# UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP (UB0A) **Page:** https://fundology.uk/fund/ub0a · ISIN IE00BYQ00Y50 ## 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 13/11/2026, UB0A (UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP, ISIN IE00BYQ00Y50) closed at £31.28 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 13/11/2026 its total return was +61.6%, or +26.2% after UK CPIH inflation. ## Summary UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the MSCI USA 100% Hedged to GBP Net Variant. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£31.28** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UB0A | | ISIN | IE00BYQ00Y50 | | Category | US shares | | Type | ETF | | Provider | UBS | | Tracks | MSCI USA 100% Hedged to GBP Net Variant | | Income | Accumulating | | Ongoing charge | 0.09% a year (£9 per £10,000) | | Fund size | £19.3m | | Launched | 2017 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/07/2017 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +11.28% | +7.34% | income reinvested | | 3 years | +76.17% | +59.17% | income reinvested | | 5 years | +61.64% | +26.17% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP in pounds (price, with income reinvested in the fund): 2022 −22.3%, 2023 +25.8%, 2024 +24.8%, 2025 +16.7%; 2026 to 13/11/2026 +10.0%. Returns of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +14.6%; to 30/09/2025: +19.1%; to 30/09/2024: +34.1%; to 30/09/2023: +16.6%; to 30/09/2022: −17.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -22.3% | -28.8% | Price | | 2023 | +25.8% | +20.8% | Price | | 2024 | +24.8% | +20.5% | Price | | 2025 | +16.7% | +12.7% | Price | | 2026 to 13/11/2026 | +10.0% | +6.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.92% | -7.91% | | 3 years | 13.16% | -15.45% | | 5 years | 15.49% | -25.60% | ## Largest fall Volatility of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 11.9% over 1 year, 13.2% over 3 years, 15.5% over 5 years. Largest fall in the price of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP since November 2021, in pounds: −25.6% from 31/12/2021 to 14/10/2022. The lowest 12-month return of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP in pounds (price, with income reinvested in the fund) since January 2021 was −23.3% (12 months to 04/11/2022); the highest was +41.7% (12 months to 25/10/2024). On 13/11/2026 the price of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP was 3.6% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of UBS Core MSCI USA UCITS ETF Accum -A- Hedged GBP 0.09% a year. Compared on 14/11/2026, 189 of the 254 other US share funds charge more, 6 the same and 59 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.09%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of UB0A?** The ongoing charge of UB0A is 0.09% a year — about £9 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 Core MSCI USA UCITS ETF Accum -A- Hedged GBP 0.09% a year. Compared on 14/11/2026, 189 of the 254 other US share funds charge more, 6 the same and 59 less (share classes counted once). **What does UB0A track?** UB0A tracks the MSCI USA 100% Hedged to GBP Net Variant. **Is UB0A accumulating or distributing?** UB0A 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 UB0A?** The ISIN of UB0A is IE00BYQ00Y50. An ISIN identifies one exact share class of a fund; UB0A is its ticker on the London Stock Exchange. **What were UB0A’s returns in each of the last five years?** Calendar-year returns of UB0A in pounds (price, with income reinvested in the fund): 2022 −22.3%, 2023 +25.8%, 2024 +24.8%, 2025 +16.7%; 2026 to 13/11/2026 +10.0%. Past performance is not a guide to future returns. **How has UB0A done after inflation?** Over the five years to 13/11/2026 UB0A’s total return was +61.6%, or +26.2% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.