MDBU.L vs. UB74.L
MDBU.L (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) and UB74.L (UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis) are both Government Bonds funds from UBS - MDBU.L tracks the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index while UB74.L tracks the Bloomberg US 1-3 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, MDBU.L returned 2.03%/yr vs 2.86%/yr for UB74.L. Their correlation of 0.87 suggests significant overlap in exposure. MDBU.L charges 0.18%/yr vs 0.05%/yr for UB74.L.
Performance
MDBU.L vs. UB74.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 UB74.L's 0.66% 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*
- —
UB74.L
- 1D
- 0.12%
- 1M
- 1.13%
- YTD
- 0.66%
- 6M
- 0.25%
- 1Y
- 4.37%
- 3Y*
- 1.43%
- 5Y*
- 2.86%
- 10Y*
- 2.42%
MDBU.L vs. UB74.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% |
UB74.L UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis | 0.66% | -2.06% | 5.76% | -1.65% | 7.62% | 0.57% | -0.46% | 0.26% | -0.63% |
Correlation
The correlation between MDBU.L and UB74.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2018 | 0.87 |
The correlation between MDBU.L and UB74.L has been stable across timeframes, ranging from 0.87 to 0.95 - a consistent structural relationship.
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Return for Risk
MDBU.L vs. UB74.L — Risk / Return Rank
MDBU.L
UB74.L
MDBU.L vs. UB74.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 ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis (UB74.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 | UB74.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 0.94 | -0.01 |
| Martin ratioReturn relative to average drawdown | 2.30 | 2.39 | -0.09 |
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 | UB74.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.71 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.35 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.27 | -0.14 |
Drawdowns
MDBU.L vs. UB74.L - Drawdown Comparison
The maximum MDBU.L drawdown since its inception was -18.04%, roughly equal to the maximum UB74.L drawdown of -18.81%. Use the drawdown chart below to compare losses from any high point for MDBU.L and UB74.L.
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Drawdown Indicators
| MDBU.L | UB74.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.04% | -18.81% | +0.77% |
Max Drawdown (1Y)Largest decline over 1 year | -4.76% | -4.61% | -0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -7.99% | -8.93% | +0.94% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -16.33% | +0.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.81% | — |
Current DrawdownCurrent decline from peak | -9.05% | -7.81% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -8.27% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 1.82% | +0.11% |
Volatility
MDBU.L vs. UB74.L - Volatility Comparison
UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.L) and UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis (UB74.L) have volatilities of 1.66% and 1.70%, 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.
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Volatility by Period
| MDBU.L | UB74.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 1.70% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.44% | 4.49% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.06% | 6.14% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.41% | 8.08% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.23% | 9.27% | -0.04% |
MDBU.L vs. UB74.L - Expense Ratio Comparison
MDBU.L has a 0.18% expense ratio, which is higher than UB74.L's 0.05% 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.L vs. UB74.L - Dividend Comparison
MDBU.L's dividend yield for the trailing twelve months is around 3.14%, less than UB74.L's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% | 0.00% |
UB74.L UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis | 3.69% | 4.94% | 3.67% | 2.23% | 0.41% | 0.36% | 1.68% | 2.28% | 1.10% | 0.65% | 0.62% | 0.41% |
Frequently Asked Questions
With a correlation of 0.95, MDBU.L and UB74.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, UB74.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UB74.L is cheaper with a 0.05% expense ratio, compared with 0.18% for MDBU.L.
MDBU.L tracks Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while UB74.L tracks Bloomberg US 1-3 Year Treasury Bond Index. Their fees differ too: 0.18% for MDBU.L and 0.05% for UB74.L.
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