IEVD.DE vs. UIC2.DE
IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) and UIC2.DE (UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc) are both Technology Equities funds - IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology while UIC2.DE tracks the Solactive China Technology. Both are passively managed. Over the past 5 years, IEVD.DE returned 13.50%/yr vs -8.06%/yr for UIC2.DE. At a 0.50 correlation, their price movements are largely independent. IEVD.DE charges 0.40%/yr vs 0.47%/yr for UIC2.DE.
Performance
IEVD.DE vs. UIC2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IEVD.DE achieves a 58.66% return, which is significantly higher than UIC2.DE's -6.51% return.
IEVD.DE
- 1D
- -1.86%
- 1M
- 18.11%
- YTD
- 58.66%
- 6M
- 57.41%
- 1Y
- 88.40%
- 3Y*
- 23.68%
- 5Y*
- 13.50%
- 10Y*
- —
UIC2.DE
- 1D
- -0.65%
- 1M
- -2.18%
- YTD
- -6.51%
- 6M
- -10.21%
- 1Y
- 0.15%
- 3Y*
- 8.94%
- 5Y*
- -8.06%
- 10Y*
- —
IEVD.DE vs. UIC2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.66% | 10.81% | 5.27% | 23.03% | -23.20% | 11.35% |
UIC2.DE UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc | -6.51% | 25.73% | 19.00% | -13.83% | -24.39% | -33.70% |
Correlation
The correlation between IEVD.DE and UIC2.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021 | 0.50 |
The correlation between IEVD.DE and UIC2.DE has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.
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Return for Risk
IEVD.DE vs. UIC2.DE — Risk / Return Rank
IEVD.DE
UIC2.DE
IEVD.DE vs. UIC2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) and UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.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.
| IEVD.DE | UIC2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.69 | ||
| Sortino ratioReturn per unit of downside risk | +3.34 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.04 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 0.02 | +4.15 |
| Martin ratioReturn relative to average drawdown | 9.74 | 0.04 | +9.70 |
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
| IEVD.DE | UIC2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.71 | 0.02 | +2.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | -0.21 | +0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | -0.24 | +0.85 |
Drawdowns
IEVD.DE vs. UIC2.DE - Drawdown Comparison
The maximum IEVD.DE drawdown since its inception was -42.37%, smaller than the maximum UIC2.DE drawdown of -63.35%. Use the drawdown chart below to compare losses from any high point for IEVD.DE and UIC2.DE.
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Drawdown Indicators
| IEVD.DE | UIC2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.37% | -63.35% | +20.98% |
Max Drawdown (1Y)Largest decline over 1 year | -21.18% | -30.64% | +9.46% |
Max Drawdown (3Y)Largest decline over 3 years | -30.23% | -30.66% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -30.39% | -63.26% | +32.87% |
Current DrawdownCurrent decline from peak | -1.86% | -39.60% | +37.74% |
Average DrawdownAverage peak-to-trough decline | -10.27% | -42.07% | +31.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.09% | 18.47% | -9.38% |
Volatility
IEVD.DE vs. UIC2.DE - Volatility Comparison
iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a higher volatility of 11.17% compared to UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) at 10.04%. This indicates that IEVD.DE's price experiences larger fluctuations and is considered to be riskier than UIC2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEVD.DE | UIC2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 10.04% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 19.50% | 17.36% | +2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.58% | 33.06% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.27% | 37.72% | -13.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 37.40% | -12.13% |
IEVD.DE vs. UIC2.DE - Expense Ratio Comparison
IEVD.DE has a 0.40% expense ratio, which is lower than UIC2.DE's 0.47% expense ratio.
Dividends
IEVD.DE vs. UIC2.DE - Dividend Comparison
Neither IEVD.DE nor UIC2.DE has paid dividends to shareholders.
Frequently Asked Questions
IEVD.DE and UIC2.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEVD.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEVD.DE is cheaper with a 0.40% expense ratio, compared with 0.47% for UIC2.DE.
IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology, while UIC2.DE tracks Solactive China Technology. They also come from different issuers: iShares and UBS. Their fees differ too: 0.40% for IEVD.DE and 0.47% for UIC2.DE.
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