UC79.L vs. UC04.L

Last updated Jun 5, 2026

UC79.L (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) and UC04.L (UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis) are both exchange-traded funds - UC79.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while UC04.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 10 years, UC79.L returned 10.59%/yr vs 16.01%/yr for UC04.L. A 0.60 correlation means they provide meaningful diversification when combined. UC79.L charges 0.27%/yr vs 0.14%/yr for UC04.L.

Performance

UC79.L vs. UC04.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) and UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UC79.L achieves a 33.24% return, which is significantly higher than UC04.L's 10.50% return. Over the past 10 years, UC79.L has underperformed UC04.L with an annualized return of 10.59%, while UC04.L has yielded a comparatively higher 16.01% annualized return.

UC79.L

• 1D: -1.64%
• 1M: 8.63%
• YTD: 33.24%
• 6M: 35.28%
• 1Y: 64.62%
• 3Y*: 24.35%
• 5Y*: 10.24%
• 10Y*: 10.59%

UC04.L

• 1D: 0.01%
• 1M: 5.66%
• YTD: 10.50%
• 6M: 10.32%
• 1Y: 28.86%
• 3Y*: 19.17%
• 5Y*: 14.74%
• 10Y*: 16.01%

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

UC79.L vs. UC04.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	33.24%	26.95%	10.88%	1.14%	-11.74%	0.32%	13.27%	6.70%	-5.60%	20.39%
UC04.L UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis	10.50%	9.28%	27.38%	20.52%	-10.51%	28.96%	16.61%	26.56%	-0.32%	10.74%

Correlation

The correlation between UC79.L and UC04.L is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Sep 5, 2014	0.60

The correlation between UC79.L and UC04.L has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

UC79.L vs. UC04.L - Sectors Allocation Comparison

Sectors	UC79.L	UC04.L
Technology	38.0%	37.7%
Financial Services	22.6%	11.2%
Consumer Cyclical	11.0%	9.9%
Industrials	8.3%	8.1%
Communication Services	8.0%	10.9%
Healthcare	3.6%	8.5%
Basic Materials	3.3%	1.7%
Consumer Defensive	2.8%	4.7%
Real Estate	1.3%	1.9%
Utilities	1.0%	2.1%
Energy	0.2%	3.4%

Return for Risk

UC79.L vs. UC04.L — Risk / Return Rank

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

UC79.L

UC79.L Risk / Return Rank: 52
UC79.L Sharpe Ratio Rank: 42
UC79.L Sortino Ratio Rank: 47
UC79.L Omega Ratio Rank: 90
UC79.L Calmar Ratio Rank: 51
UC79.L Martin Ratio Rank: 31

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

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.

UC79.L vs. UC04.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) and UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.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.

	UC79.L	UC04.L	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.70	-1.26
Sortino ratio: Return per unit of downside risk	2.27	3.61	-1.34
Omega ratio: Gain probability vs. loss probability	1.57	1.50	+0.07
Calmar ratio: Return relative to maximum drawdown	2.48	3.74	-1.26
Martin ratio: Return relative to average drawdown	4.47	13.07	-8.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UC79.L vs. UC04.L - Sharpe Ratio Comparison

The current UC79.L Sharpe Ratio is 1.44, which is lower than the UC04.L Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of UC79.L and UC04.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

	UC79.L	UC04.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	2.70	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	1.01	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	1.02	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.98	-0.83

Drawdowns

UC79.L vs. UC04.L - Drawdown Comparison

The maximum UC79.L drawdown since its inception was -53.04%, which is greater than UC04.L's maximum drawdown of -25.93%. Use the drawdown chart below to compare losses from any high point for UC79.L and UC04.L.

Drawdown Indicators

	UC79.L	UC04.L	Difference
Max Drawdown Largest peak-to-trough decline	-53.04%	-25.93%	-27.11%
Max Drawdown (1Y) Largest decline over 1 year	-25.91%	-7.67%	-18.24%
Max Drawdown (3Y) Largest decline over 3 years	-25.91%	-21.14%	-4.77%
Max Drawdown (5Y) Largest decline over 5 years	-25.91%	-21.14%	-4.77%
Max Drawdown (10Y) Largest decline over 10 years	-39.46%	-25.93%	-13.53%
Current Drawdown Current decline from peak	-2.45%	-0.17%	-2.28%
Average Drawdown Average peak-to-trough decline	-21.80%	-3.46%	-18.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.42%	2.20%	+12.22%

Volatility

UC79.L vs. UC04.L - Volatility Comparison

UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) has a higher volatility of 8.44% compared to UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) at 2.72%. This indicates that UC79.L's price experiences larger fluctuations and is considered to be riskier than UC04.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC79.L	UC04.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.44%	2.72%	+5.72%
Volatility (6M) Calculated over the trailing 6-month period	15.21%	7.24%	+7.97%
Volatility (1Y) Calculated over the trailing 1-year period	44.59%	10.63%	+33.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	14.66%	+10.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	15.86%	+9.15%

UC79.L vs. UC04.L - Expense Ratio Comparison

UC79.L has a 0.27% expense ratio, which is higher than UC04.L's 0.14% 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

UC79.L vs. UC04.L - Dividend Comparison

UC79.L's dividend yield for the trailing twelve months is around 1.59%, more than UC04.L's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	1.59%	2.14%	1.79%	2.38%	2.06%	1.35%	1.81%	2.11%	2.11%	1.97%	2.15%	1.60%

Frequently Asked Questions

Can I hold both UC79.L and UC04.L in my portfolio?

UC79.L and UC04.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UC79.L or UC04.L?

On fees, UC04.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UC79.L or UC04.L?

UC04.L is cheaper with a 0.14% expense ratio, compared with 0.27% for UC79.L.

What is the main difference between UC79.L and UC04.L?

UC79.L is categorized as Emerging Markets Equities, while UC04.L is Large Cap Blend Equities. UC79.L tracks MSCI EM NR USD, while UC04.L tracks Russell 1000 TR USD. Their fees differ too: 0.27% for UC79.L and 0.14% for UC04.L.