UC04.L vs. S5SD.L

Last updated Jun 5, 2026

UC04.L (UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis) and S5SD.L (UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis) are both exchange-traded funds - UC04.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while S5SD.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, UC04.L returned 28.68% vs 29.99% for S5SD.L. With a 0.95 correlation, they move nearly in lockstep. UC04.L charges 0.14%/yr vs 0.12%/yr for S5SD.L.

Performance

UC04.L vs. S5SD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UC04.L achieves a 10.50% return, which is significantly higher than S5SD.L's 9.02% return.

UC04.L

• 1D: 0.01%
• 1M: 4.68%
• YTD: 10.50%
• 6M: 9.68%
• 1Y: 28.68%
• 3Y*: 19.17%
• 5Y*: 14.74%
• 10Y*: 16.01%

S5SD.L

• 1D: -0.44%
• 1M: 3.54%
• YTD: 9.02%
• 6M: 8.86%
• 1Y: 29.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UC04.L vs. S5SD.L - Yearly Performance Comparison

	2026 (YTD)	2025
UC04.L UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis	10.50%	25.80%
S5SD.L UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis	9.02%	27.97%

Correlation

The correlation between UC04.L and S5SD.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.95

The correlation between UC04.L and S5SD.L has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

UC04.L vs. S5SD.L - Sectors Allocation Comparison

Sectors	UC04.L	S5SD.L
Technology	37.7%	38.6%
Financial Services	11.2%	12.0%
Communication Services	10.9%	14.5%
Consumer Cyclical	9.9%	4.6%
Healthcare	8.5%	9.3%
Industrials	8.1%	6.8%
Consumer Defensive	4.7%	5.1%
Energy	3.4%	4.2%
Utilities	2.1%	0.8%
Real Estate	1.9%	2.2%
Basic Materials	1.7%	1.9%

Return for Risk

UC04.L vs. S5SD.L — Risk / Return Rank

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

UC04.L

UC04.L Risk / Return Rank: 79
UC04.L Sharpe Ratio Rank: 84
UC04.L Sortino Ratio Rank: 82
UC04.L Omega Ratio Rank: 84
UC04.L Calmar Ratio Rank: 76
UC04.L Martin Ratio Rank: 71

S5SD.L

S5SD.L Risk / Return Rank: 85
S5SD.L Sharpe Ratio Rank: 88
S5SD.L Sortino Ratio Rank: 88
S5SD.L Omega Ratio Rank: 88
S5SD.L Calmar Ratio Rank: 81
S5SD.L Martin Ratio Rank: 81

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.

UC04.L vs. S5SD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.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.

	UC04.L	S5SD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.70	2.89	-0.18
Sortino ratio: Return per unit of downside risk	3.61	3.93	-0.32
Omega ratio: Gain probability vs. loss probability	1.50	1.54	-0.04
Calmar ratio: Return relative to maximum drawdown	3.74	4.13	-0.38
Martin ratio: Return relative to average drawdown	13.07	15.94	-2.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UC04.L vs. S5SD.L - Sharpe Ratio Comparison

The current UC04.L Sharpe Ratio is 2.70, which is comparable to the S5SD.L Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of UC04.L and S5SD.L, 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

	UC04.L	S5SD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	2.89	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	3.09	-2.11

Drawdowns

UC04.L vs. S5SD.L - Drawdown Comparison

The maximum UC04.L drawdown since its inception was -25.93%, which is greater than S5SD.L's maximum drawdown of -7.32%. Use the drawdown chart below to compare losses from any high point for UC04.L and S5SD.L.

Drawdown Indicators

	UC04.L	S5SD.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.93%	-7.32%	-18.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-7.32%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-21.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.93%	—	—
Current Drawdown Current decline from peak	-0.17%	-0.44%	+0.27%
Average Drawdown Average peak-to-trough decline	-3.46%	-1.26%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.90%	+0.30%

Volatility

UC04.L vs. S5SD.L - Volatility Comparison

UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L) have volatilities of 2.72% and 2.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC04.L	S5SD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	2.81%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	7.10%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	10.63%	10.53%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	11.47%	+3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.86%	11.47%	+4.39%

UC04.L vs. S5SD.L - Expense Ratio Comparison

UC04.L has a 0.14% expense ratio, which is higher than S5SD.L's 0.12% 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

UC04.L vs. S5SD.L - Dividend Comparison

UC04.L's dividend yield for the trailing twelve months is around 0.84%, while S5SD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
S5SD.L UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UC04.L UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis	0.84%	0.96%	0.95%	1.12%	1.19%	0.89%	1.28%	1.40%	1.50%	1.32%	1.52%	1.44%

Frequently Asked Questions

Can I hold both UC04.L and S5SD.L in my portfolio?

With a correlation of 0.95, UC04.L and S5SD.L 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.

Which ETF is better, UC04.L or S5SD.L?

On fees, S5SD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UC04.L or S5SD.L?

S5SD.L is cheaper with a 0.12% expense ratio, compared with 0.14% for UC04.L.

What is the main difference between UC04.L and S5SD.L?

UC04.L is categorized as Large Cap Blend Equities, while S5SD.L is S&P 500. UC04.L tracks Russell 1000 TR USD, while S5SD.L tracks S&P 500 Index. Their fees differ too: 0.14% for UC04.L and 0.12% for S5SD.L.