S6DW.DE vs. UETW.DE
S6DW.DE (iShares MSCI World ESG Screened UCITS ETF USD (Dist)) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds - S6DW.DE tracks the MSCI World ESG Screened while UETW.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, S6DW.DE returned 13.09%/yr vs 12.87%/yr for UETW.DE. With a 0.99 correlation, they move nearly in lockstep. S6DW.DE charges 0.20%/yr vs 0.10%/yr for UETW.DE.
Performance
S6DW.DE vs. UETW.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with S6DW.DE having a 10.73% return and UETW.DE slightly higher at 10.95%.
S6DW.DE
- 1D
- -0.04%
- 1M
- 3.95%
- YTD
- 10.73%
- 6M
- 10.58%
- 1Y
- 23.93%
- 3Y*
- 18.05%
- 5Y*
- 13.09%
- 10Y*
- —
UETW.DE
- 1D
- -0.01%
- 1M
- 3.72%
- YTD
- 10.95%
- 6M
- 10.99%
- 1Y
- 23.94%
- 3Y*
- 17.68%
- 5Y*
- 12.87%
- 10Y*
- —
S6DW.DE vs. UETW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
S6DW.DE iShares MSCI World ESG Screened UCITS ETF USD (Dist) | 10.73% | 7.69% | 27.33% | 22.28% | -15.33% | 32.91% | 6.70% | 12.77% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 10.95% | 8.06% | 26.50% | 19.68% | -13.72% | 32.17% | 5.50% | 12.54% |
Correlation
The correlation between S6DW.DE and UETW.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.99 |
The correlation between S6DW.DE and UETW.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
S6DW.DE vs. UETW.DE — Risk / Return Rank
S6DW.DE
UETW.DE
S6DW.DE vs. UETW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Screened UCITS ETF USD (Dist) (S6DW.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE). 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.
| S6DW.DE | UETW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.40 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 3.67 | -0.58 |
| Martin ratioReturn relative to average drawdown | 12.18 | 14.61 | -2.43 |
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
| S6DW.DE | UETW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 2.17 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.91 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.85 | +0.02 |
Drawdowns
S6DW.DE vs. UETW.DE - Drawdown Comparison
The maximum S6DW.DE drawdown since its inception was -33.13%, roughly equal to the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for S6DW.DE and UETW.DE.
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Drawdown Indicators
| S6DW.DE | UETW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.13% | -33.72% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -6.47% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -22.30% | -21.30% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -22.30% | -21.30% | -1.00% |
Current DrawdownCurrent decline from peak | -0.44% | -0.30% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -4.67% | -4.63% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 1.63% | +0.34% |
Volatility
S6DW.DE vs. UETW.DE - Volatility Comparison
iShares MSCI World ESG Screened UCITS ETF USD (Dist) (S6DW.DE) has a higher volatility of 2.85% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.60%. This indicates that S6DW.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| S6DW.DE | UETW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.85% | 2.60% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 8.39% | 7.63% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 10.97% | +0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.58% | 14.03% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 16.11% | +0.26% |
S6DW.DE vs. UETW.DE - Expense Ratio Comparison
S6DW.DE has a 0.20% expense ratio, which is higher than UETW.DE's 0.10% 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
S6DW.DE vs. UETW.DE - Dividend Comparison
S6DW.DE's dividend yield for the trailing twelve months is around 0.87%, while UETW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
S6DW.DE iShares MSCI World ESG Screened UCITS ETF USD (Dist) | 0.87% | 0.96% | 1.18% | 1.31% | 1.59% | 1.01% | 1.15% | 1.56% | 0.18% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, S6DW.DE and UETW.DE 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, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for S6DW.DE.
S6DW.DE tracks MSCI World ESG Screened, while UETW.DE tracks MSCI World. They also come from different issuers: iShares and UBS. Their fees differ too: 0.20% for S6DW.DE and 0.10% for UETW.DE.
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