UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE): Historical Returns

Simulation Settings
Category: Fixed Income
Period: May 1993 - November 2024 (~32 years)
Consolidated Returns as of 30 November 2024
Currency: EUR
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Results
30 Years
All (since May 1993)
UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE)
1.00
Initial Capital
December 1994
3.02
Final Capital
November 2024
3.75%
Yearly Return
5.75%
Std Deviation
-36.18%
Max Drawdown
52months*
Recovery Period
* in progress
1.00
Initial Capital
May 1993
3.15
Final Capital
November 2024
3.70%
Yearly Return
5.70%
Std Deviation
-36.18%
Max Drawdown
52months*
Recovery Period
* in progress

The UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF covers to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: All-Term

As of November 2024, in the previous 30 Years, the UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) Portfolio obtained a 3.75% compound annual return, with a 5.75% standard deviation. It suffered a maximum drawdown of -36.18% which has been ongoing for 52 months and is still in progress.

Disclaimer: The simulations on this website are provided in good faith but should NOT be taken as investment advice. We are not liable for any errors or actions based on this information. The authors of the website are not affiliated with the ETFs/Assets issuers. Content is for informational, educational, illustrative and entertainment purposes only.

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Investment Returns as of Nov 30, 2024

The UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF guaranteed the following returns.

Returns are calculated in EUR, assuming:
  • no fees or capital gain taxes.
  • dividend reinvestment, when applicable.
  • the actual Euro Inflation rates.
UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
1 May 1993 - 30 November 2024 (~32 years)
Live Update: December 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Nov 30, 2024
  1 Day Time ET(*) --- YTD
(11M)
1M 6M 1Y 5Y 10Y 30Y MAX
(~32Y)
Investment Return --- --- 1.40 1.19 4.14 5.72 -5.19 -1.98 3.75 3.70
Euro Inflation Adjusted Return -0.67 1.52 3.89 3.40 -8.66 -4.26 1.67 1.60
Returns over 1 year are annualized
(*) Eastern Time (ET - America/New York)
The live monthly return is calculated by assuming, for each asset, the weight defined by the base asset allocation.
Euro Inflation is updated to Nov 2024. Inflation (annualized) is 1Y: 2.24% , 5Y: 3.80% , 10Y: 2.39% , 30Y: 2.04%
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Capital Growth as of Nov 30, 2024

An investment of 1€, from December 1994 to November 2024, would be worth 3.02€, with a total return of 201.52% (3.75% annualized).

The Inflation Adjusted Capital would be 1.64€, with a net total return of 64.29% (1.67% annualized).

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An investment of 1€, from May 1993 to November 2024, would be worth 3.15€, with a total return of 215.01% (3.70% annualized).

The Inflation Adjusted Capital would be 1.65€, with a net total return of 65.02% (1.60% annualized).

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Investment Metrics as of Nov 30, 2024

Metrics of UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF, updated as of 30 November 2024, provide a comprehensive overview of the portfolio's performance and risk characteristics.

These metrics include detailed data on returns, volatility, drawdowns and other key performance indicators. By examining them, you can gain insights into how the portfolio has performed over various time periods and understand its risk profile.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • dividend reinvestment, when applicable.
  • the actual Euro Inflation rates.
UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
Advanced Metrics
1 May 1993 - 30 November 2024 (~32 years)
Swipe left to see all data
Metrics as of Nov 30, 2024
YTD
(11M)
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~32Y)
Investment Return (%)
1.40 1.19 -0.30 4.14 5.72 -9.57 -5.19 -1.98 1.70 3.75 3.70
Growth of 1€ 1.01 1.01 1.00 1.04 1.06 0.74 0.77 0.82 1.40 3.02 3.15
Infl. Adjusted Return (%)
-0.67 1.52 -0.23 3.89 3.40 -13.74 -8.66 -4.26 -0.39 1.67 1.60
Euro Inflation (%) 2.08 -0.32 -0.08 0.25 2.24 4.84 3.80 2.39 2.09 2.04 2.07
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
Current 1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -28.66 -3.80 -33.84 -36.18 -36.18 -36.18 -36.18 -36.18
Start to Recovery (# months)
52* 8 36* 52* 52* 52* 52* 52*
Start (yyyy mm) 2024 01 2021 12 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 4 23 39 39 39 39 39
Bottom (yyyy mm) 2024 04 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 4 13 13 13 13 13 13
End (yyyy mm) 2024 08 - - - - - -
Longest Drawdown Depth (%)
same

same

same

same

same

same

same
Start to Recovery (# months)
Start (yyyy mm) 2024 01 2021 12 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 4 23 39 39 39 39 39
Bottom (yyyy mm) 2024 04 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 4 13 13 13 13 13 13
End (yyyy mm) 2024 08 - - - - - -
Longest negative period (# months)
7 36* 60* 120* 173 173 173
Start (yyyy mm) 2024 01 2021 12 2019 12 2014 12 2009 12 2009 12 2009 12
End (yyyy mm) 2024 07 2024 11 2024 11 2024 11 2024 04 2024 04 2024 04
Annualized Return (%) -0.77 -9.57 -5.19 -1.98 -0.04 -0.04 -0.04
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -40.67 -5.33 -41.61 -46.03 -46.03 -46.03 -46.03 -46.03
Start to Recovery (# months)
52* 9 36* 52* 52* 52* 52* 52*
Start (yyyy mm) 2024 01 2021 12 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 4 23 39 39 39 39 39
Bottom (yyyy mm) 2024 04 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 5 13 13 13 13 13 13
End (yyyy mm) 2024 09 - - - - - -
Longest Drawdown Depth (%)
same

