MDBU.L vs. UC99.L
MDBU.L (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) and UC99.L (UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis) 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 UC99.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, MDBU.L returned 2.03%/yr vs 13.98%/yr for UC99.L. At a 0.11 correlation, their price movements are largely independent. MDBU.L charges 0.18%/yr vs 0.25%/yr for UC99.L.
Performance
MDBU.L vs. UC99.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 UC99.L's 10.42% 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*
- —
UC99.L
- 1D
- 0.63%
- 1M
- 6.73%
- YTD
- 10.42%
- 6M
- 10.82%
- 1Y
- 29.48%
- 3Y*
- 17.61%
- 5Y*
- 13.98%
- 10Y*
- 16.19%
MDBU.L vs. UC99.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% |
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 10.42% | 8.68% | 22.60% | 27.58% | -15.03% | 28.64% | 16.43% | 32.55% | -2.97% |
Correlation
The correlation between MDBU.L and UC99.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2018 | 0.11 |
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Return for Risk
MDBU.L vs. UC99.L — Risk / Return Rank
MDBU.L
UC99.L
MDBU.L vs. UC99.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 (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.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 | UC99.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.43 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 3.10 | -2.16 |
| Martin ratioReturn relative to average drawdown | 2.30 | 11.14 | -8.84 |
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 | UC99.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 2.41 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.87 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.98 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 1.00 | -0.87 |
Drawdowns
MDBU.L vs. UC99.L - Drawdown Comparison
The maximum MDBU.L drawdown since its inception was -18.04%, smaller than the maximum UC99.L drawdown of -23.20%. Use the drawdown chart below to compare losses from any high point for MDBU.L and UC99.L.
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Drawdown Indicators
| MDBU.L | UC99.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.04% | -23.20% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -4.76% | -9.47% | +4.71% |
Max Drawdown (3Y)Largest decline over 3 years | -7.99% | -23.20% | +15.21% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -23.20% | +7.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.20% | — |
Current DrawdownCurrent decline from peak | -9.05% | 0.00% | -9.05% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -4.24% | -6.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.64% | -0.71% |
Volatility
MDBU.L vs. UC99.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 ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.L) has a volatility of 3.33%. This indicates that MDBU.L experiences smaller price fluctuations and is considered to be less risky than UC99.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 | UC99.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 3.33% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 4.44% | 8.62% | -4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.06% | 12.19% | -6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.41% | 16.02% | -7.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.23% | 16.54% | -7.31% |
MDBU.L vs. UC99.L - Expense Ratio Comparison
MDBU.L has a 0.18% expense ratio, which is lower than UC99.L's 0.25% 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
MDBU.L vs. UC99.L - Dividend Comparison
MDBU.L's dividend yield for the trailing twelve months is around 3.14%, while UC99.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Frequently Asked Questions
MDBU.L and UC99.L have a correlation of 0.11, 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 0.25% for UC99.L.
MDBU.L is categorized as Government Bonds, while UC99.L is Large Cap Blend Equities. MDBU.L tracks Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while UC99.L tracks Russell 1000 TR USD. Their fees differ too: 0.18% for MDBU.L and 0.25% for UC99.L.
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