UC07.L vs. UC46.L

Last updated Jun 25, 2026

UC07.L (UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis) and UC46.L (UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - UC07.L is a Large Cap Value Equities fund tracking the Russell 1000 Value TR USD, while UC46.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 10 years, UC07.L returned 10.84%/yr vs 15.08%/yr for UC46.L. Their correlation of 0.87 suggests significant overlap in exposure. UC07.L charges 0.20%/yr vs 0.22%/yr for UC46.L.

Performance

UC07.L vs. UC46.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) and UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (UC46.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UC07.L achieves a 11.97% return, which is significantly lower than UC46.L's 14.89% return. Over the past 10 years, UC07.L has underperformed UC46.L with an annualized return of 10.84%, while UC46.L has yielded a comparatively higher 15.08% annualized return.

UC07.L

• 1D: 0.63%
• 1M: 2.19%
• YTD: 11.97%
• 6M: 12.48%
• 1Y: 23.28%
• 3Y*: 14.35%
• 5Y*: 10.58%
• 10Y*: 10.84%

UC46.L

• 1D: 1.14%
• 1M: 4.25%
• YTD: 14.89%
• 6M: 14.74%
• 1Y: 27.05%
• 3Y*: 16.90%
• 5Y*: 11.96%
• 10Y*: 15.08%

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

UC07.L vs. UC46.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	11.97%	5.98%	15.41%	3.09%	4.71%	28.76%	-3.62%	20.51%	-3.14%	4.81%
UC46.L UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis	14.89%	2.79%	21.13%	25.01%	-16.49%	32.62%	18.59%	25.18%	0.87%	11.39%

Correlation

The correlation between UC07.L and UC46.L is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Apr 11, 2012	0.87

The correlation between UC07.L and UC46.L shifts across timeframes, from 0.70 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

UC07.L vs. UC46.L - Sectors Allocation Comparison

Sectors	UC07.L	UC46.L
Technology	23.3%	42.8%
Financial Services	19.4%	13.2%
Healthcare	12.3%	9.3%
Industrials	9.8%	9.5%
Consumer Defensive	7.3%	4.6%
Communication Services	7.0%	2.9%
Energy	6.0%	-
Consumer Cyclical	4.7%	12.7%
Utilities	3.9%	0.7%
Basic Materials	3.2%	1.8%
Real Estate	3.1%	2.6%

Return for Risk

UC07.L vs. UC46.L — Risk / Return Rank

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

UC07.L

UC07.L Risk / Return Rank: 87
UC07.L Sharpe Ratio Rank: 89
UC07.L Sortino Ratio Rank: 89
UC07.L Omega Ratio Rank: 87
UC07.L Calmar Ratio Rank: 86
UC07.L Martin Ratio Rank: 86

UC46.L

UC46.L Risk / Return Rank: 70
UC46.L Sharpe Ratio Rank: 78
UC46.L Sortino Ratio Rank: 77
UC46.L Omega Ratio Rank: 76
UC46.L Calmar Ratio Rank: 64
UC46.L Martin Ratio Rank: 57

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.

UC07.L vs. UC46.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) and UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (UC46.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UC07.L	UC46.L	Difference
Sharpe ratio: Return per unit of total volatility	2.62	2.14	+0.48
Sortino ratio: Return per unit of downside risk	3.55	2.96	+0.58
Omega ratio: Gain probability vs. loss probability	1.47	1.38	+0.08
Calmar ratio: Return relative to maximum drawdown	4.27	2.75	+1.52
Martin ratio: Return relative to average drawdown	15.88	8.84	+7.04

UC07.L vs. UC46.L - Sharpe Ratio Comparison

The current UC07.L Sharpe Ratio is 2.62, which is comparable to the UC46.L Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of UC07.L and UC46.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.

Drawdowns

UC07.L vs. UC46.L - Drawdown Comparison

The maximum UC07.L drawdown since its inception was -38.99%, smaller than the maximum UC46.L drawdown of -41.58%. Use the drawdown chart below to compare losses from any high point for UC07.L and UC46.L.

Drawdown Indicators

	UC07.L	UC46.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.99%	-41.58%	+2.59%
Max Drawdown (1Y) Largest decline over 1 year	-5.43%	-9.80%	+4.37%
Max Drawdown (3Y) Largest decline over 3 years	-16.76%	-22.59%	+5.83%
Max Drawdown (5Y) Largest decline over 5 years	-16.76%	-23.06%	+6.30%
Max Drawdown (10Y) Largest decline over 10 years	-28.73%	-25.03%	-3.70%
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-7.20%	-8.41%	+1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	3.05%	-1.59%

Volatility

UC07.L vs. UC46.L - Volatility Comparison

The current volatility for UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) is 2.18%, while UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (UC46.L) has a volatility of 4.36%. This indicates that UC07.L experiences smaller price fluctuations and is considered to be less risky than UC46.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC07.L	UC46.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	4.36%	-2.18%
Volatility (6M) Calculated over the trailing 6-month period	6.25%	9.62%	-3.37%
Volatility (1Y) Calculated over the trailing 1-year period	8.85%	12.61%	-3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.52%	15.83%	-3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.70%	16.23%	-1.53%

UC07.L vs. UC46.L - Expense Ratio Comparison

UC07.L has a 0.20% expense ratio, which is lower than UC46.L's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

UC07.L vs. UC46.L - Dividend Comparison

UC07.L's dividend yield for the trailing twelve months is around 1.37%, more than UC46.L's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	1.37%	2.05%	1.79%	2.05%	1.81%	1.59%	2.41%	2.08%	2.49%	2.01%	2.18%	2.25%
UC46.L UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis	0.42%	0.80%	0.72%	0.75%	0.86%	0.64%	0.87%	1.03%	1.02%	1.23%	1.18%	1.24%

Frequently Asked Questions

Can I hold both UC07.L and UC46.L in my portfolio?

UC07.L and UC46.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UC07.L or UC46.L?

On fees, UC07.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UC07.L or UC46.L?

UC07.L is cheaper with a 0.20% expense ratio, compared with 0.22% for UC46.L.

What is the main difference between UC07.L and UC46.L?

UC07.L is categorized as Large Cap Value Equities, while UC46.L is Large Cap Blend Equities. UC07.L tracks Russell 1000 Value TR USD, while UC46.L tracks Russell 1000 TR USD. Their fees differ too: 0.20% for UC07.L and 0.22% for UC46.L.