USUE.DE vs. DYNF

Last updated Jun 5, 2026

USUE.DE (UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc) and DYNF (BlackRock U.S. Equity Factor Rotation ETF) are both exchange-traded funds - USUE.DE is a Large Cap Blend Equities fund tracking the MSCI USA Select Factor Mix, while DYNF is a Large Cap Growth Equities fund actively managed by BlackRock. USUE.DE is passively managed, while DYNF is actively managed. Over the past 5 years, USUE.DE returned 11.49%/yr vs 16.18%/yr for DYNF. A 0.53 correlation means they provide meaningful diversification when combined. USUE.DE charges 0.25%/yr vs 0.30%/yr for DYNF.

Performance

USUE.DE vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE) and BlackRock U.S. Equity Factor Rotation ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

USUE.DE is traded in EUR, while DYNF is traded in USD. To make them comparable, the DYNF values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with USUE.DE having a 13.01% return and DYNF slightly higher at 13.20%.

USUE.DE

• 1D: 0.29%
• 1M: 4.91%
• YTD: 13.01%
• 6M: 13.36%
• 1Y: 21.52%
• 3Y*: 15.86%
• 5Y*: 11.49%
• 10Y*: —

DYNF

• 1D: 0.20%
• 1M: 5.89%
• YTD: 13.20%
• 6M: 12.15%
• 1Y: 28.56%
• 3Y*: 23.10%
• 5Y*: 16.18%
• 10Y*: —

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

USUE.DE vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
USUE.DE UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc	13.01%	1.00%	25.07%	12.96%	-8.63%	35.62%	-1.09%
DYNF BlackRock U.S. Equity Factor Rotation ETF	13.20%	5.76%	38.89%	32.16%	-15.33%	31.25%	-0.85%

Correlation

The correlation between USUE.DE and DYNF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Feb 10, 2020	0.53

The correlation between USUE.DE and DYNF has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.

Return for Risk

USUE.DE vs. DYNF — Risk / Return Rank

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

USUE.DE

USUE.DE Risk / Return Rank: 66
USUE.DE Sharpe Ratio Rank: 57
USUE.DE Sortino Ratio Rank: 58
USUE.DE Omega Ratio Rank: 55
USUE.DE Calmar Ratio Rank: 83
USUE.DE Martin Ratio Rank: 76

DYNF

DYNF Risk / Return Rank: 77
DYNF Sharpe Ratio Rank: 78
DYNF Sortino Ratio Rank: 76
DYNF Omega Ratio Rank: 75
DYNF Calmar Ratio Rank: 72
DYNF Martin Ratio Rank: 84

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.

USUE.DE vs. DYNF - 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 BlackRock U.S. Equity Factor Rotation ETF (DYNF). 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.

	USUE.DE	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	1.89	2.24	-0.35
Sortino ratio: Return per unit of downside risk	2.73	2.90	-0.17
Omega ratio: Gain probability vs. loss probability	1.33	1.40	-0.07
Calmar ratio: Return relative to maximum drawdown	4.41	4.27	+0.13
Martin ratio: Return relative to average drawdown	14.20	16.33	-2.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USUE.DE vs. DYNF - Sharpe Ratio Comparison

The current USUE.DE Sharpe Ratio is 1.89, which is comparable to the DYNF Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of USUE.DE and DYNF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	USUE.DE	DYNF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.24	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.94	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.80	-0.15

Drawdowns

USUE.DE vs. DYNF - Drawdown Comparison

The maximum USUE.DE drawdown since its inception was -35.36%, roughly equal to the maximum DYNF drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for USUE.DE and DYNF.

Drawdown Indicators

	USUE.DE	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-35.36%	-34.22%	-1.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-6.71%	+1.85%
Max Drawdown (3Y) Largest decline over 3 years	-20.79%	-24.08%	+3.29%
Max Drawdown (5Y) Largest decline over 5 years	-20.79%	-24.08%	+3.29%
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	-5.53%	-5.82%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	1.75%	-0.24%

Volatility

USUE.DE vs. DYNF - Volatility Comparison

UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE) has a higher volatility of 2.84% compared to BlackRock U.S. Equity Factor Rotation ETF (DYNF) at 2.66%. This indicates that USUE.DE's price experiences larger fluctuations and is considered to be riskier than DYNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USUE.DE	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.66%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	7.98%	9.02%	-1.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.34%	12.84%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.42%	17.39%	-2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.33%	20.14%	-2.81%

USUE.DE vs. DYNF - Expense Ratio Comparison

USUE.DE has a 0.25% expense ratio, which is lower than DYNF's 0.30% expense ratio.

Dividends

USUE.DE vs. DYNF - Dividend Comparison

USUE.DE has not paid dividends to shareholders, while DYNF's dividend yield for the trailing twelve months is around 0.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DYNF BlackRock U.S. Equity Factor Rotation ETF	0.88%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%
USUE.DE UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USUE.DE and DYNF in my portfolio?

USUE.DE and DYNF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USUE.DE or DYNF?

On fees, USUE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USUE.DE or DYNF?

USUE.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for DYNF.

What is the main difference between USUE.DE and DYNF?

USUE.DE is categorized as Large Cap Blend Equities, while DYNF is Large Cap Growth Equities. They also come from different issuers: UBS and BlackRock. Their fees differ too: 0.25% for USUE.DE and 0.30% for DYNF.