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

UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR accIndex, costs, backtest, listings and taxation

ISIN: LU1805389506Issuer: UBS
Issuer-declared data
Declared index
Bloomberg Euro Area Liquid Corporate Index (Total Return Net)
TER
0.06%
Transaction costs
0.03% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
3.7 mln EUR
NAV
9.62 EUR
Domicile
Luxembourg
Inception date
15 July 2025
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 Core BBG Euro Area Liquid Corp UCITS ETF EUR acc tracks the issuer-declared index: Bloomberg Euro Area Liquid Corporate Index (Total Return Net). The declared annual cost (TER) is 0.06%, plus 0.03% 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 4 million euro, was launched on 15 July 2025 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 Bloomberg Euro Area Liquid Corporates 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 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.

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 and addresses a preference for Sustainable Investing, 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 Core BBG Euro Area Liquid Corp 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 0.06%: below the median of bond ETFs we track (0.15%).
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) · EUR · from Jul 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+0.9%
Annualised
+0.8%
Volatility (ann.)
3.0%
Max drawdown
-2.93%
-3%-1%+1%+3%+6%Jul 2025Oct 2025Feb 2026May 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+1%Jul 2025Sept 2026
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%-1%-2%-3%-4%20252026−2.93% · 27 Mar 2026
Max drawdown
-2.93%
peak → trough
Trough
27 Mar 2026
from the 27 Feb 2026 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
193 days
decline + recovery: peak to break-even · ≈ 6 months · (ongoing)

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
27 Feb 202627 Mar 2026-2.93%ongoing193
29 Oct 202522 Dec 2025-0.88%26 Jan 202689
13 Aug 202502 Sept 2025-0.70%08 Sept 202526
23 Jul 202525 Jul 2025-0.44%05 Aug 202513
07 Aug 202512 Aug 2025-0.30%13 Aug 20256

Calendar-year returns

2025
1.1%
2026
-0.2%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.80.6-2.51.01.00.5-1.1-0.3-0.2-0.2
2025-0.10.50.8-0.3-0.21.1
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 — issuer-declared

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
0.06%
YearFundIndexDifference
2025+1.09%+1.08%+0.01%
Figures declared by the issuer in the SICAV’s audited annual report (net fund and index returns per calendar year, as of 31 December 2025), not computed by us. Partial years excluded. What is tracking difference? →

Risk indicators· EUR

Last year
Volatility (ann.)3.05%
Max drawdown-2.93%
Sharpe-0.65
Sortino-0.94
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.

Duration and maturities

Duration · modified duration
4.92years

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.

Portfolio holdings

Securities in portfolio
1,042
Top-10 weight
2.2%

Top 10 holdings

SANTAN 4 7/8 10/18/31
0.28%
SANTAN 3 1/4 04/02/29
0.26%
BNP 3.583 01/15/31
0.22%
ISPIM 5 1/8 08/29/31
0.22%
BNP 4 3/4 11/13/32
0.21%
BNP 4 1/8 09/26/32
0.21%
BNP 4.095 02/13/34
0.20%
INTNED 3 1/2 09/03/30
0.20%
BFCM 4 3/8 01/11/34
0.20%
SANTAN 3 3/4 01/09/34
0.20%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustria: 2.7%AzerbaijanBurundiBelgium: 3.6%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 23.8%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 11.8%EstoniaEthiopiaFinland: 2%FijiFalkland IslandsFrance: 31.3%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItaly: 8.7%JamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourg: 1.2%LatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 10.1%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
France31.3%
Germany23.8%
Spain11.8%
Netherlands10.1%
Italy8.7%
Belgium3.6%
Austria2.7%
⬇ Download the full portfolio — Excel, 1,042 rows
Full portfolio declared by UBS, as of 19 August 2026: this is the summary. 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 →

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 →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)EUC28 Jul 2025
Börse DüsseldorfCHSM6 Aug 2025
Börse FrankfurtCHSM6 Aug 2025
Börse HamburgCHSM2 Dec 2025
Börse HannoverCHSM17 Oct 2025
Börse München / gettexCHSM6 Aug 2025
Börse StuttgartCHSM21 Aug 2025
Tradegate ExchangeCHSM12 Aug 2025
Xetra (Deutsche Börse)CHSM6 Aug 2025
+ 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 Core BBG Euro Area Liquid Corp UCITS ETF EUR acc track?
The issuer UBS declares the benchmark: Bloomberg Euro Area Liquid Corporate Index (Total Return Net).
How much does UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc cost?
The issuer-declared TER is 0.06% per year; the transaction costs estimated in the KID are 0.03%.
How is UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc 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 Core BBG Euro Area Liquid Corp UCITS ETF EUR acc?
The fund size declared by UBS is about 4 million euro.
When was UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc launched?
The fund was launched on 15 July 2025: it has 1 year of history.
How does UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (mixed: optimised/sampled) (issuer wording: “Fisico + ottimizzato (azioni) / campione (obbligazioni)”).
Does UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Non”).
Where does UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (EUC), Börse Düsseldorf (CHSM), Börse Frankfurt (CHSM), Börse Hamburg (CHSM), Börse Hannover (CHSM), Börse München / gettex (CHSM).
What was UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc's worst fall?
Over the available history (since 2025), the maximum drawdown was -2.93%, reached in March 2026. Past performance is not indicative of future results.
How many securities does UBS Core BBG Euro Area Liquid Corp UCITS ETF EUR acc hold?
The declared portfolio holds 1,042 securities; the top 10 positions weigh 2.2%.
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.