ETF · UBS
0MKL UBS Gold hCHF ETF Units -CHF acc-
ISIN CH0106027128London Stock Exchange: 0MKLUBS Group AG
- Gold & commodities
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSECHF 132.71
on
- Ongoing charge
- 0.36% a year
- Fund size
- £1.7bn
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, 0MKL (UBS Gold hCHF ETF Units -CHF acc-, ISIN CH0106027128) closed at CHF 132.71 on the London Stock Exchange. Its ongoing charge is 0.36% a year (about £36 on £10,000). Over the five years to 30/09/2026 its total return was +120.1%, or +72.1% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −0.4%
- −3.5% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +92.6%
- +73.8% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +120.1%
- +72.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,201 on 30/09/2026 — about £1,721 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of UBS Gold hCHF ETF Units -CHF acc- in pounds (price, with income reinvested in the fund): 2022 +8.0%, 2023 +14.1%, 2024 +13.1%, 2025 +71.5%; 2026 to 30/09/2026 −14.0%. Returns of UBS Gold hCHF ETF Units -CHF acc- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.6%; to 30/09/2025: +42.8%; to 30/09/2024: +34.9%; to 30/09/2023: +2.6%; to 30/09/2022: +7.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −14.0% | −16.4% | |
| +71.5% | +65.7% | ||
| +13.1% | +9.2% | ||
| +14.1% | +9.6% | ||
| +8.0% | −1.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +0.6% | Not available |
| from | +42.8% | +37.2% |
| from | +34.9% | +31.4% |
| from | +2.6% | −3.5% |
| from | +7.3% | −1.4% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
18.4%over 5 years
| 1 year | 24.4% |
|---|---|
| 3 years | 20.0% |
| 5 years | 18.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −28.2%
- From to
- Lowest 12-month return
- −14.9%
- 12 months to
- Highest 12-month return
- +89.4%
- 12 months to
- Below its highest weekly close since October 2021
- 27.8%
- High of , latest
In words: Volatility of UBS Gold hCHF ETF Units -CHF acc- in pounds, annualised from weekly returns to 30/09/2026: 24.4% over 1 year, 20.0% over 3 years, 18.4% over 5 years. Largest fall in the price of UBS Gold hCHF ETF Units -CHF acc- since October 2021, in pounds: −28.2% from 27/02/2026 to 17/07/2026. The lowest 12-month return of UBS Gold hCHF ETF Units -CHF acc- in pounds (price, with income reinvested in the fund) since October 2020 was −14.9% (12 months to 15/10/2021); the highest was +89.4% (12 months to 27/02/2026). On 30/09/2026 the price of UBS Gold hCHF ETF Units -CHF acc- was 27.8% below its highest weekly close since October 2021 (27/02/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.36%
- a year
- On £10,000
- £36
- a year, roughly
- Over five years
- £179
- of £10,000, before growth
- 59 charge less
- 1 the same
- 77 charge more
Ongoing charge of UBS Gold hCHF ETF Units -CHF acc- 0.36% a year, as of 01/10/2026: 77 of the 137 other gold and commodity funds charge more, 1 the same and 59 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
UBS Gold hCHF ETF Units -CHF acc- is an exchange-traded fund (ETF) from UBS, launched in 2009.
It tracks the LBMA Gold Price PM ($/ozt) — the price of gold.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.36% a year — about £36 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.
Key facts
- Ticker
- 0MKL
- ISIN
- CH0106027128
- Provider
- UBS
- Tracks
- LBMA Gold Price PM ($/ozt)
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.36% a year · about £36 on £10,000
- Fund size
- £1.7bn
- Launched
- Domicile
- Switzerland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- CHF
- Category
- Gold & commodities
Price chart
Since 31/07/2026, the closing price went from CHF 129.87 on 31/07/2026 to CHF 132.71 on 30/09/2026 (+2.2%). The lowest close shown was CHF 129.87 on 31/07/2026 and the highest CHF 147.06 on 21/08/2026.
