ETF · UBS
UC94 UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution
ISIN LU1169830442London Stock Exchange: UC94UBS Group AG
- European shares
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£30.41
on
- Ongoing charge
- 0.23% a year
- Fund size
- £101m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, UC94 (UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution, ISIN LU1169830442) closed at £30.41 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 +50.5%, or +17.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +25.4%
- +21.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +66.6%
- +50.5% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +50.5%
- +17.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,505 on 13/11/2026 — about £1,175 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 ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included): 2022 −16.9%, 2023 +5.8%, 2024 +8.5%, 2025 +18.9%; 2026 to 13/11/2026 +19.2%. Returns of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +16.8%; to 30/09/2025: +6.4%; to 30/09/2024: +14.9%; to 30/09/2023: +8.8%; to 30/09/2022: −12.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +19.2% | +15.4% | |
| to | +18.9% | +14.8% | |
| to | +8.5% | +4.8% | |
| +5.8% | +1.6% | ||
| −16.9% | −23.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +16.8% | +12.7% |
| from | +6.4% | +2.3% |
| from | +14.9% | +11.9% |
| from | +8.8% | +2.3% |
| from | −12.3% | −19.4% |
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)
14.6%over 5 years
| 1 year | 14.3% |
|---|---|
| 3 years | 14.3% |
| 5 years | 14.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −21.9%
- From to
- Lowest 12-month return
- −16.9%
- 12 months to
- Highest 12-month return
- +32.2%
- 12 months to
- Below its highest weekly close since November 2021
- 0.0%
- High of , latest
In words: Volatility of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds, annualised from weekly returns to 13/11/2026: 14.3% over 1 year, 14.3% over 3 years, 14.6% over 5 years. Largest fall in the price of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution since November 2021, in pounds: −21.9% from 31/12/2021 to 23/09/2022. The lowest 12-month return of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included) since January 2021 was −16.9% (12 months to 30/12/2022); the highest was +32.2% (12 months to 31/07/2026). On 13/11/2026 the price of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution 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 ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution 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.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2015.
It tracks the MSCI Switzerland 20/35 100% 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 0.23% 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 fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- UC94
- ISIN
- LU1169830442
- Provider
- UBS
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid 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
- £101m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- European shares
Price chart
Over the last year, the closing price went from £24.24 on 14/11/2025 to £30.41 on 13/11/2026 (+25.4%). The lowest close shown was £24.05 on 21/11/2025 and the highest £30.41 on 13/11/2026.
One close a week. Before 31/07/2026 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
260 weekly closes, from 12/11/2021 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
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
Funds tracking the same index
2 funds track MSCI Switzerland 20/35 100% Hedged to GBP Index - GBP, this one included and share classes counted once; their ongoing charges range from 0.23% to 0.23% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-acc- CapitalisationAccumulating · Currency hedged · 0.23% a year | 0.23% | +25.4% | +66.7% | +50.6% |
| UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- DistributionThis fundDistributing · Currency hedged · 0.23% a year | 0.23% | +25.4% | +66.6% | +50.5% |
As of
MSCI Switzerland 20/35 100% Hedged to GBP funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
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 252 rolling 12-month returns since January 2021, and of 148 rolling three-year returns, 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 11 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 (126 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 UC94?
The ongoing charge of UC94 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 ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution 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 UC94 track?
UC94 tracks the MSCI Switzerland 20/35 100% Hedged to GBP Index - GBP.
Is UC94 accumulating or distributing?
UC94 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.
What is the ISIN of UC94?
The ISIN of UC94 is LU1169830442. An ISIN identifies one exact share class of a fund; UC94 is its ticker on the London Stock Exchange.
What were UC94’s returns in each of the last five years?
Calendar-year returns of UC94 in pounds (price only, income paid out not included): 2022 −16.9%, 2023 +5.8%, 2024 +8.5%, 2025 +18.9%; 2026 to 13/11/2026 +19.2%. Past performance is not a guide to future returns.
How has UC94 done after inflation?
Over the five years to 13/11/2026 UC94’s total return was +50.5%, or +17.5% 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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