SEAB.DE vs. UIQ4.DE

Last updated Jun 5, 2026

SEAB.DE (UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (EUR Hedged) Acc) and UIQ4.DE (UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc) are both exchange-traded funds - SEAB.DE is a Emerging Markets Bonds fund tracking the JP Morgan USD Emerging Markets Diversified 3% capped 1-5 (EUR Hedged), while UIQ4.DE is a Derivative Income fund tracking the Euro Equity Defensive Put Write Index. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. SEAB.DE charges 0.38%/yr vs 0.21%/yr for UIQ4.DE.

Performance

SEAB.DE vs. UIQ4.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (EUR Hedged) Acc (SEAB.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEAB.DE achieves a 1.46% return, which is significantly lower than UIQ4.DE's 3.01% return.

SEAB.DE

• 1D: 0.01%
• 1M: 0.33%
• YTD: 1.46%
• 6M: 1.85%
• 1Y: 6.04%
• 3Y*: 6.47%
• 5Y*: 0.91%
• 10Y*: —

UIQ4.DE

• 1D: 0.18%
• 1M: 2.17%
• YTD: 3.01%
• 6M: 3.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SEAB.DE vs. UIQ4.DE - Yearly Performance Comparison

	2026 (YTD)	2025
SEAB.DE UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (EUR Hedged) Acc	1.46%	4.55%
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	3.01%	6.38%

Correlation

The correlation between SEAB.DE and UIQ4.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	0.37

Return for Risk

SEAB.DE vs. UIQ4.DE — Risk / Return Rank

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

SEAB.DE

SEAB.DE Risk / Return Rank: 72
SEAB.DE Sharpe Ratio Rank: 71
SEAB.DE Sortino Ratio Rank: 84
SEAB.DE Omega Ratio Rank: 79
SEAB.DE Calmar Ratio Rank: 59
SEAB.DE Martin Ratio Rank: 69

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.

SEAB.DE vs. UIQ4.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (EUR Hedged) Acc (SEAB.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.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.

	SEAB.DE	UIQ4.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.28	—	—
Sortino ratio: Return per unit of downside risk	3.70	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	2.88	—	—
Martin ratio: Return relative to average drawdown	12.50	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SEAB.DE	UIQ4.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	1.27	-1.05

Drawdowns

SEAB.DE vs. UIQ4.DE - Drawdown Comparison

The maximum SEAB.DE drawdown since its inception was -18.05%, which is greater than UIQ4.DE's maximum drawdown of -3.90%. Use the drawdown chart below to compare losses from any high point for SEAB.DE and UIQ4.DE.

Drawdown Indicators

	SEAB.DE	UIQ4.DE	Difference
Max Drawdown Largest peak-to-trough decline	-18.05%	-3.90%	-14.15%
Max Drawdown (1Y) Largest decline over 1 year	-2.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.05%	—	—
Current Drawdown Current decline from peak	-0.11%	-0.25%	+0.14%
Average Drawdown Average peak-to-trough decline	-4.83%	-0.87%	-3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	—	—

Volatility

Volatility by Period

	SEAB.DE	UIQ4.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.64%	7.67%	-5.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.44%	7.67%	-3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.13%	7.67%	-2.54%

SEAB.DE vs. UIQ4.DE - Expense Ratio Comparison

SEAB.DE has a 0.38% expense ratio, which is higher than UIQ4.DE's 0.21% expense ratio.

Dividends

SEAB.DE vs. UIQ4.DE - Dividend Comparison

Neither SEAB.DE nor UIQ4.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SEAB.DE and UIQ4.DE in my portfolio?

SEAB.DE and UIQ4.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEAB.DE or UIQ4.DE?

On fees, UIQ4.DE is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEAB.DE or UIQ4.DE?

UIQ4.DE is cheaper with a 0.21% expense ratio, compared with 0.38% for SEAB.DE.

What is the main difference between SEAB.DE and UIQ4.DE?

SEAB.DE is categorized as Emerging Markets Bonds, while UIQ4.DE is Derivative Income. SEAB.DE tracks JP Morgan USD Emerging Markets Diversified 3% capped 1-5 (EUR Hedged), while UIQ4.DE tracks Euro Equity Defensive Put Write Index. Their fees differ too: 0.38% for SEAB.DE and 0.21% for UIQ4.DE.