UC96.L vs. IEFV.L
Compare and contrast key facts about UBS ETF (IE) Factor MSCI USA Prime Value UCITS ETF (USD) A-dis (UC96.L) and iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L).
UC96.L and IEFV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UC96.L is a passively managed fund by UBS that tracks the performance of the Russell 1000 Value TR USD. It was launched on Aug 26, 2015. IEFV.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Value NR EUR. It was launched on Jan 16, 2015. Both UC96.L and IEFV.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UC96.L or IEFV.L.
Key characteristics
| UC96.L | IEFV.L | |
|---|---|---|
| YTD Return | 7.73% | 9.98% |
| 1Y Return | 21.60% | 15.72% |
| 3Y Return (Ann) | 9.59% | 9.37% |
| 5Y Return (Ann) | 11.33% | 9.01% |
| Sharpe Ratio | 2.06 | 1.37 |
| Daily Std Dev | 10.47% | 11.49% |
| Max Drawdown | -27.20% | -34.64% |
| Current Drawdown | -0.57% | 0.00% |
Correlation
The correlation between UC96.L and IEFV.L is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UC96.L vs. IEFV.L - Performance Comparison
In the year-to-date period, UC96.L achieves a 7.73% return, which is significantly lower than IEFV.L's 9.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UC96.L vs. IEFV.L - Expense Ratio Comparison
Both UC96.L and IEFV.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
UC96.L vs. IEFV.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Factor MSCI USA Prime Value UCITS ETF (USD) A-dis (UC96.L) and iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.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.
Dividends
UC96.L vs. IEFV.L - Dividend Comparison
Neither UC96.L nor IEFV.L has paid dividends to shareholders.
Drawdowns
UC96.L vs. IEFV.L - Drawdown Comparison
The maximum UC96.L drawdown since its inception was -27.20%, smaller than the maximum IEFV.L drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for UC96.L and IEFV.L. For additional features, visit the drawdowns tool.
Volatility
UC96.L vs. IEFV.L - Volatility Comparison
UBS ETF (IE) Factor MSCI USA Prime Value UCITS ETF (USD) A-dis (UC96.L) and iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) have volatilities of 3.70% and 3.77%, 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.