ETF · UBS
0VRE UBS MSCI Switzerland hUSD ETF Units USD dis
ISIN CH0226274212London Stock Exchange: 0VREUBS Group AG
- European shares
- ETF
- ISA
- SIPP
- Distributing
- Currency hedged
Latest close
LSE$34.52
on
- Ongoing charge
- 0.23% a year
- Fund size
- £216m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, 0VRE (UBS MSCI Switzerland hUSD ETF Units USD dis, ISIN CH0226274212) closed at $34.52 on the London Stock Exchange. Its ongoing charge is 0.23% a year (about £23 on £10,000). Over the five years to 30/09/2026 its total return was +62.4%, or +27.0% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +26.1%
- +22.1% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +43.6%
- +29.6% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +62.4%
- +27.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,624 on 30/09/2026 — about £1,270 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 MSCI Switzerland hUSD ETF Units USD dis in pounds (price only, income paid out not included): 2024 +8.8%, 2025 +11.6%; 2026 to 30/09/2026 +12.0%. 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: +23.7%; to 30/09/2025: +2.3%; to 30/09/2024: +6.9%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +12.0% | +8.9% | |
| +11.6% | +7.8% | ||
| +8.8% | +5.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +23.7% | Not available |
| from | +2.3% | −1.7% |
| from | +6.9% | +4.2% |
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)
16.7%over 3 years
| 1 year | 12.9% |
|---|---|
| 3 years | 16.7% |
Annualised from weekly returns. Higher means bumpier.
- Lowest 12-month return
- −8.2%
- 12 months to
- Highest 12-month return
- +27.7%
- 12 months to
In words: Volatility of UBS MSCI Switzerland hUSD ETF Units USD dis in pounds, annualised from weekly returns to 30/09/2026: 12.9% over 1 year, 16.7% over 3 years. 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).
Source: Fundology, from recorded closes and the data vendor’s weekly price history, 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
- 109 charge less
- 6 the same
- 110 charge more
Ongoing charge of UBS MSCI Switzerland hUSD ETF Units USD dis 0.23% a year, as of 01/10/2026: 110 of the 225 other European share funds charge more, 6 the same and 109 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 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: it aims to remove most of the effect of exchange-rate moves against the pound.
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
- £216m
- Launched
- Domicile
- Switzerland
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- USD
- Category
- European shares
Price chart
Since 27/07/2026, the closing price went from $34.87 on 27/07/2026 to $34.52 on 30/09/2026 (−1.0%). The lowest close shown was $34.29 on 18/09/2026 and the highest $35.98 on 28/08/2026.
Chart: closing prices we have recorded since 27/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
9 weekly closes, from 27/07/2026 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
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
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 93 rolling 12-month returns since June 2023, in pounds, with how often they were above zero.
With a free account
Create a free account to see the risk ratios and every rolling return
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, 3 and 5 years among up to 31 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 30/09/2026 (117 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, as of 01/10/2026: 110 of the 225 other European share funds charge more, 6 the same and 109 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 +11.6%; 2026 to 30/09/2026 +12.0%. Past performance is not a guide to future returns.
How has 0VRE done after inflation?
Over the five years to 30/09/2026 0VRE’s total return was +62.4%, or +27.0% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
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- SMEAiShares Core MSCI Europe UCITS ETF EUR (Acc)0.12% a year · £10bn
- IMEUiShares Core MSCI Europe UCITS ETF0.12% a year · £6.8bn
- 0MLDiShares STOXX Europe 600 UCITS ETF0.20% a year · £6.2bn
- 0MLJiShares Core EURO STOXX 50 UCITS ETF (DE)0.11% a year · £6.0bn
- 0MLHiShares Core DAX UCITS ETF (DE)0.16% a year · £5.5bn
- CS51iShares Core EURO STOXX 50 UCITS ETF0.10% a year · £5.0bn
- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £5.0bn
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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