UBUD.DE vs. UEFS.DE
UBUD.DE (UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist) and UEFS.DE (UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist) are both exchange-traded funds - UBUD.DE is a Precious Metals fund tracking the Solactive Global Pure Gold Miners, while UEFS.DE is a Emerging Markets Bonds fund tracking the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. Both are passively managed. Over the past 10 years, UBUD.DE returned 14.59%/yr vs 3.55%/yr for UEFS.DE. At a 0.03 correlation, their price movements are largely independent. UBUD.DE charges 0.43%/yr vs 0.25%/yr for UEFS.DE.
Performance
UBUD.DE vs. UEFS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UBUD.DE achieves a -6.38% return, which is significantly lower than UEFS.DE's 3.71% return. Over the past 10 years, UBUD.DE has outperformed UEFS.DE with an annualized return of 14.59%, while UEFS.DE has yielded a comparatively lower 3.55% annualized return.
UBUD.DE
- 1D
- -0.04%
- 1M
- -3.95%
- YTD
- -6.38%
- 6M
- 0.94%
- 1Y
- 47.84%
- 3Y*
- 42.44%
- 5Y*
- 24.10%
- 10Y*
- 14.59%
UEFS.DE
- 1D
- -0.03%
- 1M
- 1.91%
- YTD
- 3.71%
- 6M
- 3.67%
- 1Y
- 11.43%
- 3Y*
- 8.56%
- 5Y*
- 3.30%
- 10Y*
- 3.55%
UBUD.DE vs. UEFS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist | -6.38% | 144.52% | 34.69% | 6.34% | 0.11% | -8.41% | 15.71% | 40.46% | -6.02% | -3.26% |
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 3.71% | 2.37% | 13.84% | 8.28% | -14.67% | 5.66% | -4.70% | 17.07% | 0.35% | -3.07% |
Correlation
The correlation between UBUD.DE and UEFS.DE 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 | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2016 | 0.03 |
The correlation between UBUD.DE and UEFS.DE shifts across timeframes, from -0.06 (1 year) to 0.09 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
UBUD.DE vs. UEFS.DE — Risk / Return Rank
UBUD.DE
UEFS.DE
UBUD.DE vs. UEFS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) and UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.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.
| UBUD.DE | UEFS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.38 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 3.96 | -2.32 |
| Martin ratioReturn relative to average drawdown | 4.06 | 12.59 | -8.53 |
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
| UBUD.DE | UEFS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.98 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.38 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.38 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.44 | -0.18 |
Drawdowns
UBUD.DE vs. UEFS.DE - Drawdown Comparison
The maximum UBUD.DE drawdown since its inception was -57.79%, which is greater than UEFS.DE's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for UBUD.DE and UEFS.DE.
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Drawdown Indicators
| UBUD.DE | UEFS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.79% | -24.26% | -33.53% |
Max Drawdown (1Y)Largest decline over 1 year | -28.94% | -2.87% | -26.07% |
Max Drawdown (3Y)Largest decline over 3 years | -28.94% | -13.70% | -15.24% |
Max Drawdown (5Y)Largest decline over 5 years | -38.21% | -17.84% | -20.37% |
Max Drawdown (10Y)Largest decline over 10 years | -50.40% | -24.26% | -26.14% |
Current DrawdownCurrent decline from peak | -27.15% | -0.03% | -27.12% |
Average DrawdownAverage peak-to-trough decline | -28.07% | -7.41% | -20.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.75% | 0.91% | +10.84% |
Volatility
UBUD.DE vs. UEFS.DE - Volatility Comparison
UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) has a higher volatility of 13.71% compared to UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) at 1.27%. This indicates that UBUD.DE's price experiences larger fluctuations and is considered to be riskier than UEFS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UBUD.DE | UEFS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.71% | 1.27% | +12.44% |
Volatility (6M)Calculated over the trailing 6-month period | 35.92% | 3.77% | +32.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.63% | 5.76% | +39.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.68% | 8.69% | +26.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.58% | 9.37% | +26.21% |
UBUD.DE vs. UEFS.DE - Expense Ratio Comparison
UBUD.DE has a 0.43% expense ratio, which is higher than UEFS.DE's 0.25% expense ratio.
Dividends
UBUD.DE vs. UEFS.DE - Dividend Comparison
UBUD.DE's dividend yield for the trailing twelve months is around 0.59%, less than UEFS.DE's 6.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist | 0.59% | 0.40% | 0.56% | 1.74% | 1.12% | 1.15% | 0.44% | 0.42% | 0.48% | 0.46% | 0.43% | 1.38% |
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 6.50% | 7.96% | 6.14% | 6.46% | 6.08% | 4.22% | 5.09% | 4.60% | 4.53% | 4.90% | 2.30% | 0.00% |
Frequently Asked Questions
UBUD.DE and UEFS.DE 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, UEFS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEFS.DE is cheaper with a 0.25% expense ratio, compared with 0.43% for UBUD.DE.
UBUD.DE is categorized as Precious Metals, while UEFS.DE is Emerging Markets Bonds. UBUD.DE tracks Solactive Global Pure Gold Miners, while UEFS.DE tracks Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. Their fees differ too: 0.43% for UBUD.DE and 0.25% for UEFS.DE.
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