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UBS Factor MSCI USA Quality Screened UCITS ETF USD disIndex, costs, backtest, listings and taxation

ISIN: IE00BX7RRJ27Issuer: UBS
Issuer-declared data
Declared index
MSCI USA Quality Advanced Target Select Index (Net Total Return)
TER
0.25%
Transaction costs
0.00% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
891.9 mln EUR
NAV
71.28 USD
Domicile
Ireland
Inception date
26 August 2015
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 Factor MSCI USA Quality Screened UCITS ETF USD dis tracks the issuer-declared index: MSCI USA Quality Advanced Target Select Index (Net Total Return). The declared annual cost (TER) is 0.25%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is full physical replication. The fund has assets of about 892 million euro, was launched on 26 August 2015 and is domiciled in Ireland.

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

The Fund is passively managed and will take proportionate exposure on the components of the MSCI USA Quality Advanced Target Select Index (Net Total Return) either through direct investments in all or substantially all of the component securities and/or through the use of derivatives in particular where it may not be possible or practicable to replicate the index through direct investments or in order to generate efficiencies in gaining exposure to the index. There may also be instances where a sub-fund holds securities which are not comprised in its index if the portfolio manager of respective sub-fund believes this to be appropriate considering the sub-fund's investment objective and the investment restrictions or other factors. The sub-fund invests at least 90% of its total net assets in securities that are constituents of the index and the index provider applies ESG Ratings on all of its constituents. At least 90% of the securities in the sub-und, excluding cash, money market funds and derivatives have an ESG rating. The Weighted average carbon intensity (Scope 1+2) indicator of the sub-fund will be at least 20% lower than the same indicator of the parent index. Exposure to the index through direct replication may be affected by rebalancing costs, while exposure to the index through derivatives may be affected by derivative trading costs. The use of OTC derivatives further engenders counterparty risk which is however mitigated by UBS (Irl) ETF plc collateral policy. The sub-fund will invest its net assets predominantly in shares, transferable securities, money market instruments, units of undertakings for collective investment, deposits with credit institutions, structured notes listed or dealt in on a regulated market and other assets eligible under the prospectus. This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. The sub-fund will not enter into securities lending transactions. The return of the fund depends mainly on the performance of the tracked index. This class distributes its net income in order to maintain the maximum tracking accuracy of the MSCI USA Quality Advanced Target Select Index (Net Total Return).

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 Factor MSCI USA Quality ESG UCITS ETF and the available share classes, the full prospectus, and the latest annual and semiannual 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 · 5 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.25%: above the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: -0.10% p.a., against a declared TER of 0.25%.
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 versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
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) · USD · from Aug 2015 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+409.9%
Annualised
+15.9%
Volatility (ann.)
18.7%
Max drawdown
-30.79%
-5%+106%+218%+329%+441%Aug 2015Jun 2018Mar 2021Dec 2023Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+410%Aug 2015Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
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%-10%-20%-30%-40%-50%201520172019202120232025−30.79% · 23 Mar 2020
Max drawdown
-30.79%
peak → trough
Trough
23 Mar 2020
from the 19 Feb 2020 peak
Recovery time
119 days
recovery only: trough to break-even · ≈ 4 months
Underwater
152 days
decline + recovery: peak to break-even · ≈ 5 months · → recovered on 20 Jul 2020

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
19 Feb 202023 Mar 2020-30.79%20 Jul 2020152
29 Dec 202112 Oct 2022-30.57%11 Dec 2023712
04 Dec 202408 Apr 2025-21.20%03 Jul 2025211
01 Oct 201824 Dec 2018-19.63%21 Mar 2019171
04 Nov 201511 Feb 2016-11.78%13 Apr 2016161

Calendar-year returns

2016
7.4%
2017
25.3%
2018
-3.1%
2019
38.4%
2020
22.3%
2021
27.0%
2022
-23.0%
2023
35.4%
2024
20.7%
2025
17.5%
2026
13.8%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20261.3-0.9-6.410.95.72.1-0.33.1-1.613.8
20251.6-1.3-6.70.56.24.02.41.24.23.60.01.017.5
20242.46.22.0-4.96.04.50.12.51.2-1.94.9-3.420.7
20235.6-2.06.62.03.16.13.9-0.6-6.0-1.910.15.035.4
2022-7.5-5.23.8-8.9-0.5-7.68.7-5.9-9.67.17.6-5.3-23.0
2021-2.52.34.04.60.94.83.53.1-6.46.9-0.13.927.0
20200.6-7.5-8.711.75.91.14.68.0-2.9-3.910.83.322.3
20198.04.73.24.5-6.86.92.6-1.51.33.04.33.638.4
20185.9-2.5-2.0-1.53.50.53.64.10.7-7.11.1-8.3-3.1
20171.74.70.71.72.0-1.01.51.02.14.23.31.025.3
2016-4.7-0.16.2-1.41.3-0.74.70.00.5-2.02.31.47.4
2015-0.89.20.2-1.38.1
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.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
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 1 of the last 9 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.10% /anno
Declared TER
0.25%
YearFundIndexDifference
2025+17.46%+17.59%-0.12%
2024+20.69%+20.80%-0.11%
2023+35.43%+35.50%-0.07%
2022-23.01%-22.98%-0.04%
2021+27.03%+27.14%-0.11%
2020+22.29%+22.32%-0.03%
2019+38.41%+38.44%-0.04%
2018-3.13%-3.12%-0.01%
2017+25.33%+25.32%+0.01%
Fund return with dividends reinvested by Rebalix on each ex-date (the issuer does not publish a total-return series); index from the issuer-declared series; complete calendar years covered by our dividend archive. 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 yearsLast 5 yearsLast 10 yearsFull history
Volatility (ann.)14.41%17.53%19.91%20.17%19.94%
Max drawdown-10.03%-24.65%-24.65%-30.68%-30.68%
Sharpe1.440.790.530.740.74
Sortino2.161.140.761.061.07
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.

