UIMI.DE vs. EL40.DE
UIMI.DE (UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis) and EL40.DE (Deka MSCI Emerging Markets UCITS ETF ) are both Emerging Markets Equities funds tracking the MSCI Emerging Markets, from UBS and Deka Investment GmbH respectively. Both are passively managed. Over the past 10 years, UIMI.DE returned 9.97%/yr vs 9.07%/yr for EL40.DE. Their correlation of 0.89 suggests significant overlap in exposure. UIMI.DE charges 0.18%/yr vs 0.66%/yr for EL40.DE.
Performance
UIMI.DE vs. EL40.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with UIMI.DE having a 27.62% return and EL40.DE slightly lower at 26.76%. Over the past 10 years, UIMI.DE has outperformed EL40.DE with an annualized return of 9.97%, while EL40.DE has yielded a comparatively lower 9.07% annualized return.
UIMI.DE
- 1D
- -1.51%
- 1M
- 3.62%
- YTD
- 27.62%
- 6M
- 28.59%
- 1Y
- 49.07%
- 3Y*
- 21.00%
- 5Y*
- 8.50%
- 10Y*
- 9.97%
EL40.DE
- 1D
- -2.26%
- 1M
- 3.66%
- YTD
- 26.76%
- 6M
- 26.78%
- 1Y
- 47.15%
- 3Y*
- 19.57%
- 5Y*
- 7.38%
- 10Y*
- 9.07%
UIMI.DE vs. EL40.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UIMI.DE UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis | 27.62% | 20.10% | 13.22% | 5.76% | -14.07% | 4.14% | 6.29% | 22.09% | -11.16% | 20.67% |
EL40.DE Deka MSCI Emerging Markets UCITS ETF | 26.76% | 17.86% | 13.11% | 4.33% | -14.87% | 4.55% | 5.36% | 20.78% | -11.51% | 19.00% |
Correlation
The correlation between UIMI.DE and EL40.DE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.89 |
The correlation between UIMI.DE and EL40.DE has been stable across timeframes, ranging from 0.87 to 0.93 - 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
UIMI.DE vs. EL40.DE — Risk / Return Rank
UIMI.DE
EL40.DE
UIMI.DE vs. EL40.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.DE) and Deka MSCI Emerging Markets UCITS ETF (EL40.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.
| UIMI.DE | EL40.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.43 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 2.88 | +1.97 |
| Martin ratioReturn relative to average drawdown | 17.64 | 7.00 | +10.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UIMI.DE | EL40.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.81 | 1.79 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.35 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.44 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.30 | +0.03 |
Drawdowns
UIMI.DE vs. EL40.DE - Drawdown Comparison
The maximum UIMI.DE drawdown since its inception was -36.26%, roughly equal to the maximum EL40.DE drawdown of -36.65%. Use the drawdown chart below to compare losses from any high point for UIMI.DE and EL40.DE.
Loading charts...
Drawdown Indicators
| UIMI.DE | EL40.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -36.65% | +0.39% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -16.53% | +6.27% |
Max Drawdown (3Y)Largest decline over 3 years | -19.74% | -18.17% | -1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -23.93% | -25.06% | +1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -32.05% | -31.59% | -0.46% |
Current DrawdownCurrent decline from peak | -2.57% | -3.01% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -11.15% | -11.60% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 6.82% | -3.99% |
Volatility
UIMI.DE vs. EL40.DE - Volatility Comparison
The current volatility for UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.DE) is 7.28%, while Deka MSCI Emerging Markets UCITS ETF (EL40.DE) has a volatility of 8.00%. This indicates that UIMI.DE experiences smaller price fluctuations and is considered to be less risky than EL40.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIMI.DE | EL40.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 8.00% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 15.83% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 26.69% | -8.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 20.75% | -4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 20.44% | -2.17% |
UIMI.DE vs. EL40.DE - Expense Ratio Comparison
UIMI.DE has a 0.18% expense ratio, which is lower than EL40.DE's 0.66% expense ratio.
Dividends
UIMI.DE vs. EL40.DE - Dividend Comparison
UIMI.DE's dividend yield for the trailing twelve months is around 1.69%, while EL40.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL40.DE Deka MSCI Emerging Markets UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% | 0.02% | 0.00% |
UIMI.DE UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis | 1.69% | 2.31% | 2.10% | 2.63% | 2.91% | 1.68% | 1.82% | 2.17% | 2.03% | 1.67% | 2.54% | 2.72% |
Frequently Asked Questions
With a correlation of 0.93, UIMI.DE and EL40.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, UIMI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIMI.DE is cheaper with a 0.18% expense ratio, compared with 0.66% for EL40.DE.
Both ETFs track MSCI Emerging Markets. They also come from different issuers: UBS and Deka Investment GmbH. Their fees differ too: 0.18% for UIMI.DE and 0.66% for EL40.DE.
Find the right allocation for UIMI.DE and EL40.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