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

ISIN: IE00BYM11H29Issuer: UBS
Issuer-declared data
TER
0.21%
Transaction costs
0.00% (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?
Fund assets
3.9 bn EUR
NAV
266.56 USD
Domicile
Ireland
Inception date
1 November 2018
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 ACWI SF UCITS ETF USD acc tracks the issuer-declared index: MSCI ACWI Total Return Net Index. The declared annual cost (TER) is 0.21%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is synthetic replication (fully funded + total return swap). The fund has assets of about 3.9 billion euro, was launched on 1 November 2018 and is domiciled in Ireland. In our registry it is the largest by assets among the 2 ETFs declaring the same index.

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.

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 · 5 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • Assets larger than 90% of equity ETFs we track.
  • Average tracking difference over the last 3 years: +0.03% 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 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 Nov 2018 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+165.1%
Annualised
+13.3%
Volatility (ann.)
15.7%
Max drawdown
-33.74%
-22%+28%+78%+127%+177%Nov 2018Oct 2020Oct 2022Sept 2024Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+165%Nov 2018Sept 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%20182020202220242026−33.74% · 23 Mar 2020
Max drawdown
-33.74%
peak → trough
Trough
23 Mar 2020
from the 12 Feb 2020 peak
Recovery time
154 days
recovery only: trough to break-even · ≈ 5 months
Underwater
194 days
decline + recovery: peak to break-even · ≈ 6 months · → recovered on 24 Aug 2020

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
12 Feb 202023 Mar 2020-33.74%24 Aug 2020194
04 Jan 202212 Oct 2022-26.38%25 Jan 2024751
18 Feb 202508 Apr 2025-16.07%02 Jun 2025104
07 Nov 201824 Dec 2018-12.32%15 Feb 2019100
25 Feb 202630 Mar 2026-9.29%15 Apr 202649

Calendar-year returns

2018
-6.6%
2019
26.5%
2020
16.2%
2021
18.5%
2022
-18.4%
2023
22.2%
2024
17.6%
2025
22.3%
2026
13.7%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20263.01.3-7.210.25.2-0.80.12.7-0.513.7
20253.4-0.6-3.90.95.74.51.42.53.62.2-0.01.022.3
20240.64.33.1-3.24.12.21.62.52.3-2.23.7-2.417.6
20237.2-2.93.11.4-1.15.83.7-2.8-4.1-3.09.24.822.2
2022-4.9-2.62.2-8.00.1-8.47.0-3.7-9.66.07.8-3.9-18.4
2021-0.52.32.74.41.51.30.72.5-4.15.1-2.44.018.5
2020-1.1-8.1-13.510.74.33.25.36.1-3.2-2.412.34.616.2
20197.92.71.33.4-5.96.50.3-2.42.12.72.43.526.5
2018-7.1-6.6
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 2 of the last 7 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
+0.03% /anno
Declared TER
0.21%
YearFundIndexDifference
2025+22.33%+22.34%-0.01%
2024+17.55%+17.49%+0.06%
2023+22.24%+22.20%+0.04%
2022-18.38%-18.36%-0.02%
2021+18.46%+18.54%-0.08%
2020+16.19%+16.25%-0.06%
2019+26.53%+26.61%-0.08%
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 yearsLast 5 yearsFull history
Volatility (ann.)10.49%12.48%13.98%15.77%
Max drawdown-6.92%-19.94%-19.94%-33.53%
Sharpe1.801.080.640.75
Sortino2.651.500.901.03
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: 2.20%), 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

Top-10 weight
24.2%

Top 10 holdings

NVIDIA
4.57%
APPLE
4.47%
MICROSOFT CORP
3.23%
AMAZON.COM
2.59%
ALPHABET A
2.04%
TAIWAN SEMICONDUCTOR MFG
1.82%
BROADCOM
1.73%
ALPHABET C
1.62%
META PLATFORMS A
1.20%
JPMORGAN CHASE & CO
0.93%

Sectors

Tecnologia dell'informazione
30.3%
Servizi Finanziari
17.2%
Industriali
10.9%
Beni di consumo
9.0%
Sanità
8.4%
Servizi di comunicazione
7.9%
Beni di consumo di base
4.8%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanada: 3%Switzerland: 2%ChileChina: 2.5%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 2.2%GabonUnited Kingdom: 3.2%GeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapan: 5.1%KazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 2.4%KosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 3.1%United Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 63.6%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States63.6%
Japan5.1%
United Kingdom3.2%
Taiwan3.1%
Canada3%
China2.5%
South Korea2.4%
Top 10 holdings and breakdowns as declared by UBS in the fund factsheet, data as of 31 July 2026. Percentages may not sum to 100 due to cash, derivatives and rounding. Synthetic replication: the issuer factsheet reports the exposure of the replicated index (not the basket of securities held as swap collateral), which is what is shown here.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Index tracked

MSCI ACWI Total Return Net Index
This fund belongs to the World and global equity family: compare all census ETFs in this family →

ETFs declaring the same index

FundTERIncomeFund size
UBSnot on Borsa Italiana
0.21%
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)ACWIA14 Nov 2018
Börse Hannover588011 Aug 2026
Börse München / gettex588028 Jul 2026
Tradegate Exchange588016 Sept 2025
+ 6 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 ACWI SF UCITS ETF USD acc track?
The issuer UBS declares the benchmark: MSCI ACWI Total Return Net Index.
How much does UBS MSCI ACWI SF UCITS ETF USD acc cost?
The issuer-declared TER is 0.21% per year; the transaction costs estimated in the KID are 0.00%.
What is the fund size of UBS MSCI ACWI SF UCITS ETF USD acc?
The fund size declared by UBS is about 3.9 billion euro.
When was UBS MSCI ACWI SF UCITS ETF USD acc launched?
The fund was launched on 1 November 2018: it has 7 years of history.
How does UBS MSCI ACWI SF UCITS ETF USD acc replicate its index?
It is a passively managed ETF: it follows the declared index. Synthetic (swap) (issuer wording: “Sintetica (Fully funded + Total Return Swap)”).
Does UBS MSCI ACWI SF UCITS ETF USD acc pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Non”).
Where does UBS MSCI ACWI SF UCITS ETF USD acc trade?
Per the official ESMA register it trades on 4 main exchanges, including Borsa Italiana (ETFplus) (ACWIA), Börse Hannover (5880), Börse München / gettex (5880), Tradegate Exchange (5880).
What was UBS MSCI ACWI SF UCITS ETF USD acc's worst fall?
Over the available history (since 2018), the maximum drawdown was -33.74%, reached in March 2020. Past performance is not indicative of future results.
What is UBS MSCI ACWI SF UCITS ETF USD acc's tracking difference?
Over the last 3 complete calendar years the fund returned on average +0.03% 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.