UIMA.DE vs. VWCE.DE
UIMA.DE (UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - UIMA.DE is a Europe Equities fund tracking the MSCI Europe, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, UIMA.DE returned 10.02%/yr vs 12.28%/yr for VWCE.DE. Their correlation of 0.82 suggests significant overlap in exposure. UIMA.DE charges 0.10%/yr vs 0.19%/yr for VWCE.DE.
Performance
UIMA.DE vs. VWCE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UIMA.DE achieves a 7.64% return, which is significantly lower than VWCE.DE's 12.64% return.
UIMA.DE
- 1D
- 0.62%
- 1M
- 1.25%
- YTD
- 7.64%
- 6M
- 10.05%
- 1Y
- 16.12%
- 3Y*
- 13.82%
- 5Y*
- 10.02%
- 10Y*
- 9.17%
VWCE.DE
- 1D
- -0.21%
- 1M
- 3.63%
- YTD
- 12.64%
- 6M
- 12.84%
- 1Y
- 26.31%
- 3Y*
- 17.85%
- 5Y*
- 12.28%
- 10Y*
- —
UIMA.DE vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UIMA.DE UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis | 7.64% | 20.65% | 8.36% | 15.54% | -9.27% | 24.93% | -3.30% | 7.77% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 12.64% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 8.01% |
Correlation
The correlation between UIMA.DE and VWCE.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | 0.82 |
The correlation between UIMA.DE and VWCE.DE has been stable across timeframes, ranging from 0.73 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UIMA.DE vs. VWCE.DE — Risk / Return Rank
UIMA.DE
VWCE.DE
UIMA.DE vs. VWCE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis (UIMA.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.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.
| UIMA.DE | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.43 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 4.01 | -2.27 |
| Martin ratioReturn relative to average drawdown | 6.51 | 16.55 | -10.04 |
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 charts...
Sharpe Ratios by Period
| UIMA.DE | VWCE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 2.31 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.88 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.79 | -0.30 |
Drawdowns
UIMA.DE vs. VWCE.DE - Drawdown Comparison
The maximum UIMA.DE drawdown since its inception was -35.78%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for UIMA.DE and VWCE.DE.
Loading charts...
Drawdown Indicators
| UIMA.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.78% | -33.43% | -2.35% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -6.55% | -2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -16.25% | -21.07% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -21.07% | +1.65% |
Max Drawdown (10Y)Largest decline over 10 years | -35.78% | — | — |
Current DrawdownCurrent decline from peak | -1.50% | -0.66% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -5.66% | -4.69% | -0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 1.59% | +0.94% |
Volatility
UIMA.DE vs. VWCE.DE - Volatility Comparison
UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis (UIMA.DE) has a higher volatility of 4.30% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.06%. This indicates that UIMA.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIMA.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 3.06% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 10.54% | 8.18% | +2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.75% | 11.37% | +1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 13.75% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.57% | 16.16% | -0.59% |
UIMA.DE vs. VWCE.DE - Expense Ratio Comparison
UIMA.DE has a 0.10% expense ratio, which is lower than VWCE.DE's 0.19% 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
UIMA.DE vs. VWCE.DE - Dividend Comparison
UIMA.DE's dividend yield for the trailing twelve months is around 3.16%, while VWCE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UIMA.DE UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis | 3.16% | 2.48% | 2.67% | 2.74% | 2.91% | 2.02% | 2.06% | 2.87% | 3.38% | 2.91% | 3.95% | 3.24% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UIMA.DE and VWCE.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UIMA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIMA.DE is cheaper with a 0.10% expense ratio, compared with 0.19% for VWCE.DE.
UIMA.DE is categorized as Europe Equities, while VWCE.DE is Global Equities. UIMA.DE tracks MSCI Europe, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: UBS and Vanguard. Their fees differ too: 0.10% for UIMA.DE and 0.19% for VWCE.DE.
Find the right allocation for UIMA.DE and VWCE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer