Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
8.4 mln EUR
NAV
32.08 EUR
Domicile
Ireland
Inception date
6 September 2017
Data as declared by UBS in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description
UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc tracks the issuer-declared index: MSCI USA Select Factor Mix 100% hedged to EUR (Net Return). The declared annual cost (TER) is 0.28%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is full physical replication. The fund has assets of about 8 million euro, was launched on 6 September 2017 and is domiciled in Ireland.
The fund’s objective — in the issuer’s words
The Fund is passively managed and seeks to track performance of the MSCI USA Select Factor Mix 100% hedged to EUR Index (Net Return) (the 'Index'). The Index is an alternatively weighted Index, being an Index whose constituents are weighted according to specific factors other than the size of the underlying constituent (measured by the market capitalization), that is based on its parent Index the MSCI USA IMI Index and captures large-, mid- and small-cap representation across the US equity markets. The parent Index the MSCI USA IMI Index is constructed using a combination of six factor indices and is designed to represent the performance of long-term risk factors such as (1) momentum, (2) value, (3) quality, (4) shareholder yield, (5) volatility and (6) size. The Fund uses a sampling strategy investing in a representative sample of constituent stocks of the Index selected by the investment manager using quantitative analytical models in a technique known as 'portfolio optimization'. In seeking to implement its investment objective of tracking the performance of the Index, the Fund may also in exceptional circumstances hold securities which are not comprised in its Index, including, for example, securities in respect of which there has been an announcement or it is expected that they will shortly be included in the Index. The Fund may, for the purpose of reducing risk, reducing costs or generating additional capital or income, use derivative instruments. The use of derivative instruments may multiply the gains or losses made by the Fund on given investment or on its investments generally. Currency hedged share classes may also be available in the Fund. The Fund will not enter into any securities lending. 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. Fund income is not paid out, but instead will be reinvested. 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 USA Select Factor Mix 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
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) · EUR · from Sept 2017 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+142.4%
Annualised
+10.3%
Volatility (ann.)
18.0%
Max drawdown
-36.50%
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.
Max drawdown
-36.50%
peak → trough
Trough
23 Mar 2020
from the 14 Feb 2020 peak
Recovery time
231 days
recovery only: trough to break-even · ≈ 8 months
Underwater
269 days
decline + recovery: peak to break-even · ≈ 9 months · → recovered on 09 Nov 2020
The five worst falls in the period
From the peak of
Trough
Depth
Back to break-even
Days underwater
14 Feb 2020
23 Mar 2020
-36.50%
09 Nov 2020
269
04 Jan 2022
30 Sept 2022
-24.05%
29 Feb 2024
786
21 Sept 2018
24 Dec 2018
-20.22%
03 Jul 2019
285
29 Nov 2024
08 Apr 2025
-16.18%
13 Aug 2025
257
26 Jan 2018
08 Feb 2018
-9.91%
24 Aug 2018
210
Calendar-year returns
2017
9.2%
2018
-7.9%
2019
25.8%
2020
12.3%
2021
22.6%
2022
-16.1%
2023
13.1%
2024
16.3%
2025
10.5%
2026
14.0%
Month-by-month returns
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
Dec
Year
2026
2.8
2.6
-5.8
7.7
3.3
3.7
-1.8
1.5
-0.2
14.0
2025
3.8
-0.4
-3.7
-1.7
3.7
2.7
-0.4
3.0
2.1
-0.4
1.6
-0.1
10.5
2024
0.9
5.0
3.8
-4.9
3.8
0.7
3.5
2.4
1.5
-1.4
6.7
-6.0
16.3
2023
4.5
-3.0
0.1
1.1
-2.5
6.4
3.2
-1.9
-4.4
-2.8
7.2
5.4
13.1
2022
-5.9
-2.0
3.0
-8.0
0.3
-8.0
7.0
-3.4
-8.6
10.0
5.1
-4.8
-16.1
2021
-0.1
3.6
4.0
4.2
0.9
1.1
1.3
2.7
-4.7
6.0
-2.6
4.6
22.6
2020
-0.6
-8.9
-14.4
11.4
5.0
1.3
4.3
5.8
-2.9
-2.3
12.2
4.1
12.3
2019
7.8
3.7
0.8
3.5
-6.1
6.3
1.4
-2.2
1.7
1.4
3.4
2.1
25.8
2018
4.6
-3.7
-1.9
-0.5
2.2
0.3
3.1
3.4
0.1
-7.4
1.8
-9.3
-7.9
2017
2.2
3.3
0.5
9.2
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 3 of the last 8 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
+0.06% /anno
Declared TER
0.28%
Year
Fund
Index
Difference
2025
+10.53%
+10.52%
+0.00%
2024
+16.26%
+16.22%
+0.04%
2023
+13.13%
+13.00%
+0.13%
2022
-16.10%
-16.19%
+0.09%
2021
+22.61%
+22.63%
-0.03%
2020
+12.30%
+12.36%
-0.06%
2019
+25.84%
+25.89%
-0.05%
2018
-7.92%
-7.82%
-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 year
Last 3 years
Last 5 years
Full history
Volatility (ann.)
11.38%
13.12%
15.41%
18.03%
Max drawdown
-8.08%
-16.18%
-24.05%
-36.50%
Sharpe
1.29
0.96
0.40
0.57
Sortino
1.92
1.41
0.56
0.79
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, the fund's currency; the table follows the currency selected in the chart.
+ 4 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.
Frequently asked questions
Which index does UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc track?
The issuer UBS declares the benchmark: MSCI USA Select Factor Mix 100% hedged to EUR (Net Return).
How much does UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc cost?
The issuer-declared TER is 0.28% per year; the transaction costs estimated in the KID are 0.00%.
How is UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc?
The fund size declared by UBS is about 8 million euro.
When was UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc launched?
The fund was launched on 6 September 2017: it has 9 years of history.
How does UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (full replication) (issuer wording: “Fisica (Replica completa)”).
Does UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Non”).
What was UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc's worst fall?
Over the available history (since 2017), the maximum drawdown was -36.50%, reached in March 2020. Past performance is not indicative of future results.
What is UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc's tracking difference?
Over the last 3 complete calendar years the fund returned on average +0.06% per year versus its index (from issuer-declared series).
How many securities does UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc hold?
The declared portfolio holds 1,970 securities; the top 10 positions weigh 12.8%.
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.