same

same

same

same

same

same
Start to Recovery (# months)
Start (yyyy mm) 2024 01 2021 12 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 4 23 39 39 39 39 39
Bottom (yyyy mm) 2024 04 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 5 13 13 13 13 13 13
End (yyyy mm) 2024 09 - - - - - -
Longest negative period (# months)
11* 36* 60* 120* 240* 266 266
Start (yyyy mm) 2024 01 2021 12 2019 12 2014 12 2004 12 2001 09 2001 09
End (yyyy mm) 2024 11 2024 11 2024 11 2024 11 2024 11 2023 10 2023 10
Annualized Return (%) -0.73 -13.74 -8.66 -4.26 -0.39 -0.02 -0.02
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 6.72 12.87 10.29 7.69 6.27 5.75 5.70
Sharpe Ratio 0.07 -1.03 -0.73 -0.46 0.03 0.25 0.24
Sortino Ratio 0.10 -1.28 -0.88 -0.55 0.04 0.31 0.30
Ulcer Index 1.79 26.17 22.27 15.93 11.34 9.31 9.10
Ratio: Return / Standard Deviation 0.85 -0.74 -0.50 -0.26 0.27 0.65 0.65
Ratio: Return / Deepest Drawdown 1.50 -0.28 -0.14 -0.05 0.05 0.10 0.10
Positive Months (%)
66.66 44.44 48.33 49.16 59.58 63.61 63.32
Positive Months 8 16 29 59 143 229 240
Negative Months 4 20 31 61 97 131 139
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized -1.98 5.91 8.05 8.05
Worst 10 Years Return (%) - Annualized -2.70 -2.70 -2.70
Best 10 Years Return (%) - Annualized -4.26 4.39 5.97 5.97
Worst 10 Years Return (%) - Annualized -4.78 -4.78 -4.78
TIMEFRAMES
Inflation Adjusted:
Inflation Adjusted:
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
··· As of Nov 2024 - Over the previous 30Y
Best Rolling Return (%) - Annualized 23.31 11.84 9.32 8.05 6.73 3.75
Worst Rolling Return (%) - Annualized -33.54 -13.34 -6.56 -2.70 1.45
Positive Periods (%) 76.5 88.6 89.3 87.9 100.0 100.0
Best Rolling Return (%) - Annualized 22.72 9.65 7.17 5.97 4.88 1.67
Worst Rolling Return (%) - Annualized -39.92 -18.10 -9.66 -4.78 -0.66
Positive Periods (%) 67.0 80.3 85.0 86.3 78.5 100.0
95% VaR - Value at Risk (%) - Cumulative
2.41 3.77 4.76 5.16 28.77 23.49 19.53 0.00
95% CVaR - Conditional Value at Risk (%) 3.10 4.96 6.45 22.84 31.18 25.23 21.43 0.00
99% VaR - Value at Risk (%) - Cumulative
3.54 5.73 7.53 31.49 32.29 26.52 23.60 0.00
99% CVaR - Conditional Value at Risk (%) 4.26 6.97 9.30 33.08 34.48 28.19 23.96 0.00
Short term VaRs: analytical | 1+ year VaRs: historical data
Safe Withdrawal Rate (%) 77.06 22.55 15.58 8.81 6.00 5.99
Perpetual Withdrawal Rate (%) --- --- --- --- --- 2.35
% based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com
··· All available data (May 1993 - Nov 2024)
Best Rolling Return (%) - Annualized 23.31 11.84 9.32 8.05 6.87 3.78
Worst Rolling Return (%) - Annualized -33.54 -13.34 -6.56 -2.70 1.45 3.27
Positive Periods (%) 76.3 89.2 90.0 88.8 100.0 100.0
Best Rolling Return (%) - Annualized 22.72 9.65 7.17 5.97 4.88 1.69
Worst Rolling Return (%) - Annualized -39.92 -18.10 -9.66 -4.78 -0.66 1.16
Positive Periods (%) 66.5 81.3 85.9 87.3 81.4 100.0
95% VaR - Value at Risk (%) - Cumulative
2.39 3.73 4.72 4.57 28.73 23.39 19.32 0.00
95% CVaR - Conditional Value at Risk (%) 3.07 4.92 6.39 21.80 31.03 25.11 21.28 0.00
99% VaR - Value at Risk (%) - Cumulative
3.51 5.67 7.47 30.68 32.29 26.52 22.54 0.00
99% CVaR - Conditional Value at Risk (%) 4.22 6.91 9.21 32.55 34.48 28.19 23.78 0.00
Short term VaRs: analytical | 1+ year VaRs: historical data
Safe Withdrawal Rate (%) 77.06 22.55 15.58 8.81 6.00 5.55
Perpetual Withdrawal Rate (%) --- --- --- --- --- 1.63
% based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Value at Risk (VaR): it's an evaluation of a cumulative worst-case loss (in absolute value), associated with a probability (95%-99%) and a time horizon. For short term, it's calculated based on the expected return and standard deviation, assuming a normal distribution of monthly returns. For long term is retrieved by the historical rolling return data.
  • Conditional Value at Risk (CVaR): it represents the average expected loss if that worst-case threshold (95%-99%) is ever crossed.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.
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Correlations as of Nov 30, 2024

