GMOV vs. UC07.L

Last updated Jun 24, 2026

GMOV (GMO U.S. Value ETF) and UC07.L (UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis) are both Large Cap Value Equities funds - GMOV tracks the MSCI USA Value (Gross) while UC07.L tracks the Russell 1000 Value TR USD. Both are passively managed. Over the past year, GMOV returned 23.59% vs 20.01% for UC07.L. A 0.55 correlation means they provide meaningful diversification when combined. GMOV charges 0.50%/yr vs 0.20%/yr for UC07.L.

Performance

GMOV vs. UC07.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Value ETF (GMOV) and UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GMOV is traded in USD, while UC07.L is traded in GBp. To make them comparable, the UC07.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with GMOV having a 9.39% return and UC07.L slightly lower at 9.13%.

GMOV

• 1D: 0.84%
• 1M: -1.39%
• YTD: 9.39%
• 6M: 8.82%
• 1Y: 23.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UC07.L

• 1D: -0.27%
• 1M: -0.13%
• YTD: 9.13%
• 6M: 9.07%
• 1Y: 20.01%
• 3Y*: 15.54%
• 5Y*: 9.44%
• 10Y*: 10.39%

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

GMOV vs. UC07.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GMOV GMO U.S. Value ETF	9.39%	14.81%	-1.63%
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	9.13%	13.98%	-3.27%

Correlation

The correlation between GMOV and UC07.L is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024	0.55

The correlation between GMOV and UC07.L has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.

Return for Risk

GMOV vs. UC07.L — Risk / Return Rank

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

GMOV

GMOV Risk / Return Rank: 76
GMOV Sharpe Ratio Rank: 74
GMOV Sortino Ratio Rank: 80
GMOV Omega Ratio Rank: 71
GMOV Calmar Ratio Rank: 81
GMOV Martin Ratio Rank: 75

UC07.L

UC07.L Risk / Return Rank: 85
UC07.L Sharpe Ratio Rank: 86
UC07.L Sortino Ratio Rank: 85
UC07.L Omega Ratio Rank: 84
UC07.L Calmar Ratio Rank: 84
UC07.L Martin Ratio Rank: 83

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.

GMOV vs. UC07.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Value ETF (GMOV) and UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.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.

	GMOV	UC07.L	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.08	+0.09
Sortino ratio: Return per unit of downside risk	3.21	3.08	+0.12
Omega ratio: Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio: Return relative to maximum drawdown	3.90	2.87	+1.03
Martin ratio: Return relative to average drawdown	12.96	11.30	+1.66

GMOV vs. UC07.L - Sharpe Ratio Comparison

The current GMOV Sharpe Ratio is 2.17, which is comparable to the UC07.L Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of GMOV and UC07.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

GMOV vs. UC07.L - Drawdown Comparison

The maximum GMOV drawdown since its inception was -16.71%, smaller than the maximum UC07.L drawdown of -41.64%. Use the drawdown chart below to compare losses from any high point for GMOV and UC07.L.

Drawdown Indicators

	GMOV	UC07.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-41.64%	+24.93%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-6.94%	+0.86%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.56%	—
Current Drawdown Current decline from peak	-1.81%	-1.42%	-0.39%
Average Drawdown Average peak-to-trough decline	-2.79%	-8.01%	+5.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	1.77%	+0.05%

Volatility

GMOV vs. UC07.L - Volatility Comparison

GMO U.S. Value ETF (GMOV) has a higher volatility of 3.29% compared to UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) at 2.59%. This indicates that GMOV's price experiences larger fluctuations and is considered to be riskier than UC07.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMOV	UC07.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	2.59%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	7.43%	6.93%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	9.59%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.86%	13.70%	+1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	15.36%	-0.50%

GMOV vs. UC07.L - Expense Ratio Comparison

GMOV has a 0.50% expense ratio, which is higher than UC07.L's 0.20% expense ratio.

Dividends

GMOV vs. UC07.L - Dividend Comparison

GMOV's dividend yield for the trailing twelve months is around 2.04%, more than UC07.L's 1.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMOV GMO U.S. Value ETF	2.04%	1.98%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	1.38%	2.05%	1.79%	2.05%	1.81%	1.59%	2.41%	2.08%	2.49%	2.01%	2.18%	2.25%

Frequently Asked Questions

Can I hold both GMOV and UC07.L in my portfolio?

GMOV and UC07.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMOV or UC07.L?

On fees, UC07.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GMOV or UC07.L?

UC07.L is cheaper with a 0.20% expense ratio, compared with 0.50% for GMOV.

What is the main difference between GMOV and UC07.L?

GMOV tracks MSCI USA Value (Gross), while UC07.L tracks Russell 1000 Value TR USD. They also come from different issuers: GMO and UBS. Their fees differ too: 0.50% for GMOV and 0.20% for UC07.L.