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UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR disIndex, costs, backtest, listings and taxation

ISIN: LU2099992187Issuer: UBSCurrency hedging: EUR-hedged share class
Issuer-declared data
Declared index
Bloomberg MSCI Global Liquid Corporates Sustainable hedged to EUR Index
TER
0.16%
Transaction costs
0.05% (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
9.5 mln EUR
NAV
8.93 EUR
Domicile
Luxembourg
Inception date
4 August 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.
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Description

UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis tracks the issuer-declared index: Bloomberg MSCI Global Liquid Corporates Sustainable hedged to EUR Index. The declared annual cost (TER) is 0.16%, plus 0.05% 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 9 million euro, was launched on 4 August 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 MSCI Global Liquid Corporates Sustainable Bond 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 Fund invests at least 90% of its total net assets in securities that are constituents of the Index and the index provider applies ESG Ratings on all of the index constituents. The Index is eliminating at least 20% of the least well-rated securities as against the standard index universe. It is, therefore, expected that the Fund's resulting ESG rating will be higher than the ESG rating of a Fund tracking a standard index. 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. This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. The Fund will not enter into any securities lending. 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 Bloomberg MSCI Global Liquid Corporates Sustainable Bond Index (Total 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 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 BBG MSCI Global Liquid Corp Sustainable 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.

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 Aug 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
-0.4%
Annualised
-0.4%
Volatility (ann.)
3.4%
Max drawdown
-2.92%
-4%-1%+1%+3%+5%Aug 2025Nov 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%)0%Aug 2025Sept 2026
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.
0%-1%-2%-3%-4%20252026−2.92% · 27 Mar 2026
Max drawdown
-2.92%
peak → trough
Trough
27 Mar 2026
from the 27 Feb 2026 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
189 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 2026-2.92%ongoing189
28 Oct 202514 Nov 2025-1.20%12 Feb 2026107
16 Sept 202525 Sept 2025-0.68%14 Oct 202528
13 Aug 202502 Sept 2025-0.58%04 Sept 202522
05 Aug 202508 Aug 2025-0.27%13 Aug 20258

Calendar-year returns

2025
1.2%
2026
-1.6%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.20.9-2.20.40.70.1-1.60.1-0.2-1.6
20251.10.30.3-0.31.2
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 — 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
0.16%
YearFundIndexDifference
2025+1.24%+1.32%-0.08%
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.)4.32%
Max drawdown-6.43%
Sharpe-1.61
Sortino-1.87
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: 2.20%), 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, the fund's currency; the table follows the currency selected in the chart.

Duration and maturities

Duration · modified duration
5.76years

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

Sectors

Banche/Finanziario
42.8%
Tecnologia
16.6%
Merci Non Cicliche & Servizi
11.2%
Merci Cicliche & Servizi
9.3%
Servizi di comunicazione
5.1%
Assicurazioni
4.2%
Beni strumentali
2.2%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgium: 0.7%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanada: 3.4%SwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 6%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 3.4%EstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 8%GabonUnited Kingdom: 3.7%GeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItaly: 1.6%JamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 2.8%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
42.8 Stati Uniti67.6%
France8%
Germany6%
United Kingdom3.7%
Canada3.4%
Spain3.4%
Netherlands2.8%
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
0.2123 EUR
ex 13 Aug 2026 · paid 18 Aug 2026
Dividends since first payment (7 months)
0.38 EUR
less than 12 months of history: not a full year, not comparable

Yield by year

PeriodDividendsDividend yield
1 year0.38 EUR4.06 %

Dividend contribution to total return

-10%0%10%−0.67 %1 year
dividendsprice changeprice decline

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.170.21

Latest dividends

Per shareEx-dividend datePayment
0.2123 EUR13 Aug 202618 Aug 2026
0.1677 EUR9 Feb 202612 Feb 2026
Per-share dividends as declared by the issuer, in EUR, since the first payment (9 Feb 2026). 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.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Börse DüsseldorfCHST6 Aug 2025
Börse FrankfurtCHST6 Aug 2025
Börse HamburgCHST2 Dec 2025
Börse HannoverCHST13 Nov 2025
Börse München / gettexCHST6 Aug 2025
Börse StuttgartCHST21 Aug 2025
Tradegate ExchangeCHST14 Aug 2025
Xetra (Deutsche Börse)CHST6 Aug 2025
+ 6 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 BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis track?
The issuer UBS declares the benchmark: Bloomberg MSCI Global Liquid Corporates Sustainable hedged to EUR Index.
How much does UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis cost?
The issuer-declared TER is 0.16% per year; the transaction costs estimated in the KID are 0.05%.
How is UBS BBG MSCI Global Liquid Corp Sustainable 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 BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis?
The fund size declared by UBS is about 9 million euro.
When was UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis launched?
The fund was launched on 4 August 2025: it has 1 year of history.
How does UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis 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 BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Sì”).
Where does UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (CHST), Börse Frankfurt (CHST), Börse Hamburg (CHST), Börse Hannover (CHST), Börse München / gettex (CHST), Börse Stuttgart (CHST).
What was UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF hEUR dis's worst fall?
Over the available history (since 2025), the maximum drawdown was -6.43%, reached in September 2026. Past performance is not indicative of future results.
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.