UC99.L vs. UC84.L
UC99.L (UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis) and UC84.L (UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis) are both exchange-traded funds - UC99.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while UC84.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD. Both are passively managed. Over the past 10 years, UC99.L returned 16.19%/yr vs 3.15%/yr for UC84.L. At a 0.31 correlation, their price movements are largely independent. UC99.L charges 0.25%/yr vs 0.18%/yr for UC84.L.
Performance
UC99.L vs. UC84.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UC99.L achieves a 10.42% return, which is significantly higher than UC84.L's 0.32% return. Over the past 10 years, UC99.L has outperformed UC84.L with an annualized return of 16.19%, while UC84.L has yielded a comparatively lower 3.15% annualized return.
UC99.L
- 1D
- 0.63%
- 1M
- 5.54%
- YTD
- 10.42%
- 6M
- 10.00%
- 1Y
- 29.38%
- 3Y*
- 17.61%
- 5Y*
- 13.98%
- 10Y*
- 16.19%
UC84.L
- 1D
- 0.23%
- 1M
- 1.24%
- YTD
- 0.32%
- 6M
- -0.24%
- 1Y
- 6.75%
- 3Y*
- 2.40%
- 5Y*
- 1.22%
- 10Y*
- 3.15%
UC99.L vs. UC84.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 10.42% | 8.68% | 22.60% | 27.58% | -15.03% | 28.64% | 16.43% | 32.55% | 0.49% | 12.84% |
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% |
Correlation
The correlation between UC99.L and UC84.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2015 | 0.31 |
The correlation between UC99.L and UC84.L shifts across timeframes, from 0.21 (5 years) to 0.31 (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
UC99.L vs. UC84.L — Risk / Return Rank
UC99.L
UC84.L
UC99.L vs. UC84.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.L) and UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.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.
| UC99.L | UC84.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.18 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.10 | 1.31 | +1.79 |
| Martin ratioReturn relative to average drawdown | 11.14 | 3.20 | +7.93 |
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
| UC99.L | UC84.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 1.04 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.13 | +0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | 0.30 | +0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.39 | +0.60 |
Drawdowns
UC99.L vs. UC84.L - Drawdown Comparison
The maximum UC99.L drawdown since its inception was -23.20%, which is greater than UC84.L's maximum drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for UC99.L and UC84.L.
Loading charts...
Drawdown Indicators
| UC99.L | UC84.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.20% | -18.73% | -4.47% |
Max Drawdown (1Y)Largest decline over 1 year | -9.47% | -4.83% | -4.64% |
Max Drawdown (3Y)Largest decline over 3 years | -23.20% | -8.52% | -14.68% |
Max Drawdown (5Y)Largest decline over 5 years | -23.20% | -14.49% | -8.71% |
Max Drawdown (10Y)Largest decline over 10 years | -23.20% | -18.73% | -4.47% |
Current DrawdownCurrent decline from peak | 0.00% | -8.33% | +8.33% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -8.19% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 1.98% | +0.66% |
Volatility
UC99.L vs. UC84.L - Volatility Comparison
UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis (UC99.L) has a higher volatility of 3.33% compared to UBS ETF (LU) Bloomberg US Liquid Corporates UCITS ETF (USD) A-dis (UC84.L) at 1.50%. This indicates that UC99.L's price experiences larger fluctuations and is considered to be riskier than UC84.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UC99.L | UC84.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 1.50% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 8.62% | 4.47% | +4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 6.08% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 9.08% | +6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.54% | 10.40% | +6.14% |
UC99.L vs. UC84.L - Expense Ratio Comparison
UC99.L has a 0.25% expense ratio, which is higher than UC84.L's 0.18% 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
UC99.L vs. UC84.L - Dividend Comparison
UC99.L has not paid dividends to shareholders, while UC84.L's dividend yield for the trailing twelve months is around 5.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UC99.L UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (USD) A-dis | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
Frequently Asked Questions
UC99.L and UC84.L have a correlation of 0.31, 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 0.25% for UC99.L.
UC99.L is categorized as Large Cap Blend Equities, while UC84.L is Corporate Bonds. UC99.L tracks Russell 1000 TR USD, while UC84.L tracks Bloomberg US Corp Bond TR USD. Their fees differ too: 0.25% for UC99.L and 0.18% for UC84.L.
Find the right allocation for UC99.L and UC84.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