UB01.L vs. UC84.L
UB01.L (UBS ETF (LU) EURO STOXX 50 UCITS ETF (EUR) A-dis) and UC84.L (UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis) are both exchange-traded funds - UB01.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while UC84.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD. Both are passively managed. Over the past 10 years, UB01.L returned 11.99%/yr vs 3.15%/yr for UC84.L. At a correlation of -0.01, they often move in opposite directions. UB01.L charges 0.15%/yr vs 0.18%/yr for UC84.L.
Performance
UB01.L vs. UC84.L - Performance Comparison
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Returns By Period
In the year-to-date period, UB01.L achieves a 6.40% return, which is significantly higher than UC84.L's 0.32% return. Over the past 10 years, UB01.L has outperformed UC84.L with an annualized return of 11.99%, while UC84.L has yielded a comparatively lower 3.15% annualized 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%
UC84.L
- 1D
- 0.23%
- 1M
- 1.54%
- YTD
- 0.32%
- 6M
- -0.15%
- 1Y
- 6.36%
- 3Y*
- 2.40%
- 5Y*
- 1.22%
- 10Y*
- 3.15%
UB01.L vs. UC84.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% | 18.45% |
UC84.L UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis | 0.32% | 0.41% | 3.96% | 2.43% | -7.77% | -0.84% | 6.02% | 13.64% | 2.44% | -3.36% |
Correlation
The correlation between UB01.L and UC84.L is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2014 | -0.01 |
The correlation between UB01.L and UC84.L shifts across timeframes, from -0.05 (5 years) to 0.06 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
UB01.L vs. UC84.L — Risk / Return Rank
UB01.L
UC84.L
UB01.L vs. UC84.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) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.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 | UC84.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.18 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.31 | +0.74 |
| Martin ratioReturn relative to average drawdown | 6.42 | 3.20 | +3.22 |
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
| UB01.L | UC84.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 1.04 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.13 | +0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.68 | 0.30 | +1.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.61 | 0.39 | +1.21 |
Drawdowns
UB01.L vs. UC84.L - Drawdown Comparison
The maximum UB01.L drawdown since its inception was -29.27%, which is greater than UC84.L's maximum drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for UB01.L and UC84.L.
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Drawdown Indicators
| UB01.L | UC84.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.27% | -18.73% | -10.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.38% | -4.83% | -6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -13.55% | -8.52% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -14.49% | -6.63% |
Max Drawdown (10Y)Largest decline over 10 years | -29.27% | -18.73% | -10.54% |
Current DrawdownCurrent decline from peak | -0.60% | -8.33% | +7.73% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -8.19% | +3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 1.98% | +1.94% |
Volatility
UB01.L vs. UC84.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) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.L) at 1.50%. This indicates that UB01.L's price experiences larger fluctuations and is considered to be riskier than UC84.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UB01.L | UC84.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% | 4.47% | +8.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.17% | 6.08% | +10.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.79% | 9.08% | +17.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 10.40% | +20.74% |
UB01.L vs. UC84.L - Expense Ratio Comparison
UB01.L has a 0.15% expense ratio, which is lower than UC84.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
UB01.L vs. UC84.L - Dividend Comparison
UB01.L's dividend yield for the trailing twelve months is around 2.56%, less than UC84.L's 5.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UC84.L UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis | 5.52% | 4.82% | 4.55% | 4.27% | 2.69% | 2.28% | 3.02% | 3.48% | 3.37% | 2.98% | 3.21% | 1.40% |
Frequently Asked Questions
UB01.L and UC84.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
UB01.L is cheaper with a 0.15% expense ratio, compared with 0.18% for UC84.L.
UB01.L is categorized as Europe Equities, while UC84.L is Corporate Bonds. UB01.L tracks MSCI EMU NR EUR, while UC84.L tracks Bloomberg US Corp Bond TR USD. Their fees differ too: 0.15% for UB01.L and 0.18% for UC84.L.
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