UC46.L vs. ES

Last updated Jun 5, 2026

UC46.L (UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis) is Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while ES (Eversource Energy) is a stock. Over the past 10 years, UC46.L returned 15.32%/yr vs 6.69%/yr for ES. At a 0.19 correlation, their price movements are largely independent.

Performance

UC46.L vs. ES - Performance Comparison

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

Different Trading Currencies

UC46.L is traded in GBp, while ES is traded in USD. To make them comparable, the ES values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, UC46.L achieves a 13.69% return, which is significantly higher than ES's 6.56% return. Over the past 10 years, UC46.L has outperformed ES with an annualized return of 15.32%, while ES has yielded a comparatively lower 6.69% annualized return.

UC46.L

• 1D: -0.59%
• 1M: 8.42%
• YTD: 13.69%
• 6M: 12.83%
• 1Y: 26.84%
• 3Y*: 16.58%
• 5Y*: 12.52%
• 10Y*: 15.32%

ES

• 1D: 2.49%
• 1M: 3.57%
• YTD: 6.56%
• 6M: 7.00%
• 1Y: 14.11%
• 3Y*: 1.76%
• 5Y*: 1.86%
• 10Y*: 6.69%

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

UC46.L vs. ES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UC46.L UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis	13.69%	2.79%	21.13%	25.01%	-16.49%	32.62%	18.59%	25.18%	0.87%	11.39%
ES Eversource Energy	6.56%	14.10%	-0.76%	-27.25%	6.23%	9.21%	1.38%	29.37%	12.72%	7.77%

Correlation

The correlation between UC46.L and ES 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	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 11, 2013	0.19

The correlation between UC46.L and ES shifts across timeframes, from 0.05 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UC46.L vs. ES — Risk / Return Rank

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

UC46.L

UC46.L Risk / Return Rank: 62
UC46.L Sharpe Ratio Rank: 68
UC46.L Sortino Ratio Rank: 68
UC46.L Omega Ratio Rank: 67
UC46.L Calmar Ratio Rank: 56
UC46.L Martin Ratio Rank: 53

ES

ES Risk / Return Rank: 57
ES Sharpe Ratio Rank: 60
ES Sortino Ratio Rank: 50
ES Omega Ratio Rank: 53
ES Calmar Ratio Rank: 60
ES Martin Ratio Rank: 62

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.

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

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

	UC46.L	ES	Difference
Sharpe ratio: Return per unit of total volatility	2.21	0.58	+1.62
Sortino ratio: Return per unit of downside risk	3.05	0.87	+2.18
Omega ratio: Gain probability vs. loss probability	1.40	1.13	+0.26
Calmar ratio: Return relative to maximum drawdown	2.73	0.99	+1.73
Martin ratio: Return relative to average drawdown	8.86	2.09	+6.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UC46.L vs. ES - Sharpe Ratio Comparison

The current UC46.L Sharpe Ratio is 2.21, which is higher than the ES Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of UC46.L and ES, 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

	UC46.L	ES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	0.58	+1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.08	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.27	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.46	+0.46

Drawdowns

UC46.L vs. ES - Drawdown Comparison

The maximum UC46.L drawdown since its inception was -25.03%, smaller than the maximum ES drawdown of -45.59%. Use the drawdown chart below to compare losses from any high point for UC46.L and ES.

Drawdown Indicators

	UC46.L	ES	Difference
Max Drawdown Largest peak-to-trough decline	-25.03%	-45.59%	+20.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.80%	-14.27%	+4.47%
Max Drawdown (3Y) Largest decline over 3 years	-22.59%	-26.61%	+4.02%
Max Drawdown (5Y) Largest decline over 5 years	-23.06%	-45.59%	+22.53%
Max Drawdown (10Y) Largest decline over 10 years	-25.03%	-45.59%	+20.56%
Current Drawdown Current decline from peak	-0.59%	-23.37%	+22.78%
Average Drawdown Average peak-to-trough decline	-4.64%	-11.87%	+7.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	6.77%	-3.75%

Volatility

UC46.L vs. ES - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI USA Socially Responsible UCITS ETF (USD) A-dis (UC46.L) is 3.91%, while Eversource Energy (ES) has a volatility of 7.20%. This indicates that UC46.L experiences smaller price fluctuations and is considered to be less risky than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC46.L	ES	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	7.20%	-3.29%
Volatility (6M) Calculated over the trailing 6-month period	8.89%	16.12%	-7.23%
Volatility (1Y) Calculated over the trailing 1-year period	12.11%	24.27%	-12.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	23.71%	-7.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.29%	25.11%	-8.82%

Dividends

UC46.L vs. ES - Dividend Comparison

UC46.L's dividend yield for the trailing twelve months is around 0.42%, less than ES's 4.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ES Eversource Energy	4.41%	4.47%	4.98%	4.37%	3.04%	2.65%	2.62%	2.52%	3.11%	3.01%	3.22%	3.27%
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 UC46.L and ES in my portfolio?

UC46.L and ES 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.