UC81.L vs. EMVL.L
UC81.L (UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis) and EMVL.L (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both exchange-traded funds - UC81.L is a Corporate Bonds fund tracking the Bloomberg US Corp 1-3 Yr TR USD, while EMVL.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 5 years, UC81.L returned 3.20%/yr vs 18.02%/yr for EMVL.L. At a correlation of -0.06, they often move in opposite directions. UC81.L charges 0.18%/yr vs 0.40%/yr for EMVL.L.
Performance
UC81.L vs. EMVL.L - Performance Comparison
Loading charts...
Different Trading Currencies
UC81.L is traded in GBp, while EMVL.L is traded in USD. To make them comparable, the EMVL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, UC81.L achieves a 0.48% return, which is significantly lower than EMVL.L's 48.17% return.
UC81.L
- 1D
- 0.17%
- 1M
- 1.13%
- YTD
- 0.48%
- 6M
- 0.19%
- 1Y
- 5.34%
- 3Y*
- 2.64%
- 5Y*
- 3.20%
- 10Y*
- 3.31%
EMVL.L
- 1D
- 0.00%
- 1M
- 14.71%
- YTD
- 48.17%
- 6M
- 50.86%
- 1Y
- 92.57%
- 3Y*
- 35.35%
- 5Y*
- 18.02%
- 10Y*
- —
UC81.L vs. EMVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UC81.L UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis | 0.48% | -0.20% | 6.44% | 0.38% | 4.76% | 0.32% | 1.51% | 2.65% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 44.41% | 32.93% | 16.48% | 12.46% | -6.33% | 6.28% | 2.62% | 13.52% |
Correlation
The correlation between UC81.L and EMVL.L is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2019 | -0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UC81.L vs. EMVL.L — Risk / Return Rank
UC81.L
EMVL.L
UC81.L vs. EMVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis (UC81.L) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.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.
| UC81.L | EMVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.74 | ||
| Sortino ratioReturn per unit of downside risk | -4.03 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.79 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 9.18 | -7.94 |
| Martin ratioReturn relative to average drawdown | 3.19 | 28.06 | -24.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UC81.L | EMVL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 4.66 | -3.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.98 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.84 | -0.41 |
Drawdowns
UC81.L vs. EMVL.L - Drawdown Comparison
The maximum UC81.L drawdown since its inception was -14.94%, smaller than the maximum EMVL.L drawdown of -25.84%. Use the drawdown chart below to compare losses from any high point for UC81.L and EMVL.L.
Loading charts...
Drawdown Indicators
| UC81.L | EMVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.94% | -25.84% | +10.90% |
Max Drawdown (1Y)Largest decline over 1 year | -4.29% | -9.93% | +5.64% |
Max Drawdown (3Y)Largest decline over 3 years | -8.01% | -15.76% | +7.75% |
Max Drawdown (5Y)Largest decline over 5 years | -14.31% | -20.28% | +5.97% |
Max Drawdown (10Y)Largest decline over 10 years | -14.94% | — | — |
Current DrawdownCurrent decline from peak | -2.57% | -1.41% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -6.14% | +0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 3.27% | -1.60% |
Volatility
UC81.L vs. EMVL.L - Volatility Comparison
The current volatility for UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis (UC81.L) is 1.51%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) has a volatility of 8.68%. This indicates that UC81.L experiences smaller price fluctuations and is considered to be less risky than EMVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UC81.L | EMVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 8.68% | -7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 4.27% | 16.45% | -12.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 19.58% | -13.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.78% | 18.40% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.16% | 20.72% | -11.56% |
UC81.L vs. EMVL.L - Expense Ratio Comparison
UC81.L has a 0.18% expense ratio, which is lower than EMVL.L's 0.40% expense ratio.
Dividends
UC81.L vs. EMVL.L - Dividend Comparison
UC81.L's dividend yield for the trailing twelve months is around 4.67%, while EMVL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(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% |
UC81.L UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis | 4.67% | 5.59% | 4.77% | 3.28% | 1.36% | 1.58% | 2.75% | 2.90% | 2.20% | 2.16% | 1.86% | 0.84% |
Frequently Asked Questions
UC81.L and EMVL.L have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UC81.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UC81.L is cheaper with a 0.18% expense ratio, compared with 0.40% for EMVL.L.
UC81.L is categorized as Corporate Bonds, while EMVL.L is Emerging Markets Equities. UC81.L tracks Bloomberg US Corp 1-3 Yr TR USD, while EMVL.L tracks MSCI EM NR USD. They also come from different issuers: UBS and iShares. Their fees differ too: 0.18% for UC81.L and 0.40% for EMVL.L.
Find the right allocation for UC81.L and EMVL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer