ETF · UBS
0MKN UBS ETF (CH) - UBS Gold ETF Units -USD acc-
ISIN CH0106027193London Stock Exchange: 0MKNUBS Group AG
- Gold & commodities
- ETF
- Not usually ISA
- SIPP
- Accumulating
Latest close
LSE$123.76
on
- Ongoing charge
- 0.23% a year
- Fund size
- £4.3bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0MKN (UBS ETF (CH) - UBS Gold ETF Units -USD acc-, ISIN CH0106027193) closed at $123.76 on the London Stock Exchange. Its ongoing charge is 0.23% a year (about £23 on £10,000). Over the five years to 13/11/2026 its total return was +116.0%, or +68.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −3.3%
- −6.7% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +91.1%
- +72.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +116.0%
- +68.6% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,160 on 13/11/2026 — about £1,686 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK 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 ETF (CH) - UBS Gold ETF Units -USD acc- in pounds (price, with income reinvested in the fund): 2021 −2.8%, 2022 +11.8%, 2023 +7.8%, 2024 +30.5%, 2025 +53.4%; 2026 to 13/11/2026 −10.8%. Returns of UBS ETF (CH) - UBS Gold ETF Units -USD acc- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.8%; to 30/09/2025: +43.9%; to 30/09/2024: +30.7%; to 30/09/2023: +0.7%; to 30/09/2022: +16.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −10.8% | −13.6% | |
| to | +53.4% | +48.1% | |
| to | +30.5% | +26.1% | |
| +7.8% | +3.5% | ||
| to | +11.8% | +2.4% | |
| to | −2.8% | −7.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +8.8% | +4.9% |
| from | +43.9% | +38.3% |
| from | +30.7% | +27.3% |
| from | +0.7% | −5.4% |
| from | +16.7% | +7.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
16.7%over 5 years
| 1 year | 21.2% |
|---|---|
| 3 years | 17.7% |
| 5 years | 16.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −24.8%
- From to
- Lowest 12-month return
- −5.8%
- 12 months to
- Highest 12-month return
- +71.8%
- 12 months to
- Below its highest weekly close since November 2021
- 24.5%
- High of , latest
In words: Volatility of UBS ETF (CH) - UBS Gold ETF Units -USD acc- in pounds, annualised from weekly returns to 13/11/2026: 21.2% over 1 year, 17.7% over 3 years, 16.7% over 5 years. Largest fall in the price of UBS ETF (CH) - UBS Gold ETF Units -USD acc- since November 2021, in pounds: −24.8% from 27/02/2026 to 30/10/2026. The lowest 12-month return of UBS ETF (CH) - UBS Gold ETF Units -USD acc- in pounds (price, with income reinvested in the fund) since November 2020 was −5.8% (12 months to 10/12/2021); the highest was +71.8% (12 months to 27/02/2026). On 13/11/2026 the price of UBS ETF (CH) - UBS Gold ETF Units -USD acc- was 24.5% below its highest weekly close since November 2021 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.23%
- a year
- On £10,000
- £23
- a year, roughly
- Over five years
- £114
- of £10,000, before growth
- 28 charge less
- 0 the same
- 121 charge more
Ongoing charge of UBS ETF (CH) - UBS Gold ETF Units -USD acc- 0.23% a year. Compared on 14/11/2026, 121 of the 149 other gold and commodity funds charge more, 0 the same and 28 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
UBS ETF (CH) - UBS Gold ETF Units -USD acc- is an exchange-traded fund (ETF) from UBS, launched in 2010.
It tracks the LBMA Gold Price PM - USD - Benchmark Price Return — 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 0.23% a year — about £23 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
- 0MKN
- ISIN
- CH0106027193
- Provider
- UBS
- 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
- 0.23% a year · about £23 on £10,000
- Fund size
- £4.3bn
- Launched
- Domicile
- Switzerland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- SIPP
- Check with your platform: each decides which funds it offers.
- Stocks and shares ISA
- Not usually (overseas non-UCITS fund)
- Overseas fund that is not a UCITS recognised in the UK. Check with your platform; HMRC rules may still allow it in a SIPP.
