MDBU.L vs. EUFM.L
MDBU.L (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) and EUFM.L (UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc) are both exchange-traded funds - MDBU.L is a Government Bonds fund tracking the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while EUFM.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, MDBU.L returned 2.03%/yr vs 9.69%/yr for EUFM.L. At a correlation of -0.06, they often move in opposite directions. MDBU.L charges 0.18%/yr vs 0.34%/yr for EUFM.L.
Performance
MDBU.L vs. EUFM.L - Performance Comparison
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Returns By Period
In the year-to-date period, MDBU.L achieves a 0.13% return, which is significantly lower than EUFM.L's 6.74% return.
MDBU.L
- 1D
- 0.17%
- 1M
- 0.98%
- YTD
- 0.13%
- 6M
- -0.22%
- 1Y
- 4.43%
- 3Y*
- 1.21%
- 5Y*
- 2.03%
- 10Y*
- —
EUFM.L
- 1D
- 0.21%
- 1M
- 2.81%
- YTD
- 6.74%
- 6M
- 8.89%
- 1Y
- 16.80%
- 3Y*
- 15.42%
- 5Y*
- 9.69%
- 10Y*
- —
MDBU.L vs. EUFM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MDBU.L UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 0.13% | -0.80% | 4.66% | -1.28% | 3.51% | -0.35% | 1.30% | 1.13% | 0.00% |
EUFM.L UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc | 6.74% | 29.59% | 3.25% | 15.45% | -7.82% | 13.50% | 5.84% | 19.11% | -1.86% |
Correlation
The correlation between MDBU.L and EUFM.L is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2018 | -0.06 |
The correlation between MDBU.L and EUFM.L shifts across timeframes, from -0.17 (3 years) to -0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MDBU.L vs. EUFM.L — Risk / Return Rank
MDBU.L
EUFM.L
MDBU.L vs. EUFM.L - 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.L) and UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L). 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.L | EUFM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.26 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 1.58 | -0.64 |
| Martin ratioReturn relative to average drawdown | 2.30 | 5.69 | -3.39 |
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.L | EUFM.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 1.36 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.67 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.53 | -0.40 |
Drawdowns
MDBU.L vs. EUFM.L - Drawdown Comparison
The maximum MDBU.L drawdown since its inception was -18.04%, smaller than the maximum EUFM.L drawdown of -30.14%. Use the drawdown chart below to compare losses from any high point for MDBU.L and EUFM.L.
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Drawdown Indicators
| MDBU.L | EUFM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.04% | -30.14% | +12.10% |
Max Drawdown (1Y)Largest decline over 1 year | -4.76% | -10.59% | +5.83% |
Max Drawdown (3Y)Largest decline over 3 years | -7.99% | -11.90% | +3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -20.86% | +4.71% |
Current DrawdownCurrent decline from peak | -9.05% | -1.07% | -7.98% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -5.19% | -5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.95% | -1.02% |
Volatility
MDBU.L vs. EUFM.L - Volatility Comparison
The current volatility for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.L) is 1.66%, while UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc (EUFM.L) has a volatility of 4.00%. This indicates that MDBU.L experiences smaller price fluctuations and is considered to be less risky than EUFM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDBU.L | EUFM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 4.00% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 4.44% | 10.33% | -5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.06% | 12.33% | -6.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.41% | 14.53% | -6.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.23% | 16.13% | -6.90% |
MDBU.L vs. EUFM.L - Expense Ratio Comparison
MDBU.L has a 0.18% expense ratio, which is lower than EUFM.L's 0.34% expense ratio.
Dividends
MDBU.L vs. EUFM.L - Dividend Comparison
MDBU.L's dividend yield for the trailing twelve months is around 3.14%, while EUFM.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EUFM.L UBS (Lux) Fund Solutions – MSCI EMU Select Factor Mix UCITS ETF(EUR)A-acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDBU.L UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 3.14% | 3.96% | 2.14% | 1.92% | 0.75% | 0.74% | 1.73% | 1.66% |
Frequently Asked Questions
MDBU.L and EUFM.L 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, MDBU.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MDBU.L is cheaper with a 0.18% expense ratio, compared with 0.34% for EUFM.L.
MDBU.L is categorized as Government Bonds, while EUFM.L is Europe Equities. MDBU.L tracks Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while EUFM.L tracks MSCI EMU NR EUR. Their fees differ too: 0.18% for MDBU.L and 0.34% for EUFM.L.
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