UB17.L vs. S7XP.L

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L).

UB17.L and S7XP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UB17.L is a passively managed fund by UBS that tracks the performance of the MSCI EMU NR EUR. It was launched on Oct 2, 2009. S7XP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Financials NR USD. It was launched on Apr 11, 2011. Both UB17.L and S7XP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

UB17.L vs. S7XP.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 Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L). The values are adjusted to include any dividend payments, if applicable.

UB17.L vs. S7XP.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	0.98%	45.25%	4.09%	19.69%	-2.09%	12.46%	-2.84%	12.93%	-14.42%	17.41%
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	-5.51%	94.76%	25.39%	26.22%	6.71%	30.03%	-18.68%	10.65%	-30.92%	19.01%

Returns By Period

In the year-to-date period, UB17.L achieves a 0.98% return, which is significantly higher than S7XP.L's -5.51% return. Over the past 10 years, UB17.L has underperformed S7XP.L with an annualized return of 10.79%, while S7XP.L has yielded a comparatively higher 14.46% annualized return.

UB17.L

• 1D: 1.92%
• 1M: -2.33%
• YTD: 0.98%
• 6M: 9.49%
• 1Y: 26.89%
• 3Y*: 18.96%
• 5Y*: 13.66%
• 10Y*: 10.79%

S7XP.L

• 1D: 4.25%
• 1M: -4.56%
• YTD: -5.51%
• 6M: 6.02%
• 1Y: 40.13%
• 3Y*: 40.52%
• 5Y*: 29.01%
• 10Y*: 14.46%

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

UB17.L vs. S7XP.L - Expense Ratio Comparison

UB17.L has a 0.25% expense ratio, which is lower than S7XP.L's 0.30% expense ratio.

S7XP.L

Invesco EURO STOXX Optimised Banks UCITS ETF

UB17.L

UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis

Return for Risk

UB17.L vs. S7XP.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: 91
UB17.L Sharpe Ratio Rank: 90
UB17.L Sortino Ratio Rank: 89
UB17.L Omega Ratio Rank: 90
UB17.L Calmar Ratio Rank: 92
UB17.L Martin Ratio Rank: 93

S7XP.L

S7XP.L Risk / Return Rank: 77
S7XP.L Sharpe Ratio Rank: 81
S7XP.L Sortino Ratio Rank: 78
S7XP.L Omega Ratio Rank: 72
S7XP.L Calmar Ratio Rank: 80
S7XP.L Martin Ratio Rank: 75

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. S7XP.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 Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.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	S7XP.L	Difference
Sharpe ratio Return per unit of total volatility	2.09	1.59	+0.50
Sortino ratio Return per unit of downside risk	2.62	2.07	+0.54
Omega ratio Gain probability vs. loss probability	1.39	1.28	+0.12
Calmar ratio Return relative to maximum drawdown	3.72	2.38	+1.34
Martin ratio Return relative to average drawdown	14.82	8.46	+6.35
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. S7XP.L - Sharpe Ratio Comparison

The current UB17.L Sharpe Ratio is 2.09, which is higher than the S7XP.L Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of UB17.L and S7XP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UB17.L	S7XP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	1.59	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.38	1.13	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.52	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	0.34	+0.65

Correlation

The correlation between UB17.L and S7XP.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UB17.L vs. S7XP.L - Dividend Comparison

UB17.L's dividend yield for the trailing twelve months is around 3.95%, while S7XP.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UB17.L UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis	3.95%	3.37%	3.64%	3.87%	4.01%	2.74%	2.39%	4.11%	4.02%	3.42%	5.21%	4.14%
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UB17.L vs. S7XP.L - Drawdown Comparison

The maximum UB17.L drawdown since its inception was -38.67%, smaller than the maximum S7XP.L drawdown of -62.98%. Use the drawdown chart below to compare losses from any high point for UB17.L and S7XP.L.

Drawdown Indicators

	UB17.L	S7XP.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.67%	-62.98%	+24.31%
Max Drawdown (1Y) Largest decline over 1 year	-9.72%	-17.10%	+7.38%
Max Drawdown (5Y) Largest decline over 5 years	-19.05%	-35.01%	+15.96%
Max Drawdown (10Y) Largest decline over 10 years	-38.67%	-62.98%	+24.31%
Current Drawdown Current decline from peak	-4.88%	-11.08%	+6.20%
Average Drawdown Average peak-to-trough decline	-5.35%	-19.44%	+14.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	4.81%	-1.66%

Volatility

UB17.L vs. S7XP.L - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) is 5.43%, while Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) has a volatility of 9.96%. This indicates that UB17.L experiences smaller price fluctuations and is considered to be less risky than S7XP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UB17.L	S7XP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	9.96%	-4.53%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	17.45%	-7.00%
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	25.15%	-9.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.42%	25.68%	-5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.84%	28.01%	-1.17%