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ETF sheet · Issuer-declared data

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

ISIN: IE00BYM11J43Issuer: UBSCurrency hedging: USD-hedged share class

Issuer-declared data

Declared index

MSCI ACWI with Developed Markets 100% hedged to USD Index

TER

0.21%

Transaction costs

0.00% (issuer estimate, from the KID)

Management

Passive (index-tracking) (from the KID)

Replication

Synthetic (swap)

Income policy

Accumulating

SFDR

Article 6 — does not promote specific ESG characteristics what does it mean?

NAV

348.25 USD

Domicile

Ireland

Inception date

11 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.

Fund historyThe fund-assets (AUM) chart year by year, from declared data.Open the history →

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Description

UBS MSCI ACWI SF UCITS ETF hUSD acc tracks the issuer-declared index: MSCI ACWI with Developed Markets 100% hedged to USD Index. The declared annual cost (TER) is 0.21%, plus 0.00% in transaction costs estimated by the issuer in the KID. The fund was launched on 11 August 2015 and is domiciled in Ireland. In our registry 2 other ETFs declare the same index.

The fund’s objective — in the issuer’s words(the issuer publishes the KID in Italian)

L'obiettivo del Fondo è l'apprezzamento del capitale. Il Fondo replica la performance giornaliera di un indice azionario, denominato SCI ACWI Net Total Return Index (l'"Indice"), al netto delle commissioni e dei costi, di conseguenza è gestito passivamente.
Keep reading the KID section ▾
Il Fondo investe in strumenti finanziari derivati ("SFD") con UBS AG, Succursale di Londra ("UBS") quale controparte. Il Fondo può inoltre investire in titoli (ad esempio azioni societarie e obbligazioni emesse da società e governi). In base ai termini degli SFD, la performance dell'Indice viene scambiata da UBS a fronte della performance dei titoli, pertanto la performance del Fondo riflette la performance dell'Indice e non risente della performance dei titoli. L'Indice è un benchmark per la performance azionaria di società di tutto il mondo. È ben diversificato e tra le sue componenti figurano società a grande e media capitalizzazione in Paesi dei mercati sviluppati ed emergenti di tutto il mondo.
Ulteriori informazioni sull'Indice sono disponibili all'indirizzo www.msci.com. A causa delle commissioni e dei costi, la performance del Fondo in un qualsiasi giorno sarà sempre inferiore a quella dell'Indice in quel giorno. I rischi di sostenibilità non sono sistematicamente integrati in quanto non sono considerati parte del processo di selezione dell'Indice. Il rendimento del Fondo dipende principalmente dalla performance dell'Indice replicato. La classe di quote non versa dividendi. Il rischio di cambio della valuta della classe di azioni è in larga misura coperto dalla valuta del fondo.
Investitore al dettagliocui si intende commercializzare il prodotto Questo fondo è destinato a investitori retail con conoscenze di base in materia finanziaria, che sono in grado di sostenere una possibile perdita sull'importo investito. Il fondo mira a far crescere il valore dell'investimento, fornendo al contempo accesso giornaliero al capitale in condizioni di mercato normali. Mediante questo fondo, gli investitori possono soddisfare le loro necessità di investimento a medio termine. Questo fondo è indicato per essere acquistato dai segmenti di clientela target senza restrizioni a livello di canale o di piattaforma di distribuzione.

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: -0.07% 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 Italian, 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) · USD · from Aug 2015 to Sept 2026

Adjusted for inflationCompare with the index

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+249.5%

Annualised

+12.0%

Volatility (ann.)

14.2%

Max drawdown

-32.41%

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.

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

-32.41%

peak → trough

Trough

23 Mar 2020

from the 19 Feb 2020 peak

Recovery time

156 days

recovery only: trough to break-even · ≈ 5 months

Underwater

189 days

decline + recovery: peak to break-even · ≈ 6 months · → recovered on 26 Aug 2020

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
19 Feb 2020	23 Mar 2020	-32.41%	26 Aug 2020	189
04 Jan 2022	12 Oct 2022	-22.78%	13 Dec 2023	708
18 Feb 2025	08 Apr 2025	-16.56%	10 Jun 2025	112
26 Jan 2018	24 Dec 2018	-16.52%	12 Apr 2019	441
11 Aug 2015	11 Feb 2016	-16.18%	08 Aug 2016	363

