UIM5.DE vs. EVSD

Last updated Jun 5, 2026

UIM5.DE (UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis) and EVSD (Eaton Vance Short Duration Income ETF) are both exchange-traded funds - UIM5.DE is a Japan Equities fund tracking the MSCI Japan, while EVSD is a Short-Term Bond fund actively managed by Eaton Vance. UIM5.DE is passively managed, while EVSD is actively managed. Over the past year, UIM5.DE returned 30.63% vs 2.96% for EVSD. At a 0.08 correlation, their price movements are largely independent. UIM5.DE charges 0.12%/yr vs 0.24%/yr for EVSD.

Performance

UIM5.DE vs. EVSD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) and Eaton Vance Short Duration Income ETF (EVSD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UIM5.DE is traded in EUR, while EVSD is traded in USD. To make them comparable, the EVSD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UIM5.DE achieves a 16.79% return, which is significantly higher than EVSD's 2.00% return.

UIM5.DE

• 1D: -0.44%
• 1M: 5.95%
• YTD: 16.79%
• 6M: 16.65%
• 1Y: 30.63%
• 3Y*: 15.54%
• 5Y*: 10.07%
• 10Y*: 9.20%

EVSD

• 1D: -0.06%
• 1M: 1.01%
• YTD: 2.00%
• 6M: 1.55%
• 1Y: 2.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UIM5.DE vs. EVSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis	16.79%	12.70%	5.94%
EVSD Eaton Vance Short Duration Income ETF	2.00%	-5.88%	7.68%

Correlation

The correlation between UIM5.DE and EVSD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 18, 2024	0.08

Return for Risk

UIM5.DE vs. EVSD — Risk / Return Rank

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

UIM5.DE

UIM5.DE Risk / Return Rank: 54
UIM5.DE Sharpe Ratio Rank: 48
UIM5.DE Sortino Ratio Rank: 52
UIM5.DE Omega Ratio Rank: 51
UIM5.DE Calmar Ratio Rank: 62
UIM5.DE Martin Ratio Rank: 57

EVSD

EVSD Risk / Return Rank: 87
EVSD Sharpe Ratio Rank: 90
EVSD Sortino Ratio Rank: 94
EVSD Omega Ratio Rank: 93
EVSD Calmar Ratio Rank: 76
EVSD Martin Ratio Rank: 81

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.

UIM5.DE vs. EVSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) and Eaton Vance Short Duration Income ETF (EVSD). 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.

	UIM5.DE	EVSD	Difference
Sharpe ratio: Return per unit of total volatility	1.62	0.52	+1.10
Sortino ratio: Return per unit of downside risk	2.46	0.77	+1.69
Omega ratio: Gain probability vs. loss probability	1.31	1.09	+0.22
Calmar ratio: Return relative to maximum drawdown	3.02	0.85	+2.18
Martin ratio: Return relative to average drawdown	9.82	2.18	+7.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UIM5.DE vs. EVSD - Sharpe Ratio Comparison

The current UIM5.DE Sharpe Ratio is 1.62, which is higher than the EVSD Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of UIM5.DE and EVSD, 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

	UIM5.DE	EVSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	0.52	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.24	+0.03

Drawdowns

UIM5.DE vs. EVSD - Drawdown Comparison

The maximum UIM5.DE drawdown since its inception was -54.88%, which is greater than EVSD's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for UIM5.DE and EVSD.

Drawdown Indicators

	UIM5.DE	EVSD	Difference
Max Drawdown Largest peak-to-trough decline	-54.88%	-10.29%	-44.59%
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	-3.51%	-6.57%
Max Drawdown (3Y) Largest decline over 3 years	-16.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.09%	—	—
Current Drawdown Current decline from peak	-0.44%	-5.21%	+4.77%
Average Drawdown Average peak-to-trough decline	-14.32%	-4.76%	-9.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	1.37%	+1.74%

Volatility

UIM5.DE vs. EVSD - Volatility Comparison

UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) has a higher volatility of 3.41% compared to Eaton Vance Short Duration Income ETF (EVSD) at 0.94%. This indicates that UIM5.DE's price experiences larger fluctuations and is considered to be riskier than EVSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UIM5.DE	EVSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	0.94%	+2.47%
Volatility (6M) Calculated over the trailing 6-month period	15.06%	3.99%	+11.07%
Volatility (1Y) Calculated over the trailing 1-year period	18.82%	5.73%	+13.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	7.02%	+9.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	7.02%	+9.41%

UIM5.DE vs. EVSD - Expense Ratio Comparison

UIM5.DE has a 0.12% expense ratio, which is lower than EVSD's 0.24% 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

UIM5.DE vs. EVSD - Dividend Comparison

UIM5.DE's dividend yield for the trailing twelve months is around 1.59%, less than EVSD's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVSD Eaton Vance Short Duration Income ETF	4.61%	4.64%	2.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis	1.59%	1.71%	1.67%	1.80%	2.11%	1.52%	1.66%	1.65%	1.58%	1.32%	1.54%	1.20%

Frequently Asked Questions

Can I hold both UIM5.DE and EVSD in my portfolio?

UIM5.DE and EVSD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UIM5.DE or EVSD?

On fees, UIM5.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UIM5.DE or EVSD?

UIM5.DE is cheaper with a 0.12% expense ratio, compared with 0.24% for EVSD.

What is the main difference between UIM5.DE and EVSD?

UIM5.DE is categorized as Japan Equities, while EVSD is Short-Term Bond. They also come from different issuers: UBS and Eaton Vance. Their fees differ too: 0.12% for UIM5.DE and 0.24% for EVSD.