AVEM.DE vs. H410.DE
AVEM.DE (Avantis Emerging Markets Equity UCITS ETF USD Acc) and H410.DE (HSBC MSCI Emerging Markets UCITS ETF USD) are both Emerging Markets Equities funds. AVEM.DE is actively managed, while H410.DE is passively managed. Over the past year, AVEM.DE returned 32.37% vs 40.06% for H410.DE. Their correlation of 0.87 suggests significant overlap in exposure. AVEM.DE charges 0.35%/yr vs 0.15%/yr for H410.DE.
Performance
AVEM.DE vs. H410.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVEM.DE achieves a 17.97% return, which is significantly lower than H410.DE's 23.59% return.
AVEM.DE
- 1D
- -1.72%
- 1M
- -6.89%
- 6M
- 12.41%
- YTD
- 17.97%
- 1Y
- 32.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
H410.DE
- 1D
- -0.41%
- 1M
- -4.81%
- 6M
- 16.27%
- YTD
- 23.59%
- 1Y
- 40.06%
- 3Y*
- 19.24%
- 5Y*
- 7.58%
- 10Y*
- 8.62%
AVEM.DE vs. H410.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 17.97% | 21.39% | -2.44% |
H410.DE HSBC MSCI Emerging Markets UCITS ETF USD | 23.59% | 18.65% | -2.47% |
Correlation
The correlation between AVEM.DE and H410.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024 | 0.87 |
The correlation between AVEM.DE and H410.DE has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVEM.DE vs. H410.DE — Risk / Return Rank
AVEM.DE
H410.DE
AVEM.DE vs. H410.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) and HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVEM.DE | H410.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 3.81 | -1.04 |
| Martin ratioReturn relative to average drawdown | 9.84 | 11.69 | -1.86 |
Loading charts...
Drawdowns
AVEM.DE vs. H410.DE - Drawdown Comparison
The maximum AVEM.DE drawdown since its inception was -18.44%, smaller than the maximum H410.DE drawdown of -41.02%. Use the drawdown chart below to compare losses from any high point for AVEM.DE and H410.DE.
Loading charts...
Drawdown Indicators
| AVEM.DE | H410.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.44% | -41.02% | +22.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -10.47% | -1.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.62% | — |
Current DrawdownCurrent decline from peak | -9.73% | -7.87% | -1.86% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -13.30% | +10.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.42% | -0.03% |
Volatility
AVEM.DE vs. H410.DE - Volatility Comparison
Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) has a higher volatility of 9.61% compared to HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) at 8.52%. This indicates that AVEM.DE's price experiences larger fluctuations and is considered to be riskier than H410.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVEM.DE | H410.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.61% | 8.52% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 17.56% | +0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 20.06% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.56% | 17.16% | +2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 18.30% | +1.26% |
AVEM.DE vs. H410.DE - Expense Ratio Comparison
AVEM.DE has a 0.35% expense ratio, which is higher than H410.DE's 0.15% expense ratio.
Dividends
AVEM.DE vs. H410.DE - Dividend Comparison
AVEM.DE has not paid dividends to shareholders, while H410.DE's dividend yield for the trailing twelve months is around 1.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
H410.DE HSBC MSCI Emerging Markets UCITS ETF USD | 1.65% | 2.00% | 2.40% | 2.59% | 3.11% | 2.00% | 1.69% | 2.03% | 2.20% | 1.62% | 1.71% | 2.28% |
Frequently Asked Questions
AVEM.DE and H410.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H410.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H410.DE is cheaper with a 0.15% expense ratio, compared with 0.35% for AVEM.DE.
They also come from different issuers: Avantis and HSBC. Their fees differ too: 0.35% for AVEM.DE and 0.15% for H410.DE.
Find the right allocation for AVEM.DE and H410.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer