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H410.DE vs. H4ZX.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

H410.DE vs. H4ZX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) and HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE). The values are adjusted to include any dividend payments, if applicable.

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H410.DE vs. H4ZX.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
H410.DE
HSBC MSCI Emerging Markets UCITS ETF USD
5.14%18.61%13.89%4.66%-13.80%3.98%1.78%
H4ZX.DE
HSBC Hang Seng TECH UCITS ETF HKD
-15.10%10.69%28.06%-11.53%-20.44%-29.60%2.10%

Returns By Period

In the year-to-date period, H410.DE achieves a 5.14% return, which is significantly higher than H4ZX.DE's -15.10% return.


H410.DE

1D
-1.39%
1M
-1.85%
YTD
5.14%
6M
7.92%
1Y
24.75%
3Y*
13.45%
5Y*
4.08%
10Y*
7.79%

H4ZX.DE

1D
-1.33%
1M
-1.60%
YTD
-15.10%
6M
-29.23%
1Y
-18.16%
3Y*
1.43%
5Y*
-11.02%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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H410.DE vs. H4ZX.DE - Expense Ratio Comparison

H410.DE has a 0.15% expense ratio, which is lower than H4ZX.DE's 0.50% expense ratio.


Return for Risk

H410.DE vs. H4ZX.DE — Risk / Return Rank

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

H410.DE
H410.DE Risk / Return Rank: 7373
Overall Rank
H410.DE Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
H410.DE Sortino Ratio Rank: 7070
Sortino Ratio Rank
H410.DE Omega Ratio Rank: 6767
Omega Ratio Rank
H410.DE Calmar Ratio Rank: 8080
Calmar Ratio Rank
H410.DE Martin Ratio Rank: 7979
Martin Ratio Rank

H4ZX.DE
H4ZX.DE Risk / Return Rank: 33
Overall Rank
H4ZX.DE Sharpe Ratio Rank: 33
Sharpe Ratio Rank
H4ZX.DE Sortino Ratio Rank: 33
Sortino Ratio Rank
H4ZX.DE Omega Ratio Rank: 33
Omega Ratio Rank
H4ZX.DE Calmar Ratio Rank: 44
Calmar Ratio Rank
H4ZX.DE Martin Ratio Rank: 22
Martin Ratio Rank
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.

H410.DE vs. H4ZX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) and HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.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.


H410.DEH4ZX.DEDifference

Sharpe ratio

Return per unit of total volatility

1.35

-0.63

+1.98

Sortino ratio

Return per unit of downside risk

1.85

-0.76

+2.61

Omega ratio

Gain probability vs. loss probability

1.26

0.91

+0.35

Calmar ratio

Return relative to maximum drawdown

2.78

-0.53

+3.31

Martin ratio

Return relative to average drawdown

10.22

-1.19

+11.41

H410.DE vs. H4ZX.DE - Sharpe Ratio Comparison

The current H410.DE Sharpe Ratio is 1.35, which is higher than the H4ZX.DE Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of H410.DE and H4ZX.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.


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Sharpe Ratios by Period


H410.DEH4ZX.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.35

-0.63

+1.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

-0.29

+0.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

-0.23

+0.57

Correlation

The correlation between H410.DE and H4ZX.DE is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

H410.DE vs. H4ZX.DE - Dividend Comparison

H410.DE's dividend yield for the trailing twelve months is around 2.00%, while H4ZX.DE has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
H410.DE
HSBC MSCI Emerging Markets UCITS ETF USD
2.00%2.00%2.40%2.58%3.11%2.00%1.69%2.03%2.20%1.62%1.71%2.28%
H4ZX.DE
HSBC Hang Seng TECH UCITS ETF HKD
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

H410.DE vs. H4ZX.DE - Drawdown Comparison

The maximum H410.DE drawdown since its inception was -36.25%, smaller than the maximum H4ZX.DE drawdown of -69.32%. Use the drawdown chart below to compare losses from any high point for H410.DE and H4ZX.DE.


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Drawdown Indicators


H410.DEH4ZX.DEDifference

Max Drawdown

Largest peak-to-trough decline

-36.25%

-69.32%

+33.07%

Max Drawdown (1Y)

Largest decline over 1 year

-10.48%

-29.23%

+18.75%

Max Drawdown (5Y)

Largest decline over 5 years

-23.76%

-62.13%

+38.37%

Max Drawdown (10Y)

Largest decline over 10 years

-31.68%

Current Drawdown

Current decline from peak

-8.65%

-54.82%

+46.17%

Average Drawdown

Average peak-to-trough decline

-10.37%

-49.40%

+39.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.85%

12.98%

-10.13%

Volatility

H410.DE vs. H4ZX.DE - Volatility Comparison

The current volatility for HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) is 7.51%, while HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) has a volatility of 7.92%. This indicates that H410.DE experiences smaller price fluctuations and is considered to be less risky than H4ZX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


H410.DEH4ZX.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.51%

7.92%

-0.41%

Volatility (6M)

Calculated over the trailing 6-month period

13.11%

18.37%

-5.26%

Volatility (1Y)

Calculated over the trailing 1-year period

18.30%

28.61%

-10.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.17%

37.63%

-21.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.03%

37.85%

-19.82%