UIQ4.DE vs. EMIE.DE

Last updated Apr 2, 2026

Compare and contrast key facts about UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE).

UIQ4.DE and EMIE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UIQ4.DE is a passively managed fund by UBS that tracks the performance of the Euro Equity Defensive Put Write Index. It was launched on Jun 27, 2016. EMIE.DE is a passively managed fund by UBS that tracks the performance of the JP Morgan USD Emerging Markets IG ESG Diversified Bond (EUR Hedged). It was launched on Aug 2, 2019. Both UIQ4.DE and EMIE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

UIQ4.DE vs. EMIE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE). The values are adjusted to include any dividend payments, if applicable.

UIQ4.DE vs. EMIE.DE - Yearly Performance Comparison

	2026 (YTD)	2025
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.12%	6.38%
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc	-1.54%	4.57%

Returns By Period

In the year-to-date period, UIQ4.DE achieves a 0.12% return, which is significantly higher than EMIE.DE's -1.54% return.

UIQ4.DE

• 1D: 1.19%
• 1M: -0.67%
• YTD: 0.12%
• 6M: 3.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMIE.DE

• 1D: 0.46%
• 1M: -2.03%
• YTD: -1.54%
• 6M: -1.26%
• 1Y: 2.56%
• 3Y*: 2.17%
• 5Y*: -2.35%
• 10Y*: —

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

UIQ4.DE vs. EMIE.DE - Expense Ratio Comparison

UIQ4.DE has a 0.21% expense ratio, which is lower than EMIE.DE's 0.43% expense ratio.

EMIE.DE

UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc

UIQ4.DE

UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc

Return for Risk

UIQ4.DE vs. EMIE.DE — Risk / Return Rank

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

EMIE.DE

EMIE.DE Risk / Return Rank: 27
EMIE.DE Sharpe Ratio Rank: 29
EMIE.DE Sortino Ratio Rank: 27
EMIE.DE Omega Ratio Rank: 26
EMIE.DE Calmar Ratio Rank: 26
EMIE.DE Martin Ratio Rank: 28

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.

UIQ4.DE vs. EMIE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UIQ4.DE	EMIE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	-0.13	+1.24

Correlation

The correlation between UIQ4.DE and EMIE.DE is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UIQ4.DE vs. EMIE.DE - Dividend Comparison

Neither UIQ4.DE nor EMIE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

UIQ4.DE vs. EMIE.DE - Drawdown Comparison

The maximum UIQ4.DE drawdown since its inception was -3.90%, smaller than the maximum EMIE.DE drawdown of -26.98%. Use the drawdown chart below to compare losses from any high point for UIQ4.DE and EMIE.DE.

Drawdown Indicators

	UIQ4.DE	EMIE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-3.90%	-26.98%	+23.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.83%	—
Current Drawdown Current decline from peak	-1.53%	-14.98%	+13.45%
Average Drawdown Average peak-to-trough decline	-0.88%	-12.65%	+11.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.97%	—

Volatility

Volatility by Period

	UIQ4.DE	EMIE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	4.24%	+3.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	6.67%	+0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	8.02%	-0.78%