No two indices are the same
Because ETFs are based on indices and track their performance, the quality of the underlying indices is critical. For this reason, UBS ETFs only work in cooperation with reputable index providers that ensure that the composition, calculation and management of indices they provide are of high quality, which can only be achieved if transparent and consistent index rules are systematically applied. Moreover, it is the only way to guarantee proper tracking of the market or of the market segment on which the index is based.
High quality through low tracking error
Because UBS ETFs have a low level of index replication tracking error, investors in UBS ETFs benefit to a high degree from the quality of the respective underlying indices.