- Currency hedged
- No
- Price currency
- USD
- Category
- Gold & commodities
Price chart
Over the last year, the closing price went from $130.67 on 14/11/2025 to $123.76 on 13/11/2026 (−5.3%). The lowest close shown was $123.76 on 13/11/2026 and the highest $166.94 on 27/02/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
250 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
20 funds track LBMA Gold Price PM - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Physical Gold ETCAccumulating · 0.12% a year | 0.12% | −7.3% | +84.9% | +109.2% |
| Gold Bullion Securities0.40% a year | 0.40% | −7.5% | +83.4% | +106.3% |
| Invesco Physical Gold ETC0.12% a year | 0.12% | −3.7% | +91.6% | +116.7% |
| Invesco Physical Gold GBP Hedged ETCAccumulating · Currency hedged · 0.35% a year | 0.35% | −3.9% | +100.8% | Not reported |
| iShares Gold ETF (CH) Class AAccumulating · 0.19% a year | 0.19% | −3.2% | +91.3% | +116.4% |
| iShares Physical Gold ETC0.12% a year | 0.12% | −3.7% | +91.6% | +116.7% |
| iShares Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.25% a year | 0.25% | −3.6% | Not reported | Not reported |
| Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF HedgedDistributing · Currency hedged · 0.27% a year | 0.27% | −6.4% | +78.5% | +117.0% |
| Royal Mint Responsibly Sourced Physical Gold ETC0.25% a year | 0.25% | −3.8% | +90.8% | Not reported |
| Swisscanto (CH) Gold ETF Anteile -EAH (GBP)-Distributing · 0.40% a year | 0.40% | +1.7% | +104.3% | +111.7% |
| UBS ETF (CH) - UBS Gold ETF Units -USD acc-This fundAccumulating · 0.23% a year | 0.23% | −3.3% | +91.1% | +116.0% |
| UBS Gold hCHF ETF Units -CHF acc-Accumulating · Currency hedged · 0.36% a year | 0.36% | −12.8% | +78.1% | +93.5% |
| UBS Gold hEUR ETF Units -EUR acc-Accumulating · Currency hedged · 0.31% a year | 0.31% | −10.2% | +84.6% | +85.9% |
| Wisdomtree Core Physical Gold0.12% a year | 0.12% | −7.3% | +84.9% | Not reported |
| WisdomTree Physical Gold0.39% a year | 0.39% | −7.5% | +83.4% | +106.4% |
| WisdomTree Physical Swiss GoldAccumulating · 0.15% a year | 0.15% | −7.3% | +84.8% | +108.9% |
| Xtrackers IE Physical Gold ETC0.11% a year | 0.11% | −3.7% | +91.6% | Not reported |
| Xtrackers IE Physical Gold GBP Hedged ETCCurrency hedged · 0.33% a year | 0.33% | −3.9% | +100.7% | Not reported |
| Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity0.25% a year | 0.25% | −3.3% | +90.9% | +115.8% |
| Xtrackers Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.69% a year | 0.69% | −4.1% | +99.7% | +100.7% |
As of
LBMA Gold Price PM funds compared: charges, sizes and share classes
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 237 rolling 12-month returns since November 2020, and of 145 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 November 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
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against Invesco Physical Gold ETC, over the three years to 13/11/2026 (154 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 0MKN?
The ongoing charge of 0MKN is 0.23% a year — about £23 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 ETF (CH) - UBS Gold ETF Units -USD acc- 0.23% a year. Compared on 14/11/2026, 121 of the 149 other gold and commodity funds charge more, 0 the same and 28 less (share classes counted once).
What does 0MKN track?
0MKN tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold.
Is 0MKN accumulating or distributing?
0MKN 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 0MKN?
The ISIN of 0MKN is CH0106027193. An ISIN identifies one exact share class of a fund; 0MKN is its ticker on the London Stock Exchange.
What were 0MKN’s returns in each of the last five years?
Calendar-year returns of 0MKN in pounds (price, with income reinvested in the fund): 2021 −2.8%, 2022 +11.8%, 2023 +7.8%, 2024 +30.5%, 2025 +53.4%; 2026 to 13/11/2026 −10.8%. Past performance is not a guide to future returns.
How has 0MKN done after inflation?
Over the five years to 13/11/2026 0MKN’s total return was +116.0%, or +68.6% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SGLNiShares Physical Gold ETC0.12% a year · £28bn
- SGLPInvesco Physical Gold ETC0.12% a year · £21bn
- GLDAAmundi Physical Gold ETC0.12% a year · £9.0bn
- 0VR3Swisscanto (CH) Gold ETF EA CHF0.40% a year · £5.6bn
- PHGPWisdomTree Physical Gold0.39% a year · £5.0bn
- XGDPXtrackers IE Physical Gold ETC0.11% a year · £4.8bn
- SGBXWisdomTree Physical Swiss Gold0.15% a year · £3.9bn
- 0MKFSwisscanto (CH) Gold ETF EA USD0.40% a year · £3.5bn
Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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