UEF6.DE vs. AW10.DE
UEF6.DE (UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist) and AW10.DE (UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc) are both exchange-traded funds - UEF6.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Area Liquid Corporates 1-5, while AW10.DE is a Global Equities fund tracking the MSCI World Climate Paris Aligned. Both are passively managed. Over the past 5 years, UEF6.DE returned 1.05%/yr vs 12.14%/yr for AW10.DE. At a 0.31 correlation, their price movements are largely independent. UEF6.DE charges 0.16%/yr vs 0.15%/yr for AW10.DE.
Performance
UEF6.DE vs. AW10.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UEF6.DE achieves a 0.36% return, which is significantly lower than AW10.DE's 7.93% return.
UEF6.DE
- 1D
- 0.08%
- 1M
- 0.30%
- YTD
- 0.36%
- 6M
- 0.40%
- 1Y
- 1.91%
- 3Y*
- 4.48%
- 5Y*
- 1.05%
- 10Y*
- 1.03%
AW10.DE
- 1D
- 0.29%
- 1M
- 1.14%
- YTD
- 7.93%
- 6M
- 9.56%
- 1Y
- 16.83%
- 3Y*
- 16.77%
- 5Y*
- 12.14%
- 10Y*
- —
UEF6.DE vs. AW10.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UEF6.DE UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist | 0.36% | 3.55% | 4.56% | 5.92% | -8.23% | -0.33% |
AW10.DE UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc | 7.93% | 9.11% | 25.31% | 21.54% | -17.22% | 22.34% |
Correlation
The correlation between UEF6.DE and AW10.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.31 |
Over the past year, UEF6.DE and AW10.DE have become more correlated (0.58) than their long-term average of 0.31, meaning their price movements have been converging.
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Return for Risk
UEF6.DE vs. AW10.DE — Risk / Return Rank
UEF6.DE
AW10.DE
UEF6.DE vs. AW10.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist (UEF6.DE) and UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE). 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.
| UEF6.DE | AW10.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 1.02 | -0.04 |
| Martin ratioReturn relative to average drawdown | 3.52 | 1.98 | +1.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UEF6.DE | AW10.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.69 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.70 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.71 | -0.30 |
Drawdowns
UEF6.DE vs. AW10.DE - Drawdown Comparison
The maximum UEF6.DE drawdown since its inception was -10.90%, smaller than the maximum AW10.DE drawdown of -19.92%. Use the drawdown chart below to compare losses from any high point for UEF6.DE and AW10.DE.
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Drawdown Indicators
| UEF6.DE | AW10.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.90% | -19.92% | +9.02% |
Max Drawdown (1Y)Largest decline over 1 year | -1.94% | -16.56% | +14.62% |
Max Drawdown (3Y)Largest decline over 3 years | -1.94% | -17.58% | +15.64% |
Max Drawdown (5Y)Largest decline over 5 years | -10.90% | -19.92% | +9.02% |
Max Drawdown (10Y)Largest decline over 10 years | -10.90% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -5.44% | +4.98% |
Average DrawdownAverage peak-to-trough decline | -1.75% | -5.91% | +4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 8.55% | -8.01% |
Volatility
UEF6.DE vs. AW10.DE - Volatility Comparison
The current volatility for UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist (UEF6.DE) is 0.69%, while UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE) has a volatility of 3.47%. This indicates that UEF6.DE experiences smaller price fluctuations and is considered to be less risky than AW10.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEF6.DE | AW10.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | 3.47% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 1.72% | 10.93% | -9.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 24.57% | -22.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.92% | 17.11% | -14.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.02% | 16.95% | -13.93% |
UEF6.DE vs. AW10.DE - Expense Ratio Comparison
UEF6.DE has a 0.16% expense ratio, which is higher than AW10.DE's 0.15% 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
UEF6.DE vs. AW10.DE - Dividend Comparison
UEF6.DE's dividend yield for the trailing twelve months is around 3.29%, while AW10.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AW10.DE UBS ETF (IE) MSCI World Climate Paris Aligned 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% |
UEF6.DE UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist | 3.29% | 3.56% | 2.52% | 1.53% | 0.44% | 0.54% | 0.56% | 0.60% | 0.69% | 0.46% | 0.72% | 0.74% |
Frequently Asked Questions
UEF6.DE and AW10.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW10.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW10.DE is cheaper with a 0.15% expense ratio, compared with 0.16% for UEF6.DE.
UEF6.DE is categorized as European Corporate Bonds, while AW10.DE is Global Equities. UEF6.DE tracks Bloomberg Euro Area Liquid Corporates 1-5, while AW10.DE tracks MSCI World Climate Paris Aligned. Their fees differ too: 0.16% for UEF6.DE and 0.15% for AW10.DE.
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