UBUT.DE vs. UETW.DE
UBUT.DE (UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both exchange-traded funds - UBUT.DE is a Large Cap Blend Equities fund tracking the MSCI USA Quality, while UETW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, UBUT.DE returned 14.55%/yr vs 12.87%/yr for UETW.DE. Their correlation of 0.93 suggests significant overlap in exposure. UBUT.DE charges 0.25%/yr vs 0.10%/yr for UETW.DE.
Performance
UBUT.DE vs. UETW.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with UBUT.DE having a 11.13% return and UETW.DE slightly lower at 10.95%.
UBUT.DE
- 1D
- 0.48%
- 1M
- 6.45%
- YTD
- 11.13%
- 6M
- 11.84%
- 1Y
- 26.41%
- 3Y*
- 18.17%
- 5Y*
- 14.55%
- 10Y*
- 15.97%
UETW.DE
- 1D
- -0.01%
- 1M
- 4.88%
- YTD
- 10.95%
- 6M
- 11.42%
- 1Y
- 23.88%
- 3Y*
- 17.68%
- 5Y*
- 12.87%
- 10Y*
- —
UBUT.DE vs. UETW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UBUT.DE UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 11.13% | 4.89% | 28.17% | 31.45% | -19.44% | 39.51% | 10.45% | 16.77% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 10.95% | 8.06% | 26.50% | 19.68% | -13.72% | 32.17% | 5.50% | 12.54% |
Correlation
The correlation between UBUT.DE and UETW.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.93 |
The correlation between UBUT.DE and UETW.DE has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
UBUT.DE vs. UETW.DE — Risk / Return Rank
UBUT.DE
UETW.DE
UBUT.DE vs. UETW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UBUT.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.
| UBUT.DE | UETW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.40 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.67 | -0.82 |
| Martin ratioReturn relative to average drawdown | 10.00 | 14.61 | -4.61 |
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
| UBUT.DE | UETW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.17 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.91 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.85 | +0.05 |
Drawdowns
UBUT.DE vs. UETW.DE - Drawdown Comparison
The maximum UBUT.DE drawdown since its inception was -30.47%, smaller than the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for UBUT.DE and UETW.DE.
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Drawdown Indicators
| UBUT.DE | UETW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.47% | -33.72% | +3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -9.23% | -6.47% | -2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -24.78% | -21.30% | -3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -21.30% | -3.48% |
Max Drawdown (10Y)Largest decline over 10 years | -30.47% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.30% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -4.63% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 1.63% | +1.00% |
Volatility
UBUT.DE vs. UETW.DE - Volatility Comparison
UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UBUT.DE) has a higher volatility of 3.48% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.60%. This indicates that UBUT.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UBUT.DE | UETW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 2.60% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 7.63% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 10.97% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.79% | 14.03% | +2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 16.11% | +0.83% |
UBUT.DE vs. UETW.DE - Expense Ratio Comparison
UBUT.DE has a 0.25% expense ratio, which is higher than UETW.DE's 0.10% 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
UBUT.DE vs. UETW.DE - Dividend Comparison
UBUT.DE's dividend yield for the trailing twelve months is around 0.35%, while UETW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
UBUT.DE UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 0.35% | 0.42% | 0.60% | 0.78% | 0.78% | 0.62% | 0.88% | 0.66% | 1.07% | 0.85% | 0.96% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 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
With a correlation of 0.91, UBUT.DE and UETW.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for UBUT.DE.
UBUT.DE is categorized as Large Cap Blend Equities, while UETW.DE is Global Equities. UBUT.DE tracks MSCI USA Quality, while UETW.DE tracks MSCI World. Their fees differ too: 0.25% for UBUT.DE and 0.10% for UETW.DE.
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