Portfolio holdings

Securities in portfolio
100
Top-10 weight
45.7%

Top 10 holdings

NVIDIA CORP
9.14%
APPLE INC
8.73%
MICROSOFT CORP
7.11%
ELI LILLY & CO
3.80%
MERCK & CO. INC.
3.00%
VISA INC-CLASS A SHARES
2.94%
APPLIED MATERIALS INC
2.82%
MASTERCARD INC - A
2.80%
ARISTA NETWORKS INC
2.71%
LAM RESEARCH CORP
2.63%

Sectors

Informatica
50.2%
Industria
16.3%
Salute
14.3%
Finanza
8.9%
Beni di prima necessita'
3.5%
Beni di consumo
2.6%
Servizi di telecomunicazione
2.4%
Download the full portfolio — Excel, 100 rows
Full portfolio declared by UBS, as of 19 August 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.1656 USD
ex 13 Aug 2026 · paid 18 Aug 2026
Dividends, last 12 months
0.29 USD
Dividend yield
0.41%
12-month sum over the NAV as of 8 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year0.29 USD0.50 %
20250.27 USD0.52 %
20240.36 USD0.82 %
20230.37 USD1.12 %
20220.28 USD0.64 %
20210.34 USD1.00 %

Dividend contribution to total return

-30%-20%-10%0%10%20%30%40%+23.48 %1 year+17.40 %2025+20.58 %2024+35.24 %2023−22.94 %2022+26.85 %2021
dividendsprice changeprice decline

Calendar per share (USD)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.120.17
20250.110.16
20240.190.17
20230.170.20
20220.130.15
20210.170.17
20200.150.17
20190.080.14
20180.080.19
20170.130.06
20160.080.12

Latest dividends

Per shareEx-dividend datePayment
0.1656 USD13 Aug 202618 Aug 2026
0.1208 USD9 Feb 202612 Feb 2026
0.1613 USD28 Jul 202531 Jul 2025
0.1136 USD6 Feb 202512 Feb 2025
0.1684 USD7 Aug 202413 Aug 2024
0.1942 USD1 Feb 20247 Feb 2024
0.2003 USD8 Aug 202311 Aug 2023
0.1695 USD1 Feb 20236 Feb 2023
Per-share dividends as declared by the issuer, in USD, since the first payment (29 Jan 2016). Past dividends are not indicative of future ones.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BX7RRJ27(class: USD dis)
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
IE00BXDZNK39(class: hGBP dis)
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)UQLTD29 Sept 2015
Börse DüsseldorfUBUT26 Jan 2016
Börse FrankfurtUBUT22 Sept 2015
Börse HamburgUBUT1 Aug 2016
Börse HannoverUBUT9 Dec 2024
Börse München / gettexUBUT22 Feb 2019
Börse StuttgartUBUT22 Sept 2015
Euronext AmsterdamUBUT27 Jan 2016
Tradegate ExchangeUBUT28 Feb 2020
Xetra (Deutsche Börse)UBUT22 Sept 2015
+ 18 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 Factor MSCI USA Quality Screened UCITS ETF USD dis track?
The issuer UBS declares the benchmark: MSCI USA Quality Advanced Target Select Index (Net Total Return).
How much does UBS Factor MSCI USA Quality Screened UCITS ETF USD dis cost?
The issuer-declared TER is 0.25% per year; the transaction costs estimated in the KID are 0.00%.
How is UBS Factor MSCI USA Quality Screened UCITS ETF USD dis 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 Factor MSCI USA Quality Screened UCITS ETF USD dis?
The fund size declared by UBS is about 892 million euro.
When was UBS Factor MSCI USA Quality Screened UCITS ETF USD dis launched?
The fund was launched on 26 August 2015: it has 11 years of history.
How does UBS Factor MSCI USA Quality Screened UCITS ETF USD dis replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (full replication) (issuer wording: “Fisica (Replica completa)”).
Does UBS Factor MSCI USA Quality Screened UCITS ETF USD dis pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Sì”).
Where does UBS Factor MSCI USA Quality Screened UCITS ETF USD dis trade?
Per the official ESMA register it trades on 10 main exchanges, including Borsa Italiana (ETFplus) (UQLTD), Börse Düsseldorf (UBUT), Börse Frankfurt (UBUT), Börse Hamburg (UBUT), Börse Hannover (UBUT), Börse München / gettex (UBUT).
What was UBS Factor MSCI USA Quality Screened UCITS ETF USD dis's worst fall?
Over the available history (since 2015), the maximum drawdown was -31.08%, reached in October 2022. Past performance is not indicative of future results.
What is UBS Factor MSCI USA Quality Screened UCITS ETF USD dis's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.10% per year versus its index (from issuer-declared series).
How many securities does UBS Factor MSCI USA Quality Screened UCITS ETF USD dis hold?
The declared portfolio holds 100 securities; the top 10 positions weigh 45.7%.
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.