H41C.DE vs. IUSD.DE
H41C.DE (HSBC Developed World Sustainable Equity UCITS ETF USD) and IUSD.DE (iShares MSCI World Islamic UCITS ETF USD (Dist)) are both Global Equities funds - H41C.DE tracks the FTSE Developed ESG Low Carbon Select while IUSD.DE tracks the MSCI World Islamic Index. Both are passively managed. Over the past 5 years, H41C.DE returned 12.46%/yr vs 19.18%/yr for IUSD.DE. A 0.56 correlation means they provide meaningful diversification when combined. H41C.DE charges 0.18%/yr vs 0.60%/yr for IUSD.DE.
Performance
H41C.DE vs. IUSD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H41C.DE achieves a 15.35% return, which is significantly lower than IUSD.DE's 18.71% 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*
- —
IUSD.DE
- 1D
- 0.00%
- 1M
- 1.22%
- YTD
- 18.71%
- 6M
- 19.02%
- 1Y
- 32.47%
- 3Y*
- 14.99%
- 5Y*
- 19.18%
- 10Y*
- 11.33%
H41C.DE vs. IUSD.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% |
IUSD.DE iShares MSCI World Islamic UCITS ETF USD (Dist) | 18.71% | 6.47% | 11.91% | 63.45% | 2.92% | 2.15% | 0.74% |
Correlation
The correlation between H41C.DE and IUSD.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 (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2020 | 0.56 |
Over the past year, H41C.DE and IUSD.DE have become more correlated (0.83) than their long-term average of 0.56, meaning their price movements have been converging.
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. IUSD.DE — Risk / Return Rank
H41C.DE
IUSD.DE
H41C.DE vs. IUSD.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 MSCI World Islamic UCITS ETF USD (Dist) (IUSD.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 | IUSD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.44 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 5.36 | 6.74 | -1.38 |
| Martin ratioReturn relative to average drawdown | 22.15 | 20.22 | +1.94 |
Loading charts...
Drawdowns
H41C.DE vs. IUSD.DE - Drawdown Comparison
The maximum H41C.DE drawdown since its inception was -20.76%, smaller than the maximum IUSD.DE drawdown of -23.71%. Use the drawdown chart below to compare losses from any high point for H41C.DE and IUSD.DE.
Loading charts...
Drawdown Indicators
| H41C.DE | IUSD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.76% | -23.71% | +2.95% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -4.84% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -20.76% | -22.97% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.76% | -22.97% | +2.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.97% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.91% | +1.91% |
Average DrawdownAverage peak-to-trough decline | -3.77% | -3.41% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.61% | -0.19% |
Volatility
H41C.DE vs. IUSD.DE - Volatility Comparison
The current volatility for HSBC Developed World Sustainable Equity UCITS ETF USD (H41C.DE) is 3.10%, while iShares MSCI World Islamic UCITS ETF USD (Dist) (IUSD.DE) has a volatility of 4.80%. This indicates that H41C.DE experiences smaller price fluctuations and is considered to be less risky than IUSD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H41C.DE | IUSD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 4.80% | -1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 8.08% | 9.85% | -1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 13.08% | -2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.35% | 23.19% | -9.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 17.03% | -3.72% |
H41C.DE vs. IUSD.DE - Expense Ratio Comparison
H41C.DE has a 0.18% expense ratio, which is lower than IUSD.DE's 0.60% expense ratio.
Dividends
H41C.DE vs. IUSD.DE - Dividend Comparison
H41C.DE has not paid dividends to shareholders, while IUSD.DE's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H41C.DE HSBC Developed World Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUSD.DE iShares MSCI World Islamic UCITS ETF USD (Dist) | 0.96% | 1.14% | 1.35% | 1.60% | 2.85% | 2.11% | 1.73% | 2.15% | 1.81% | 1.64% | 1.61% | 1.75% |
Frequently Asked Questions
H41C.DE and IUSD.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, 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 0.60% for IUSD.DE.
H41C.DE tracks FTSE Developed ESG Low Carbon Select, while IUSD.DE tracks MSCI World Islamic Index. They also come from different issuers: HSBC and iShares. Their fees differ too: 0.18% for H41C.DE and 0.60% for IUSD.DE.
Find the right allocation for H41C.DE and IUSD.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