Calendar-year returns

2016

9.1%

2017

20.5%

2018

-7.9%

2019

27.1%

2020

14.7%

2021

20.6%

2022

-16.0%

2023

22.6%

2024

20.3%

2025

20.3%

2026

15.2%

Month-by-month returns

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	2.5	1.5	-6.5	9.6	5.4	-0.2	-0.2	2.5	0.3				15.2
2025	3.3	-0.8	-4.4	-0.2	5.8	4.1	2.1	2.0	3.7	2.8	-0.0	0.8	20.3
2024	1.1	4.7	3.3	-2.8	3.8	2.5	1.2	1.9	2.1	-1.2	4.0	-1.7	20.3
2023	6.7	-2.1	2.6	1.4	-0.3	5.5	3.3	-2.2	-3.5	-2.7	8.4	4.2	22.6
2022	-4.6	-2.7	2.5	-6.7	-0.1	-7.6	7.0	-3.0	-8.6	6.0	6.7	-4.6	-16.0
2021	-0.3	2.4	3.4	3.9	1.2	2.0	0.6	2.7	-3.7	5.0	-1.8	3.8	20.6
2020	-0.8	-7.7	-13.0	10.4	4.3	2.9	4.1	5.8	-2.7	-2.4	11.7	4.0	14.7
2019	7.5	3.0	1.6	3.6	-5.8	6.0	0.9	-2.2	2.3	2.2	2.8	2.9	27.1
2018	4.3	-3.6	-2.3	1.7	0.7	-0.2	3.1	0.9	0.6	-6.9	1.5	-7.2	-7.9
2017	1.7	3.1	1.1	1.3	1.7	0.1	2.0	0.4	2.0	2.6	1.4	1.4	20.5
2016	-5.5	-1.4	6.1	0.8	1.2	-0.8	4.2	0.6	0.3	-0.5	1.7	2.5	9.1
2015									-3.5	7.8	0.2	-2.2	-4.4

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 10 calendar years: a past observation, not an indication of future outperformance.

Average TD (last 3 years)

-0.07% /anno

Declared TER

0.21%

Year	Fund	Index	Difference
2025	+20.34%	+20.46%	-0.12%
2024	+20.30%	+20.33%	-0.03%
2023	+22.60%	+22.66%	-0.06%
2022	-16.01%	-15.93%	-0.08%
2021	+20.59%	+20.72%	-0.13%
2020	+14.67%	+14.83%	-0.16%
2019	+27.11%	+27.27%	-0.16%
2018	-7.86%	-7.55%	-0.31%
2017	+20.51%	+21.04%	-0.53%
2016	+9.09%	+9.54%	-0.45%

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	Last 10 years	Full history
Volatility (ann.)	10.40%	12.69%	14.00%	14.97%	15.34%
Max drawdown	-6.20%	-20.44%	-20.44%	-32.30%	-32.30%
Sharpe	1.91	1.09	0.72	0.79	0.71
Sortino	2.81	1.51	1.02	1.09	0.97

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.

ETFs declaring the same index

Fund	TER	Income	Fund size
State Street® SPDR® MSCI All Country World USD Hdg UCITS ETF (Acc)compare ⇄ SPDRnot on Borsa Italiana	0.17%	Acc.	18 mld EUR
UBS MSCI ACWI SF UCITS ETF hUSD Ukdis compare ⇄ UBSnot on Borsa Italiana	0.21%	—	—

3 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

Exchange	Ticker	Trading since
Tradegate Exchange	UIQZ	16 Sept 2025

+ 2 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 hUSD acc track?

The issuer UBS declares the benchmark: MSCI ACWI with Developed Markets 100% hedged to USD Index.

How much does UBS MSCI ACWI SF UCITS ETF hUSD acc cost?

The issuer-declared TER is 0.21% per year; the transaction costs estimated in the KID are 0.00%.

When was UBS MSCI ACWI SF UCITS ETF hUSD acc launched?

The fund was launched on 11 August 2015: it has 11 years of history.

How does UBS MSCI ACWI SF UCITS ETF hUSD 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 hUSD acc pay dividends?

Issuer-declared income policy: “No”.

What was UBS MSCI ACWI SF UCITS ETF hUSD acc's worst fall?

Over the available history (since 2015), the maximum drawdown was -32.41%, reached in March 2020. Past performance is not indicative of future results.

What is UBS MSCI ACWI SF UCITS ETF hUSD acc's tracking difference?

Over the last 3 complete calendar years the fund returned on average -0.07% 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.