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UEF6.DE vs. SYBS.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

UEF6.DE vs. SYBS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist (UEF6.DE) and SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, UEF6.DE achieves a 0.84% return, which is significantly lower than SYBS.DE's 2.27% return. Over the past 10 years, UEF6.DE has underperformed SYBS.DE with an annualized return of 1.07%, while SYBS.DE has yielded a comparatively higher 1.57% annualized return.


UEF6.DE

1D
0.08%
1M
0.53%
YTD
0.84%
6M
1.00%
1Y
2.23%
3Y*
4.67%
5Y*
1.14%
10Y*
1.07%

SYBS.DE

1D
0.13%
1M
1.74%
YTD
2.27%
6M
2.80%
1Y
3.56%
3Y*
6.45%
5Y*
-0.75%
10Y*
1.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UEF6.DE vs. SYBS.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
UEF6.DE
UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist
0.84%3.56%4.56%5.89%-8.21%-0.11%0.79%3.07%-1.08%1.35%
SYBS.DE
SPDR Bloomberg Sterling Corporate Bond UCITS ETF
2.27%1.99%6.20%11.12%-23.36%4.01%2.32%17.50%-4.05%0.65%

Correlation

The correlation between UEF6.DE and SYBS.DE is 0.59, 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

0.59

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (10Y)
Calculated over the trailing 10-year period

0.41

Correlation (All Time)
Calculated using the full available price history since May 30, 2014

0.38

Over the past year, UEF6.DE and SYBS.DE have become more correlated (0.59) than their long-term average of 0.38, meaning their price movements have been converging.

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Return for Risk

UEF6.DE vs. SYBS.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UEF6.DE
UEF6.DE Risk / Return Rank: 3232
Overall Rank
UEF6.DE Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
UEF6.DE Sortino Ratio Rank: 3434
Sortino Ratio Rank
UEF6.DE Omega Ratio Rank: 3737
Omega Ratio Rank
UEF6.DE Calmar Ratio Rank: 2525
Calmar Ratio Rank
UEF6.DE Martin Ratio Rank: 3030
Martin Ratio Rank

SYBS.DE
SYBS.DE Risk / Return Rank: 1717
Overall Rank
SYBS.DE Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
SYBS.DE Sortino Ratio Rank: 1515
Sortino Ratio Rank
SYBS.DE Omega Ratio Rank: 1515
Omega Ratio Rank
SYBS.DE Calmar Ratio Rank: 2121
Calmar Ratio Rank
SYBS.DE Martin Ratio Rank: 2020
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UEF6.DE vs. SYBS.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 SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


UEF6.DESYBS.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.60

Sortino ratioReturn per unit of downside risk

+0.93

Omega ratioGain probability vs. loss probability

1.23

1.09

+0.14

Calmar ratioReturn relative to maximum drawdown

1.13

0.91

+0.22

Martin ratioReturn relative to average drawdown

4.05

2.21

+1.84

UEF6.DE vs. SYBS.DE - Sharpe Ratio Comparison

The current UEF6.DE Sharpe Ratio is 1.11, which is higher than the SYBS.DE Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of UEF6.DE and SYBS.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

UEF6.DE vs. SYBS.DE - Drawdown Comparison

The maximum UEF6.DE drawdown since its inception was -10.88%, smaller than the maximum SYBS.DE drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for UEF6.DE and SYBS.DE.


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Drawdown Indicators


UEF6.DESYBS.DEDifference

Max Drawdown

Largest peak-to-trough decline

-10.88%

-32.65%

+21.77%

Max Drawdown (1Y)

Largest decline over 1 year

-1.97%

-3.90%

+1.93%

Max Drawdown (3Y)

Largest decline over 3 years

-1.97%

-7.54%

+5.57%

Max Drawdown (5Y)

Largest decline over 5 years

-10.88%

-32.65%

+21.77%

Max Drawdown (10Y)

Largest decline over 10 years

-10.88%

-32.65%

+21.77%

Current Drawdown

Current decline from peak

0.00%

-7.25%

+7.25%

Average Drawdown

Average peak-to-trough decline

-1.72%

-8.21%

+6.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.55%

1.49%

-0.94%

Volatility

UEF6.DE vs. SYBS.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 0.52%, while SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE) has a volatility of 1.52%. This indicates that UEF6.DE experiences smaller price fluctuations and is considered to be less risky than SYBS.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.DESYBS.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.52%

1.52%

-1.00%

Volatility (6M)

Calculated over the trailing 6-month period

1.77%

5.52%

-3.75%

Volatility (1Y)

Calculated over the trailing 1-year period

2.00%

6.93%

-4.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.95%

9.54%

-6.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.04%

9.63%

-6.59%

UEF6.DE vs. SYBS.DE - Expense Ratio Comparison

UEF6.DE has a 0.16% expense ratio, which is lower than SYBS.DE's 0.20% 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

UEF6.DE vs. SYBS.DE - Dividend Comparison

UEF6.DE's dividend yield for the trailing twelve months is around 3.27%, less than SYBS.DE's 4.53% yield.


PositionTTM20252024202320222021202020192018201720162015
SYBS.DE
SPDR Bloomberg Sterling Corporate Bond UCITS ETF
4.53%4.50%4.01%3.29%2.96%2.21%2.49%2.40%2.75%3.14%3.40%3.54%
UEF6.DE
UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) Dist
3.27%3.56%2.52%1.54%0.44%0.54%0.56%0.60%0.69%0.46%0.72%0.74%

Frequently Asked Questions


UEF6.DE and SYBS.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UEF6.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UEF6.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for SYBS.DE.

UEF6.DE tracks Bloomberg Euro Area Liquid Corporates 1-5, while SYBS.DE tracks Bloomberg Sterling Corporate Bond. They also come from different issuers: UBS and State Street. Their fees differ too: 0.16% for UEF6.DE and 0.20% for SYBS.DE.

Portfolio Optimizer

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