# UBS MSCI Switzerland hUSD ETF Units USD dis (0VRE)

**Source:** https://fundology.uk/fund/0vre · ISIN CH0226274212 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

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.

## Summary

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.

Latest close: **$34.52** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0VRE |
| ISIN | CH0226274212 |
| Category | European shares |
| Type | ETF |
| Provider | UBS |
| Tracks | MSCI Switzerland 100% Hedged to USD Index |
| Income | Distributing |
| Ongoing charge | 0.23% a year (£23 per £10,000) |
| Fund size | £216m |
| Launched | 2013 |
| Domicile | Switzerland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +26.07% | +22.12% | income reinvested |
| 3 years | +43.57% | +29.55% | income reinvested |
| 5 years | +62.44% | +26.98% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year 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 CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +8.8% | +5.1% | Price |
| 2025 | +11.6% | +7.8% | Price |
| 2026 to 30/09/2026 | +12.0% | +8.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.94% | -9.39% |
| 3 years | 16.73% | -19.11% |

## Largest fall

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).

## Charges compared with similar funds

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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.23%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.