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ETF sheet · Issuer-declared data

UBS MSCI ACWI SF UCITS ETF hJPY accIndex, costs, backtest, listings and taxation

ISIN: IE00BD495N16Issuer: UBS
Issuer-declared data
Declared index
MSCI ACWI with Developed Markets 100% hedged to JPY Index
TER
0.21%
Transaction costs
0.21% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
NAV
2,843.76 JPY
Domicile
Ireland
Inception date
1 November 2016
Data as declared by UBS in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
Fund historyNot yet available: no data archived for this share class.Open the history →
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Description

UBS MSCI ACWI SF UCITS ETF hJPY acc tracks the issuer-declared index: MSCI ACWI with Developed Markets 100% hedged to JPY Index. The declared annual cost (TER) is 0.21%, plus 0.21% in transaction costs estimated by the issuer in the KID. The fund was launched on 1 November 2016 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The objective of the Fund is capital appreciation. The Fund tracks the daily performance of an equity index, called the MSCI ACWI Net Total Return Index (the 'Index'), less fees and costs and consequently is passively managed. The Fund invests in financial derivative instruments ('FDIs') with UBS AG, London Branch ('UBS') as counterparty. The Fund may also invest in securities (e.g. company shares and bonds issued by companies and governments). Under the terms of the FDIs, the performance of the Index is swapped from UBS to the Fund, and in return the performance of the securities is swapped from the Fund to UBS – consequently, the Fund's performance reflects the performance of the Index and is not impacted by the performance of the securities. The Index is a benchmark for share performance of companies around the world. It is well diversified and its components include large and mid capitalised companies in developed and emerging market countries around the world. More information on the Index is available at www.msci.com. As a result of fees and costs, the performance of the Fund on any day will always be less than the performance of the Index on that day. Sustainability risks are not systematically integrated as they are not considered as part of the Index selection process. The return of the fund depends mainly on the performance of the tracked index. The share class does not pay dividends. The exchange rate risk of the share class currency is to a large extent hedged against the currency of the fund.

Keep reading the KID section ▾

Intended retail investorThis fund applies to retail investors with a basic financial understanding, who can accept a possible loss on the investment amount. The fund is aimed at growing the investment value, while granting daily access to the capital under normal market conditions. With their investment in this fund, investors can satisfy medium term investment needs. The fund is suited to be acquired by the target client segments without any restriction of the distribution channel or platform. Depositary State Street Custodial Services (Ireland) Limited Further Information Information about UBS MSCI ACWI SF UCITS ETF and the available share classes, the full prospectus, and the latest annual and semi-annual reports, as well as additional information can be obtained free of charge from the fund management company, the central administrator, the custodian bank, the fund distributors or online at www.ubs.com/etf. Latest price can be found at www.ubs.com/etf

From the KID’s “Objectives” section · 2 September 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • Average tracking difference over the last 3 years: -0.09% p.a., against a declared TER of 0.21%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · JPY · from Nov 2021 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+46.6%
Annualised
+8.3%
Volatility (ann.)
13.5%
Max drawdown
-22.59%
-24%-5%+15%+34%+53%Nov 2021Feb 2023Apr 2024Jul 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+47%Nov 2021Sept 2026
Note — currency risk: the fund is denominated (or hedged) in JPY and the chart is in JPY. For a euro investor, returns also depend on the EUR/JPY exchange rate, up or down.
Currency-hedged share class: our figures are computed on the issuer’s NAV, where the hedge is applied at the daily fixing. Comparison sites using the exchange price may show returns and volatility that differ by 1–2 points: on hedged classes the price-vs-NAV gap is structurally wider and grows with the length of the window. Not a data error — a measurement convention. Details in the methodology.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-5%-10%-15%-20%-25%-30%20222023202420252026−22.59% · 12 Oct 2022
Max drawdown
-22.59%
peak → trough
Trough
12 Oct 2022
from the 04 Jan 2022 peak
Recovery time
491 days
recovery only: trough to break-even · ≈ 1 year and 4 months
Underwater
772 days
decline + recovery: peak to break-even · ≈ 2 years and 1 month · → recovered on 15 Feb 2024

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
04 Jan 202212 Oct 2022-22.59%15 Feb 2024772
18 Feb 202508 Apr 2025-17.04%27 Jun 2025129
16 Jul 202405 Aug 2024-9.93%09 Oct 202485
25 Feb 202630 Mar 2026-8.78%15 Apr 202649
28 Mar 202419 Apr 2024-4.77%10 May 202443

Calendar-year returns

2021
0.5%
2022
-17.4%
2023
16.8%
2024
15.5%
2025
16.5%
2026
12.3%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20262.11.4-6.69.05.4-0.2-0.62.4-0.512.3
20252.8-1.3-4.8-1.05.73.82.31.43.53.1-0.10.616.5
20241.14.63.0-2.93.32.40.11.01.5-1.03.5-1.715.5
20236.1-1.91.91.2-0.55.62.6-2.4-3.8-3.17.53.116.8
2022-4.6-2.73.2-6.5-0.3-7.56.6-2.8-8.76.25.4-5.5-17.4
20213.90.5
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: UBS. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 4 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.09% /anno
Declared TER
0.21%
YearFundIndexDifference
2025+16.47%+16.60%-0.12%
2024+15.55%+15.62%-0.07%
2023+16.79%+16.88%-0.09%
2022-17.36%-17.26%-0.10%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsFull history
Volatility (ann.)11.97%13.06%14.61%
Max drawdown-8.25%-18.56%-29.70%
Sharpe1.060.63-0.03
Sortino1.640.92-0.04
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Frequently asked questions

Which index does UBS MSCI ACWI SF UCITS ETF hJPY acc track?
The issuer UBS declares the benchmark: MSCI ACWI with Developed Markets 100% hedged to JPY Index.
How much does UBS MSCI ACWI SF UCITS ETF hJPY acc cost?
The issuer-declared TER is 0.21% per year; the transaction costs estimated in the KID are 0.21%.
When was UBS MSCI ACWI SF UCITS ETF hJPY acc launched?
The fund was launched on 1 November 2016: it has 9 years of history.
How does UBS MSCI ACWI SF UCITS ETF hJPY acc replicate its index?
It is a passively managed ETF: it follows the declared index. Synthetic (swap) (issuer wording: “Synthetic (Fully Funded + Total Return Swap)”).
Does UBS MSCI ACWI SF UCITS ETF hJPY acc pay dividends?
Issuer-declared income policy: “No”.
What was UBS MSCI ACWI SF UCITS ETF hJPY acc's worst fall?
Over the available history (since 2021), the maximum drawdown was -22.59%, reached in October 2022. Past performance is not indicative of future results.
What is UBS MSCI ACWI SF UCITS ETF hJPY acc's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.09% per year versus its index (from issuer-declared series).
Transparency note
The data in this sheet is declared by UBS in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.