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UC64.L vs. CUKX.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UC64.L vs. CUKX.L

Last updated Jun 26, 2026

UC64.L (UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc) and CUKX.L (iShares FTSE 100 UCITS ETF) are both exchange-traded funds - UC64.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while CUKX.L is a fund fund tracking the FTSE 100 Index. Both are passively managed. Over the past 10 years, UC64.L returned 9.62%/yr vs 9.79%/yr for CUKX.L. With a 0.97 correlation, they move nearly in lockstep. UC64.L charges 0.20%/yr vs 0.07%/yr for CUKX.L.

Performance

UC64.L vs. CUKX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc (UC64.L) and iShares FTSE 100 UCITS ETF (CUKX.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, UC64.L achieves a 7.62% return, which is significantly lower than CUKX.L's 8.06% return. Both investments have delivered pretty close results over the past 10 years, with UC64.L having a 9.62% annualized return and CUKX.L not far ahead at 9.79%.

UC64.L

1D
0.82%
1M
0.22%
YTD
7.62%
6M
8.23%
1Y
25.07%
3Y*
16.08%
5Y*
12.43%
10Y*
9.62%

CUKX.L

1D
0.84%
1M
0.63%
YTD
8.06%
6M
8.50%
1Y
24.99%
3Y*
16.30%
5Y*
12.06%
10Y*
9.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UC64.L vs. CUKX.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
UC64.L
UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc		7.62%25.84%9.18%6.92%7.41%19.19%-13.59%16.43%-9.24%12.23%
CUKX.L
iShares FTSE 100 UCITS ETF		8.06%25.78%9.30%7.72%4.97%17.48%-11.28%17.23%-9.05%12.45%

Correlation

The correlation between UC64.L and CUKX.L is 0.97 - 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

0.97

Correlation (3Y)
Calculated over the trailing 3-year period

0.97

Correlation (5Y)
Calculated over the trailing 5-year period

0.97

Correlation (10Y)
Calculated over the trailing 10-year period

0.98

Correlation (All Time)
Calculated using the full available price history since Nov 29, 2013

0.97

The correlation between UC64.L and CUKX.L has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

UC64.L vs. CUKX.L - Sectors Allocation Comparison

Sectors
UC64.L
CUKX.L

Financial Services

25.3%
24.4%

Consumer Defensive

14.4%
13.3%

Healthcare

13.9%
13.6%

Industrials

13.8%
13.9%

Energy

11.0%
11.5%

Basic Materials

9.3%
8.8%

Utilities

5.0%
5.0%

Consumer Cyclical

3.9%
5.3%

Communication Services

2.2%
2.6%

Real Estate

0.6%
1.0%

Technology

0.6%
0.8%

Financial Services

UC64.L
25.3%
CUKX.L
24.4%

Consumer Defensive

UC64.L
14.4%
CUKX.L
13.3%

Healthcare

UC64.L
13.9%
CUKX.L
13.6%

Industrials

UC64.L
13.8%
CUKX.L
13.9%

Energy

UC64.L
11.0%
CUKX.L
11.5%

Basic Materials

UC64.L
9.3%
CUKX.L
8.8%

Utilities

UC64.L
5.0%
CUKX.L
5.0%

Consumer Cyclical

UC64.L
3.9%
CUKX.L
5.3%

Communication Services

UC64.L
2.2%
CUKX.L
2.6%

Real Estate

UC64.L
0.6%
CUKX.L
1.0%

Technology

UC64.L
0.6%
CUKX.L
0.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc

iShares FTSE 100 UCITS ETF

Often compared with UC64.L:
UC64.L vs. FLXD.LUC64.L vs. PRIE.LUC64.L vs. UC15.LUC64.L vs. FEUD.LUC64.L vs. CMU.LUC64.L vs. JRDZ.LUC64.L vs. S5SD.L
Often compared with CUKX.L:
CUKX.L vs. VUKG.LCUKX.L vs. IUKD.LCUKX.L vs. FTAL.LCUKX.L vs. CSUK.LCUKX.L vs. VUKE.DECUKX.L vs. S100.LCUKX.L vs. CPJ1.L

