UC79.L vs. XESE.L

Last updated Jun 25, 2026

UC79.L (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) and XESE.L (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) are both Emerging Markets Equities funds tracking the MSCI EM NR USD, from UBS and Xtrackers respectively. Both are passively managed. Over the past 5 years, UC79.L returned 9.83%/yr vs 3.16%/yr for XESE.L. Their correlation of 0.92 suggests significant overlap in exposure. UC79.L charges 0.27%/yr vs 0.25%/yr for XESE.L.

Performance

UC79.L vs. XESE.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 Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XESE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UC79.L is traded in GBp, while XESE.L is traded in GBP. To make them comparable, the XESE.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, UC79.L achieves a 34.37% return, which is significantly higher than XESE.L's 12.35% return.

UC79.L

• 1D: -0.67%
• 1M: 6.51%
• YTD: 34.37%
• 6M: 35.51%
• 1Y: 57.66%
• 3Y*: 25.67%
• 5Y*: 9.83%
• 10Y*: 10.36%

XESE.L

• 1D: -0.29%
• 1M: 3.62%
• YTD: 12.35%
• 6M: 13.13%
• 1Y: 28.43%
• 3Y*: 15.76%
• 5Y*: 3.16%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	34.37%	26.95%	10.88%	1.14%	-11.74%	0.32%	31.00%
XESE.L Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C	12.35%	22.03%	12.08%	-1.92%	-11.39%	-8.77%	17.22%

Correlation

The correlation between UC79.L and XESE.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.92

The correlation between UC79.L and XESE.L has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

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

Sectors	UC79.L	XESE.L
Technology	45.1%	31.3%
Financial Services	19.2%	24.6%
Consumer Cyclical	10.4%	13.2%
Communication Services	8.2%	13.7%
Industrials	6.4%	4.8%
Basic Materials	2.8%	3.4%
Healthcare	2.8%	3.6%
Consumer Defensive	2.5%	2.9%
Real Estate	1.3%	1.5%
Utilities	1.0%	0.9%
Energy	0.1%	-

Return for Risk

UC79.L vs. XESE.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: 93
UC79.L Sharpe Ratio Rank: 94
UC79.L Sortino Ratio Rank: 92
UC79.L Omega Ratio Rank: 92
UC79.L Calmar Ratio Rank: 94
UC79.L Martin Ratio Rank: 92

XESE.L

XESE.L Risk / Return Rank: 55
XESE.L Sharpe Ratio Rank: 54
XESE.L Sortino Ratio Rank: 51
XESE.L Omega Ratio Rank: 54
XESE.L Calmar Ratio Rank: 62
XESE.L Martin Ratio Rank: 53

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. XESE.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 Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XESE.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.

	UC79.L	XESE.L	Difference
Sharpe ratio: Return per unit of total volatility	3.00	1.61	+1.39
Sortino ratio: Return per unit of downside risk	3.79	2.18	+1.61
Omega ratio: Gain probability vs. loss probability	1.54	1.29	+0.24
Calmar ratio: Return relative to maximum drawdown	6.08	2.64	+3.44
Martin ratio: Return relative to average drawdown	19.02	8.09	+10.93

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

The current UC79.L Sharpe Ratio is 3.00, which is higher than the XESE.L Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of UC79.L and XESE.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

UC79.L vs. XESE.L - Drawdown Comparison

The maximum UC79.L drawdown since its inception was -53.04%, which is greater than XESE.L's maximum drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for UC79.L and XESE.L.

Drawdown Indicators

	UC79.L	XESE.L	Difference
Max Drawdown Largest peak-to-trough decline	-53.04%	-37.68%	-15.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	-10.71%	+1.28%
Max Drawdown (3Y) Largest decline over 3 years	-16.57%	-16.88%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-23.54%	-32.20%	+8.66%
Max Drawdown (10Y) Largest decline over 10 years	-31.53%	—	—
Current Drawdown Current decline from peak	-4.87%	-5.07%	+0.20%
Average Drawdown Average peak-to-trough decline	-20.96%	-18.30%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	3.51%	-0.49%

Volatility

UC79.L vs. XESE.L - Volatility Comparison

The current volatility for UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) is 8.43%, while Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XESE.L) has a volatility of 8.96%. This indicates that UC79.L experiences smaller price fluctuations and is considered to be less risky than XESE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC79.L	XESE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.43%	8.96%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	16.76%	15.06%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	19.23%	17.71%	+1.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	18.37%	-1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	18.45%	+0.03%

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

UC79.L has a 0.27% expense ratio, which is higher than XESE.L's 0.25% 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. XESE.L - Dividend Comparison

UC79.L's dividend yield for the trailing twelve months is around 1.58%, while XESE.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	1.58%	2.14%	1.79%	2.38%	2.07%	1.35%	1.80%	2.11%	2.11%	1.97%	2.15%	1.60%
XESE.L Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

UC79.L and XESE.L have a correlation of 0.87, 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 XESE.L?

On fees, XESE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

XESE.L is cheaper with a 0.25% expense ratio, compared with 0.27% for UC79.L.

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

Both ETFs track MSCI EM NR USD. They also come from different issuers: UBS and Xtrackers. Their fees differ too: 0.27% for UC79.L and 0.25% for XESE.L.