UIMI.DE vs. EUNZ.DE
UIMI.DE (UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis) and EUNZ.DE (iShares Edge MSCI EM Minimum Volatility UCITS ETF) are both Emerging Markets Equities funds - UIMI.DE tracks the MSCI Emerging Markets while EUNZ.DE tracks the MSCI Emerging Markets Minimum Volatility. Both are passively managed. Over the past 10 years, UIMI.DE returned 9.97%/yr vs 6.20%/yr for EUNZ.DE. Their correlation of 0.90 suggests significant overlap in exposure. UIMI.DE charges 0.18%/yr vs 0.40%/yr for EUNZ.DE.
Performance
UIMI.DE vs. EUNZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UIMI.DE achieves a 27.62% return, which is significantly higher than EUNZ.DE's 18.69% return. Over the past 10 years, UIMI.DE has outperformed EUNZ.DE with an annualized return of 9.97%, while EUNZ.DE has yielded a comparatively lower 6.20% annualized return.
UIMI.DE
- 1D
- -1.51%
- 1M
- 5.91%
- YTD
- 27.62%
- 6M
- 29.93%
- 1Y
- 50.04%
- 3Y*
- 21.00%
- 5Y*
- 8.50%
- 10Y*
- 9.97%
EUNZ.DE
- 1D
- -1.19%
- 1M
- 5.16%
- YTD
- 18.69%
- 6M
- 18.37%
- 1Y
- 22.59%
- 3Y*
- 11.07%
- 5Y*
- 6.48%
- 10Y*
- 6.20%
UIMI.DE vs. EUNZ.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% |
EUNZ.DE iShares Edge MSCI EM Minimum Volatility UCITS ETF | 18.69% | -0.15% | 15.73% | 3.85% | -8.85% | 13.05% | -2.49% | 10.59% | -1.89% | 11.39% |
Correlation
The correlation between UIMI.DE and EUNZ.DE is 0.88, 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 | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2013 | 0.90 |
The correlation between UIMI.DE and EUNZ.DE has been stable across timeframes, ranging from 0.83 to 0.90 - 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. EUNZ.DE — Risk / Return Rank
UIMI.DE
EUNZ.DE
UIMI.DE vs. EUNZ.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 iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.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 | EUNZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.35 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 3.00 | +1.86 |
| Martin ratioReturn relative to average drawdown | 17.64 | 10.57 | +7.07 |
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 | EUNZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.81 | 1.85 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.56 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.46 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.35 | -0.03 |
Drawdowns
UIMI.DE vs. EUNZ.DE - Drawdown Comparison
The maximum UIMI.DE drawdown since its inception was -36.26%, which is greater than EUNZ.DE's maximum drawdown of -30.47%. Use the drawdown chart below to compare losses from any high point for UIMI.DE and EUNZ.DE.
Loading charts...
Drawdown Indicators
| UIMI.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -30.47% | -5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -7.50% | -2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -19.74% | -14.00% | -5.74% |
Max Drawdown (5Y)Largest decline over 5 years | -23.93% | -14.00% | -9.93% |
Max Drawdown (10Y)Largest decline over 10 years | -32.05% | -26.15% | -5.90% |
Current DrawdownCurrent decline from peak | -2.57% | -1.96% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -11.15% | -7.62% | -3.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.13% | +0.70% |
Volatility
UIMI.DE vs. EUNZ.DE - Volatility Comparison
UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-dis (UIMI.DE) has a higher volatility of 7.28% compared to iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.DE) at 4.75%. This indicates that UIMI.DE's price experiences larger fluctuations and is considered to be riskier than EUNZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIMI.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 4.75% | +2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 10.35% | +4.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 12.18% | +5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 11.41% | +5.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 13.32% | +4.95% |
UIMI.DE vs. EUNZ.DE - Expense Ratio Comparison
UIMI.DE has a 0.18% expense ratio, which is lower than EUNZ.DE's 0.40% expense ratio.
Dividends
UIMI.DE vs. EUNZ.DE - Dividend Comparison
UIMI.DE's dividend yield for the trailing twelve months is around 1.69%, while EUNZ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNZ.DE iShares Edge MSCI EM Minimum Volatility 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% |
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
UIMI.DE and EUNZ.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.40% for EUNZ.DE.
UIMI.DE tracks MSCI Emerging Markets, while EUNZ.DE tracks MSCI Emerging Markets Minimum Volatility. They also come from different issuers: UBS and iShares. Their fees differ too: 0.18% for UIMI.DE and 0.40% for EUNZ.DE.
Find the right allocation for UIMI.DE and EUNZ.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