Overview

The investment objective is to replicate the performance of the US Equity Defensive Put Write Index.

The fund synthetically replicates the index performance by investing in a swap.

The swap counterparty transfers collateral to the ETF in the form of G10 government bonds, supranational bonds and cash.

The fund is passively managed.

Benefits

Clients benefit from the flexibility of an exchange-traded investment and the investor protection offered by a fund.

Provides access to this segment of the market with a single transaction.

Optimised risk/return profile thanks to a broad diversification across a range sectors.

The fund offers a high degree of transparency and cost efficiency and is easy to trade.

UCITS compliant fund.

Risks

The fund delivers the return of a broadly diversified equity index and may therefore be subject to high fluctuations in value. This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID. The returns payable on the fund are dependant on payments received by the fund from the swap counterparty under the terms of the relevant swap and, therefore, are subject to the credit risk of the swap counterparty. In the event that the swap counterparty defaults under the terms of the relevant swap, the fund may suffer a loss. Every fund has specific risks, which can significantly increase under unusual market conditions. Sustainability risks are not considered as part of the Index selection process. Therefore, sustainability risks are not systematically integrated. The fund’s assets are passively managed. As a result, the net asset value of the fund’s assets is materially dependent on the performance of the underlying investments. Losses that could be avoided via active management will not be offset.

Features

Product category
UBS Exchange Traded Funds
UBS ETFs plc
Product domicile
Ireland
Portfolio management
UBS SA国际传谋 (UK) Ltd., London
Fund management
UBS SA国际传谋 (Europe) S.A., Luxembourg
Custodian bank
State Street Custodial Services (Ireland) Limited
Representative for products established under foreign law
UBS Europe SE, sucursal en España
Day of inception
July 8, 2020
Currency of account
USD
Close of financial year
June 30
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
TER (flat fee)
0.24% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
US Equity Defensive Put Write Index (TR)
ISIN
IE00BLDGHF56
Bloomberg Ticker
SPXPW SW
Reuters Id
SPXPW.S

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD
1M
3M
6M
1Y
2Y 8.34 -5.29 -4.48
3Y
5Y 40.68 20.23 44.74
ø p.a.5Y 7.06 3.75 7.68

Current data

Net asset value 23.04.2026 USD 157.59
High - last 12 months 22.04.2026 USD 157.60
Low - last 12 months 25.04.2025 USD 139.56
Assets of the unit class in mn 23.04.2026 USD 50.20
Total product assets in mn 23.04.2026 USD 152.15

Structures

Fees

Drag Level p.a.
0.24%
Max. issuing commission
0.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Denmark
Registered
Finland
Registered
France
Registered
Germany
Registered
Ireland
Registered
Italy
Institutional Only*
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Norway
Registered
Portugal
Registered
Singapore
Institutional Only*
Spain
Registered
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - UBS Exchange Traded Funds
Fact Sheet - UBS ETFs plc
Agreement / Prospectus
Document type
Document Language
Prospectus
Supplement
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on June 30)
Document type
Document Language
Annual report
Annual report 2016
Semi-annual report
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.