H412.DE vs. LCUS.DE
H412.DE (HSBC USA Sustainable Equity UCITS ETF USD) and LCUS.DE (Lyxor Core US Equity (DR) UCITS ETF - Dist) are both Large Cap Blend Equities funds - H412.DE tracks the FTSE USA ESG Low Carbon Select while LCUS.DE tracks the Russell 1000 TR USD. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. H412.DE charges 0.12%/yr vs 0.04%/yr for LCUS.DE.
Performance
H412.DE vs. LCUS.DE - Performance Comparison
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Returns By Period
H412.DE
- 1D
- 0.46%
- 1M
- 8.41%
- YTD
- 15.33%
- 6M
- 16.66%
- 1Y
- 32.69%
- 3Y*
- 18.35%
- 5Y*
- 13.98%
- 10Y*
- —
LCUS.DE
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
H412.DE vs. LCUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
H412.DE HSBC USA Sustainable Equity UCITS ETF USD | 15.33% | 6.12% | 26.73% | 17.60% | -13.13% | 39.39% | 7.92% |
LCUS.DE Lyxor Core US Equity (DR) UCITS ETF - Dist | 0.00% | 3.40% | 32.87% | 22.96% | -15.87% | 37.82% | 10.11% |
Correlation
The correlation between H412.DE and LCUS.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2020 | 0.83 |
The correlation between H412.DE and LCUS.DE shifts across timeframes, from 0.62 (3 years) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
H412.DE vs. LCUS.DE — Risk / Return Rank
H412.DE
LCUS.DE
H412.DE vs. LCUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC USA Sustainable Equity UCITS ETF USD (H412.DE) and Lyxor Core US Equity (DR) UCITS ETF - Dist (LCUS.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.
| H412.DE | LCUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.54 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | — | — |
| Martin ratioReturn relative to average drawdown | 19.52 | — | — |
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
| H412.DE | LCUS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.90 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | — | — |
Drawdowns
H412.DE vs. LCUS.DE - Drawdown Comparison
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Drawdown Indicators
| H412.DE | LCUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.35% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -5.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -24.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.35% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | — | — |
Average DrawdownAverage peak-to-trough decline | -4.12% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | — | — |
Volatility
H412.DE vs. LCUS.DE - Volatility Comparison
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Volatility by Period
| H412.DE | LCUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.23% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.70% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | — | — |
H412.DE vs. LCUS.DE - Expense Ratio Comparison
H412.DE has a 0.12% expense ratio, which is higher than LCUS.DE's 0.04% 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
H412.DE vs. LCUS.DE - Dividend Comparison
Neither H412.DE nor LCUS.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
H412.DE HSBC USA Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LCUS.DE Lyxor Core US Equity (DR) UCITS ETF - Dist | 0.00% | 0.00% | 0.84% | 0.78% | 2.27% | 1.12% | 1.52% | 1.10% | 1.30% |
Frequently Asked Questions
H412.DE and LCUS.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LCUS.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LCUS.DE is cheaper with a 0.04% expense ratio, compared with 0.12% for H412.DE.
H412.DE tracks FTSE USA ESG Low Carbon Select, while LCUS.DE tracks Russell 1000 TR USD. They also come from different issuers: HSBC and Amundi. Their fees differ too: 0.12% for H412.DE and 0.04% for LCUS.DE.
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