UC84.L vs. UC44.L
UC84.L (UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis) and UC44.L (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis) are both exchange-traded funds - UC84.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD, while UC44.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, UC84.L returned 3.15%/yr vs 13.02%/yr for UC44.L. At a 0.26 correlation, their price movements are largely independent. UC84.L charges 0.18%/yr vs 0.22%/yr for UC44.L.
Performance
UC84.L vs. UC44.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UC84.L achieves a 0.32% return, which is significantly lower than UC44.L's 9.19% return. Over the past 10 years, UC84.L has underperformed UC44.L with an annualized return of 3.15%, while UC44.L has yielded a comparatively higher 13.02% annualized return.
UC84.L
- 1D
- 0.23%
- 1M
- 1.54%
- YTD
- 0.32%
- 6M
- -0.15%
- 1Y
- 6.36%
- 3Y*
- 2.40%
- 5Y*
- 1.22%
- 10Y*
- 3.15%
UC44.L
- 1D
- 0.39%
- 1M
- 6.87%
- YTD
- 9.19%
- 6M
- 9.44%
- 1Y
- 20.96%
- 3Y*
- 14.50%
- 5Y*
- 10.84%
- 10Y*
- 13.02%
UC84.L vs. UC44.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UC84.L UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis | 0.32% | 0.41% | 3.96% | 2.43% | -7.77% | -0.84% | 6.02% | 13.64% | 2.44% | -3.36% |
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis | 9.19% | 5.87% | 18.30% | 22.09% | -15.47% | 26.34% | 14.89% | 24.15% | -2.54% | 12.60% |
Correlation
The correlation between UC84.L and UC44.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2014 | 0.26 |
The correlation between UC84.L and UC44.L shifts across timeframes, from 0.18 (5 years) to 0.28 (10 years), reflecting how their relationship changes across market environments.
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
UC84.L vs. UC44.L — Risk / Return Rank
UC84.L
UC44.L
UC84.L vs. UC44.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.L) and UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.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.
| UC84.L | UC44.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.33 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.17 | -0.86 |
| Martin ratioReturn relative to average drawdown | 3.20 | 7.73 | -4.52 |
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
| UC84.L | UC44.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.81 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.75 | -0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.87 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.78 | -0.39 |
Drawdowns
UC84.L vs. UC44.L - Drawdown Comparison
The maximum UC84.L drawdown since its inception was -18.73%, smaller than the maximum UC44.L drawdown of -24.11%. Use the drawdown chart below to compare losses from any high point for UC84.L and UC44.L.
Loading charts...
Drawdown Indicators
| UC84.L | UC44.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.73% | -24.11% | +5.38% |
Max Drawdown (1Y)Largest decline over 1 year | -4.83% | -9.61% | +4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -8.52% | -20.15% | +11.63% |
Max Drawdown (5Y)Largest decline over 5 years | -14.49% | -22.39% | +7.90% |
Max Drawdown (10Y)Largest decline over 10 years | -18.73% | -24.11% | +5.38% |
Current DrawdownCurrent decline from peak | -8.33% | 0.00% | -8.33% |
Average DrawdownAverage peak-to-trough decline | -8.19% | -4.52% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.71% | -0.73% |
Volatility
UC84.L vs. UC44.L - Volatility Comparison
The current volatility for UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.L) is 1.50%, while UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis (UC44.L) has a volatility of 3.13%. This indicates that UC84.L experiences smaller price fluctuations and is considered to be less risky than UC44.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UC84.L | UC44.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 3.13% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 4.47% | 8.72% | -4.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.08% | 11.50% | -5.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.08% | 14.43% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.40% | 14.93% | -4.53% |
UC84.L vs. UC44.L - Expense Ratio Comparison
UC84.L has a 0.18% expense ratio, which is lower than UC44.L's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
UC84.L vs. UC44.L - Dividend Comparison
UC84.L's dividend yield for the trailing twelve months is around 5.52%, more than UC44.L's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UC44.L UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis | 0.86% | 1.01% | 1.05% | 1.13% | 1.33% | 1.01% | 1.23% | 1.70% | 1.88% | 1.91% | 1.81% | 1.78% |
UC84.L UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis | 5.52% | 4.82% | 4.55% | 4.27% | 2.69% | 2.28% | 3.02% | 3.48% | 3.37% | 2.98% | 3.21% | 1.40% |
Frequently Asked Questions
UC84.L and UC44.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UC84.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UC84.L is cheaper with a 0.18% expense ratio, compared with 0.22% for UC44.L.
UC84.L is categorized as Corporate Bonds, while UC44.L is Global Equities. UC84.L tracks Bloomberg US Corp Bond TR USD, while UC44.L tracks MSCI ACWI NR USD. Their fees differ too: 0.18% for UC84.L and 0.22% for UC44.L.
Find the right allocation for UC84.L and UC44.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