One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
Description
UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis tracks the issuer-declared index: MSCI EMU SRI Low Carbon Select 5% Issuer Capped 100% hedged to CHF Total Return Net. The declared annual cost (TER) is 0.23%, plus 0.01% in transaction costs estimated by the issuer in the KID. The fund was launched on 24 November 2015 and is domiciled in Luxembourg.
The fund’s objective — in the issuer’s words(the issuer publishes the KID in Italian)
Il Fondo è gestito in modo passivo e assumerà un'esposizione proporzionale alle componenti del MSCI EMU SRI Low Carbon Select 5% Issuer Capped 100% hedged to CHF Index (Net Return) tramite investimenti diretti in tutti o quasi tutti i titoli che lo compongono e/o mediante l'uso di derivati, in particolare laddove non sia possibile o praticabile replicare l'indice attraverso investimenti diretti o al fine di generare efficienze nell'acquisizione dell'esposizione all'indice. L'indice è concepito per misurare l'andamento di società best-in-class in termini di responsabilità ambientale, sociale e di corporate governance («ESG») con sede in 10 mercati sviluppati dell'Unione economica e monetaria europea evitando al contempo le società con un impatto sociale o ambientale negativo. Questo approccio best-in-class esclude almeno il 20% dei titoli con merito di credito più basso rispetto all'universo dell'indice standard (per maggiori informazioni si rimanda alla descrizione dell'indice riportata nel prospetto informativo, che attualmente dispone l'esclusione del 75% delle società con merito di credito più basso). Il Fondo non beneficia dell'etichetta SRI francese. Il Fondo investirà il proprio patrimonio netto prevalentemente in azioni, valori mobiliari, strumenti del mercato monetario, quote di organismi di investimento collettivo, depositi presso istituti di credito, titoli strutturati quotati o negoziati su un mercato regolamentato e altre attività idonee ai sensi del prospetto informativo. Il comparto promuove caratteristiche ambientali e/o sociali ma non ha come obiettivo investimenti sostenibili. Il Fondo non effettuerà operazioni di prestito titoli. Il rendimento del fondo dipende principalmente dalla performance dell'indice replicato. Questa classe distribuisce i proventi netti al fine di replicare il parametro di riferimento MSCI EMU SRI Low Carbon Select 5% Issuer Capped 100% hedged to CHF Index (Net Return) nel modo più preciso possibile. Il rischio di cambio della valuta della classe di azioni è in larga misura coperto dalla valuta del fondo.
Keep reading the KID section ▾
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 e si rivolge agli investitori che hanno una preferenza per gli investimenti sostenibili, 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: +0.13% p.a., against a declared TER of 0.23%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.
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) · CHF · from Nov 2015 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+110.1%
Annualised
+7.1%
Volatility (ann.)
16.8%
Max drawdown
-36.88%
Note — currency risk: the fund is denominated (or hedged) in CHF and the chart is in CHF. For a euro investor, returns also depend on the EUR/CHF 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
-36.88%
peak → trough
Trough
18 Mar 2020
from the 19 Feb 2020 peak
Recovery time
356 days
recovery only: trough to break-even · ≈ 12 months
Underwater
384 days
decline + recovery: peak to break-even · ≈ 1 year and 1 month · → recovered on 09 Mar 2021
The five worst falls in the period
From the peak of
Trough
Depth
Back to break-even
Days underwater
19 Feb 2020
18 Mar 2020
-36.88%
09 Mar 2021
384
17 Nov 2021
29 Sept 2022
-26.66%
15 May 2024
910
30 Nov 2015
11 Feb 2016
-18.57%
02 Sept 2016
277
22 May 2018
27 Dec 2018
-16.19%
17 Apr 2019
330
18 Feb 2025
07 Apr 2025
-14.77%
16 May 2025
87
Calendar-year returns
2016
9.5%
2017
14.3%
2018
-8.7%
2019
30.1%
2020
-1.1%
2021
21.1%
2022
-16.3%
2023
10.8%
2024
10.4%
2025
11.1%
2026
6.6%
Month-by-month returns
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
Dec
Year
2026
-0.8
3.5
-10.2
7.8
5.8
2.6
-1.9
0.9
-0.2
6.6
2025
6.0
1.6
-3.7
0.5
5.0
-2.1
-0.7
