D5BL.DE vs. H4ZA.DE
D5BL.DE (Xtrackers MSCI Europe Value UCITS ETF) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - D5BL.DE tracks the MSCI Europe Enhanced Value while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, D5BL.DE returned 10.77%/yr vs 10.80%/yr for H4ZA.DE. Their correlation of 0.89 suggests significant overlap in exposure. D5BL.DE charges 0.15%/yr vs 0.05%/yr for H4ZA.DE.
Performance
D5BL.DE vs. H4ZA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, D5BL.DE achieves a 13.85% return, which is significantly higher than H4ZA.DE's 7.24% return. Both investments have delivered pretty close results over the past 10 years, with D5BL.DE having a 10.77% annualized return and H4ZA.DE not far ahead at 10.80%.
D5BL.DE
- 1D
- -0.38%
- 1M
- 2.55%
- YTD
- 13.85%
- 6M
- 17.04%
- 1Y
- 32.33%
- 3Y*
- 21.76%
- 5Y*
- 14.60%
- 10Y*
- 10.77%
H4ZA.DE
- 1D
- 0.77%
- 1M
- 1.94%
- YTD
- 7.24%
- 6M
- 8.59%
- 1Y
- 15.63%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
D5BL.DE vs. H4ZA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF | 13.85% | 35.78% | 10.37% | 14.14% | -4.63% | 26.83% | -8.58% | 22.90% | -13.98% | 9.78% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
Correlation
The correlation between D5BL.DE and H4ZA.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.89 |
The correlation between D5BL.DE and H4ZA.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
D5BL.DE vs. H4ZA.DE — Risk / Return Rank
D5BL.DE
H4ZA.DE
D5BL.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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.
| D5BL.DE | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.18 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 1.43 | +1.85 |
| Martin ratioReturn relative to average drawdown | 12.52 | 4.85 | +7.67 |
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
| D5BL.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 0.98 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.69 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.59 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.41 | +0.07 |
Drawdowns
D5BL.DE vs. H4ZA.DE - Drawdown Comparison
The maximum D5BL.DE drawdown since its inception was -40.40%, which is greater than H4ZA.DE's maximum drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for D5BL.DE and H4ZA.DE.
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Drawdown Indicators
| D5BL.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.40% | -38.41% | -1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -10.97% | +0.95% |
Max Drawdown (3Y)Largest decline over 3 years | -17.36% | -16.40% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -19.58% | -23.26% | +3.68% |
Max Drawdown (10Y)Largest decline over 10 years | -40.40% | -38.41% | -1.99% |
Current DrawdownCurrent decline from peak | -1.22% | -0.50% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -7.84% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 3.24% | -0.61% |
Volatility
D5BL.DE vs. H4ZA.DE - Volatility Comparison
Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) have volatilities of 4.83% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| D5BL.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.95% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.54% | 12.99% | -1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 15.99% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.59% | 17.50% | -1.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.76% | 18.17% | -0.41% |
D5BL.DE vs. H4ZA.DE - Expense Ratio Comparison
D5BL.DE has a 0.15% expense ratio, which is higher than H4ZA.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
D5BL.DE vs. H4ZA.DE - Dividend Comparison
D5BL.DE has not paid dividends to shareholders, while H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
Frequently Asked Questions
D5BL.DE and H4ZA.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for D5BL.DE.
D5BL.DE tracks MSCI Europe Enhanced Value, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Xtrackers and HSBC. Their fees differ too: 0.15% for D5BL.DE and 0.05% for H4ZA.DE.
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