MDBA.DE vs. UIQ4.DE
MDBA.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc) and UIQ4.DE (UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc) are both exchange-traded funds - MDBA.DE is a Government Bonds fund tracking the Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped, while UIQ4.DE is a Derivative Income fund tracking the Euro Equity Defensive Put Write Index. Both are passively managed. At a correlation of -0.09, they often move in opposite directions. MDBA.DE charges 0.15%/yr vs 0.21%/yr for UIQ4.DE.
Performance
MDBA.DE vs. UIQ4.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MDBA.DE achieves a 1.20% return, which is significantly lower than UIQ4.DE's 3.01% return.
MDBA.DE
- 1D
- 0.00%
- 1M
- 0.73%
- YTD
- 1.20%
- 6M
- 0.67%
- 1Y
- 1.63%
- 3Y*
- 1.12%
- 5Y*
- 1.90%
- 10Y*
- —
UIQ4.DE
- 1D
- 0.18%
- 1M
- 2.17%
- YTD
- 3.01%
- 6M
- 3.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MDBA.DE vs. UIQ4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 1.20% | 0.79% |
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc | 3.01% | 6.38% |
Correlation
The correlation between MDBA.DE and UIQ4.DE is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025 | -0.09 |
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
MDBA.DE vs. UIQ4.DE — Risk / Return Rank
MDBA.DE
UIQ4.DE
MDBA.DE vs. UIQ4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.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.
| MDBA.DE | UIQ4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | — | — |
| Martin ratioReturn relative to average drawdown | 1.04 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MDBA.DE | UIQ4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 1.27 | -1.03 |
Drawdowns
MDBA.DE vs. UIQ4.DE - Drawdown Comparison
The maximum MDBA.DE drawdown since its inception was -12.17%, which is greater than UIQ4.DE's maximum drawdown of -3.90%. Use the drawdown chart below to compare losses from any high point for MDBA.DE and UIQ4.DE.
Loading charts...
Drawdown Indicators
| MDBA.DE | UIQ4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.17% | -3.90% | -8.27% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | — | — |
Current DrawdownCurrent decline from peak | -6.13% | -0.25% | -5.88% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -0.87% | -4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | — | — |
Volatility
MDBA.DE vs. UIQ4.DE - Volatility Comparison
Loading charts...
Volatility by Period
| MDBA.DE | UIQ4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.65% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.31% | 7.67% | -2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 7.67% | -0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.03% | 7.67% | -0.64% |
MDBA.DE vs. UIQ4.DE - Expense Ratio Comparison
MDBA.DE has a 0.15% expense ratio, which is lower than UIQ4.DE's 0.21% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MDBA.DE vs. UIQ4.DE - Dividend Comparison
Neither MDBA.DE nor UIQ4.DE has paid dividends to shareholders.
Frequently Asked Questions
MDBA.DE and UIQ4.DE have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MDBA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MDBA.DE is cheaper with a 0.15% expense ratio, compared with 0.21% for UIQ4.DE.
MDBA.DE is categorized as Government Bonds, while UIQ4.DE is Derivative Income. MDBA.DE tracks Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped, while UIQ4.DE tracks Euro Equity Defensive Put Write Index. Their fees differ too: 0.15% for MDBA.DE and 0.21% for UIQ4.DE.
Find the right allocation for MDBA.DE and UIQ4.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