-0.8
3.3
2.4
-1.6
1.0
11.1
2024
1.9
2.1
3.1
-2.2
3.9
-1.5
1.0
1.9
1.5
-3.5
0.5
1.5
10.4
2023
9.2
0.4
0.9
0.8
-3.6
3.0
1.8
-3.7
-5.0
-3.5
9.2
2.0
10.8
2022
-5.5
-6.3
1.4
-2.6
-1.9
-6.6
8.3
-6.1
-6.6
5.8
8.3
-3.9
-16.3
2021
-1.7
3.3
5.2
2.3
2.6
2.2
2.3
3.2
-4.0
3.4
-3.7
4.7
21.1
2020
-2.5
-8.0
-14.7
6.5
4.2
4.9
-2.3
3.2
-2.1
-6.5
17.8
2.0
-1.1
2019
5.5
4.3
1.8
5.3
-4.6
4.9
0.2
-1.1
5.0
1.9
2.8
1.0
30.1
2018
3.3
-4.0
-1.5
6.1
-0.6
-0.3
2.4
-1.7
0.4
-6.5
-0.3
-5.6
-8.7
2017
-1.7
2.7
6.1
2.9
1.4
-1.9
1.1
-0.5
4.2
3.3
-2.5
-1.1
14.3
2016
-3.5
-1.6
2.4
1.0
4.3
-4.4
4.3
2.0
0.4
0.4
-0.9
5.3
9.5
2015
-5.6
-2.7
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 9 of the last 9 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
+0.13% /anno
Declared TER
0.23%
Year
Fund
Index
Difference
2025
+11.12%
+11.01%
+0.11%
2024
+10.38%
+10.22%
+0.16%
2023
+10.81%
+10.69%
+0.12%
2022
-16.32%
-16.44%
+0.12%
2021
+21.11%
+20.43%
+0.68%
2020
-1.11%
-1.37%
+0.26%
2019
+30.14%
+30.00%
+0.15%
2018
-8.66%
-8.82%
+0.16%
2017
+14.29%
+14.20%
+0.09%
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
Last 3 years
Last 5 years
Last 10 years
Full history
Volatility (ann.)
14.71%
13.53%
15.62%
16.17%
16.51%
Max drawdown
-12.18%
-14.34%
-23.12%
-36.44%
-36.44%
Sharpe
0.40
0.47
0.22
0.39
0.36
Sortino
0.60
0.69
0.32
0.54
0.50
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.
Dividends
Latest dividend
0.3883 CHF
ex 13 Aug 2026 · paid 18 Aug 2026
Dividends, last 12 months
0.47 CHF
Dividend yield
2.00%
12-month sum over the NAV as of 8 Sept 2026
Yield by year
Period
Dividends
Dividend yield
1 year
0.47 CHF
2.17 %
2025
0.40 CHF
1.97 %
2024
0.35 CHF
1.83 %
2023
0.42 CHF
2.40 %
2022
0.46 CHF
2.16 %
2021
0.43 CHF
2.42 %
Dividend contribution to total return
dividendsprice changeprice decline
Calendar per share (CHF)
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
0.08
0.39
2025
0.05
0.35
2024
0.35
2023
0.07
0.35
2022
0.10
0.36
2021
0.11
0.32
2020
0.04
0.25
2019
0.38
0.42
2018
0.12
0.35
2017
0.03
0.26
2016
0.30
Latest dividends
Per share
Ex-dividend date
Payment
0.3883 CHF
13 Aug 2026
18 Aug 2026
0.0771 CHF
9 Feb 2026
12 Feb 2026
0.3474 CHF
28 Jul 2025
31 Jul 2025
0.0547 CHF
6 Feb 2025
12 Feb 2025
0.3454 CHF
7 Aug 2024
13 Aug 2024
0.35 CHF
8 Aug 2023
11 Aug 2023
0.0677 CHF
1 Feb 2023
6 Feb 2023
0.3627 CHF
1 Aug 2022
4 Aug 2022
Per-share dividends as declared by the issuer, in CHF, since the first payment (29 Jul 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.
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:
LU0629460675(class: EUR dis)
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
LU1280300853(class: hGBP dis)
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 Hamburg
T4Z0
20 Nov 2024
Tradegate Exchange
T4Z0
16 Sept 2025
+ 4 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 EMU Socially Responsible UCITS ETF hCHF dis track?
The issuer UBS declares the benchmark: MSCI EMU SRI Low Carbon Select 5% Issuer Capped 100% hedged to CHF Total Return Net.
How much does UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis cost?
The issuer-declared TER is 0.23% per year; the transaction costs estimated in the KID are 0.01%.
How is UBS MSCI EMU Socially Responsible UCITS ETF hCHF 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.
When was UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis launched?
The fund was launched on 24 November 2015: it has 10 years of history.
How does UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Physical (Full replicated)”).
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Yes”).
Where does UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis trade?
Per the official ESMA register it trades on 2 main exchanges, including Börse Hamburg (T4Z0), Tradegate Exchange (T4Z0).
What was UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis's worst fall?
Over the available history (since 2015), the maximum drawdown was -36.88%, reached in March 2020. Past performance is not indicative of future results.
What is UBS MSCI EMU Socially Responsible UCITS ETF hCHF dis's tracking difference?
Over the last 3 complete calendar years the fund returned on average +0.13% 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.