Chart: closing prices we have recorded since 31/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Funds tracking the same index
21 funds track LBMA Gold Price PM ($/ozt), this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Amundi Physical Gold ETCAccumulating · 0.12% a year | +10.3% | +144.3% |
| Gold Bullion Securities0.40% a year | +10.0% | +140.9% |
| Invesco Physical Gold ETC0.12% a year | +20.6% | +152.5% |
| Invesco Physical Gold GBP Hedged ETCAccumulating · Currency hedged · 0.35% a year | +17.8% | +63.2% |
| iShares Gold ETF (CH) Class AAccumulating · 0.19% a year | +9.9% | +140.9% |
| iShares Physical Gold ETC0.12% a year | +10.3% | +144.3% |
| iShares Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.25% a year | +7.7% | Not reported |
| Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF HedgedDistributing · Currency hedged | +16.7% | +140.4% |
| Royal Mint Responsibly Sourced Physical Gold ETC0.25% a year | +10.2% | +50.3% |
| Swisscanto (CH) Gold ETF EA USDDistributing · 0.40% a year | +9.6% | +138.1% |
| UBS ETF (CH) - UBS Gold ETF Units -USD acc-Accumulating · 0.23% a year | +9.8% | +140.4% |
| UBS Gold hCHF ETF Units -CHF acc-This fundAccumulating · 0.36% a year | −0.4% | +120.1% |
| UBS Gold hEUR ETF Units -EUR acc-Accumulating · 0.31% a year | +3.6% | +110.5% |
| Wisdomtree Core Physical Gold0.12% a year | +10.3% | +50.5% |
| WisdomTree Physical Gold0.39% a year | +10.0% | +141.0% |
| WisdomTree Physical Swiss GoldAccumulating · 0.15% a year | +10.3% | +143.9% |
| Xtrackers IE Physical Gold ETC0.11% a year | +11.0% | +49.7% |
| Xtrackers IE Physical Gold GBP Hedged ETC Underlying Tracker 2020-23.05.80 (Exp.08.04.80) on Gold SecuredCurrency hedged · 0.33% a year | +8.5% | +55.3% |
| Xtrackers Physical Gold ETC (EUR)0.25% a year | +10.4% | +138.2% |
| Xtrackers Physical Gold EUR Hedged ETCAccumulating · Currency hedged · 0.59% a year | +4.2% | +103.4% |
| Xtrackers Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.69% a year | +8.3% | +119.7% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 235 rolling 12-month returns since October 2020, and of 140 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
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Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against Invesco Physical Gold ETC, over the three years to 30/09/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of 0MKL?
The ongoing charge of 0MKL is 0.36% a year — about £36 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of UBS Gold hCHF ETF Units -CHF acc- 0.36% a year, as of 01/10/2026: 77 of the 137 other gold and commodity funds charge more, 1 the same and 59 less (share classes counted once).
What does 0MKL track?
0MKL tracks the LBMA Gold Price PM ($/ozt) — the price of gold.
Is 0MKL accumulating or distributing?
0MKL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of 0MKL?
The ISIN of 0MKL is CH0106027128. An ISIN identifies one exact share class of a fund; 0MKL is its ticker on the London Stock Exchange.
What were 0MKL’s returns in each of the last five years?
Calendar-year returns of 0MKL in pounds (price, with income reinvested in the fund): 2022 +8.0%, 2023 +14.1%, 2024 +13.1%, 2025 +71.5%; 2026 to 30/09/2026 −14.0%. Past performance is not a guide to future returns.
How has 0MKL done after inflation?
Over the five years to 30/09/2026 0MKL’s total return was +120.1%, or +72.1% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SGLNiShares Physical Gold ETC0.12% a year · £22bn
- SGLPInvesco Physical Gold ETC0.12% a year · £17bn
- OGLDBorse Commodities GmbH Xetra-Gold0.36% a year · £14bn
- GLDAAmundi Physical Gold ETC0.12% a year · £7.7bn
- 0VR3Swisscanto (CH) Gold ETF EA CHF0.40% a year · £4.4bn
- PHGPWisdomTree Physical Gold0.39% a year · £4.0bn
- XGDPXtrackers IE Physical Gold ETC0.11% a year · £3.8bn
- 0MKNUBS ETF (CH) - UBS Gold ETF Units -USD acc-0.23% a year · £3.4bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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