IS0Q.DE vs. UEFS.DE
IS0Q.DE (iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Dist)) and UEFS.DE (UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist) are both Emerging Markets Bonds funds - IS0Q.DE tracks the J.P. Morgan CEMBI Broad Diversified Core Index while UEFS.DE tracks the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. Both are passively managed. Over the past 10 years, IS0Q.DE returned 3.24%/yr vs 3.22%/yr for UEFS.DE. A 0.65 correlation means they provide meaningful diversification when combined. IS0Q.DE charges 0.50%/yr vs 0.25%/yr for UEFS.DE.
Performance
IS0Q.DE vs. UEFS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS0Q.DE achieves a 4.68% return, which is significantly lower than UEFS.DE's 5.99% return. Both investments have delivered pretty close results over the past 10 years, with IS0Q.DE having a 3.24% annualized return and UEFS.DE not far behind at 3.22%.
IS0Q.DE
- 1D
- 0.09%
- 1M
- 1.94%
- 6M
- 4.52%
- YTD
- 4.68%
- 1Y
- 8.96%
- 3Y*
- 5.37%
- 5Y*
- 2.68%
- 10Y*
- 3.24%
UEFS.DE
- 1D
- 0.12%
- 1M
- 2.05%
- 6M
- 5.48%
- YTD
- 5.99%
- 1Y
- 14.42%
- 3Y*
- 9.07%
- 5Y*
- 3.20%
- 10Y*
- 3.22%
IS0Q.DE vs. UEFS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0Q.DE iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Dist) | 4.68% | -3.70% | 12.34% | 4.23% | -6.55% | 7.84% | -2.78% | 16.71% | 1.69% | -5.24% |
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 5.99% | 2.26% | 13.85% | 8.27% | -14.71% | 5.65% | -4.63% | 17.08% | 0.30% | -3.07% |
Correlation
The correlation between IS0Q.DE and UEFS.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2016 | 0.65 |
The correlation between IS0Q.DE and UEFS.DE has been stable across timeframes, ranging from 0.64 to 0.72 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IS0Q.DE vs. UEFS.DE — Risk / Return Rank
IS0Q.DE
UEFS.DE
IS0Q.DE vs. UEFS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Dist) (IS0Q.DE) and UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.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.
| IS0Q.DE | UEFS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.45 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 4.91 | -1.93 |
| Martin ratioReturn relative to average drawdown | 8.52 | 15.11 | -6.59 |
Loading charts...
Drawdowns
IS0Q.DE vs. UEFS.DE - Drawdown Comparison
The maximum IS0Q.DE drawdown since its inception was -26.03%, which is greater than UEFS.DE's maximum drawdown of -24.33%. Use the drawdown chart below to compare losses from any high point for IS0Q.DE and UEFS.DE.
Loading charts...
Drawdown Indicators
| IS0Q.DE | UEFS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.03% | -24.33% | -1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -2.92% | -0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -11.02% | -13.71% | +2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -11.02% | -17.81% | +6.79% |
Max Drawdown (10Y)Largest decline over 10 years | -23.18% | -24.33% | +1.15% |
Current DrawdownCurrent decline from peak | -2.03% | -0.70% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -7.56% | -9.00% | +1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.95% | +0.10% |
Volatility
IS0Q.DE vs. UEFS.DE - Volatility Comparison
iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Dist) (IS0Q.DE) and UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) have volatilities of 1.46% and 1.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS0Q.DE | UEFS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 1.52% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.76% | 4.09% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.48% | 6.23% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.04% | 8.74% | -1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.77% | 12.92% | -4.15% |
IS0Q.DE vs. UEFS.DE - Expense Ratio Comparison
IS0Q.DE has a 0.50% expense ratio, which is higher than UEFS.DE's 0.25% expense ratio.
Dividends
IS0Q.DE vs. UEFS.DE - Dividend Comparison
IS0Q.DE's dividend yield for the trailing twelve months is around 5.50%, less than UEFS.DE's 6.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS0Q.DE iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Dist) | 5.50% | 5.61% | 5.36% | 5.07% | 4.31% | 3.54% | 4.14% | 4.58% | 4.69% | 4.55% | 4.51% | 5.13% |
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 6.37% | 7.97% | 6.14% | 6.46% | 6.08% | 4.22% | 5.09% | 4.60% | 4.53% | 4.90% | 2.30% | 0.00% |
Frequently Asked Questions
IS0Q.DE and UEFS.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEFS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEFS.DE is cheaper with a 0.25% expense ratio, compared with 0.50% for IS0Q.DE.
IS0Q.DE tracks J.P. Morgan CEMBI Broad Diversified Core Index, while UEFS.DE tracks Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. They also come from different issuers: iShares and UBS. Their fees differ too: 0.50% for IS0Q.DE and 0.25% for UEFS.DE.
Find the right allocation for IS0Q.DE and UEFS.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer