IBCK.DE vs. UBU9.DE
IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) and UBU9.DE (UBS Core S&P 500 UCITS ETF USD dis) are both S&P 500 funds - IBCK.DE tracks the S&P 500 Minimum Volatility while UBU9.DE tracks the S&P 500. Both are passively managed. Over the past 10 years, IBCK.DE returned 10.32%/yr vs 14.73%/yr for UBU9.DE. Their correlation of 0.90 suggests significant overlap in exposure. IBCK.DE charges 0.20%/yr vs 0.03%/yr for UBU9.DE.
Performance
IBCK.DE vs. UBU9.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCK.DE achieves a 5.14% return, which is significantly lower than UBU9.DE's 11.29% return. Over the past 10 years, IBCK.DE has underperformed UBU9.DE with an annualized return of 10.32%, while UBU9.DE has yielded a comparatively higher 14.73% annualized return.
IBCK.DE
- 1D
- 0.27%
- 1M
- 4.61%
- YTD
- 5.14%
- 6M
- 5.32%
- 1Y
- 9.77%
- 3Y*
- 10.94%
- 5Y*
- 9.91%
- 10Y*
- 10.32%
UBU9.DE
- 1D
- -0.13%
- 1M
- 4.33%
- YTD
- 11.29%
- 6M
- 10.76%
- 1Y
- 25.48%
- 3Y*
- 18.75%
- 5Y*
- 14.63%
- 10Y*
- 14.73%
IBCK.DE vs. UBU9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCK.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) | 5.14% | -0.69% | 25.61% | 6.20% | -6.04% | 35.73% | -2.18% | 34.85% | -1.47% | 2.29% |
UBU9.DE UBS Core S&P 500 UCITS ETF USD dis | 11.29% | 4.68% | 32.18% | 22.24% | -14.31% | 40.34% | 6.45% | 34.24% | -1.39% | 6.52% |
Correlation
The correlation between IBCK.DE and UBU9.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2013 | 0.90 |
The correlation between IBCK.DE and UBU9.DE shifts across timeframes, from 0.77 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IBCK.DE vs. UBU9.DE — Risk / Return Rank
IBCK.DE
UBU9.DE
IBCK.DE vs. UBU9.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) and UBS Core S&P 500 UCITS ETF USD dis (UBU9.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.
| IBCK.DE | UBU9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.41 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 3.53 | -1.70 |
| Martin ratioReturn relative to average drawdown | 5.31 | 12.53 | -7.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBCK.DE | UBU9.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 2.20 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.95 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.91 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.94 | -0.05 |
Drawdowns
IBCK.DE vs. UBU9.DE - Drawdown Comparison
The maximum IBCK.DE drawdown since its inception was -33.11%, roughly equal to the maximum UBU9.DE drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for IBCK.DE and UBU9.DE.
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Drawdown Indicators
| IBCK.DE | UBU9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.11% | -33.82% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -5.08% | -7.19% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -17.55% | -23.30% | +5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.55% | -23.30% | +5.75% |
Max Drawdown (10Y)Largest decline over 10 years | -33.11% | -33.82% | +0.71% |
Current DrawdownCurrent decline from peak | -0.47% | -0.45% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -4.01% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.03% | -0.28% |
Volatility
IBCK.DE vs. UBU9.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) is 2.26%, while UBS Core S&P 500 UCITS ETF USD dis (UBU9.DE) has a volatility of 2.66%. This indicates that IBCK.DE experiences smaller price fluctuations and is considered to be less risky than UBU9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCK.DE | UBU9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 2.66% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 5.71% | 7.60% | -1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 11.55% | -2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.37% | 15.21% | -2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.02% | 16.10% | -2.08% |
IBCK.DE vs. UBU9.DE - Expense Ratio Comparison
IBCK.DE has a 0.20% expense ratio, which is higher than UBU9.DE's 0.03% 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
IBCK.DE vs. UBU9.DE - Dividend Comparison
IBCK.DE has not paid dividends to shareholders, while UBU9.DE's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCK.DE iShares Edge S&P 500 Minimum Volatility 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% |
UBU9.DE UBS Core S&P 500 UCITS ETF USD dis | 0.80% | 0.90% | 0.88% | 1.05% | 1.22% | 0.75% | 1.23% | 1.21% | 1.30% | 1.35% | 1.51% | 1.38% |
Frequently Asked Questions
IBCK.DE and UBU9.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBU9.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBU9.DE is cheaper with a 0.03% expense ratio, compared with 0.20% for IBCK.DE.
IBCK.DE tracks S&P 500 Minimum Volatility, while UBU9.DE tracks S&P 500. They also come from different issuers: iShares and UBS. Their fees differ too: 0.20% for IBCK.DE and 0.03% for UBU9.DE.
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