ETF · UBS
0VRE UBS MSCI Switzerland hUSD ETF Units USD dis
ISIN CH0226274212London Stock Exchange: 0VREUBS Group AG
- European shares
- ETF
- Not usually ISA
- SIPP
- Distributing
- USD hedged
Latest close
LSE$37.40
on
- Ongoing charge
- 0.23% a year
- Fund size
- £292m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0VRE (UBS MSCI Switzerland hUSD ETF Units USD dis, ISIN CH0226274212) closed at $37.40 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 +62.6%, or +26.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +28.9%
- +24.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +60.8%
- +45.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +62.6%
- +26.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,626 on 13/11/2026 — about £1,269 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 MSCI Switzerland hUSD ETF Units USD dis in pounds (price only, income paid out not included): 2024 +8.8%, 2025 +12.2%; 2026 to 13/11/2026 +21.3%. Returns of UBS MSCI Switzerland hUSD ETF Units USD dis in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +19.3%; to 30/09/2025: +6.0%; to 30/09/2024: +6.9%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +21.3% | +17.4% | |
| to | +12.2% | +8.3% | |
| to | +8.8% | +5.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +19.3% | +15.1% |
| from | +6.0% | +1.9% |
| from | +6.9% | +4.2% |
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)
16.8%over 3 years
| 1 year | 13.8% |
|---|---|
| 3 years | 16.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −19.1%
- From to
- Lowest 12-month return
- −8.2%
- 12 months to
- Highest 12-month return
- +27.7%
- 12 months to
- Below its highest weekly close since November 2021
- 0.0%
- High of , latest
In words: Volatility of UBS MSCI Switzerland hUSD ETF Units USD dis in pounds, annualised from weekly returns to 13/11/2026: 13.8% over 1 year, 16.8% over 3 years. Largest fall in the price of UBS MSCI Switzerland hUSD ETF Units USD dis since November 2021, in pounds: −19.1% from 28/02/2025 to 11/04/2025. The lowest 12-month return of UBS MSCI Switzerland hUSD ETF Units USD dis in pounds (price only, income paid out not included) since June 2023 was −8.2% (12 months to 11/04/2025); the highest was +27.7% (12 months to 03/07/2026). On 13/11/2026 the price of UBS MSCI Switzerland hUSD ETF Units USD dis was at its highest weekly close since November 2021, in pounds.
As of , price only — income paid out is not included
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
- 121 charge less
- 6 the same
- 115 charge more
Ongoing charge of UBS MSCI Switzerland hUSD ETF Units USD dis 0.23% a year. Compared on 14/11/2026, 115 of the 242 other European share funds charge more, 6 the same and 121 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 MSCI Switzerland hUSD ETF Units USD dis is an exchange-traded fund (ETF) from UBS, launched in 2013.
It tracks the MSCI Switzerland 100% Hedged to USD Index.
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 paid out to holders as cash, usually a few times a year.
It is currency-hedged to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Terms:ETFIndex fundAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- 0VRE
- ISIN
- CH0226274212
- Provider
- UBS
- Tracks
- MSCI Switzerland 100% Hedged to USD Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.23% a year · about £23 on £10,000
- Fund size
- £292m
- Launched
- Domicile
- Switzerland
- 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
- Yes, to US dollars
- Price currency
- USD
- Category
- European shares
Price chart
Over the last year, the closing price went from $29.84 on 14/11/2025 to $37.40 on 13/11/2026 (+25.3%). The lowest close shown was $29.64 on 21/11/2025 and the highest $37.40 on 13/11/2026.
One close a week. Before 27/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
182 weekly closes, from 26/11/2021 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
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How we work it out:Prices and returnsNAV and price
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 99 rolling 12-month returns since June 2023, 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.
Rank among similar funds
Rank by total return over 1 year among up to 10 European share funds, currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (116 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and 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 0VRE?
The ongoing charge of 0VRE 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 MSCI Switzerland hUSD ETF Units USD dis 0.23% a year. Compared on 14/11/2026, 115 of the 242 other European share funds charge more, 6 the same and 121 less (share classes counted once).
What does 0VRE track?
0VRE tracks the MSCI Switzerland 100% Hedged to USD Index.
Is 0VRE accumulating or distributing?
0VRE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of 0VRE?
The ISIN of 0VRE is CH0226274212. An ISIN identifies one exact share class of a fund; 0VRE is its ticker on the London Stock Exchange.
What were 0VRE’s returns in each of the last five years?
Calendar-year returns of 0VRE in pounds (price only, income paid out not included): 2024 +8.8%, 2025 +12.2%; 2026 to 13/11/2026 +21.3%. Past performance is not a guide to future returns.
How has 0VRE done after inflation?
Over the five years to 13/11/2026 0VRE’s total return was +62.6%, or +26.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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