MSEA.L vs. UC44.L
MSEA.L (UBS Core MSCI Europe UCITS ETF Capitalisation A) and UC44.L (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - MSEA.L is a Europe Equities fund tracking the MSCI Europe Index, while UC44.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. MSEA.L charges 0.10%/yr vs 0.22%/yr for UC44.L.
Performance
MSEA.L vs. UC44.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with MSEA.L having a 7.55% return and UC44.L slightly higher at 7.76%.
MSEA.L
- 1D
- 0.46%
- 1M
- 1.04%
- YTD
- 7.55%
- 6M
- 8.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UC44.L
- 1D
- -1.31%
- 1M
- 3.40%
- YTD
- 7.76%
- 6M
- 7.47%
- 1Y
- 19.46%
- 3Y*
- 13.90%
- 5Y*
- 10.55%
- 10Y*
- 12.88%
MSEA.L vs. UC44.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSEA.L UBS Core MSCI Europe UCITS ETF Capitalisation A | 7.55% | 7.48% |
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis | 7.76% | 5.46% |
Correlation
The correlation between MSEA.L and UC44.L is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025 | 0.59 |
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Return for Risk
MSEA.L vs. UC44.L — Risk / Return Rank
MSEA.L
UC44.L
MSEA.L vs. UC44.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Core MSCI Europe UCITS ETF Capitalisation A (MSEA.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MSEA.L | UC44.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.67 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.99 | 0.43 | +1.56 |
Drawdowns
MSEA.L vs. UC44.L - Drawdown Comparison
The maximum MSEA.L drawdown since its inception was -10.45%, smaller than the maximum UC44.L drawdown of -52.68%. Use the drawdown chart below to compare losses from any high point for MSEA.L and UC44.L.
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Drawdown Indicators
| MSEA.L | UC44.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.45% | -52.68% | +42.23% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.61% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.11% | — |
Current DrawdownCurrent decline from peak | -1.14% | -1.31% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -8.75% | +6.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.71% | — |
Volatility
MSEA.L vs. UC44.L - Volatility Comparison
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Volatility by Period
| MSEA.L | UC44.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.83% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 11.58% | +3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 14.44% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 14.91% | +0.27% |
MSEA.L vs. UC44.L - Expense Ratio Comparison
MSEA.L has a 0.10% expense ratio, which is lower than UC44.L's 0.22% 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
MSEA.L vs. UC44.L - Dividend Comparison
MSEA.L has not paid dividends to shareholders, while UC44.L's dividend yield for the trailing twelve months is around 0.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSEA.L UBS Core MSCI Europe UCITS ETF Capitalisation A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis | 0.87% | 1.01% | 1.05% | 1.13% | 1.33% | 1.01% | 1.23% | 1.70% | 1.88% | 1.91% | 1.81% | 1.78% |
Frequently Asked Questions
MSEA.L and UC44.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MSEA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MSEA.L is cheaper with a 0.10% expense ratio, compared with 0.22% for UC44.L.
MSEA.L is categorized as Europe Equities, while UC44.L is Global Equities. MSEA.L tracks MSCI Europe Index, while UC44.L tracks MSCI ACWI NR USD. Their fees differ too: 0.10% for MSEA.L and 0.22% for UC44.L.
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