ETF comparisonFigures as of October 1, 2026 (UBU7) · October 1, 2026 (XMWO)
UBU7 vs XMWO
UBS Core MSCI World UCITS ETF USD dis
IE00B7KQ7B66UBS Asset ManagementXtrackers MSCI World Swap UCITS ETF 1C
LU0274208692XtrackersThe comparison in short
UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) and XMWO (Xtrackers MSCI World Swap UCITS ETF 1C, LU0274208692) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.45% for XMWO, 0.39 percentage points less, or about 39 a year on 10,000 invested. UBU7 reports USD 17.8bn in assets and XMWO GBP 10.90bn. XMWO replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured. In 2025, UBU7 returned +21.3% and XMWO +21.0%, a gap of 0.3 percentage points. Over 10 years, UBU7 returned +12.8% a year and XMWO +12.8% a year. XMWO reinvests its income (accumulating), while UBU7 pays it out (distributing). UBU7 is domiciled in Ireland and XMWO in Luxembourg. UBU7 and XMWO 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
| Figure | UBU7 | XMWO |
|---|---|---|
| ISIN | IE00B7KQ7B66 | LU0274208692 |
| Exchange tickers | UBU7, WRDD, WRDCHY | XMWO, XMWD, DB31 |
| Fund house | UBS Asset Management | Xtrackers |
| Total expense ratio (TER) | 0.06% | 0.45% |
| Ongoing charges (KID) | 0.06% | 0.45% |
| Fund size | USD 17.8bn | GBP 10.90bn |
| Launch date | April 11, 2012 | December 19, 2006 |
| Replication | — | Synthetic (swap) |
| Domicile | Ireland | Luxembourg |
| Distribution policy | Distributing | Accumulating |
| Share class currency | USD | USD |
| Risk indicator (SRRI) | 4 / 7 | 4 / 7 |
| SFDR classification | Article 6 | — |
| Benchmark | MSCI World Total Return Net | MSCI Total Return Net World Index (USD) |
Performance
Calendar-year returns
| Year | UBU7 | XMWO | Difference |
|---|---|---|---|
| 2025 | +21.3% | +21.0% | +0.3 |
| 2024 | +18.9% | +18.6% | +0.3 |
| 2023 | +23.8% | +23.7% | +0.1 |
| 2022 | −18.3% | −18.2% | −0.1 |
| 2021 | +21.6% | +21.8% | −0.2 |
| 2020 | +15.8% | +16.0% | −0.2 |
Annualised returns
| Period | UBU7 | XMWO | Difference |
|---|---|---|---|
| 1 year | +15.2% | +14.5% | +0.7 |
| 3 years | +21.5% | +21.2% | +0.3 |
| 5 years | +11.9% | +11.7% | +0.2 |
| 10 years | +12.8% | +12.8% | 0.0 |
Holdings
XMWO replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.
Top 10 holdings of UBU7
| # | Holding | Weight |
|---|---|---|
| 1 | NVIDIA CORP | 5.86% |
| 2 | APPLE INC | 5.45% |
| 3 | MICROSOFT CORP | 4.04% |
| 4 | AMAZON.COM INC | 2.69% |
| 5 | ALPHABET INC-CL A | 2.25% |
| 6 | ALPHABET INC-CL C | 1.78% |
| 7 | META PLATFORMS INC-CLASS A | 1.77% |
| 8 | BROADCOM INC | 1.77% |
| 9 | MICRON TECHNOLOGY INC | 1.34% |
| 10 | TESLA INC | 1.13% |
Top 10 holdings of XMWO
XMWO replicates its index through a swap: the securities it publishes are the collateral basket behind the swap, not the index, so they are not compared.| # | Holding | Weight |
|---|---|---|
| 1 | AMAZON COM INC | 5.74% |
| 2 | MICROSOFT | 4.30% |
| 3 | NVIDIA | 4.22% |
| 4 | APPLE | 3.43% |
| 5 | NOVARTIS AG | 3.29% |
| 6 | NESTLE SA | 3.12% |
| 7 | SYNOPSYS | 2.75% |
| 8 | BERKSHIRE HATHAWAY INC CLASS B | 2.58% |
| 9 | ADVANCED MICRO DEVICES | 2.50% |
| 10 | WALMART | 2.07% |
Sectors and countries
Largest sectors of XMWO
- 38.0%
- 10.9%
- 10.4%
- 10.1%
- 9.2%
Largest countries of XMWO
- 76.4%
- 7.4%
- 3.1%
- 2.1%
- 1.9%
Frequently asked questions
What is the difference between UBU7 and XMWO?
UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) and XMWO (Xtrackers MSCI World Swap UCITS ETF 1C, LU0274208692) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.45% for XMWO, 0.39 percentage points less, or about 39 a year on 10,000 invested. XMWO reinvests its income (accumulating), while UBU7 pays it out (distributing). UBU7 is domiciled in Ireland and XMWO in Luxembourg. This is a factual comparison from the fund houses' documents, not investment advice.Which is cheaper, UBU7 or XMWO?
UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.45% for XMWO, 0.39 percentage points less, or about 39 a year on 10,000 invested. Their key information documents state ongoing charges of 0.06% for UBU7 and 0.45% for XMWO.Which is bigger, UBU7 or XMWO?
UBU7 reports USD 17.8bn in assets and XMWO GBP 10.90bn.Do UBU7 and XMWO hold the same companies?
XMWO replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.How did UBU7 and XMWO perform in 2025?
In 2025, UBU7 returned +21.3% and XMWO +21.0%, a gap of 0.3 percentage points. Over 10 years, UBU7 returned +12.8% a year and XMWO +12.8% a year. Over the past year, UBU7 returned +15.2% and XMWO +14.5%. Past performance does not predict future returns.Are UBU7 and XMWO accumulating or distributing?
UBU7 is distributing: it pays its income out to investors. XMWO is accumulating: it reinvests its income in the fund.Go further
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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.