5HEP.L vs. MVEA.L
5HEP.L (Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD)) and MVEA.L (iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from Natixis and iShares respectively. Both are passively managed. Over the past 5 years, 5HEP.L returned 3.50%/yr vs 7.01%/yr for MVEA.L. A 0.79 correlation means they provide meaningful diversification when combined. 5HEP.L charges 0.75%/yr vs 0.20%/yr for MVEA.L.
Performance
5HEP.L vs. MVEA.L - Performance Comparison
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Different Trading Currencies
5HEP.L is traded in GBp, while MVEA.L is traded in GBP. To make them comparable, the MVEA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 5HEP.L achieves a -0.99% return, which is significantly lower than MVEA.L's 1.73% return.
5HEP.L
- 1D
- 1.36%
- 1M
- 0.44%
- YTD
- -0.99%
- 6M
- 1.11%
- 1Y
- 6.57%
- 3Y*
- 1.62%
- 5Y*
- 3.50%
- 10Y*
- —
MVEA.L
- 1D
- 0.03%
- 1M
- 3.05%
- YTD
- 1.73%
- 6M
- 1.61%
- 1Y
- 3.60%
- 3Y*
- 6.81%
- 5Y*
- 7.01%
- 10Y*
- —
5HEP.L vs. MVEA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
5HEP.L Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) | -0.99% | -2.61% | 5.42% | 9.48% | -6.21% | 23.62% | 9.95% |
MVEA.L iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 1.73% | -2.72% | 14.94% | 6.35% | -1.55% | 26.04% | 0.75% |
Correlation
The correlation between 5HEP.L and MVEA.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2020 | 0.79 |
The correlation between 5HEP.L and MVEA.L shifts across timeframes, from 0.61 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
5HEP.L vs. MVEA.L — Risk / Return Rank
5HEP.L
MVEA.L
5HEP.L vs. MVEA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HEP.L) and iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 5HEP.L | MVEA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.66 | +0.18 |
| Martin ratioReturn relative to average drawdown | 2.12 | 1.64 | +0.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 5HEP.L | MVEA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.42 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.60 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.62 | -0.10 |
Drawdowns
5HEP.L vs. MVEA.L - Drawdown Comparison
The maximum 5HEP.L drawdown since its inception was -24.16%, which is greater than MVEA.L's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for 5HEP.L and MVEA.L.
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Drawdown Indicators
| 5HEP.L | MVEA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.16% | -14.36% | -9.80% |
Max Drawdown (1Y)Largest decline over 1 year | -7.77% | -5.43% | -2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -19.08% | -14.36% | -4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -19.08% | -14.36% | -4.72% |
Current DrawdownCurrent decline from peak | -8.21% | -6.95% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -4.43% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 2.19% | +0.90% |
Volatility
5HEP.L vs. MVEA.L - Volatility Comparison
Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HEP.L) has a higher volatility of 3.64% compared to iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) at 2.87%. This indicates that 5HEP.L's price experiences larger fluctuations and is considered to be riskier than MVEA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5HEP.L | MVEA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.64% | 2.87% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 6.11% | +1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.42% | 8.60% | +1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 11.61% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.02% | 11.94% | +4.08% |
5HEP.L vs. MVEA.L - Expense Ratio Comparison
5HEP.L has a 0.75% expense ratio, which is higher than MVEA.L's 0.20% expense ratio.
Dividends
5HEP.L vs. MVEA.L - Dividend Comparison
Neither 5HEP.L nor MVEA.L has paid dividends to shareholders.
Frequently Asked Questions
5HEP.L and MVEA.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEA.L is cheaper with a 0.20% expense ratio, compared with 0.75% for 5HEP.L.
Both ETFs track Russell 1000 TR USD. They also come from different issuers: Natixis and iShares. Their fees differ too: 0.75% for 5HEP.L and 0.20% for MVEA.L.
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