UBU5.DE vs. DEAM.DE

Last updated Jun 5, 2026

UBU5.DE (UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis) and DEAM.DE (Invesco MDAX UCITS ETF A) are both exchange-traded funds - UBU5.DE is a Large Cap Value Equities fund tracking the MSCI USA Value, while DEAM.DE is a Europe Equities fund tracking the MDAX®. Both are passively managed. Over the past 5 years, UBU5.DE returned 10.27%/yr vs -0.95%/yr for DEAM.DE. A 0.53 correlation means they provide meaningful diversification when combined. UBU5.DE charges 0.20%/yr vs 0.19%/yr for DEAM.DE.

Performance

UBU5.DE vs. DEAM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UBU5.DE) and Invesco MDAX UCITS ETF A (DEAM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBU5.DE achieves a 11.44% return, which is significantly higher than DEAM.DE's 6.73% return.

UBU5.DE

• 1D: 0.60%
• 1M: 3.72%
• YTD: 11.44%
• 6M: 11.93%
• 1Y: 20.18%
• 3Y*: 13.20%
• 5Y*: 10.27%
• 10Y*: 9.94%

DEAM.DE

• 1D: 0.22%
• 1M: 5.09%
• YTD: 6.73%
• 6M: 10.46%
• 1Y: 5.21%
• 3Y*: 6.11%
• 5Y*: -0.95%
• 10Y*: —

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

UBU5.DE vs. DEAM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UBU5.DE UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	11.44%	1.10%	19.93%	6.38%	-1.60%	38.43%	-9.93%	14.90%
DEAM.DE Invesco MDAX UCITS ETF A	6.73%	19.33%	-6.03%	7.33%	-28.80%	13.67%	8.05%	15.51%

Correlation

The correlation between UBU5.DE and DEAM.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019	0.53

The correlation between UBU5.DE and DEAM.DE shifts across timeframes, from 0.41 (3 years) to 0.53 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UBU5.DE vs. DEAM.DE — Risk / Return Rank

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

UBU5.DE

UBU5.DE Risk / Return Rank: 70
UBU5.DE Sharpe Ratio Rank: 63
UBU5.DE Sortino Ratio Rank: 62
UBU5.DE Omega Ratio Rank: 64
UBU5.DE Calmar Ratio Rank: 82
UBU5.DE Martin Ratio Rank: 77

DEAM.DE

DEAM.DE Risk / Return Rank: 13
DEAM.DE Sharpe Ratio Rank: 13
DEAM.DE Sortino Ratio Rank: 13
DEAM.DE Omega Ratio Rank: 13
DEAM.DE Calmar Ratio Rank: 13
DEAM.DE Martin Ratio Rank: 14

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.

UBU5.DE vs. DEAM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UBU5.DE) and Invesco MDAX UCITS ETF A (DEAM.DE). 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.

	UBU5.DE	DEAM.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.07	0.28	+1.79
Sortino ratio: Return per unit of downside risk	2.88	0.54	+2.34
Omega ratio: Gain probability vs. loss probability	1.38	1.06	+0.32
Calmar ratio: Return relative to maximum drawdown	4.28	0.36	+3.92
Martin ratio: Return relative to average drawdown	14.64	0.98	+13.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBU5.DE vs. DEAM.DE - Sharpe Ratio Comparison

The current UBU5.DE Sharpe Ratio is 2.07, which is higher than the DEAM.DE Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of UBU5.DE and DEAM.DE, 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

	UBU5.DE	DEAM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	0.28	+1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	-0.05	+0.81
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.18	+0.56

Drawdowns

UBU5.DE vs. DEAM.DE - Drawdown Comparison

The maximum UBU5.DE drawdown since its inception was -36.36%, smaller than the maximum DEAM.DE drawdown of -40.04%. Use the drawdown chart below to compare losses from any high point for UBU5.DE and DEAM.DE.

Drawdown Indicators

	UBU5.DE	DEAM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.36%	-40.04%	+3.68%
Max Drawdown (1Y) Largest decline over 1 year	-4.70%	-14.47%	+9.77%
Max Drawdown (3Y) Largest decline over 3 years	-19.90%	-18.48%	-1.42%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	-40.04%	+20.14%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	—	—
Current Drawdown Current decline from peak	0.00%	-11.42%	+11.42%
Average Drawdown Average peak-to-trough decline	-4.82%	-16.30%	+11.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	5.26%	-3.88%

Volatility

UBU5.DE vs. DEAM.DE - Volatility Comparison

The current volatility for UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UBU5.DE) is 2.15%, while Invesco MDAX UCITS ETF A (DEAM.DE) has a volatility of 5.08%. This indicates that UBU5.DE experiences smaller price fluctuations and is considered to be less risky than DEAM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBU5.DE	DEAM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.15%	5.08%	-2.93%
Volatility (6M) Calculated over the trailing 6-month period	6.40%	15.33%	-8.93%
Volatility (1Y) Calculated over the trailing 1-year period	9.72%	18.59%	-8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.36%	19.26%	-5.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.47%	19.61%	-4.14%

UBU5.DE vs. DEAM.DE - Expense Ratio Comparison

UBU5.DE has a 0.20% expense ratio, which is higher than DEAM.DE's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

UBU5.DE vs. DEAM.DE - Dividend Comparison

UBU5.DE's dividend yield for the trailing twelve months is around 1.17%, while DEAM.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEAM.DE Invesco MDAX UCITS ETF A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBU5.DE UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	1.17%	1.95%	1.60%	2.86%	1.80%	1.27%	2.18%	1.75%	2.10%	1.81%	2.10%	2.04%

Frequently Asked Questions

Can I hold both UBU5.DE and DEAM.DE in my portfolio?

UBU5.DE and DEAM.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UBU5.DE or DEAM.DE?

On fees, DEAM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UBU5.DE or DEAM.DE?

DEAM.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for UBU5.DE.

What is the main difference between UBU5.DE and DEAM.DE?

UBU5.DE is categorized as Large Cap Value Equities, while DEAM.DE is Europe Equities. UBU5.DE tracks MSCI USA Value, while DEAM.DE tracks MDAX®. They also come from different issuers: UBS and Invesco. Their fees differ too: 0.20% for UBU5.DE and 0.19% for DEAM.DE.