UIQN.DE vs. EXS2.DE
UIQN.DE (UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds - UIQN.DE tracks the MSCI EMU Select Factor Mix while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 5 years, UIQN.DE returned 9.53%/yr vs 3.72%/yr for EXS2.DE. A 0.77 correlation means they provide meaningful diversification when combined. UIQN.DE charges 0.34%/yr vs 0.51%/yr for EXS2.DE.
Performance
UIQN.DE vs. EXS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UIQN.DE achieves a 7.72% return, which is significantly lower than EXS2.DE's 15.70% return.
UIQN.DE
- 1D
- 0.22%
- 1M
- 0.35%
- YTD
- 7.72%
- 6M
- 10.25%
- 1Y
- 13.50%
- 3Y*
- 15.10%
- 5Y*
- 9.53%
- 10Y*
- —
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.24%
- YTD
- 15.70%
- 6M
- 16.12%
- 1Y
- 5.55%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
UIQN.DE vs. EXS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UIQN.DE UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc | 7.72% | 23.72% | 7.69% | 17.74% | -13.01% | 21.24% | 0.20% | 27.52% | -13.41% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -10.73% |
Correlation
The correlation between UIQN.DE and EXS2.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2018 | 0.77 |
The correlation between UIQN.DE and EXS2.DE has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.
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Return for Risk
UIQN.DE vs. EXS2.DE — Risk / Return Rank
UIQN.DE
EXS2.DE
UIQN.DE vs. EXS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc (UIQN.DE) and iShares TecDAX UCITS ETF (DE) (EXS2.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.
| UIQN.DE | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.07 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 0.40 | +1.06 |
| Martin ratioReturn relative to average drawdown | 5.35 | 0.80 | +4.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UIQN.DE | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.36 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.20 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.14 | +0.41 |
Drawdowns
UIQN.DE vs. EXS2.DE - Drawdown Comparison
The maximum UIQN.DE drawdown since its inception was -37.48%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for UIQN.DE and EXS2.DE.
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Drawdown Indicators
| UIQN.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.48% | -84.49% | +47.01% |
Max Drawdown (1Y)Largest decline over 1 year | -9.45% | -16.12% | +6.67% |
Max Drawdown (3Y)Largest decline over 3 years | -13.66% | -17.93% | +4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -24.11% | -34.97% | +10.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.97% | — |
Current DrawdownCurrent decline from peak | -1.31% | -0.81% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -39.46% | +33.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 8.07% | -5.49% |
Volatility
UIQN.DE vs. EXS2.DE - Volatility Comparison
The current volatility for UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc (UIQN.DE) is 3.88%, while iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a volatility of 5.29%. This indicates that UIQN.DE experiences smaller price fluctuations and is considered to be less risky than EXS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UIQN.DE | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 5.29% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 14.25% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 17.83% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 18.80% | -4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.26% | 19.47% | -3.21% |
UIQN.DE vs. EXS2.DE - Expense Ratio Comparison
UIQN.DE has a 0.34% expense ratio, which is lower than EXS2.DE's 0.51% expense ratio.
Dividends
UIQN.DE vs. EXS2.DE - Dividend Comparison
Neither UIQN.DE nor EXS2.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
UIQN.DE UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc | 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
UIQN.DE and EXS2.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UIQN.DE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIQN.DE is cheaper with a 0.34% expense ratio, compared with 0.51% for EXS2.DE.
UIQN.DE tracks MSCI EMU Select Factor Mix, while EXS2.DE tracks TecDAX®. They also come from different issuers: UBS and iShares. Their fees differ too: 0.34% for UIQN.DE and 0.51% for EXS2.DE.
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