Return for Risk

UC64.L vs. CUKX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UC64.L
UC64.L Risk / Return Rank: 7070
Overall Rank
UC64.L Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
UC64.L Sortino Ratio Rank: 7676
Sortino Ratio Rank
UC64.L Omega Ratio Rank: 7878
Omega Ratio Rank
UC64.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
UC64.L Martin Ratio Rank: 5757
Martin Ratio Rank
CUKX.L
CUKX.L Risk / Return Rank: 7373
Overall Rank
CUKX.L Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
CUKX.L Sortino Ratio Rank: 8080
Sortino Ratio Rank
CUKX.L Omega Ratio Rank: 8181
Omega Ratio Rank
CUKX.L Calmar Ratio Rank: 6565
Calmar Ratio Rank
CUKX.L Martin Ratio Rank: 5959
Martin Ratio Rank
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.

UC64.L vs. CUKX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc (UC64.L) and iShares FTSE 100 UCITS ETF (CUKX.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.

UC64.LCUKX.LDifference
Sharpe ratioReturn per unit of total volatility
2.19
2.24

-0.05

Sortino ratioReturn per unit of downside risk
2.98
3.09

-0.10

Omega ratioGain probability vs. loss probability

1.40

1.42

-0.01

Calmar ratioReturn relative to maximum drawdown

2.74

2.80

-0.06

Martin ratioReturn relative to average drawdown

8.95

9.04

-0.09

UC64.L vs. CUKX.L - Sharpe Ratio Comparison

The current UC64.L Sharpe Ratio is 2.19, which is comparable to the CUKX.L Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of UC64.L and CUKX.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.

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Drawdowns

UC64.L vs. CUKX.L - Drawdown Comparison

The maximum UC64.L drawdown since its inception was -34.57%, roughly equal to the maximum CUKX.L drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for UC64.L and CUKX.L.

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Drawdown Indicators

UC64.LCUKX.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.57%

-34.50%

-0.07%

Max Drawdown (1Y)

Largest decline over 1 year

-9.12%

-8.89%

-0.23%

Max Drawdown (3Y)

Largest decline over 3 years

-12.89%

-12.88%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-12.89%

-12.88%

-0.01%

Max Drawdown (10Y)

Largest decline over 10 years

-34.57%

-34.50%

-0.07%

Current Drawdown

Current decline from peak

-2.55%

-2.16%

-0.39%

Average Drawdown

Average peak-to-trough decline

-4.78%

-4.32%

-0.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.79%

2.76%

+0.03%

Volatility

UC64.L vs. CUKX.L - Volatility Comparison

UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-acc (UC64.L) and iShares FTSE 100 UCITS ETF (CUKX.L) have volatilities of 3.25% and 3.10%, 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.

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Volatility by Period

UC64.LCUKX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.25%

3.10%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

9.82%

9.62%

+0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

11.42%

11.14%

+0.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.72%

12.71%

+0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.99%

15.00%

-0.01%

UC64.L vs. CUKX.L - Expense Ratio Comparison

UC64.L has a 0.20% expense ratio, which is higher than CUKX.L's 0.07% 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

UC64.L vs. CUKX.L - Dividend Comparison

Neither UC64.L nor CUKX.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

With a correlation of 0.97, UC64.L and CUKX.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.

On fees, CUKX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CUKX.L is cheaper with a 0.07% expense ratio, compared with 0.20% for UC64.L.

UC64.L tracks FTSE AllSh TR GBP, while CUKX.L tracks FTSE 100 Index. They also come from different issuers: UBS and iShares. Their fees differ too: 0.20% for UC64.L and 0.07% for CUKX.L.

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