UBS Asset Management is a leading pioneer in the sustainability-focused ETF space, and is proud to be the first provider of an ETF based on this new index by bringing you the UBS ETF Eurostoxx 50 ESG UCITS ETF. What deviation from the original non-ESG variant could the investor potentially experience?
Placing this sustainability overlay on the largest blue-chip index in Europe has delivered a daily returns correlation of 0.999 and tracking difference since 2012 of 8 basis points per annum when comparing the EURO STOXX 50 ESG Index to the standard benchmark2. Investors can now build portfolios using core ESG-filtered building blocks that show a minimal performance divergence from standard non-ESG compliant benchmarks.
