IQQI.DE vs. UETW.DE
IQQI.DE (iShares Global Infrastructure UCITS ETF) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds - IQQI.DE tracks the FTSE Global Core Infrastructure Index while UETW.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, IQQI.DE returned 7.31%/yr vs 12.32%/yr for UETW.DE. A 0.57 correlation means they provide meaningful diversification when combined. IQQI.DE charges 0.65%/yr vs 0.10%/yr for UETW.DE.
Performance
IQQI.DE vs. UETW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQI.DE achieves a 15.99% return, which is significantly higher than UETW.DE's 13.14% return.
IQQI.DE
- 1D
- -0.37%
- 1M
- 3.32%
- 6M
- 14.70%
- YTD
- 15.99%
- 1Y
- 20.05%
- 3Y*
- 11.12%
- 5Y*
- 7.31%
- 10Y*
- 6.79%
UETW.DE
- 1D
- 0.23%
- 1M
- 1.71%
- 6M
- 11.32%
- YTD
- 13.14%
- 1Y
- 24.05%
- 3Y*
- 18.31%
- 5Y*
- 12.32%
- 10Y*
- —
IQQI.DE vs. UETW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 15.99% | 0.56% | 14.53% | -3.18% | -0.38% | 26.94% | -10.82% | 7.19% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 13.14% | 8.05% | 26.48% | 19.71% | -13.72% | 32.19% | 5.49% | 0.11% |
Correlation
The correlation between IQQI.DE and UETW.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2019 | 0.57 |
Over the past year, the correlation between IQQI.DE and UETW.DE has dropped to 0.13 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
IQQI.DE vs. UETW.DE — Risk / Return Rank
IQQI.DE
UETW.DE
IQQI.DE vs. UETW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure UCITS ETF (IQQI.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.
| IQQI.DE | UETW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.40 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | 3.59 | +0.56 |
| Martin ratioReturn relative to average drawdown | 10.37 | 14.06 | -3.68 |
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Drawdowns
IQQI.DE vs. UETW.DE - Drawdown Comparison
The maximum IQQI.DE drawdown since its inception was -42.24%, which is greater than UETW.DE's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for IQQI.DE and UETW.DE.
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Drawdown Indicators
| IQQI.DE | UETW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.24% | -33.74% | -8.50% |
Max Drawdown (1Y)Largest decline over 1 year | -4.81% | -6.67% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -21.32% | +6.57% |
Max Drawdown (5Y)Largest decline over 5 years | -24.82% | -21.32% | -3.50% |
Max Drawdown (10Y)Largest decline over 10 years | -34.16% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | 0.00% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -4.97% | -6.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 1.71% | +0.22% |
Volatility
IQQI.DE vs. UETW.DE - Volatility Comparison
iShares Global Infrastructure UCITS ETF (IQQI.DE) has a higher volatility of 2.65% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.37%. This indicates that IQQI.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQI.DE | UETW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 2.37% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 7.92% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 11.21% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 14.06% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.25% | 16.55% | -2.30% |
IQQI.DE vs. UETW.DE - Expense Ratio Comparison
IQQI.DE has a 0.65% expense ratio, which is higher than UETW.DE's 0.10% expense ratio.
Dividends
IQQI.DE vs. UETW.DE - Dividend Comparison
IQQI.DE's dividend yield for the trailing twelve months is around 1.99%, while UETW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 1.99% | 2.30% | 2.29% | 2.42% | 2.13% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.63% | 3.15% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) 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% |
Frequently Asked Questions
IQQI.DE and UETW.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.65% for IQQI.DE.
IQQI.DE tracks FTSE Global Core Infrastructure Index, while UETW.DE tracks MSCI World. They also come from different issuers: iShares and UBS. Their fees differ too: 0.65% for IQQI.DE and 0.10% for UETW.DE.
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