ETF comparison

UBU7 vs SWRD

UBS Core MSCI World UCITS ETF USD dis
IE00B7KQ7B66UBS Asset Management
State Street® SPDR® MSCI World UCITS ETF (Acc)
IE00BFY0GT14State Street
Figures as of October 1, 2026 (UBU7) · October 2, 2026 (SWRD)

The comparison in short

UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.12% for SWRD, 0.06 percentage points less, or about 6 a year on 10,000 invested. SWRD is the larger fund, with USD 22.5bn in assets against USD 17.8bn for UBU7. 9 of the holdings published by UBU7 (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A and AMAZON.COM INC. In 2025, UBU7 returned +21.3% and SWRD +21.2%, a gap of 0.1 percentage points. Over 5 years, UBU7 returned +11.9% a year and SWRD +12.1% a year. SWRD reinvests its income (accumulating), while UBU7 pays it out (distributing). Both are domiciled in Ireland. UBU7 and SWRD both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureUBU7SWRD
ISINIE00B7KQ7B66IE00BFY0GT14
Exchange tickersUBU7, WRDD, WRDCHYSWRD, SWLD, SPPW
Fund houseUBS Asset ManagementState Street
Total expense ratio (TER)0.06%0.12%
Ongoing charges (KID)0.06%0.12%
Fund sizeUSD 17.8bnUSD 22.5bn
Launch dateApril 11, 2012February 28, 2019
Replication—Physical
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyUSDUSD
Number of holdings—1,241
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6—
BenchmarkMSCI World Total Return NetMSCI World Index

Performance

Calendar-year returns

YearUBU7SWRDDifference
2025+21.3%+21.2%+0.1
2024+18.9%+18.9%0.0
2023+23.8%+24.0%−0.2
2022−18.3%−17.9%−0.4
2021+21.6%+22.0%−0.4
2020+15.8%+15.8%0.0

Annualised returns

PeriodUBU7SWRDDifference
1 year+15.2%+15.4%−0.2
3 years+21.5%+22.0%−0.5
5 years+11.9%+12.1%−0.2
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

9 of the holdings published by UBU7 (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A and AMAZON.COM INC.

Top 10 holdings of UBU7

#HoldingWeight
1
NVIDIA CORPIn both
5.86%
2
APPLE INCIn both
5.45%
3
MICROSOFT CORPIn both
4.04%
4
AMAZON.COM INCIn both
2.69%
5
ALPHABET INC-CL AIn both
2.25%
6
ALPHABET INC-CL CIn both
1.78%
7
META PLATFORMS INC-CLASS AIn both
1.77%
8
BROADCOM INCIn both
1.77%
9
MICRON TECHNOLOGY INCIn both
1.34%
10
TESLA INCIn both
1.13%

Top 10 holdings of SWRD

#HoldingWeight
1
NVIDIA CorporationIn both
5.88%
2
Apple Inc.In both
5.38%
3
Microsoft CorporationIn both
4.01%
4
Amazon.com Inc.In both
2.66%
5
Alphabet Inc. Class AIn both
2.20%
6
Meta Platforms Inc Class AIn both
1.76%
7
Alphabet Inc. Class CIn both
1.73%
8
Broadcom Inc.In both
1.72%
9
Micron Technology Inc.In both
1.37%
10
Tesla Inc.In both
1.12%
Compare every published holding of UBU7 and SWRD in the overlap checker

Sectors and countries

Largest sectors of SWRD

  1. Information Technology32.1%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.4%
  6. Communication Services8.2%
+ 5 more

Largest countries of SWRD

  1. United States73.3%
  2. Japan6.0%
  3. United Kingdom3.4%
  4. Canada3.3%
  5. France2.2%
  6. Switzerland2.1%
+ 4 more

Frequently asked questions

What is the difference between UBU7 and SWRD?

UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.12% for SWRD, 0.06 percentage points less, or about 6 a year on 10,000 invested. SWRD reinvests its income (accumulating), while UBU7 pays it out (distributing). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, UBU7 or SWRD?

UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.12% for SWRD, 0.06 percentage points less, or about 6 a year on 10,000 invested. Their key information documents state ongoing charges of 0.06% for UBU7 and 0.12% for SWRD.

Which is bigger, UBU7 or SWRD?

SWRD is the larger fund, with USD 22.5bn in assets against USD 17.8bn for UBU7.

Do UBU7 and SWRD hold the same companies?

9 of the holdings published by UBU7 (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A and AMAZON.COM INC.

How did UBU7 and SWRD perform in 2025?

In 2025, UBU7 returned +21.3% and SWRD +21.2%, a gap of 0.1 percentage points. Over 5 years, UBU7 returned +11.9% a year and SWRD +12.1% a year. Over the past year, UBU7 returned +15.2% and SWRD +15.4%. Past performance does not predict future returns.

Are UBU7 and SWRD accumulating or distributing?

UBU7 is distributing: it pays its income out to investors. SWRD is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.