Correlation measures to what degree the returns of two assets move in relation to each other. It is a statistical measure that describes the extent to which the returns of one asset are related to the returns of another asset.

The following table shows the monthly correlations of UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
Monthly correlations as of 30 November 2024
Swipe left to see all data
Correlation vs UET0.DE
Asset Class 1 Year 5 Years 10 Years 30 Years
SXR8.DE
US Large Cap Blend 0.15 -0.04 -0.07 -0.03
ZPRR.DE
US Small Cap Blend 0.47 -0.02 -0.07 -0.06
IQQ7.DE
US REITs 0.77 0.05 0.09 0.10
NQSE.DE
US Technology 0.49 0.22 0.15 0.07
EUNL.DE
Developed Countries 0.30 0.01 -0.02 -0.02
SXRT.DE
Euro Large Cap Blend 0.36 0.16 0.11 0.05
IUSQ.DE
World All Countries 0.31 0.04 0.00 0.02
IS3N.DE
Emerging Markets 0.19 0.23 0.19 0.08
CEBW.DE
US Total Bond Market EUR Hdg 0.98 0.57 0.62 0.71
IUSV.DE
US Long Term Treasuries EUR Hdg 0.98 0.55 0.59 0.55
PR1H.DE
US Ultrashort Gov.Bonds EUR Hdg 0.59 0.37 0.29 0.25
UEEF.DE
US High Yield Bonds EUR Hdg 0.95 0.21 0.20 0.32
EUNU.DE
Global Aggregate Bond EUR Hdg 0.75 0.08 0.18 0.16
SPF1.DE
Global Convertible Bonds EUR Hdg 0.70 0.25 0.19 0.19
IS3C.DE
Emerg. Market Bonds EUR Hdg 0.94 0.35 0.38 0.37
SYBA.DE
Euro Total Bond Market 0.85 0.31 0.37 0.47
IBCL.DE
Euro Long Term Gov. Bonds 0.77 0.35 0.40 0.42
EUN6.DE
Euro Ultrashort Gov. Bonds 0.56 0.31 0.21 0.17
XHYG.DE
Euro High Yield Bonds 0.69 0.05 0.07 0.17
IBCI.DE
Euro Inflation Linked Bonds 0.71 0.11 0.16 0.31
PHAU
Gold -0.39 0.11 0.19 0.09
UIQK.DE
Commodities -0.46 -0.22 -0.21 -0.03
Terms and Definitions
Correlation values range between -1 and +1
  • A correlation of +1 indicates that the returns of the two assets move in perfect synchrony; when one asset's returns go up, the other asset's returns also go up by the same percentage, and vice versa. This perfect positive correlation implies that the assets perform similarly in different market conditions.
  • A correlation of -1 indicates a perfect inverse relationship between the returns of the two assets. When one asset's returns go up, the other asset's returns go down by the same percentage. This perfect negative correlation suggests that the assets move in opposite directions, providing a diversification benefit by reducing overall portfolio risk.
  • A correlation of 0 means that there is no linear relationship between the returns of the two assets. The returns of one asset do not predict the returns of the other.
Learn about historical correlations here: see how the main asset classes relate to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
1 December 1994 - 30 November 2024 (30 Years)
1 May 1993 - 30 November 2024 (~32 years)
Inflation Adjusted:

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Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
1 December 1994 - 30 November 2024 (30 Years)
1 May 1993 - 30 November 2024 (~32 years)
Inflation Adjusted:

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The values shown for the rolling periods represent key statistical points: the minimum, maximum, median, and the 15th and 85th percentiles. These percentiles give insight into the distribution of the data, indicating the range within which the central 70% of the values lie, while the median represents the middle value.

Seasonality

In which months is it better to invest in UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past. They are retrieved considering the time period from May 1993 to November 2024.

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For further information about the seasonality, check the Asset Class Seasonality page.

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the UBS Bloomberg MSCI US Liquid Corporates Sustainable EUR Hedged (UET0.DE) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

UBS BLOOMBERG MSCI US LIQUID CORPORATES SUSTAINABLE EUR HEDGED (UET0.DE) ETF
Monthly Returns Distribution
1 December 1994 - 30 November 2024 (30 Years)
1 May 1993 - 30 November 2024 (~32 years)
229 Positive Months (64%) - 131 Negative Months (36%)
240 Positive Months (63%) - 139 Negative Months (37%)

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Methodology

Returns, up to June 2022, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

The first official book of
Build wealth
with Lazy Portfolios and Passive Investing