UC48.L vs. SPY
Compare and contrast key facts about UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-acc (UC48.L) and SPDR S&P 500 ETF (SPY).
UC48.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UC48.L is a passively managed fund by UBS that tracks the performance of the MSCI AC Asia Ex Japan NR USD. It was launched on Aug 20, 2012. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both UC48.L and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UC48.L or SPY.
Correlation
The correlation between UC48.L and SPY is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UC48.L vs. SPY - Performance Comparison
Key characteristics
UC48.L:
1.33
SPY:
1.81
UC48.L:
1.91
SPY:
2.43
UC48.L:
1.24
SPY:
1.33
UC48.L:
0.82
SPY:
2.74
UC48.L:
5.15
SPY:
11.36
UC48.L:
3.73%
SPY:
2.03%
UC48.L:
14.55%
SPY:
12.74%
UC48.L:
-32.18%
SPY:
-55.19%
UC48.L:
-10.01%
SPY:
-0.73%
Returns By Period
In the year-to-date period, UC48.L achieves a 3.63% return, which is significantly higher than SPY's 3.28% return.
UC48.L
3.63%
3.53%
8.73%
17.07%
3.76%
N/A
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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UC48.L vs. SPY - Expense Ratio Comparison
UC48.L has a 0.23% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
UC48.L vs. SPY — Risk-Adjusted Performance Rank
UC48.L
SPY
UC48.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-acc (UC48.L) and SPDR S&P 500 ETF (SPY). 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.
Dividends
UC48.L vs. SPY - Dividend Comparison
UC48.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UC48.L UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
UC48.L vs. SPY - Drawdown Comparison
The maximum UC48.L drawdown since its inception was -32.18%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UC48.L and SPY. For additional features, visit the drawdowns tool.
Volatility
UC48.L vs. SPY - Volatility Comparison
UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-acc (UC48.L) has a higher volatility of 4.34% compared to SPDR S&P 500 ETF (SPY) at 3.41%. This indicates that UC48.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.