UETW.DE vs. IE00BFPM9N11.EUFUND

Last updated Jun 5, 2026

UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) and IE00BFPM9N11.EUFUND (Vanguard Global Stock Index Fund Institutional Plus EUR Acc) are both Global Equities funds. Over the past 5 years, UETW.DE returned 12.87%/yr vs 12.74%/yr for IE00BFPM9N11.EUFUND. A 0.66 correlation means they provide meaningful diversification when combined. UETW.DE charges 0.10%/yr vs 0.11%/yr for IE00BFPM9N11.EUFUND.

Performance

UETW.DE vs. IE00BFPM9N11.EUFUND - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) and Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with UETW.DE having a 10.95% return and IE00BFPM9N11.EUFUND slightly higher at 11.37%.

UETW.DE

• 1D: -0.01%
• 1M: 3.72%
• YTD: 10.95%
• 6M: 10.99%
• 1Y: 23.94%
• 3Y*: 17.68%
• 5Y*: 12.87%
• 10Y*: —

IE00BFPM9N11.EUFUND

• 1D: -0.37%
• 1M: 3.41%
• YTD: 11.37%
• 6M: 10.80%
• 1Y: 24.45%
• 3Y*: 17.53%
• 5Y*: 12.74%
• 10Y*: 12.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UETW.DE vs. IE00BFPM9N11.EUFUND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc	10.95%	8.06%	26.50%	19.68%	-13.72%	32.17%	5.50%	12.54%
IE00BFPM9N11.EUFUND Vanguard Global Stock Index Fund Institutional Plus EUR Acc	11.37%	6.73%	26.59%	19.63%	-12.79%	31.07%	6.32%	12.09%

Correlation

The correlation between UETW.DE and IE00BFPM9N11.EUFUND is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019	0.66

The correlation between UETW.DE and IE00BFPM9N11.EUFUND has been stable across timeframes, ranging from 0.64 to 0.72 - a consistent structural relationship.

Return for Risk

UETW.DE vs. IE00BFPM9N11.EUFUND — Risk / Return Rank

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

UETW.DE

UETW.DE Risk / Return Rank: 71
UETW.DE Sharpe Ratio Rank: 66
UETW.DE Sortino Ratio Rank: 67
UETW.DE Omega Ratio Rank: 69
UETW.DE Calmar Ratio Rank: 74
UETW.DE Martin Ratio Rank: 77

IE00BFPM9N11.EUFUND

IE00BFPM9N11.EUFUND Risk / Return Rank: 66
IE00BFPM9N11.EUFUND Sharpe Ratio Rank: 61
IE00BFPM9N11.EUFUND Sortino Ratio Rank: 53
IE00BFPM9N11.EUFUND Omega Ratio Rank: 60
IE00BFPM9N11.EUFUND Calmar Ratio Rank: 78
IE00BFPM9N11.EUFUND Martin Ratio Rank: 80

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.

UETW.DE vs. IE00BFPM9N11.EUFUND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) and Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND). 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.

	UETW.DE	IE00BFPM9N11.EUFUND	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.29	-0.12
Sortino ratio: Return per unit of downside risk	3.02	3.04	-0.02
Omega ratio: Gain probability vs. loss probability	1.40	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	3.67	3.51	+0.17
Martin ratio: Return relative to average drawdown	14.61	14.67	-0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UETW.DE vs. IE00BFPM9N11.EUFUND - Sharpe Ratio Comparison

The current UETW.DE Sharpe Ratio is 2.17, which is comparable to the IE00BFPM9N11.EUFUND Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of UETW.DE and IE00BFPM9N11.EUFUND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UETW.DE	IE00BFPM9N11.EUFUND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	2.29	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.90	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.81	+0.03

Drawdowns

UETW.DE vs. IE00BFPM9N11.EUFUND - Drawdown Comparison

The maximum UETW.DE drawdown since its inception was -33.72%, roughly equal to the maximum IE00BFPM9N11.EUFUND drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for UETW.DE and IE00BFPM9N11.EUFUND.

Drawdown Indicators

	UETW.DE	IE00BFPM9N11.EUFUND	Difference
Max Drawdown Largest peak-to-trough decline	-33.72%	-33.75%	+0.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-6.59%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	-21.30%	-20.29%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-21.30%	-20.29%	-1.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.75%	—
Current Drawdown Current decline from peak	-0.30%	-0.37%	+0.07%
Average Drawdown Average peak-to-trough decline	-4.63%	-4.35%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.57%	+0.06%

Volatility

UETW.DE vs. IE00BFPM9N11.EUFUND - Volatility Comparison

UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) has a higher volatility of 2.60% compared to Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) at 2.24%. This indicates that UETW.DE's price experiences larger fluctuations and is considered to be riskier than IE00BFPM9N11.EUFUND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UETW.DE	IE00BFPM9N11.EUFUND	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	2.24%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	7.63%	7.43%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	10.97%	10.12%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.03%	13.92%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	15.12%	+0.99%

UETW.DE vs. IE00BFPM9N11.EUFUND - Expense Ratio Comparison

UETW.DE has a 0.10% expense ratio, which is lower than IE00BFPM9N11.EUFUND's 0.11% 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

UETW.DE vs. IE00BFPM9N11.EUFUND - Dividend Comparison

Neither UETW.DE nor IE00BFPM9N11.EUFUND has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UETW.DE and IE00BFPM9N11.EUFUND in my portfolio?

UETW.DE and IE00BFPM9N11.EUFUND have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.