UBUT.DE vs. WMVG.L
UBUT.DE (UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis) and WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) are both exchange-traded funds - UBUT.DE is a Large Cap Blend Equities fund tracking the MSCI USA Quality, while WMVG.L is a Global Equities fund tracking the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, UBUT.DE returned 14.22%/yr vs 6.01%/yr for WMVG.L. A 0.57 correlation means they provide meaningful diversification when combined. UBUT.DE charges 0.25%/yr vs 0.35%/yr for WMVG.L.
Performance
UBUT.DE vs. WMVG.L - Performance Comparison
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Different Trading Currencies
UBUT.DE is traded in EUR, while WMVG.L is traded in GBP. To make them comparable, the WMVG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UBUT.DE achieves a 10.28% return, which is significantly higher than WMVG.L's 2.22% return.
UBUT.DE
- 1D
- -0.31%
- 1M
- 3.96%
- YTD
- 10.28%
- 6M
- 10.86%
- 1Y
- 24.77%
- 3Y*
- 18.28%
- 5Y*
- 14.22%
- 10Y*
- 15.92%
WMVG.L
- 1D
- -0.43%
- 1M
- 1.52%
- YTD
- 2.22%
- 6M
- 3.46%
- 1Y
- 0.15%
- 3Y*
- 9.46%
- 5Y*
- 6.01%
- 10Y*
- —
UBUT.DE vs. WMVG.L - 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 | 10.28% | 4.94% | 28.23% | 31.58% | -19.43% | 39.75% | 10.58% | 24.25% |
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) | 2.22% | 3.38% | 19.99% | 9.64% | -13.04% | 24.57% | -6.66% | 13.03% |
Correlation
The correlation between UBUT.DE and WMVG.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.57 |
Over the past year, the correlation between UBUT.DE and WMVG.L has dropped to 0.34 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
UBUT.DE vs. WMVG.L — Risk / Return Rank
UBUT.DE
WMVG.L
UBUT.DE vs. WMVG.L - 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 iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L). 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 | WMVG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.01 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 0.03 | +2.68 |
| Martin ratioReturn relative to average drawdown | 9.51 | 0.06 | +9.44 |
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 | WMVG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 0.02 | +1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.50 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.45 | +0.45 |
Drawdowns
UBUT.DE vs. WMVG.L - Drawdown Comparison
The maximum UBUT.DE drawdown since its inception was -30.49%, smaller than the maximum WMVG.L drawdown of -35.65%. Use the drawdown chart below to compare losses from any high point for UBUT.DE and WMVG.L.
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Drawdown Indicators
| UBUT.DE | WMVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.49% | -35.65% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -5.00% | -4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -24.78% | -12.13% | -12.65% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -19.86% | -4.92% |
Max Drawdown (10Y)Largest decline over 10 years | -30.49% | — | — |
Current DrawdownCurrent decline from peak | -0.80% | -2.08% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -6.39% | +1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.10% | +0.52% |
Volatility
UBUT.DE vs. WMVG.L - Volatility Comparison
UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UBUT.DE) has a higher volatility of 3.55% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) at 2.36%. This indicates that UBUT.DE's price experiences larger fluctuations and is considered to be riskier than WMVG.L 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 | WMVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 2.36% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 9.11% | 5.39% | +3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.26% | 8.52% | +4.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 12.08% | +4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 14.70% | +2.32% |
UBUT.DE vs. WMVG.L - Expense Ratio Comparison
UBUT.DE has a 0.25% expense ratio, which is lower than WMVG.L's 0.35% expense ratio.
Dividends
UBUT.DE vs. WMVG.L - Dividend Comparison
UBUT.DE's dividend yield for the trailing twelve months is around 0.41%, while WMVG.L 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 | 0.41% | 0.47% | 0.65% | 0.84% | 0.84% | 0.74% | 1.00% | 0.74% | 1.28% | 0.95% | 1.06% |
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (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
UBUT.DE and WMVG.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBUT.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBUT.DE is cheaper with a 0.25% expense ratio, compared with 0.35% for WMVG.L.
UBUT.DE is categorized as Large Cap Blend Equities, while WMVG.L is Global Equities. UBUT.DE tracks MSCI USA Quality, while WMVG.L tracks MSCI World Minimum Volatility. They also come from different issuers: UBS and iShares. Their fees differ too: 0.25% for UBUT.DE and 0.35% for WMVG.L.
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