UIQ4.DE vs. SY7D.DE

Last updated Apr 3, 2026

Compare and contrast key facts about UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.DE).

UIQ4.DE and SY7D.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. SY7D.DE is a passively managed fund by Global X that tracks the performance of the EURO STOXX 50 Covered Call ATM Index. It was launched on May 6, 2025. Both UIQ4.DE and SY7D.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. SY7D.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 Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.DE). The values are adjusted to include any dividend payments, if applicable.

UIQ4.DE vs. SY7D.DE - Yearly Performance Comparison

	2026 (YTD)	2025
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	-0.35%	6.38%
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	-3.26%	7.40%

Returns By Period

In the year-to-date period, UIQ4.DE achieves a -0.35% return, which is significantly higher than SY7D.DE's -3.26% return.

UIQ4.DE

• 1D: -0.47%
• 1M: 0.54%
• YTD: -0.35%
• 6M: 2.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SY7D.DE

• 1D: -0.72%
• 1M: -1.95%
• YTD: -3.26%
• 6M: 1.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UIQ4.DE vs. SY7D.DE - Expense Ratio Comparison

UIQ4.DE has a 0.21% expense ratio, which is lower than SY7D.DE's 0.45% expense ratio.

SY7D.DE

Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing

UIQ4.DE

UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc

Return for Risk

UIQ4.DE vs. SY7D.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 Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.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	SY7D.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	0.59	+0.43

Correlation

The correlation between UIQ4.DE and SY7D.DE is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

UIQ4.DE vs. SY7D.DE - Dividend Comparison

UIQ4.DE has not paid dividends to shareholders, while SY7D.DE's dividend yield for the trailing twelve months is around 9.16%.

	TTM	2025
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.00%	0.00%
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	9.16%	6.10%

Drawdowns

UIQ4.DE vs. SY7D.DE - Drawdown Comparison

The maximum UIQ4.DE drawdown since its inception was -3.90%, smaller than the maximum SY7D.DE drawdown of -9.48%. Use the drawdown chart below to compare losses from any high point for UIQ4.DE and SY7D.DE.

Drawdown Indicators

	UIQ4.DE	SY7D.DE	Difference
Max Drawdown Largest peak-to-trough decline	-3.90%	-9.48%	+5.58%
Current Drawdown Current decline from peak	-1.99%	-6.01%	+4.02%
Average Drawdown Average peak-to-trough decline	-0.88%	-1.25%	+0.37%

Volatility

Volatility by Period

	UIQ4.DE	SY7D.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.25%	11.14%	-3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.25%	11.14%	-3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.25%	11.14%	-3.89%