Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
8 mln EUR
NAV
3.12 EUR
Domicile
Luxembourg
Inception date
15 November 2023
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 United Kingdom UCITS ETF hEUR dis tracks the issuer-declared index: MSCI United Kingdom 100% hedged to EUR Total Return Net. The declared annual cost (TER) is 0.23%, plus 0.02% 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 15 November 2023 and is domiciled in Luxembourg.
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 United Kingdom 100% hedged to EUR 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 sub-fund 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 United Kingdom 100% hedged to EUR Index (Net Return). 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 Bank International GmbH, Luxembourg Branch Further Information Information about UBS MSCI United Kingdom 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
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 Nov 2023 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+51.3%
Annualised
+15.8%
Volatility (ann.)
11.1%
Max drawdown
-12.63%
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
-12.63%
peak → trough
Trough
09 Apr 2025
from the 03 Mar 2025 peak
Recovery time
58 days
recovery only: trough to break-even
Underwater
95 days
decline + recovery: peak to break-even · ≈ 3 months · → recovered on 06 Jun 2025
The five worst falls in the period
From the peak of
Trough
Depth
Back to break-even
Days underwater
03 Mar 2025
09 Apr 2025
-12.63%
06 Jun 2025
95
27 Feb 2026
23 Mar 2026
-9.09%
28 Jul 2026
151
16 May 2024
05 Aug 2024
-4.91%
17 Jan 2025
246
12 Nov 2025
19 Nov 2025
-3.97%
30 Dec 2025
48
29 Dec 2023
17 Jan 2024
-3.56%
19 Feb 2024
52
Calendar-year returns
2023
3.6%
2024
7.7%
2025
22.9%
2026
10.4%
Month-by-month returns
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
Dec
Year
2026
2.9
7.0
-6.1
2.0
0.3
0.6
3.8
-0.1
0.0
10.4
2025
5.8
2.0
-1.9
-1.0
3.3
-0.4
4.2
1.3
1.4
4.0
0.4
2.0
22.9
2024
-1.4
0.6
4.5
2.7
1.7
-1.2
2.4
0.8
-1.9
-1.5
2.5
-1.5
7.7
2023
3.6
3.6
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.
Declared TER
0.23%
Year
Fund
Index
Difference
2025
+22.93%
+23.28%
-0.35%
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 year
Full history
Volatility (ann.)
11.64%
11.16%
Max drawdown
-9.09%
-12.63%
Sharpe
1.06
0.82
Sortino
1.53
1.14
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. 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.
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:
LU0937836467(class: GBP dis)
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
LU0950670850(class: GBP acc)
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
LU1169821292(class: hEUR acc)
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
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
Exchange
Ticker
Trading since
Börse Düsseldorf
CHSC
17 Nov 2023
Börse Frankfurt
CHSC
17 Nov 2023
Börse Hamburg
CHSC
2 Sept 2025
Börse Hannover
CHSC
9 Dec 2024
Börse München / gettex
CHSC
17 Nov 2023
Börse Stuttgart
CHSC
20 Mar 2025
Tradegate Exchange
CHSC
30 Nov 2023
Xetra (Deutsche Börse)
CHSC
17 Nov 2023
+ 7 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 United Kingdom UCITS ETF hEUR dis track?
The issuer UBS declares the benchmark: MSCI United Kingdom 100% hedged to EUR Total Return Net.
How much does UBS MSCI United Kingdom UCITS ETF hEUR dis cost?
The issuer-declared TER is 0.23% per year; the transaction costs estimated in the KID are 0.02%.
How is UBS MSCI United Kingdom UCITS ETF hEUR 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 United Kingdom UCITS ETF hEUR dis?
The fund size declared by UBS is about 8 million euro.
When was UBS MSCI United Kingdom UCITS ETF hEUR dis launched?
The fund was launched on 15 November 2023: it has 2 years of history.
How does UBS MSCI United Kingdom UCITS ETF hEUR 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 United Kingdom UCITS ETF hEUR dis pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Sì”).
Where does UBS MSCI United Kingdom UCITS ETF hEUR dis trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (CHSC), Börse Frankfurt (CHSC), Börse Hamburg (CHSC), Börse Hannover (CHSC), Börse München / gettex (CHSC), Börse Stuttgart (CHSC).
What was UBS MSCI United Kingdom UCITS ETF hEUR dis's worst fall?
Over the available history (since 2023), the maximum drawdown was -12.63%, reached in April 2025. Past performance is not indicative of future results.
How many securities does UBS MSCI United Kingdom UCITS ETF hEUR dis hold?
The declared portfolio holds 62 securities; the top 10 positions weigh 51.4%.
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.