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UBS BBG USD EM Sovereign UCITS ETF hEUR acc tracks the issuer-declared index: Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index hedged to EUR. The declared annual cost (TER) is 0.28%, plus 0.06% in transaction costs estimated by the issuer in the KID. Replication is physical replication: optimised for equities, sampled for bonds. The fund has assets of about 277 million euro, was launched on 29 April 2016 and is domiciled in Luxembourg.
The Fund is passively managed and will take proportionate exposure on the components of the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index (Total Return) using a stratified approach (stratified sampling strategy) by investing in a representative sample of components of the index selected by the portfolio manager using a 'portfolio optimisation' technique. The proportionate exposure by the Fund to the component securities will be substantially achieved either through direct investment or through the use of derivatives or through a combination of both techniques. The Fund may further hold securities which are not comprised in its Index if the portfolio manager believes this to be appropriate considering the sub-fund's investment objective and the investment restrictions or other factors. The Fund will invest its net assets predominantly in bonds, 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 Fund will not enter into any securities lending. 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. Fund income is not paid out, but instead will be reinvested. 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 generating a substantial part of its yield through recurring income, while granting daily access to the capital under normal market conditions. With their investment in this fund, investors can satisfy short 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 BBG USD EM Sovereign 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
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 14 Sept 2021 | 21 Oct 2022 | -32.54% | ongoing | 1,820 |
| 21 Feb 2020 | 19 Mar 2020 | -21.95% | 15 Dec 2020 | 298 |
| 05 Jan 2018 | 27 Nov 2018 | -9.22% | 18 Jun 2019 | 529 |
| 08 Sept 2016 | 14 Nov 2016 | -6.37% | 03 May 2017 | 237 |
| 04 Jan 2021 | 08 Mar 2021 | -5.67% | 01 Sept 2021 | 240 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.4 | 1.2 | -3.8 | 2.7 | 0.9 | 0.7 | -1.4 | 0.7 | -0.2 | 1.2 | |||
| 2025 | 1.5 | 1.5 | -1.3 | -0.6 | 1.3 | 2.4 | 1.0 | 1.5 | 1.8 | 1.7 | 0.3 | 0.8 | 12.5 |
| 2024 | -0.9 | 0.8 | 2.3 | -2.1 | 1.6 | 0.3 | 1.9 | 1.9 | 2.0 | -1.7 | 1.2 | -1.4 | 5.9 |
| 2023 | 3.2 | -2.6 | 0.2 | 0.1 | -0.5 | 2.5 | 2.1 | -1.9 | -2.9 | -1.2 | 5.5 | 4.5 | 8.9 |
| 2022 | -3.0 | -7.0 | -1.0 | -6.4 | -0.5 | -7.6 | 2.2 | -0.7 | -7.3 | 0.3 | 8.2 | -0.3 | -21.6 |
| 2021 | -1.2 | -2.3 | -1.6 | 2.4 | 1.0 | 0.4 | 0.3 | 1.1 | -2.4 | -0.2 | -2.5 | 1.1 | -3.8 |
| 2020 | 1.2 | -1.3 | -15.0 | 1.7 | 6.6 | 3.4 | 3.4 | 0.7 | -1.9 | -0.2 | 4.0 | 1.9 | 2.8 |
| 2019 | 3.9 | 0.8 | 1.1 | 0.0 | 0.1 | 3.3 | 0.8 | -0.2 | -0.4 | -0.1 | -1.0 | 1.9 | 10.6 |
| 2018 | -0.1 | -2.1 | -0.0 | -1.6 | -1.2 | -1.5 | 2.4 | -2.0 | 1.1 | -2.3 | -0.7 | 1.2 | -6.8 |
| 2017 | 1.2 | 2.0 | 0.2 | 1.3 | 0.8 | -0.3 | 0.9 | 1.6 | -0.2 | 0.4 | 0.1 | 0.5 | 8.5 |
| 2016 | -0.1 | 3.0 | 2.0 | 1.6 | 0.3 | -1.2 | -4.3 | 1.3 | 2.4 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +12.45% | +12.71% | -0.25% |
| 2024 | +5.93% | +6.19% | -0.26% |
| 2023 | +8.89% | +9.32% | -0.43% |
| 2022 | -21.60% | -21.89% | +0.29% |
| 2021 | -3.84% | -3.28% | -0.56% |
| 2020 | +2.77% | +2.83% | -0.06% |
| 2019 | +10.62% | +10.80% | -0.18% |
| 2018 | -6.82% | -6.39% | -0.43% |
| 2017 | +8.51% | +8.48% | +0.02% |
| Last year | Last 3 years | Last 5 years | Last 10 years | Full history | |
|---|---|---|---|---|---|
| Volatility (ann.) | 4.08% | 5.06% | 6.71% | 6.62% | 6.54% |
| Max drawdown | -4.25% | -5.26% | -32.54% | -32.54% | -32.54% |
| Sharpe | 0.66 | 1.10 | -0.37 | -0.03 | 0.08 |
| Sortino | 1.00 | 1.63 | -0.50 | -0.04 | 0.10 |
Price sensitivity to rates: the longer, the more the fund moves. What is duration →
Source: factsheet UBS, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
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:
LU1324516480(class: hGBP dis)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.
| Exchange | Ticker | Trading since |
|---|---|---|
| Borsa Italiana (ETFplus) | SBEME | 12 May 2016 |
| Börse Düsseldorf | FRCK | 22 Nov 2017 |
| Börse Frankfurt | FRCK | 10 May 2016 |
| Börse Hamburg | FRCK | 14 Dec 2017 |
| Börse Hannover | FRCK | 9 Dec 2024 |
| Börse München / gettex | FRCK | 21 Feb 2019 |
| Börse Stuttgart | FRCK | 10 May 2016 |
| Tradegate Exchange | FRCK | 31 Oct 2019 |
| Xetra (Deutsche Börse) | FRCK | 10 May 2016 |