← Search another ETF⎙ Printable sheet (PDF)
ETF sheet · Issuer-declared data
🇮🇹 Effective capital-gains rate: 26.00%details →

UBS MSCI World UCITS ETF USD disIndex, costs, backtest, listings and taxation

ISIN: LU0340285161Issuer: UBS
Issuer-declared data
TER
0.30%
Transaction costs
0.01% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
1.4 bn EUR
NAV
498.43 USD
Domicile
Luxembourg
Inception date
25 June 2008
Data as declared by UBS in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
📬 Follow the engine as we build it

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Description

UBS MSCI World UCITS ETF USD dis tracks the issuer-declared index: MSCI World Total Return Net. The declared annual cost (TER) is 0.30%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is full physical replication. The fund has assets of about 1.4 billion euro, was launched on 25 June 2008 and is domiciled in Luxembourg. In our registry 2 other ETFs declare the same index.

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 World Index (Net 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 subfund believes this to be appropriate considering the sub-fund's investment objective and the investment restrictions or other factors. 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 (Lux) Fund Solutions 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. The sub-fund may enter into securities lending transactions. 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. This class distributes its net income in order to maintain the maximum tracking accuracy of the MSCI World Index (Net 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 Bank International GmbH, Luxembourg Branch Further Information Information about UBS MSCI World 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

  • TER 0.30%: above the median of equity ETFs we track (0.22%).
  • Assets larger than 79% of equity ETFs we track.
  • Average tracking difference over the last 3 years: -0.25% p.a., against a declared TER of 0.30%.
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 Jun 2008 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+371.1%
Annualised
+8.9%
Volatility (ann.)
17.0%
Max drawdown
-50.91%
-52%+58%+168%+278%+388%Jun 2008Dec 2012Jul 2017Feb 2022Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+371%Jun 2008Sept 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%-20%-40%-60%-80%2008201120142017202020232026−50.91% · 09 Mar 2009
Max drawdown
-50.91%
peak → trough
Trough
09 Mar 2009
from the 25 Jun 2008 peak
Recovery time
710 days
recovery only: trough to break-even · ≈ 1 year and 11 months
Underwater
967 days
decline + recovery: peak to break-even · ≈ 2 years and 8 months · → recovered on 17 Feb 2011

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
25 Jun 200809 Mar 2009-50.91%17 Feb 2011967
12 Feb 202023 Mar 2020-34.06%24 Aug 2020194
04 Jan 202212 Oct 2022-26.23%27 Dec 2023722
02 May 201104 Oct 2011-22.12%18 Dec 2012596
26 Jan 201824 Dec 2018-18.52%01 Jul 2019521

Calendar-year returns

2016
7.2%
2017
22.2%
2018
-8.9%
2019
27.5%
2020
15.6%
2021
21.6%
2022
-18.3%
2023
23.6%
2024
18.4%
2025
20.8%
2026
13.8%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20262.20.7-6.49.64.5-0.70.52.60.713.8
20253.5-0.7-4.50.95.94.31.32.63.22.00.30.820.8
20241.24.23.2-3.74.52.01.72.61.8-2.04.6-2.618.4
20237.0-2.43.11.7-1.06.03.3-2.4-4.3-2.99.44.923.6
2022-5.3-2.62.7-8.30.1-8.77.9-4.2-9.37.26.9-4.3-18.3
2021-1.02.53.34.61.61.31.82.5-4.25.7-2.24.321.6
2020-0.7-8.5-13.310.94.82.64.86.7-3.5-3.112.84.215.6
20197.83.01.33.6-5.86.60.5-2.12.12.52.83.027.5
20185.3-4.2-2.31.20.6-0.13.11.20.5-7.41.1-7.6-8.9
20172.42.71.11.52.10.42.40.12.21.92.11.322.2
2016-6.0-0.86.81.60.6-1.14.20.10.5-2.01.42.47.2
2015-1.85.8-1.62.30.4-2.31.8-6.6-3.77.9-0.5-1.8-1.1
2014-3.75.00.21.02.01.8-1.62.2-2.70.62.0-1.64.8
20135.10.12.43.10.0-2.55.2-2.25.03.91.82.126.4
20125.04.81.3-1.1-8.65.11.32.52.7-0.71.21.915.6
20112.23.4-1.04.2-2.1-1.6-1.9-7.1-8.610.3-2.5-0.1-5.9
2010-4.21.46.2-0.0-9.6-3.58.1-3.89.33.7-2.27.311.2
2009-8.8-10.47.511.19.1-0.58.54.13.9-1.84.01.829.4
2008-2.3-1.6-11.6-18.9-6.33.2-34.6
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.
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 0 of the last 10 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.25% /anno
Declared TER
0.30%
YearFundIndexDifference
2025+20.83%+21.09%-0.27%
2024+18.39%+18.67%-0.28%
2023+23.57%+23.79%-0.21%
2022-18.30%-18.14%-0.16%
2021+21.61%+21.82%-0.21%
2020+15.63%+15.90%-0.27%
2019+27.48%+27.67%-0.19%
2018-8.92%-8.71%-0.20%
2017+22.20%+22.40%-0.20%
2016+7.23%+7.51%-0.28%
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.)11.01%13.31%15.10%16.03%17.10%
Max drawdown-6.82%-20.48%-20.48%-33.89%-40.15%
Sharpe1.590.960.560.650.53
Sortino2.321.330.790.900.74
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
27.5%

