UBUR.DE vs. EL4I.DE

Last updated Jun 5, 2026

UBUR.DE (UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis) and EL4I.DE (Deka MSCI USA Large Cap UCITS ETF) are both Large Cap Blend Equities funds - UBUR.DE tracks the MSCI USA Select Dynamic 50% Risk Weighted while EL4I.DE tracks the MSCI USA Large Cap. Both are passively managed. Over the past 5 years, UBUR.DE returned 6.64%/yr vs 14.69%/yr for EL4I.DE. At a 0.35 correlation, their price movements are largely independent. UBUR.DE charges 0.18%/yr vs 0.30%/yr for EL4I.DE.

Performance

UBUR.DE vs. EL4I.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis (UBUR.DE) and Deka MSCI USA Large Cap UCITS ETF (EL4I.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBUR.DE achieves a 0.53% return, which is significantly lower than EL4I.DE's 10.91% return.

UBUR.DE

• 1D: -0.14%
• 1M: -0.65%
• YTD: 0.53%
• 6M: 0.77%
• 1Y: -1.23%
• 3Y*: 5.82%
• 5Y*: 6.64%
• 10Y*: —

EL4I.DE

• 1D: -0.33%
• 1M: 4.51%
• YTD: 10.91%
• 6M: 10.29%
• 1Y: 25.45%
• 3Y*: 19.35%
• 5Y*: 14.69%
• 10Y*: 14.94%

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

UBUR.DE vs. EL4I.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBUR.DE UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis	0.53%	-5.64%	20.63%	2.15%	-0.28%	33.09%	-5.58%	30.74%	1.50%	3.98%
EL4I.DE Deka MSCI USA Large Cap UCITS ETF	10.91%	5.10%	32.52%	24.65%	-16.01%	38.80%	9.21%	34.03%	-0.66%	5.90%

Correlation

The correlation between UBUR.DE and EL4I.DE is -0.05, 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	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 24, 2017	0.35

The correlation between UBUR.DE and EL4I.DE shifts across timeframes, from -0.05 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UBUR.DE vs. EL4I.DE — Risk / Return Rank

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

UBUR.DE

UBUR.DE Risk / Return Rank: 7
UBUR.DE Sharpe Ratio Rank: 7
UBUR.DE Sortino Ratio Rank: 7
UBUR.DE Omega Ratio Rank: 7
UBUR.DE Calmar Ratio Rank: 6
UBUR.DE Martin Ratio Rank: 6

EL4I.DE

EL4I.DE Risk / Return Rank: 66
EL4I.DE Sharpe Ratio Rank: 63
EL4I.DE Sortino Ratio Rank: 62
EL4I.DE Omega Ratio Rank: 62
EL4I.DE Calmar Ratio Rank: 73
EL4I.DE Martin Ratio Rank: 68

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.

UBUR.DE vs. EL4I.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis (UBUR.DE) and Deka MSCI USA Large Cap UCITS ETF (EL4I.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.

	UBUR.DE	EL4I.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	2.09	-2.29
Sortino ratio: Return per unit of downside risk	-0.21	2.88	-3.08
Omega ratio: Gain probability vs. loss probability	0.98	1.37	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.28	3.59	-3.88
Martin ratio: Return relative to average drawdown	-0.64	12.40	-13.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBUR.DE vs. EL4I.DE - Sharpe Ratio Comparison

The current UBUR.DE Sharpe Ratio is -0.20, which is lower than the EL4I.DE Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of UBUR.DE and EL4I.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

	UBUR.DE	EL4I.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	2.09	-2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.85	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.70	+0.11

Drawdowns

UBUR.DE vs. EL4I.DE - Drawdown Comparison

The maximum UBUR.DE drawdown since its inception was -35.34%, smaller than the maximum EL4I.DE drawdown of -38.74%. Use the drawdown chart below to compare losses from any high point for UBUR.DE and EL4I.DE.

Drawdown Indicators

	UBUR.DE	EL4I.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.34%	-38.74%	+3.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-7.19%	-0.62%
Max Drawdown (3Y) Largest decline over 3 years	-14.40%	-23.91%	+9.51%
Max Drawdown (5Y) Largest decline over 5 years	-14.40%	-23.91%	+9.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.88%	—
Current Drawdown Current decline from peak	-11.30%	-0.56%	-10.74%
Average Drawdown Average peak-to-trough decline	-7.34%	-5.37%	-1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.86%	2.08%	+7.78%

Volatility

UBUR.DE vs. EL4I.DE - Volatility Comparison

UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis (UBUR.DE) has a higher volatility of 3.22% compared to Deka MSCI USA Large Cap UCITS ETF (EL4I.DE) at 2.74%. This indicates that UBUR.DE's price experiences larger fluctuations and is considered to be riskier than EL4I.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBUR.DE	EL4I.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	2.74%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	7.90%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	10.99%	12.37%	-1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	17.10%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	16.98%	+2.47%

UBUR.DE vs. EL4I.DE - Expense Ratio Comparison

UBUR.DE has a 0.18% expense ratio, which is lower than EL4I.DE's 0.30% expense ratio.

Dividends

UBUR.DE vs. EL4I.DE - Dividend Comparison

UBUR.DE's dividend yield for the trailing twelve months is around 1.60%, more than EL4I.DE's 0.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EL4I.DE Deka MSCI USA Large Cap UCITS ETF	0.46%	0.59%	0.72%	0.98%	0.95%	0.56%	0.87%	0.99%	1.17%	1.07%	1.10%	1.66%
UBUR.DE UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (USD) A-dis	1.60%	1.87%	1.44%	1.39%	1.28%	0.93%	1.62%	1.40%	1.37%	0.68%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UBUR.DE and EL4I.DE in my portfolio?

UBUR.DE and EL4I.DE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UBUR.DE or EL4I.DE?

On fees, UBUR.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UBUR.DE or EL4I.DE?

UBUR.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for EL4I.DE.

What is the main difference between UBUR.DE and EL4I.DE?

UBUR.DE tracks MSCI USA Select Dynamic 50% Risk Weighted, while EL4I.DE tracks MSCI USA Large Cap. They also come from different issuers: UBS and Deka Investment GmbH. Their fees differ too: 0.18% for UBUR.DE and 0.30% for EL4I.DE.