UB17.L vs. EEI.L

Last updated Jun 5, 2026

UB17.L (UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis) and EEI.L (WisdomTree Europe Equity Income UCITS ETF) are both Europe Equities funds - UB17.L tracks the MSCI EMU NR EUR while EEI.L tracks the MSCI Europe High Div Yld NR EUR. Both are passively managed. Over the past 10 years, UB17.L returned 10.97%/yr vs 4.18%/yr for EEI.L. At a 0.40 correlation, their price movements are largely independent. UB17.L charges 0.25%/yr vs 0.29%/yr for EEI.L.

Performance

UB17.L vs. EEI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) and WisdomTree Europe Equity Income UCITS ETF (EEI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UB17.L achieves a 5.70% return, which is significantly lower than EEI.L's 10.61% return. Over the past 10 years, UB17.L has outperformed EEI.L with an annualized return of 10.97%, while EEI.L has yielded a comparatively lower 4.18% annualized return.

UB17.L

• 1D: 0.30%
• 1M: 2.62%
• YTD: 5.70%
• 6M: 10.09%
• 1Y: 24.74%
• 3Y*: 19.82%
• 5Y*: 13.36%
• 10Y*: 10.97%

EEI.L

• 1D: -0.21%
• 1M: 1.61%
• YTD: 10.61%
• 6M: 13.56%
• 1Y: 22.61%
• 3Y*: 10.39%
• 5Y*: 6.38%
• 10Y*: 4.18%

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

UB17.L vs. EEI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UB17.L UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis	5.70%	45.25%	4.09%	19.69%	-2.09%	12.46%	-2.84%	12.93%	-14.42%	17.41%
EEI.L WisdomTree Europe Equity Income UCITS ETF	10.61%	26.84%	-7.65%	5.93%	0.84%	5.79%	-16.98%	9.05%	-10.50%	9.28%

Correlation

The correlation between UB17.L and EEI.L is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since Oct 27, 2014	0.40

Over the past year, UB17.L and EEI.L have become more correlated (0.76) than their long-term average of 0.40, meaning their price movements have been converging.

UB17.L vs. EEI.L - Sectors Allocation Comparison

Sectors	UB17.L	EEI.L
Financial Services	42.2%	24.7%
Utilities	11.8%	16.7%
Industrials	10.2%	15.3%
Energy	7.7%	11.6%
Healthcare	6.0%	2.8%
Consumer Defensive	5.2%	2.3%
Communication Services	5.1%	8.6%
Consumer Cyclical	4.5%	3.3%
Basic Materials	3.5%	8.3%
Technology	2.4%	1.5%
Real Estate	1.5%	4.8%

Return for Risk

UB17.L vs. EEI.L — Risk / Return Rank

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

UB17.L

UB17.L Risk / Return Rank: 62
UB17.L Sharpe Ratio Rank: 65
UB17.L Sortino Ratio Rank: 62
UB17.L Omega Ratio Rank: 64
UB17.L Calmar Ratio Rank: 63
UB17.L Martin Ratio Rank: 58

EEI.L

EEI.L Risk / Return Rank: 60
EEI.L Sharpe Ratio Rank: 63
EEI.L Sortino Ratio Rank: 58
EEI.L Omega Ratio Rank: 64
EEI.L Calmar Ratio Rank: 56
EEI.L Martin Ratio Rank: 60

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.

UB17.L vs. EEI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) and WisdomTree Europe Equity Income UCITS ETF (EEI.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.

	UB17.L	EEI.L	Difference
Sharpe ratio: Return per unit of total volatility	2.13	2.07	+0.06
Sortino ratio: Return per unit of downside risk	2.87	2.72	+0.15
Omega ratio: Gain probability vs. loss probability	1.38	1.38	0.00
Calmar ratio: Return relative to maximum drawdown	3.10	2.71	+0.39
Martin ratio: Return relative to average drawdown	10.19	10.53	-0.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UB17.L vs. EEI.L - Sharpe Ratio Comparison

The current UB17.L Sharpe Ratio is 2.13, which is comparable to the EEI.L Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of UB17.L and EEI.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

	UB17.L	EEI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	2.07	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.31	0.46	+0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.27	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.21	+0.79

Drawdowns

UB17.L vs. EEI.L - Drawdown Comparison

The maximum UB17.L drawdown since its inception was -38.67%, roughly equal to the maximum EEI.L drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for UB17.L and EEI.L.

Drawdown Indicators

	UB17.L	EEI.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.67%	-37.68%	-0.99%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-8.29%	-1.39%
Max Drawdown (3Y) Largest decline over 3 years	-12.56%	-14.75%	+2.19%
Max Drawdown (5Y) Largest decline over 5 years	-19.05%	-17.71%	-1.34%
Max Drawdown (10Y) Largest decline over 10 years	-38.67%	-37.68%	-0.99%
Current Drawdown Current decline from peak	-1.42%	-0.98%	-0.44%
Average Drawdown Average peak-to-trough decline	-5.25%	-11.38%	+6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.14%	+0.94%

Volatility

UB17.L vs. EEI.L - Volatility Comparison

UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) and WisdomTree Europe Equity Income UCITS ETF (EEI.L) have volatilities of 3.60% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UB17.L	EEI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	3.45%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	10.59%	8.55%	+2.04%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	10.89%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.03%	13.75%	+6.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.37%	15.52%	+10.85%

UB17.L vs. EEI.L - Expense Ratio Comparison

UB17.L has a 0.25% expense ratio, which is lower than EEI.L's 0.29% expense ratio.

Dividends

UB17.L vs. EEI.L - Dividend Comparison

UB17.L's dividend yield for the trailing twelve months is around 3.77%, more than EEI.L's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEI.L WisdomTree Europe Equity Income UCITS ETF	0.05%	0.05%	0.07%	0.06%	0.05%	0.05%	0.06%	0.06%	0.05%	0.04%	0.03%	0.04%
UB17.L UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis	3.77%	3.37%	3.64%	3.87%	4.01%	2.74%	2.39%	4.11%	4.02%	3.42%	5.21%	4.14%

Frequently Asked Questions

Can I hold both UB17.L and EEI.L in my portfolio?

UB17.L and EEI.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UB17.L or EEI.L?

On fees, UB17.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UB17.L or EEI.L?

UB17.L is cheaper with a 0.25% expense ratio, compared with 0.29% for EEI.L.

What is the main difference between UB17.L and EEI.L?

UB17.L tracks MSCI EMU NR EUR, while EEI.L tracks MSCI Europe High Div Yld NR EUR. They also come from different issuers: UBS and WisdomTree. Their fees differ too: 0.25% for UB17.L and 0.29% for EEI.L.