CG1.L vs. H4ZJ.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi ETF DAX UCITS ETF DR (CG1.L) and HSBC MSCI World UCITS ETF USD (H4ZJ.DE).

CG1.L and H4ZJ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CG1.L is a passively managed fund by Amundi that tracks the performance of the FSE DAX TR EUR. It was launched on Sep 16, 2008. H4ZJ.DE is a passively managed fund by HSBC that tracks the performance of the MSCI World. It was launched on Dec 8, 2010. Both CG1.L and H4ZJ.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CG1.L vs. H4ZJ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi ETF DAX UCITS ETF DR (CG1.L) and HSBC MSCI World UCITS ETF USD (H4ZJ.DE). The values are adjusted to include any dividend payments, if applicable.

CG1.L vs. H4ZJ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CG1.L Amundi ETF DAX UCITS ETF DR	-5.19%	28.47%	13.17%	17.07%	-7.61%	7.99%	9.33%	16.56%	-16.89%	16.60%
H4ZJ.DE HSBC MSCI World UCITS ETF USD	-3.25%	13.62%	21.41%	19.84%	-8.35%	25.80%	13.87%	27.57%	-1.09%	14.56%

Different Trading Currencies

CG1.L is traded in GBp, while H4ZJ.DE is traded in EUR. To make them comparable, the H4ZJ.DE values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CG1.L achieves a -5.19% return, which is significantly lower than H4ZJ.DE's -3.25% return. Over the past 10 years, CG1.L has underperformed H4ZJ.DE with an annualized return of 9.41%, while H4ZJ.DE has yielded a comparatively higher 14.54% annualized return.

CG1.L

• 1D: 2.66%
• 1M: -5.96%
• YTD: -5.19%
• 6M: -3.41%
• 1Y: 7.11%
• 3Y*: 13.28%
• 5Y*: 9.02%
• 10Y*: 9.41%

H4ZJ.DE

• 1D: 0.42%
• 1M: -5.00%
• YTD: -3.25%
• 6M: 0.34%
• 1Y: 14.91%
• 3Y*: 14.98%
• 5Y*: 11.99%
• 10Y*: 14.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CG1.L vs. H4ZJ.DE - Expense Ratio Comparison

CG1.L has a 0.10% expense ratio, which is lower than H4ZJ.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

H4ZJ.DE

HSBC MSCI World UCITS ETF USD

CG1.L

Amundi ETF DAX UCITS ETF DR

Return for Risk

CG1.L vs. H4ZJ.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CG1.L

CG1.L Risk / Return Rank: 23
CG1.L Sharpe Ratio Rank: 23
CG1.L Sortino Ratio Rank: 22
CG1.L Omega Ratio Rank: 22
CG1.L Calmar Ratio Rank: 24
CG1.L Martin Ratio Rank: 26

H4ZJ.DE

H4ZJ.DE Risk / Return Rank: 33
H4ZJ.DE Sharpe Ratio Rank: 34
H4ZJ.DE Sortino Ratio Rank: 33
H4ZJ.DE Omega Ratio Rank: 35
H4ZJ.DE Calmar Ratio Rank: 29
H4ZJ.DE Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CG1.L vs. H4ZJ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF DAX UCITS ETF DR (CG1.L) and HSBC MSCI World UCITS ETF USD (H4ZJ.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.

	CG1.L	H4ZJ.DE	Difference
Sharpe ratio Return per unit of total volatility	0.43	1.05	-0.62
Sortino ratio Return per unit of downside risk	0.68	1.48	-0.80
Omega ratio Gain probability vs. loss probability	1.09	1.23	-0.14
Calmar ratio Return relative to maximum drawdown	0.59	1.33	-0.73
Martin ratio Return relative to average drawdown	2.20	6.36	-4.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CG1.L vs. H4ZJ.DE - Sharpe Ratio Comparison

The current CG1.L Sharpe Ratio is 0.43, which is lower than the H4ZJ.DE Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of CG1.L and H4ZJ.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CG1.L	H4ZJ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	1.05	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.86	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.97	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.92	-0.50

Correlation

The correlation between CG1.L and H4ZJ.DE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CG1.L vs. H4ZJ.DE - Dividend Comparison

CG1.L has not paid dividends to shareholders, while H4ZJ.DE's dividend yield for the trailing twelve months is around 1.31%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CG1.L Amundi ETF DAX UCITS ETF DR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
H4ZJ.DE HSBC MSCI World UCITS ETF USD	1.31%	1.28%	2.06%	3.02%	2.65%	2.73%	3.30%	4.02%	4.71%	3.58%	4.02%	3.46%

Drawdowns

CG1.L vs. H4ZJ.DE - Drawdown Comparison

The maximum CG1.L drawdown since its inception was -34.44%, which is greater than H4ZJ.DE's maximum drawdown of -26.18%. Use the drawdown chart below to compare losses from any high point for CG1.L and H4ZJ.DE.

Drawdown Indicators

	CG1.L	H4ZJ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.44%	-33.60%	-0.84%
Max Drawdown (1Y) Largest decline over 1 year	-12.92%	-13.23%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	-21.65%	-1.81%
Max Drawdown (10Y) Largest decline over 10 years	-34.44%	-33.60%	-0.84%
Current Drawdown Current decline from peak	-8.76%	-6.05%	-2.71%
Average Drawdown Average peak-to-trough decline	-7.11%	-4.07%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	2.82%	+0.68%

Volatility

CG1.L vs. H4ZJ.DE - Volatility Comparison

Amundi ETF DAX UCITS ETF DR (CG1.L) has a higher volatility of 6.91% compared to HSBC MSCI World UCITS ETF USD (H4ZJ.DE) at 4.03%. This indicates that CG1.L's price experiences larger fluctuations and is considered to be riskier than H4ZJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CG1.L	H4ZJ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	4.03%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	11.44%	8.24%	+3.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.64%	15.23%	+1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	13.74%	+3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	14.83%	+3.12%