SRIU.L vs. UC44.L

Last updated Jun 5, 2026

SRIU.L (UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis) and UC44.L (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - SRIU.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while UC44.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, SRIU.L returned 12.78%/yr vs 10.84%/yr for UC44.L. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.22% expense ratio.

Performance

SRIU.L vs. UC44.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (SRIU.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRIU.L achieves a 13.81% return, which is significantly higher than UC44.L's 9.19% return.

SRIU.L

• 1D: -0.51%
• 1M: 8.42%
• YTD: 13.81%
• 6M: 12.98%
• 1Y: 27.22%
• 3Y*: 16.86%
• 5Y*: 12.78%
• 10Y*: —

UC44.L

• 1D: 0.39%
• 1M: 6.87%
• YTD: 9.19%
• 6M: 9.44%
• 1Y: 20.96%
• 3Y*: 14.50%
• 5Y*: 10.84%
• 10Y*: 13.02%

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

SRIU.L vs. UC44.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SRIU.L UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis	13.81%	3.18%	21.24%	25.25%	-15.68%	31.46%	-7.21%
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis	9.19%	5.87%	18.30%	22.09%	-15.47%	26.34%	20.56%

Correlation

The correlation between SRIU.L and UC44.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since May 14, 2020	0.76

The correlation between SRIU.L and UC44.L shifts across timeframes, from 0.74 (5 years) to 0.92 (1 year), reflecting how their relationship changes across market environments.

SRIU.L vs. UC44.L - Sectors Allocation Comparison

Sectors	SRIU.L	UC44.L
Technology	44.2%	36.3%
Financial Services	12.0%	16.1%
Consumer Cyclical	11.1%	10.9%
Industrials	9.9%	12.0%
Healthcare	9.1%	8.9%
Consumer Defensive	5.0%	5.5%
Communication Services	3.6%	3.9%
Real Estate	2.8%	2.5%
Basic Materials	1.6%	3.0%
Utilities	0.7%	0.9%
Energy	-	0.0%

Return for Risk

SRIU.L vs. UC44.L — Risk / Return Rank

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

SRIU.L

SRIU.L Risk / Return Rank: 64
SRIU.L Sharpe Ratio Rank: 70
SRIU.L Sortino Ratio Rank: 70
SRIU.L Omega Ratio Rank: 70
SRIU.L Calmar Ratio Rank: 58
SRIU.L Martin Ratio Rank: 54

UC44.L

UC44.L Risk / Return Rank: 51
UC44.L Sharpe Ratio Rank: 54
UC44.L Sortino Ratio Rank: 55
UC44.L Omega Ratio Rank: 54
UC44.L Calmar Ratio Rank: 44
UC44.L Martin Ratio Rank: 47

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.

SRIU.L vs. UC44.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (SRIU.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.

	SRIU.L	UC44.L	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.81	+0.43
Sortino ratio: Return per unit of downside risk	3.15	2.58	+0.57
Omega ratio: Gain probability vs. loss probability	1.41	1.33	+0.07
Calmar ratio: Return relative to maximum drawdown	2.82	2.17	+0.65
Martin ratio: Return relative to average drawdown	9.16	7.73	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SRIU.L vs. UC44.L - Sharpe Ratio Comparison

The current SRIU.L Sharpe Ratio is 2.25, which is comparable to the UC44.L Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of SRIU.L and UC44.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.

Sharpe Ratios by Period

	SRIU.L	UC44.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.81	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.75	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.78	-0.14

Drawdowns

SRIU.L vs. UC44.L - Drawdown Comparison

The maximum SRIU.L drawdown since its inception was -24.84%, roughly equal to the maximum UC44.L drawdown of -24.11%. Use the drawdown chart below to compare losses from any high point for SRIU.L and UC44.L.

Drawdown Indicators

	SRIU.L	UC44.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.84%	-24.11%	-0.73%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-9.61%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-22.56%	-20.15%	-2.41%
Max Drawdown (5Y) Largest decline over 5 years	-22.56%	-22.39%	-0.17%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.11%	—
Current Drawdown Current decline from peak	-0.51%	0.00%	-0.51%
Average Drawdown Average peak-to-trough decline	-6.45%	-4.52%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.71%	+0.27%

Volatility

SRIU.L vs. UC44.L - Volatility Comparison

UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (SRIU.L) has a higher volatility of 4.11% compared to UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L) at 3.13%. This indicates that SRIU.L's price experiences larger fluctuations and is considered to be riskier than UC44.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRIU.L	UC44.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	3.13%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	8.90%	8.72%	+0.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	11.50%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	14.43%	+3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.76%	14.93%	+5.83%

SRIU.L vs. UC44.L - Expense Ratio Comparison

Both SRIU.L and UC44.L have an expense ratio of 0.22%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SRIU.L vs. UC44.L - Dividend Comparison

SRIU.L's dividend yield for the trailing twelve months is around 0.70%, less than UC44.L's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SRIU.L UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis	0.70%	0.98%	0.51%	0.94%	1.08%	0.80%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis	0.86%	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

Can I hold both SRIU.L and UC44.L in my portfolio?

With a correlation of 0.92, SRIU.L and UC44.L 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.

Which ETF is better, SRIU.L or UC44.L?

Both ETFs have the same 0.22% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SRIU.L or UC44.L?

SRIU.L and UC44.L have the same expense ratio: 0.22% per year.

What is the main difference between SRIU.L and UC44.L?

SRIU.L is categorized as Large Cap Blend Equities, while UC44.L is Global Equities. SRIU.L tracks Russell 1000 TR USD, while UC44.L tracks MSCI ACWI NR USD.