.38 correlation, their price movements are largely independent. ESGP.DE charges 0.60%/yr vs 0.43%/yr for UBUD.DE.

Performance

ESGP.DE vs. UBUD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Gold Miners Screened UCITS ETF (ESGP.DE) and UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGP.DE achieves a 11.07% return, which is significantly higher than UBUD.DE's -16.87% return.

ESGP.DE

• 1D: 0.00%
• 1M: 3.62%
• 6M: 9.14%
• YTD: 11.07%
• 1Y: 15.42%
• 3Y*: 10.79%
• 5Y*: —
• 10Y*: —

UBUD.DE

• 1D: -2.87%
• 1M: -12.36%
• 6M: -23.02%
• YTD: -16.87%
• 1Y: 43.45%
• 3Y*: 38.76%
• 5Y*: 23.60%
• 10Y*: 10.73%

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

ESGP.DE vs. UBUD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ESGP.DE Gold Miners Screened UCITS ETF	11.07%	5.79%	12.94%	2.10%	-2.36%	2.90%
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist	-16.87%	144.78%	34.71%	5.73%	0.21%	6.49%

Correlation

The correlation between ESGP.DE and UBUD.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021	0.38

Return for Risk

ESGP.DE vs. UBUD.DE — Risk / Return Rank

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

ESGP.DE

ESGP.DE Risk / Return Rank: 50
ESGP.DE Sharpe Ratio Rank: 46
ESGP.DE Sortino Ratio Rank: 48
ESGP.DE Omega Ratio Rank: 43
ESGP.DE Calmar Ratio Rank: 61
ESGP.DE Martin Ratio Rank: 50

UBUD.DE

UBUD.DE Risk / Return Rank: 29
UBUD.DE Sharpe Ratio Rank: 29
UBUD.DE Sortino Ratio Rank: 30
UBUD.DE Omega Ratio Rank: 30
UBUD.DE Calmar Ratio Rank: 29
UBUD.DE Martin Ratio Rank: 25

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.

ESGP.DE vs. UBUD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gold Miners Screened UCITS ETF (ESGP.DE) and UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.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.

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.

	ESGP.DE	UBUD.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.34	0.89	+0.44
Sortino ratio: Return per unit of downside risk	2.00	1.39	+0.61
Omega ratio: Gain probability vs. loss probability	1.23	1.17	+0.06
Calmar ratio: Return relative to maximum drawdown	2.45	1.18	+1.27
Martin ratio: Return relative to average drawdown	6.94	2.76	+4.19

ESGP.DE vs. UBUD.DE - Sharpe Ratio Comparison

The current ESGP.DE Sharpe Ratio is 1.34, which is higher than the UBUD.DE Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of ESGP.DE and UBUD.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.

Drawdowns

ESGP.DE vs. UBUD.DE - Drawdown Comparison

The maximum ESGP.DE drawdown since its inception was -20.50%, smaller than the maximum UBUD.DE drawdown of -71.17%. Use the drawdown chart below to compare losses from any high point for ESGP.DE and UBUD.DE.

Drawdown Indicators

	ESGP.DE	UBUD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.50%	-71.17%	+50.67%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-36.54%	+30.23%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	-36.54%	+16.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.20%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.00%	—
Current Drawdown Current decline from peak	0.00%	-35.34%	+35.34%
Average Drawdown Average peak-to-trough decline	-5.23%	-37.24%	+32.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	15.72%	-13.49%

Volatility

ESGP.DE vs. UBUD.DE - Volatility Comparison

The current volatility for Gold Miners Screened UCITS ETF (ESGP.DE) is 2.19%, while UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) has a volatility of 15.03%. This indicates that ESGP.DE experiences smaller price fluctuations and is considered to be less risky than UBUD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGP.DE	UBUD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	15.03%	-12.84%
Volatility (6M) Calculated over the trailing 6-month period	9.02%	38.60%	-29.58%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	48.35%	-36.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.44%	36.49%	-22.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.44%	37.12%	-22.68%

ESGP.DE vs. UBUD.DE - Expense Ratio Comparison

ESGP.DE has a 0.60% expense ratio, which is higher than UBUD.DE's 0.43% expense ratio.

Dividends

ESGP.DE vs. UBUD.DE - Dividend Comparison

ESGP.DE has not paid dividends to shareholders, while UBUD.DE's dividend yield for the trailing twelve months is around 0.78%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGP.DE Gold Miners Screened UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist	0.78%	0.44%	0.61%	1.13%	1.20%	1.38%	0.50%	0.47%	0.56%	0.54%	0.47%	1.53%

Frequently Asked Questions

Can I hold both ESGP.DE and UBUD.DE in my portfolio?

ESGP.DE and UBUD.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGP.DE or UBUD.DE?

On fees, UBUD.DE is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGP.DE or UBUD.DE?

UBUD.DE is cheaper with a 0.43% expense ratio, compared with 0.60% for ESGP.DE.

What is the main difference between ESGP.DE and UBUD.DE?

ESGP.DE tracks VettaFi Gold Miners Screened Index, while UBUD.DE tracks Solactive Global Pure Gold Miners. They also come from different issuers: HANetf and UBS. Their fees differ too: 0.60% for ESGP.DE and 0.43% for UBUD.DE.