USUE.DE vs. AW10.DE
USUE.DE (UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc) and AW10.DE (UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc) are both exchange-traded funds - USUE.DE is a Large Cap Blend Equities fund tracking the MSCI USA Select Factor Mix, while AW10.DE is a Global Equities fund tracking the MSCI World Climate Paris Aligned. Both are passively managed. Over the past 5 years, USUE.DE returned 11.86%/yr vs 11.80%/yr for AW10.DE. Their correlation of 0.81 suggests significant overlap in exposure. USUE.DE charges 0.25%/yr vs 0.15%/yr for AW10.DE.
Performance
USUE.DE vs. AW10.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USUE.DE achieves a 17.59% return, which is significantly higher than AW10.DE's 10.08% return.
USUE.DE
- 1D
- 0.77%
- 1M
- 5.03%
- YTD
- 17.59%
- 6M
- 17.88%
- 1Y
- 27.09%
- 3Y*
- 17.63%
- 5Y*
- 11.86%
- 10Y*
- —
AW10.DE
- 1D
- 0.00%
- 1M
- 2.11%
- YTD
- 10.08%
- 6M
- 10.37%
- 1Y
- 21.89%
- 3Y*
- 18.11%
- 5Y*
- 11.80%
- 10Y*
- —
USUE.DE vs. AW10.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
USUE.DE UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc | 17.59% | 0.99% | 25.07% | 12.96% | -8.61% | 22.81% |
AW10.DE UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc | 10.08% | 9.11% | 25.31% | 21.54% | -17.22% | 4.79% |
Correlation
The correlation between USUE.DE and AW10.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021 | 0.81 |
Over the past year, the correlation between USUE.DE and AW10.DE has dropped to 0.58 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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
USUE.DE vs. AW10.DE — Risk / Return Rank
USUE.DE
AW10.DE
USUE.DE vs. AW10.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE) and UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USUE.DE | AW10.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.29 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 5.52 | 1.32 | +4.20 |
| Martin ratioReturn relative to average drawdown | 18.47 | 2.55 | +15.92 |
Loading charts...
Drawdowns
USUE.DE vs. AW10.DE - Drawdown Comparison
The maximum USUE.DE drawdown since its inception was -39.26%, which is greater than AW10.DE's maximum drawdown of -19.92%. Use the drawdown chart below to compare losses from any high point for USUE.DE and AW10.DE.
Loading charts...
Drawdown Indicators
| USUE.DE | AW10.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.26% | -19.92% | -19.34% |
Max Drawdown (1Y)Largest decline over 1 year | -4.89% | -16.56% | +11.67% |
Max Drawdown (3Y)Largest decline over 3 years | -20.79% | -17.58% | -3.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.79% | -19.92% | -0.87% |
Current DrawdownCurrent decline from peak | 0.00% | -3.56% | +3.56% |
Average DrawdownAverage peak-to-trough decline | -5.62% | -6.71% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 8.58% | -7.12% |
Volatility
USUE.DE vs. AW10.DE - Volatility Comparison
The current volatility for UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE) is 2.48%, while UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE) has a volatility of 3.47%. This indicates that USUE.DE experiences smaller price fluctuations and is considered to be less risky than AW10.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USUE.DE | AW10.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | 3.47% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 8.10% | 11.35% | -3.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.43% | 24.78% | -13.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 17.17% | -2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 17.96% | -1.05% |
USUE.DE vs. AW10.DE - Expense Ratio Comparison
USUE.DE has a 0.25% expense ratio, which is higher than AW10.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
USUE.DE vs. AW10.DE - Dividend Comparison
Neither USUE.DE nor AW10.DE has paid dividends to shareholders.
Frequently Asked Questions
USUE.DE and AW10.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW10.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW10.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for USUE.DE.
USUE.DE is categorized as Large Cap Blend Equities, while AW10.DE is Global Equities. USUE.DE tracks MSCI USA Select Factor Mix, while AW10.DE tracks MSCI World Climate Paris Aligned. Their fees differ too: 0.25% for USUE.DE and 0.15% for AW10.DE.
Find the right allocation for USUE.DE and AW10.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