UEFS.DE vs. VGEM.DE
Compare and contrast key facts about UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VGEM.DE).
UEFS.DE and VGEM.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UEFS.DE is a passively managed fund by UBS that tracks the performance of the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped. It was launched on Jan 29, 2016. VGEM.DE is a passively managed fund by Vanguard that tracks the performance of the Bloomberg EM USD Sovereign + Quasi-Sov. It was launched on Dec 6, 2016. Both UEFS.DE and VGEM.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UEFS.DE vs. VGEM.DE - Performance Comparison
Loading graphics...
UEFS.DE vs. VGEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 0.79% | 2.37% | 13.84% | 8.28% | -14.67% | 5.66% | -4.70% | 17.07% | 0.35% | -0.34% |
VGEM.DE Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 1.08% | -1.55% | 12.06% | 5.25% | -10.36% | 5.98% | -3.91% | 15.57% | 0.84% | -0.72% |
Returns By Period
In the year-to-date period, UEFS.DE achieves a 0.79% return, which is significantly lower than VGEM.DE's 1.08% return.
UEFS.DE
- 1D
- 0.56%
- 1M
- -1.41%
- YTD
- 0.79%
- 6M
- 3.49%
- 1Y
- 4.66%
- 3Y*
- 8.11%
- 5Y*
- 2.76%
- 10Y*
- 3.63%
VGEM.DE
- 1D
- 0.65%
- 1M
- -0.85%
- YTD
- 1.08%
- 6M
- 2.86%
- 1Y
- 1.11%
- 3Y*
- 5.17%
- 5Y*
- 2.19%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UEFS.DE vs. VGEM.DE - Expense Ratio Comparison
Both UEFS.DE and VGEM.DE 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%.
Return for Risk
UEFS.DE vs. VGEM.DE — Risk / Return Rank
UEFS.DE
VGEM.DE
UEFS.DE vs. VGEM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VGEM.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.
| UEFS.DE | VGEM.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.13 | +0.39 |
Sortino ratioReturn per unit of downside risk | 0.74 | 0.23 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.03 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.24 | 0.54 | +0.70 |
Martin ratioReturn relative to average drawdown | 5.30 | 1.73 | +3.57 |
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 graphics...
Sharpe Ratios by Period
| UEFS.DE | VGEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.13 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.27 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.30 | +0.12 |
Correlation
The correlation between UEFS.DE and VGEM.DE is 0.88, 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.
Dividends
UEFS.DE vs. VGEM.DE - Dividend Comparison
UEFS.DE's dividend yield for the trailing twelve months is around 6.69%, more than VGEM.DE's 5.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UEFS.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist | 6.69% | 7.96% | 6.14% | 6.46% | 6.08% | 4.22% | 5.09% | 4.60% | 4.53% | 4.90% | 2.30% |
VGEM.DE Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 5.12% | 5.60% | 5.23% | 5.14% | 4.84% | 3.16% | 3.99% | 3.87% | 3.84% | 0.68% | 0.00% |
Drawdowns
UEFS.DE vs. VGEM.DE - Drawdown Comparison
The maximum UEFS.DE drawdown since its inception was -24.26%, which is greater than VGEM.DE's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for UEFS.DE and VGEM.DE.
Loading graphics...
Drawdown Indicators
| UEFS.DE | VGEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.26% | -19.64% | -4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -6.63% | -5.97% | -0.66% |
Max Drawdown (5Y)Largest decline over 5 years | -17.84% | -12.46% | -5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -24.26% | — | — |
Current DrawdownCurrent decline from peak | -1.88% | -3.39% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -7.52% | -6.66% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 1.86% | -0.45% |
Volatility
UEFS.DE vs. VGEM.DE - Volatility Comparison
UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) Dist (UEFS.DE) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VGEM.DE) have volatilities of 2.06% and 2.07%, 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.
Loading graphics...
Volatility by Period
| UEFS.DE | VGEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 2.07% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 4.29% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.82% | 8.34% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.72% | 7.91% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.45% | 8.93% | +0.52% |