UBUD.DE vs. VZLE.DE
UBUD.DE (UBS ETF (IE) Solactive Global Pure Gold Miners UCITS ETF (USD) Dist) and VZLE.DE (WisdomTree Physical Precious Metals) are both Precious Metals funds - UBUD.DE tracks the Solactive Global Pure Gold Miners while VZLE.DE tracks the LBMA & LPPM Precious Metals Price PM - Benchmark Price Return. Both are passively managed. Over the past 10 years, UBUD.DE returned 14.59%/yr vs 12.20%/yr for VZLE.DE. A 0.52 correlation means they provide meaningful diversification when combined. UBUD.DE charges 0.43%/yr vs 0.44%/yr for VZLE.DE.
Performance
UBUD.DE vs. VZLE.DE - Performance Comparison
Loading charts...
Different Trading Currencies
UBUD.DE is traded in EUR, while VZLE.DE is traded in USD. To make them comparable, the VZLE.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UBUD.DE achieves a -6.38% return, which is significantly lower than VZLE.DE's -1.12% return. Over the past 10 years, UBUD.DE has outperformed VZLE.DE with an annualized return of 14.59%, while VZLE.DE has yielded a comparatively lower 12.20% 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%
VZLE.DE
- 1D
- -0.44%
- 1M
- -1.27%
- YTD
- -1.12%
- 6M
- 10.90%
- 1Y
- 45.87%
- 3Y*
- 21.82%
- 5Y*
- 13.65%
- 10Y*
- 12.20%
UBUD.DE vs. VZLE.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% |
VZLE.DE WisdomTree Physical Precious Metals | -1.12% | 50.99% | 30.82% | -9.42% | 10.88% | 6.60% | 4.47% | 31.26% | 9.47% | -10.88% |
Correlation
The correlation between UBUD.DE and VZLE.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2013 | 0.52 |
The correlation between UBUD.DE and VZLE.DE shifts across timeframes, from 0.51 (10 years) to 0.65 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UBUD.DE vs. VZLE.DE — Risk / Return Rank
UBUD.DE
VZLE.DE
UBUD.DE vs. VZLE.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 WisdomTree Physical Precious Metals (VZLE.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 | VZLE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.27 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.02 | -0.38 |
| Martin ratioReturn relative to average drawdown | 4.06 | 4.73 | -0.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UBUD.DE | VZLE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.42 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.58 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.58 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.46 | -0.20 |
Drawdowns
UBUD.DE vs. VZLE.DE - Drawdown Comparison
The maximum UBUD.DE drawdown since its inception was -57.79%, which is greater than VZLE.DE's maximum drawdown of -39.29%. Use the drawdown chart below to compare losses from any high point for UBUD.DE and VZLE.DE.
Loading charts...
Drawdown Indicators
| UBUD.DE | VZLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.79% | -39.29% | -18.50% |
Max Drawdown (1Y)Largest decline over 1 year | -28.94% | -22.56% | -6.38% |
Max Drawdown (3Y)Largest decline over 3 years | -28.94% | -22.56% | -6.38% |
Max Drawdown (5Y)Largest decline over 5 years | -38.21% | -28.94% | -9.27% |
Max Drawdown (10Y)Largest decline over 10 years | -50.40% | -28.94% | -21.46% |
Current DrawdownCurrent decline from peak | -27.15% | -20.66% | -6.49% |
Average DrawdownAverage peak-to-trough decline | -28.07% | -13.88% | -14.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.75% | 9.66% | +2.09% |
Volatility
UBUD.DE vs. VZLE.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 WisdomTree Physical Precious Metals (VZLE.DE) at 6.89%. This indicates that UBUD.DE's price experiences larger fluctuations and is considered to be riskier than VZLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UBUD.DE | VZLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.71% | 6.89% | +6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 35.92% | 28.75% | +7.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.63% | 32.12% | +13.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.68% | 23.25% | +12.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.58% | 20.78% | +14.80% |
UBUD.DE vs. VZLE.DE - Expense Ratio Comparison
UBUD.DE has a 0.43% expense ratio, which is lower than VZLE.DE's 0.44% expense ratio.
Dividends
UBUD.DE vs. VZLE.DE - Dividend Comparison
UBUD.DE's dividend yield for the trailing twelve months is around 0.59%, while VZLE.DE has not paid dividends to shareholders.
| 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% |
VZLE.DE WisdomTree Physical Precious Metals | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UBUD.DE and VZLE.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBUD.DE is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBUD.DE is cheaper with a 0.43% expense ratio, compared with 0.44% for VZLE.DE.
UBUD.DE tracks Solactive Global Pure Gold Miners, while VZLE.DE tracks LBMA & LPPM Precious Metals Price PM - Benchmark Price Return. They also come from different issuers: UBS and WisdomTree. Their fees differ too: 0.43% for UBUD.DE and 0.44% for VZLE.DE.
Find the right allocation for UBUD.DE and VZLE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer