MDBU.DE vs. 4UBF.DE
MDBU.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) and 4UBF.DE (UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc) are both exchange-traded funds - MDBU.DE is a Government Bonds fund tracking the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while 4UBF.DE is a European Corporate Bonds fund tracking the Bloomberg MSCI Euro Area Liquid Corporates Sustainable. Both are passively managed. Over the past 5 years, MDBU.DE returned 1.69%/yr vs -0.23%/yr for 4UBF.DE. At a 0.10 correlation, their price movements are largely independent. MDBU.DE charges 0.18%/yr vs 0.13%/yr for 4UBF.DE.
Performance
MDBU.DE vs. 4UBF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MDBU.DE achieves a 1.02% return, which is significantly higher than 4UBF.DE's 0.73% return.
MDBU.DE
- 1D
- 0.09%
- 1M
- 0.78%
- YTD
- 1.02%
- 6M
- 0.39%
- 1Y
- 1.13%
- 3Y*
- 0.83%
- 5Y*
- 1.69%
- 10Y*
- —
4UBF.DE
- 1D
- 0.12%
- 1M
- 0.81%
- YTD
- 0.73%
- 6M
- 0.31%
- 1Y
- 2.01%
- 3Y*
- 4.95%
- 5Y*
- -0.23%
- 10Y*
- —
MDBU.DE vs. 4UBF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 1.02% | -5.52% | 8.42% | 0.69% | -1.90% | 5.41% |
4UBF.DE UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc | 0.73% | 3.23% | 4.51% | 8.22% | -15.67% | -0.28% |
Correlation
The correlation between MDBU.DE and 4UBF.DE is -0.07, 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 (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2021 | 0.10 |
The correlation between MDBU.DE and 4UBF.DE shifts across timeframes, from -0.07 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDBU.DE vs. 4UBF.DE — Risk / Return Rank
MDBU.DE
4UBF.DE
MDBU.DE vs. 4UBF.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) A-dis (MDBU.DE) and UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.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.
| MDBU.DE | 4UBF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.10 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 0.69 | -0.40 |
| Martin ratioReturn relative to average drawdown | 0.72 | 2.30 | -1.58 |
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
| MDBU.DE | 4UBF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | 0.55 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | -0.04 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.04 | +0.26 |
Drawdowns
MDBU.DE vs. 4UBF.DE - Drawdown Comparison
The maximum MDBU.DE drawdown since its inception was -12.38%, smaller than the maximum 4UBF.DE drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for MDBU.DE and 4UBF.DE.
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Drawdown Indicators
| MDBU.DE | 4UBF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.38% | -19.99% | +7.61% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | -2.88% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -10.06% | -2.88% | -7.18% |
Max Drawdown (5Y)Largest decline over 5 years | -12.09% | -19.99% | +7.90% |
Current DrawdownCurrent decline from peak | -6.60% | -2.81% | -3.79% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -8.54% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 0.87% | +0.70% |
Volatility
MDBU.DE vs. 4UBF.DE - Volatility Comparison
The current volatility for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) is 0.90%, while UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) has a volatility of 1.25%. This indicates that MDBU.DE experiences smaller price fluctuations and is considered to be less risky than 4UBF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDBU.DE | 4UBF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.90% | 1.25% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.83% | 3.11% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.40% | 3.67% | +1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.21% | 5.08% | +2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.88% | 5.02% | +1.86% |
MDBU.DE vs. 4UBF.DE - Expense Ratio Comparison
MDBU.DE has a 0.18% expense ratio, which is higher than 4UBF.DE's 0.13% 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
MDBU.DE vs. 4UBF.DE - Dividend Comparison
MDBU.DE's dividend yield for the trailing twelve months is around 2.66%, while 4UBF.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
4UBF.DE UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 2.66% | 3.79% | 1.92% | 1.75% | 0.75% | 0.59% | 1.58% | 1.40% |
Frequently Asked Questions
MDBU.DE and 4UBF.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4UBF.DE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4UBF.DE is cheaper with a 0.13% expense ratio, compared with 0.18% for MDBU.DE.
MDBU.DE is categorized as Government Bonds, while 4UBF.DE is European Corporate Bonds. MDBU.DE tracks Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while 4UBF.DE tracks Bloomberg MSCI Euro Area Liquid Corporates Sustainable. Their fees differ too: 0.18% for MDBU.DE and 0.13% for 4UBF.DE.
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