# UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation (UB0E) **Page:** https://fundology.uk/fund/ub0e · ISIN LU1169820138 ## 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, UB0E (UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation, ISIN LU1169820138) closed at £24.17 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the five years to 13/11/2026 its total return was +72.2%, or +34.4% after UK CPIH inflation. ## Summary UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the MSCI EMU 100% Hedged to GBP Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.13% a year — about £13 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: **£24.17** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UB0E | | ISIN | LU1169820138 | | Category | European shares | | Type | ETF | | Provider | UBS | | Tracks | MSCI EMU 100% Hedged to GBP Index - GBP | | Income | Accumulating | | Ongoing charge | 0.13% a year (£13 per £10,000) | | Fund size | £28.7m | | Launched | 2017 | | Domicile | Luxembourg | | 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 | +16.50% | +12.37% | income reinvested | | 3 years | +71.98% | +55.38% | income reinvested | | 5 years | +72.16% | +34.38% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −10.8%, 2023 +20.2%, 2024 +10.6%, 2025 +28.4%; 2026 to 13/11/2026 +14.4%. Returns of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +16.7%; to 30/09/2025: +19.2%; to 30/09/2024: +23.5%; to 30/09/2023: +26.2%; to 30/09/2022: −16.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -10.8% | -18.4% | Price | | 2023 | +20.2% | +15.4% | Price | | 2024 | +10.6% | +6.9% | Price | | 2025 | +28.4% | +24.0% | Price | | 2026 to 13/11/2026 | +14.4% | +10.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.43% | -9.61% | | 3 years | 14.12% | -11.28% | | 5 years | 15.62% | -22.64% | ## Largest fall Volatility of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 14.4% over 1 year, 14.1% over 3 years, 15.6% over 5 years. Largest fall in the price of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation since November 2021, in pounds: −22.5% from 19/11/2021 to 30/09/2022. The lowest 12-month return of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −18.5% (12 months to 23/09/2022); the highest was +33.8% (12 months to 10/04/2026). On 13/11/2026 the price of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation was 1.4% below its highest weekly close since November 2021 (13/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation 0.13% a year. Compared on 14/11/2026, 182 of the 242 other European share funds charge more, 4 the same and 56 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI EMU 100% Hedged to GBP Index - GBP, this one included and share classes counted once; their ongoing charges range from 0.13% to 0.13% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation (this fund) | 0.13% | +16.5% | +72.0% | +72.2% | | UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-dis- Distribution | 0.13% | +16.5% | +71.8% | +72.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.13%** 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 UB0E?** The ongoing charge of UB0E is 0.13% a year — about £13 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 SICAV - UBS ETF - MSCI EMU UCITS ETF -(hedged to GBP) A-acc- Capitalisation 0.13% a year. Compared on 14/11/2026, 182 of the 242 other European share funds charge more, 4 the same and 56 less (share classes counted once). **What does UB0E track?** UB0E tracks the MSCI EMU 100% Hedged to GBP Index - GBP. **Is UB0E accumulating or distributing?** UB0E 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 UB0E?** The ISIN of UB0E is LU1169820138. An ISIN identifies one exact share class of a fund; UB0E is its ticker on the London Stock Exchange. **What were UB0E’s returns in each of the last five years?** Calendar-year returns of UB0E in pounds (price, with income reinvested in the fund): 2022 −10.8%, 2023 +20.2%, 2024 +10.6%, 2025 +28.4%; 2026 to 13/11/2026 +14.4%. Past performance is not a guide to future returns. **How has UB0E done after inflation?** Over the five years to 13/11/2026 UB0E’s total return was +72.2%, or +34.4% 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.