Top 10 holdings

NVIDIA Corp
5.18%
Apple Inc
5.07%
Alphabet Inc
4.16%
Microsoft Corp
3.66%
Amazon.com Inc
2.94%
Broadcom Inc
1.96%
Meta Platforms Inc
1.37%
JPMorgan Chase & Co
1.05%
Micron Technology Inc
1.04%
Eli Lilly & Co
1.03%

Sectors

Informatica
28.9%
Finanza
16.8%
Industriali
11.5%
Salute
9.2%
Beni di consumo
9.0%
Servizi di comunicazione
8.0%
Beni di prima necessita'
5.1%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustralia: 1.6%AustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanada: 3.4%Switzerland: 2.3%ChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 2.2%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 2.4%GabonUnited Kingdom: 3.6%GeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapan: 5.7%KazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 1.4%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 72%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States72%
Japan5.7%
United Kingdom3.6%
Canada3.4%
France2.4%
Switzerland2.3%
Germany2.2%
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.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
2.87 USD
ex 13 Aug 2026 · paid 18 Aug 2026
Dividends, last 12 months
4.58 USD
Dividend yield
0.91%
12-month sum over the NAV as of 3 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year4.58 USD1.10 %
20254.40 USD1.18 %
20244.16 USD1.31 %
20234.09 USD1.57 %
20223.82 USD1.18 %
20213.36 USD1.24 %

Dividend contribution to total return

-20%-10%0%10%20%30%+21.51 %1 year+20.70 %2025+18.22 %2024+23.42 %2023−18.20 %2022+21.46 %2021
dividendsprice changeprice decline

Calendar per share (USD)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20261.712.87
20251.702.71
20241.622.54
20231.622.47
20221.522.30
20211.332.03
20201.511.77
20191.422.31
20181.152.17
20171.501.94
20161.471.89
20151.291.95
20141.122.44
20131.061.69
20121.001.56
20110.801.50
20100.561.10
20091.360.99

Latest dividends

Per shareEx-dividend datePayment
2.87 USD13 Aug 202618 Aug 2026
1.7114 USD9 Feb 202612 Feb 2026
2.7051 USD28 Jul 202531 Jul 2025
1.6975 USD6 Feb 202512 Feb 2025
2.5432 USD7 Aug 202413 Aug 2024
1.6196 USD1 Feb 20247 Feb 2024
2.4683 USD8 Aug 202311 Aug 2023
1.6247 USD1 Feb 20236 Feb 2023
Per-share dividends as declared by the issuer, in USD, since the first payment (26 Jan 2009). Past dividends are not indicative of future ones.

Index tracked

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

ETFs declaring the same index

FundTERIncomeFund size
UBS
0.06%—10 mld EUR
UBSnot on Borsa Italiana
0.06%—1.9 mld EUR
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.

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:

LU0340285161(class: USD 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)WRDEUA4 Jun 2010
Börse Düsseldorf—17 Feb 2012
Börse Frankfurt—23 May 2011
Börse Hamburg—24 Sept 2008
Börse Hannover—9 Dec 2022
Börse München / gettex—22 Dec 2010
Börse Stuttgart—14 Apr 2010
Tradegate Exchange—16 Feb 2012
Xetra (Deutsche Börse)WRDEUA22 Aug 2008
+ 13 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 World UCITS ETF USD dis track?
The issuer UBS declares the benchmark: MSCI World Total Return Net.
How much does UBS MSCI World UCITS ETF USD dis cost?
The issuer-declared TER is 0.30% per year; the transaction costs estimated in the KID are 0.01%.
How is UBS MSCI World 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 MSCI World UCITS ETF USD dis?
The fund size declared by UBS is about 1.4 billion euro.
When was UBS MSCI World UCITS ETF USD dis launched?
The fund was launched on 25 June 2008: it has 18 years of history.
How does UBS MSCI World 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 MSCI World UCITS ETF USD dis pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Sì”).
Where does UBS MSCI World UCITS ETF USD dis trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (WRDEUA), Xetra (Deutsche Börse) (WRDEUA).
What was UBS MSCI World UCITS ETF USD dis's worst fall?
Over the available history (since 2008), the maximum drawdown was -51.69%, reached in March 2009. Past performance is not indicative of future results.
What is UBS MSCI World UCITS ETF USD dis's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.25% 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.