S5SD.L vs. SEMC.L

Last updated Jun 25, 2026

S5SD.L (UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis) and SEMC.L (UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis) are both exchange-traded funds - S5SD.L is a S&P 500 fund tracking the S&P 500 Index, while SEMC.L is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, S5SD.L returned 15.07%/yr vs 4.07%/yr for SEMC.L. At a 0.29 correlation, their price movements are largely independent. S5SD.L charges 0.12%/yr vs 0.42%/yr for SEMC.L.

Performance

S5SD.L vs. SEMC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L) and UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, S5SD.L achieves a 11.04% return, which is significantly higher than SEMC.L's 3.69% return.

S5SD.L

• 1D: 0.93%
• 1M: 2.14%
• YTD: 11.04%
• 6M: 11.48%
• 1Y: 31.54%
• 3Y*: 19.40%
• 5Y*: 15.07%
• 10Y*: —

SEMC.L

• 1D: -0.34%
• 1M: 1.91%
• YTD: 3.69%
• 6M: 4.35%
• 1Y: 10.55%
• 3Y*: 6.77%
• 5Y*: 4.07%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

S5SD.L vs. SEMC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
S5SD.L UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis	11.04%	9.98%	26.33%	21.21%	-8.47%	33.83%	14.91%	-10.18%
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis	3.69%	2.50%	9.09%	2.06%	0.59%	1.54%	-0.46%	4.01%

Correlation

The correlation between S5SD.L and SEMC.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Mar 25, 2019	0.29

Return for Risk

S5SD.L vs. SEMC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

S5SD.L

S5SD.L Risk / Return Rank: 91
S5SD.L Sharpe Ratio Rank: 93
S5SD.L Sortino Ratio Rank: 92
S5SD.L Omega Ratio Rank: 92
S5SD.L Calmar Ratio Rank: 88
S5SD.L Martin Ratio Rank: 89

SEMC.L

SEMC.L Risk / Return Rank: 58
SEMC.L Sharpe Ratio Rank: 56
SEMC.L Sortino Ratio Rank: 62
SEMC.L Omega Ratio Rank: 54
SEMC.L Calmar Ratio Rank: 65
SEMC.L Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

S5SD.L vs. SEMC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L) and UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	S5SD.L	SEMC.L	Difference
Sharpe ratio: Return per unit of total volatility	2.89	1.65	+1.24
Sortino ratio: Return per unit of downside risk	3.96	2.51	+1.45
Omega ratio: Gain probability vs. loss probability	1.53	1.30	+0.24
Calmar ratio: Return relative to maximum drawdown	4.50	2.81	+1.70
Martin ratio: Return relative to average drawdown	17.37	8.27	+9.10

S5SD.L vs. SEMC.L - Sharpe Ratio Comparison

The current S5SD.L Sharpe Ratio is 2.89, which is higher than the SEMC.L Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of S5SD.L and SEMC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

S5SD.L vs. SEMC.L - Drawdown Comparison

The maximum S5SD.L drawdown since its inception was -29.66%, which is greater than SEMC.L's maximum drawdown of -12.52%. Use the drawdown chart below to compare losses from any high point for S5SD.L and SEMC.L.

Drawdown Indicators

	S5SD.L	SEMC.L	Difference
Max Drawdown Largest peak-to-trough decline	-29.66%	-12.52%	-17.14%
Max Drawdown (1Y) Largest decline over 1 year	-6.97%	-3.43%	-3.54%
Max Drawdown (3Y) Largest decline over 3 years	-21.45%	-7.69%	-13.76%
Max Drawdown (5Y) Largest decline over 5 years	-21.45%	-11.90%	-9.55%
Current Drawdown Current decline from peak	-0.55%	-0.34%	-0.21%
Average Drawdown Average peak-to-trough decline	-5.66%	-4.96%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.16%	+0.65%

Volatility

S5SD.L vs. SEMC.L - Volatility Comparison

UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L) has a higher volatility of 3.61% compared to UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L) at 1.57%. This indicates that S5SD.L's price experiences larger fluctuations and is considered to be riskier than SEMC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S5SD.L	SEMC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	1.57%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	7.69%	4.21%	+3.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	5.84%	+5.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.47%	7.60%	+6.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	8.16%	+10.00%

S5SD.L vs. SEMC.L - Expense Ratio Comparison

S5SD.L has a 0.12% expense ratio, which is lower than SEMC.L's 0.42% expense ratio.

Dividends

S5SD.L vs. SEMC.L - Dividend Comparison

S5SD.L's dividend yield for the trailing twelve months is around 0.74%, less than SEMC.L's 5.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
S5SD.L UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis	0.74%	0.91%	0.91%	1.16%	1.22%	0.93%	1.40%	0.42%	0.00%
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis	5.70%	6.51%	5.01%	5.04%	3.98%	3.97%	4.77%	5.18%	1.98%

Frequently Asked Questions

Can I hold both S5SD.L and SEMC.L in my portfolio?

S5SD.L and SEMC.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, S5SD.L or SEMC.L?

On fees, S5SD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, S5SD.L or SEMC.L?

S5SD.L is cheaper with a 0.12% expense ratio, compared with 0.42% for SEMC.L.

What is the main difference between S5SD.L and SEMC.L?

S5SD.L is categorized as S&P 500, while SEMC.L is Emerging Markets Bonds. S5SD.L tracks S&P 500 Index, while SEMC.L tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.12% for S5SD.L and 0.42% for SEMC.L.