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ETF sheet · Issuer-declared data
Actively managed: it does not track an index — the declared benchmark is a yardstick for comparison
🇮🇹 Effective capital-gains rate: 26.00%details →

UBS EUR AAA CLO UCITS ETF hCHF accIndex, costs, backtest, listings and taxation

ISIN: LU3028243478Issuer: UBSCurrency hedging: CHF-hedged share class
Issuer-declared data
TER
0.28%
Transaction costs
0.02% (issuer estimate, from the KID)
Management
Active management (from the KID)
Replication
Others
Income policy
NAV
10.16 CHF
Domicile
Luxembourg
Inception date
1 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.
Fund historyNot yet available: no data archived for this share class.Open the history →
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Description

UBS EUR AAA CLO UCITS ETF hCHF acc is an actively managed ETF: it does not track an index. The declared annual cost (TER) is 0.28%, plus 0.02% in transaction costs estimated by the issuer in the KID. The fund was launched on 1 July 2025 and is domiciled in Luxembourg.

The fund’s objective — in the issuer’s words(the issuer publishes the KID in Italian)

Il comparto UBS EUR AAA CLO UCITS ETF mira a generare un rendimento totale per gli investitori dato dalla somma di apprezzamento del capitale e rendimento da interessi investendo almeno l'80% degli attivi in obbligazioni di prestito garantite (CLO) con rating AAA e fino al 20% degli attivi in CLO di qualità investment grade. Questo comparto è a gestione attiva e usa il J.P. Morgan European Collateralised Loan Obligation Index, sottoinsieme AAA (€-CLOIE AAA), come parametro di riferimento a fini di costruzione del portafoglio, confronto della performance e gestione del rischio, pur senza alcun vincolo rispetto a tale indice. La maggioranza dei titoli del comparto saranno componenti del parametro di riferimento. Il rendimento del fondo dipende principalmente dall'andamento dei tassi d'interesse, dal merito creditizio degli emittenti e dagli interessi attivi. Il rendimento può essere influenzato anche dalle fluttuazioni dei cambi in presenza di posizioni attive o non coperte. I proventi del Fondo non vengono versati, bensì reinvestiti. 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 adatto a investitori al dettaglio esperti di nozioni in campo finanziario che sono in grado di sopportare una possibile perdita sull'importo investito. Il fondo si prefigge di generare una porzione consistente del suo rendimento sotto forma di proventi ricorrenti e offre accesso al capitale su base giornaliera, in condizioni di mercato normali. Investendo in questo fondo, gli investitori possono soddisfare esigenze di investimento a medio termine. Il fondo può essere acquisito da investitori professionali, unicamente attraverso canali di distribuzione selezionati.

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

  • TER 0.28%: above 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 Italian, from the issuer’s site — always the latest filed version
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 Jul 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+1.6%
Annualised
+1.3%
Volatility (ann.)
0.4%
Max drawdown
-0.30%
-3%-1%+1%+3%+5%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%)+2%Jul 2025Sept 2026
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.
0%-1%-2%-3%-4%20252026−0.30% · 06 Mar 2026
Max drawdown
-0.30%
peak → trough
Trough
06 Mar 2026
from the 17 Feb 2026 peak
Recovery time
55 days
recovery only: trough to break-even
Underwater
72 days
decline + recovery: peak to break-even · ≈ 2 months · → recovered on 30 Apr 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
17 Feb 202606 Mar 2026-0.30%30 Apr 202672
14 Jul 202511 Aug 2025-0.17%05 Sept 202553
02 Jul 202503 Jul 2025-0.14%07 Jul 20255
13 Oct 202517 Oct 2025-0.10%17 Nov 202535
07 Jul 202609 Jul 2026-0.07%05 Aug 202629

Calendar-year returns

2025
0.6%
2026
1.0%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.2-0.0-0.20.30.20.10.00.30.01.0
20250.00.3-0.10.20.20.6
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.
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
0.28%
YearFundIndexDifference
2025+0.60%+1.80%-1.20%
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.)3.24%
Max drawdown-3.51%
Sharpe-0.54
Sortino-0.81
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 — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Duration and maturities

Duration · modified duration
1.56years

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.

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 →

Frequently asked questions

How much does UBS EUR AAA CLO UCITS ETF hCHF acc cost?
The issuer-declared TER is 0.28% per year; the transaction costs estimated in the KID are 0.02%.
How is UBS EUR AAA CLO UCITS ETF hCHF 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.
When was UBS EUR AAA CLO UCITS ETF hCHF acc launched?
The fund was launched on 1 July 2025: it has 1 year of history.
Is UBS EUR AAA CLO UCITS ETF hCHF acc actively or passively managed?
It is an ACTIVELY managed ETF: the manager picks the holdings, it does not replicate an index.
Does UBS EUR AAA CLO UCITS ETF hCHF acc pay dividends?
Issuer-declared income policy: “No”.
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.