UB20.L vs. XKS2.L

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L) and Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L).

UB20.L and XKS2.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UB20.L is a passively managed fund by UBS that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Oct 2, 2009. XKS2.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI Korea NR USD. It was launched on Jul 5, 2007. Both UB20.L and XKS2.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

UB20.L vs. XKS2.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L) and Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L). The values are adjusted to include any dividend payments, if applicable.

UB20.L vs. XKS2.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UB20.L UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis	7.30%	12.00%	6.98%	-0.60%	5.80%	5.29%	2.35%	16.21%	-6.21%	14.50%
XKS2.L Xtrackers MSCI Korea UCITS ETF 1C	32.59%	85.79%	-21.66%	13.44%	-19.57%	-7.21%	38.65%	7.36%	-16.54%	32.58%

Returns By Period

In the year-to-date period, UB20.L achieves a 7.30% return, which is significantly lower than XKS2.L's 32.59% return. Over the past 10 years, UB20.L has underperformed XKS2.L with an annualized return of 8.51%, while XKS2.L has yielded a comparatively higher 12.64% annualized return.

UB20.L

• 1D: 1.84%
• 1M: -3.55%
• YTD: 7.30%
• 6M: 7.42%
• 1Y: 21.61%
• 3Y*: 8.74%
• 5Y*: 6.59%
• 10Y*: 8.51%

XKS2.L

• 1D: 8.88%
• 1M: -11.50%
• YTD: 32.59%
• 6M: 64.35%
• 1Y: 135.97%
• 3Y*: 27.67%
• 5Y*: 9.68%
• 10Y*: 12.64%

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

UB20.L vs. XKS2.L - Expense Ratio Comparison

UB20.L has a 0.30% expense ratio, which is lower than XKS2.L's 0.65% expense ratio.

XKS2.L

Xtrackers MSCI Korea UCITS ETF 1C

UB20.L

UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis

Return for Risk

UB20.L vs. XKS2.L — Risk / Return Rank

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

UB20.L

UB20.L Risk / Return Rank: 72
UB20.L Sharpe Ratio Rank: 78
UB20.L Sortino Ratio Rank: 74
UB20.L Omega Ratio Rank: 78
UB20.L Calmar Ratio Rank: 63
UB20.L Martin Ratio Rank: 69

XKS2.L

XKS2.L Risk / Return Rank: 98
XKS2.L Sharpe Ratio Rank: 99
XKS2.L Sortino Ratio Rank: 98
XKS2.L Omega Ratio Rank: 98
XKS2.L Calmar Ratio Rank: 98
XKS2.L Martin Ratio Rank: 98

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.

UB20.L vs. XKS2.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L) and Xtrackers MSCI Korea UCITS ETF 1C (XKS2.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.

	UB20.L	XKS2.L	Difference
Sharpe ratio Return per unit of total volatility	1.52	4.37	-2.85
Sortino ratio Return per unit of downside risk	1.98	4.66	-2.69
Omega ratio Gain probability vs. loss probability	1.32	1.66	-0.35
Calmar ratio Return relative to maximum drawdown	1.80	6.45	-4.66
Martin ratio Return relative to average drawdown	7.99	24.37	-16.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UB20.L vs. XKS2.L - Sharpe Ratio Comparison

The current UB20.L Sharpe Ratio is 1.52, which is lower than the XKS2.L Sharpe Ratio of 4.37. The chart below compares the historical Sharpe Ratios of UB20.L and XKS2.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

	UB20.L	XKS2.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	4.37	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.42	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.54	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.29	+0.39

Correlation

The correlation between UB20.L and XKS2.L is 0.35, 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

UB20.L vs. XKS2.L - Dividend Comparison

UB20.L's dividend yield for the trailing twelve months is around 2.97%, while XKS2.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UB20.L UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis	2.97%	3.86%	3.26%	3.97%	3.64%	2.60%	3.05%	4.03%	4.36%	3.43%	4.00%	5.16%
XKS2.L Xtrackers MSCI Korea UCITS ETF 1C	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

UB20.L vs. XKS2.L - Drawdown Comparison

The maximum UB20.L drawdown since its inception was -30.04%, smaller than the maximum XKS2.L drawdown of -62.63%. Use the drawdown chart below to compare losses from any high point for UB20.L and XKS2.L.

Drawdown Indicators

	UB20.L	XKS2.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.04%	-62.63%	+32.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-21.33%	+9.48%
Max Drawdown (5Y) Largest decline over 5 years	-17.80%	-41.55%	+23.75%
Max Drawdown (10Y) Largest decline over 10 years	-30.04%	-44.01%	+13.97%
Current Drawdown Current decline from peak	-4.44%	-14.35%	+9.91%
Average Drawdown Average peak-to-trough decline	-5.66%	-15.88%	+10.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	5.65%	-2.89%

Volatility

UB20.L vs. XKS2.L - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L) is 4.54%, while Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) has a volatility of 15.95%. This indicates that UB20.L experiences smaller price fluctuations and is considered to be less risky than XKS2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UB20.L	XKS2.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	15.95%	-11.41%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	26.95%	-18.45%
Volatility (1Y) Calculated over the trailing 1-year period	14.74%	31.02%	-16.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.37%	23.21%	-7.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	23.33%	-5.04%