UBUD.DE vs. VVMX.DE

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) and VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE).

UBUD.DE and VVMX.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBUD.DE is a passively managed fund by UBS that tracks the performance of the Solactive Global Pure Gold Miners. It was launched on Nov 15, 2012. VVMX.DE is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals. It was launched on Sep 24, 2021. Both UBUD.DE and VVMX.DE 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

UBUD.DE vs. VVMX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) and VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE). The values are adjusted to include any dividend payments, if applicable.

UBUD.DE vs. VVMX.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UBUD.DE UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist	10.71%	144.52%	34.69%	6.34%	0.11%	14.88%
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A	21.11%	68.45%	-30.81%	-21.17%	-26.46%	17.29%

Returns By Period

In the year-to-date period, UBUD.DE achieves a 10.71% return, which is significantly lower than VVMX.DE's 21.11% return.

UBUD.DE

• 1D: 7.28%
• 1M: -13.53%
• YTD: 10.71%
• 6M: 29.45%
• 1Y: 103.48%
• 3Y*: 50.21%
• 5Y*: 30.77%
• 10Y*: 19.01%

VVMX.DE

• 1D: 2.48%
• 1M: -10.99%
• YTD: 21.11%
• 6M: 37.54%
• 1Y: 114.04%
• 3Y*: 1.74%
• 5Y*: —
• 10Y*: —

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

UBUD.DE vs. VVMX.DE - Expense Ratio Comparison

UBUD.DE has a 0.43% expense ratio, which is lower than VVMX.DE's 0.59% expense ratio.

VVMX.DE

VanEck Rare Earth and Strategic Metals UCITS ETF A

UBUD.DE

UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist

Return for Risk

UBUD.DE vs. VVMX.DE — Risk / Return Rank

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

UBUD.DE

UBUD.DE Risk / Return Rank: 90
UBUD.DE Sharpe Ratio Rank: 93
UBUD.DE Sortino Ratio Rank: 88
UBUD.DE Omega Ratio Rank: 84
UBUD.DE Calmar Ratio Rank: 93
UBUD.DE Martin Ratio Rank: 91

VVMX.DE

VVMX.DE Risk / Return Rank: 94
VVMX.DE Sharpe Ratio Rank: 95
VVMX.DE Sortino Ratio Rank: 94
VVMX.DE Omega Ratio Rank: 87
VVMX.DE Calmar Ratio Rank: 98
VVMX.DE Martin Ratio Rank: 94

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.

UBUD.DE vs. VVMX.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 VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.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	VVMX.DE	Difference
Sharpe ratio Return per unit of total volatility	2.25	2.50	-0.24
Sortino ratio Return per unit of downside risk	2.53	3.00	-0.47
Omega ratio Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio Return relative to maximum drawdown	3.67	5.76	-2.09
Martin ratio Return relative to average drawdown	12.76	15.33	-2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBUD.DE vs. VVMX.DE - Sharpe Ratio Comparison

The current UBUD.DE Sharpe Ratio is 2.25, which is comparable to the VVMX.DE Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of UBUD.DE and VVMX.DE, 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

	UBUD.DE	VVMX.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.50	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	-0.02	+0.33

Correlation

The correlation between UBUD.DE and VVMX.DE is 0.38, 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

UBUD.DE vs. VVMX.DE - Dividend Comparison

UBUD.DE's dividend yield for the trailing twelve months is around 0.50%, while VVMX.DE has not paid dividends to shareholders.

	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	0.50%	0.40%	0.56%	1.74%	1.12%	1.15%	0.44%	0.42%	0.48%	0.46%	0.43%	1.38%
VVMX.DE VanEck Rare Earth and Strategic Metals 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%

Drawdowns

UBUD.DE vs. VVMX.DE - Drawdown Comparison

The maximum UBUD.DE drawdown since its inception was -57.79%, smaller than the maximum VVMX.DE drawdown of -73.26%. Use the drawdown chart below to compare losses from any high point for UBUD.DE and VVMX.DE.

Drawdown Indicators

	UBUD.DE	VVMX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-57.79%	-73.26%	+15.47%
Max Drawdown (1Y) Largest decline over 1 year	-28.94%	-20.40%	-8.54%
Max Drawdown (5Y) Largest decline over 5 years	-38.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.40%	—	—
Current Drawdown Current decline from peak	-13.85%	-30.73%	+16.88%
Average Drawdown Average peak-to-trough decline	-28.17%	-41.88%	+13.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	7.67%	+0.65%

Volatility

UBUD.DE vs. VVMX.DE - Volatility Comparison

UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist (UBUD.DE) has a higher volatility of 18.81% compared to VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) at 15.68%. This indicates that UBUD.DE's price experiences larger fluctuations and is considered to be riskier than VVMX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBUD.DE	VVMX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	15.68%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	38.95%	37.34%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	45.70%	45.44%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.08%	36.25%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.66%	36.25%	-0.59%