H41C.DE vs. IS3T.DE
H41C.DE (HSBC Developed World Sustainable Equity UCITS ETF USD) and IS3T.DE (iShares Edge MSCI World Size Factor UCITS ETF) are both Global Equities funds - H41C.DE tracks the FTSE Developed ESG Low Carbon Select while IS3T.DE tracks the MSCI World Mid Cap Equal Weighted. Both are passively managed. Over the past 5 years, H41C.DE returned 12.46%/yr vs 6.41%/yr for IS3T.DE. Their correlation of 0.84 suggests significant overlap in exposure. H41C.DE charges 0.18%/yr vs 0.30%/yr for IS3T.DE.
Performance
H41C.DE vs. IS3T.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H41C.DE achieves a 15.35% return, which is significantly higher than IS3T.DE's 8.90% return.
H41C.DE
- 1D
- 0.00%
- 1M
- 2.16%
- YTD
- 15.35%
- 6M
- 16.03%
- 1Y
- 31.49%
- 3Y*
- 18.40%
- 5Y*
- 12.46%
- 10Y*
- —
IS3T.DE
- 1D
- 0.37%
- 1M
- 1.82%
- YTD
- 8.90%
- 6M
- 9.88%
- 1Y
- 18.96%
- 3Y*
- 12.94%
- 5Y*
- 6.41%
- 10Y*
- 8.73%
H41C.DE vs. IS3T.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
H41C.DE HSBC Developed World Sustainable Equity UCITS ETF USD | 15.35% | 10.36% | 21.66% | 16.26% | -12.60% | 32.89% | 10.04% |
IS3T.DE iShares Edge MSCI World Size Factor UCITS ETF | 8.90% | 8.66% | 11.94% | 12.17% | -13.42% | 22.33% | 15.99% |
Correlation
The correlation between H41C.DE and IS3T.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2020 | 0.84 |
The correlation between H41C.DE and IS3T.DE has been stable across timeframes, ranging from 0.76 to 0.85 - 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
H41C.DE vs. IS3T.DE — Risk / Return Rank
H41C.DE
IS3T.DE
H41C.DE vs. IS3T.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Developed World Sustainable Equity UCITS ETF USD (H41C.DE) and iShares Edge MSCI World Size Factor UCITS ETF (IS3T.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.
| H41C.DE | IS3T.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.30 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.36 | 2.67 | +2.69 |
| Martin ratioReturn relative to average drawdown | 22.15 | 10.06 | +12.10 |
Loading charts...
Drawdowns
H41C.DE vs. IS3T.DE - Drawdown Comparison
The maximum H41C.DE drawdown since its inception was -20.76%, smaller than the maximum IS3T.DE drawdown of -36.85%. Use the drawdown chart below to compare losses from any high point for H41C.DE and IS3T.DE.
Loading charts...
Drawdown Indicators
| H41C.DE | IS3T.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.76% | -36.85% | +16.09% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -7.08% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -20.76% | -18.63% | -2.13% |
Max Drawdown (5Y)Largest decline over 5 years | -20.76% | -18.63% | -2.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.85% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.77% | -7.92% | +4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.88% | -0.46% |
Volatility
H41C.DE vs. IS3T.DE - Volatility Comparison
HSBC Developed World Sustainable Equity UCITS ETF USD (H41C.DE) has a higher volatility of 3.10% compared to iShares Edge MSCI World Size Factor UCITS ETF (IS3T.DE) at 2.22%. This indicates that H41C.DE's price experiences larger fluctuations and is considered to be riskier than IS3T.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H41C.DE | IS3T.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 2.22% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 8.08% | 8.67% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 11.65% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.35% | 13.91% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 16.11% | -2.80% |
H41C.DE vs. IS3T.DE - Expense Ratio Comparison
H41C.DE has a 0.18% expense ratio, which is lower than IS3T.DE's 0.30% expense ratio.
Dividends
H41C.DE vs. IS3T.DE - Dividend Comparison
Neither H41C.DE nor IS3T.DE has paid dividends to shareholders.
Frequently Asked Questions
H41C.DE and IS3T.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H41C.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H41C.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for IS3T.DE.
H41C.DE tracks FTSE Developed ESG Low Carbon Select, while IS3T.DE tracks MSCI World Mid Cap Equal Weighted. They also come from different issuers: HSBC and iShares. Their fees differ too: 0.18% for H41C.DE and 0.30% for IS3T.DE.
Find the right allocation for H41C.DE and IS3T.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