UB01.L vs. SEMC.L

Last updated Jun 5, 2026

UB01.L (UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) 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 - UB01.L is a Europe Equities fund tracking the MSCI EMU NR EUR, 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, UB01.L returned 11.63%/yr vs 4.04%/yr for SEMC.L. At a correlation of -0.00, they often move in opposite directions. UB01.L charges 0.15%/yr vs 0.42%/yr for SEMC.L.

Performance

UB01.L vs. SEMC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis (UB01.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, UB01.L achieves a 6.40% return, which is significantly higher than SEMC.L's 2.30% return.

UB01.L

• 1D: 0.60%
• 1M: 4.75%
• YTD: 6.40%
• 6M: 7.48%
• 1Y: 18.69%
• 3Y*: 16.47%
• 5Y*: 11.63%
• 10Y*: 11.99%

SEMC.L

• 1D: 0.03%
• 1M: 1.31%
• YTD: 2.30%
• 6M: 2.17%
• 1Y: 9.29%
• 3Y*: 5.66%
• 5Y*: 4.04%
• 10Y*: —

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

UB01.L vs. SEMC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UB01.L UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis	6.40%	28.34%	6.43%	19.85%	-4.38%	14.47%	4.04%	16.99%	-6.90%	1.45%
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis	2.30%	2.50%	9.09%	2.06%	0.58%	1.54%	-0.46%	4.45%	5.08%	-2.48%

Correlation

The correlation between UB01.L and SEMC.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (5Y) Calculated over the trailing 5-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Nov 14, 2017	-0.00

Return for Risk

UB01.L vs. SEMC.L — Risk / Return Rank

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

UB01.L

UB01.L Risk / Return Rank: 42
UB01.L Sharpe Ratio Rank: 42
UB01.L Sortino Ratio Rank: 42
UB01.L Omega Ratio Rank: 42
UB01.L Calmar Ratio Rank: 42
UB01.L Martin Ratio Rank: 41

SEMC.L

SEMC.L Risk / Return Rank: 49
SEMC.L Sharpe Ratio Rank: 47
SEMC.L Sortino Ratio Rank: 50
SEMC.L Omega Ratio Rank: 45
SEMC.L Calmar Ratio Rank: 55
SEMC.L Martin Ratio Rank: 48

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.

UB01.L vs. SEMC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis (UB01.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.

	UB01.L	SEMC.L	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.61	-0.17
Sortino ratio: Return per unit of downside risk	2.12	2.43	-0.30
Omega ratio: Gain probability vs. loss probability	1.27	1.29	-0.02
Calmar ratio: Return relative to maximum drawdown	2.05	2.69	-0.64
Martin ratio: Return relative to average drawdown	6.42	7.88	-1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UB01.L vs. SEMC.L - Sharpe Ratio Comparison

The current UB01.L Sharpe Ratio is 1.44, which is comparable to the SEMC.L Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of UB01.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.

Sharpe Ratios by Period

	UB01.L	SEMC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.61	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	0.53	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	0.35	+1.26

Drawdowns

UB01.L vs. SEMC.L - Drawdown Comparison

The maximum UB01.L drawdown since its inception was -29.27%, 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 UB01.L and SEMC.L.

Drawdown Indicators

	UB01.L	SEMC.L	Difference
Max Drawdown Largest peak-to-trough decline	-29.27%	-12.52%	-16.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-3.43%	-7.95%
Max Drawdown (3Y) Largest decline over 3 years	-13.55%	-7.69%	-5.86%
Max Drawdown (5Y) Largest decline over 5 years	-21.12%	-11.89%	-9.23%
Max Drawdown (10Y) Largest decline over 10 years	-29.27%	—	—
Current Drawdown Current decline from peak	-0.60%	-0.29%	-0.31%
Average Drawdown Average peak-to-trough decline	-4.20%	-4.98%	+0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	1.18%	+2.74%

Volatility

UB01.L vs. SEMC.L - Volatility Comparison

UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis (UB01.L) has a higher volatility of 4.80% compared to UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L) at 1.50%. This indicates that UB01.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

	UB01.L	SEMC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	1.50%	+3.30%
Volatility (6M) Calculated over the trailing 6-month period	12.76%	4.15%	+8.61%
Volatility (1Y) Calculated over the trailing 1-year period	16.17%	5.74%	+10.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.79%	7.61%	+19.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.14%	8.18%	+22.96%

UB01.L vs. SEMC.L - Expense Ratio Comparison

UB01.L has a 0.15% expense ratio, which is lower than SEMC.L's 0.42% expense ratio.

Dividends

UB01.L vs. SEMC.L - Dividend Comparison

UB01.L's dividend yield for the trailing twelve months is around 2.56%, less than SEMC.L's 5.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis	5.78%	6.51%	5.02%	5.04%	3.98%	3.97%	4.77%	5.18%	1.98%	0.00%	0.00%	0.00%
UB01.L UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis	2.56%	2.43%	3.13%	2.86%	2.78%	1.94%	1.93%	3.04%	2.77%	2.89%	3.55%	3.50%

Frequently Asked Questions

Can I hold both UB01.L and SEMC.L in my portfolio?

UB01.L and SEMC.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UB01.L or SEMC.L?

On fees, UB01.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UB01.L or SEMC.L?

UB01.L is cheaper with a 0.15% expense ratio, compared with 0.42% for SEMC.L.

What is the main difference between UB01.L and SEMC.L?

UB01.L is categorized as Europe Equities, while SEMC.L is Emerging Markets Bonds. UB01.L tracks MSCI EMU NR EUR, while SEMC.L tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.15% for UB01.L and 0.42% for SEMC.L.