H41G.DE vs. ISPA.DE
H41G.DE (HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both Global Equities funds - H41G.DE tracks the MSCI World Small Cap SRI ESG Leaders Select while ISPA.DE tracks the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 3 years, H41G.DE returned 12.01%/yr vs 18.65%/yr for ISPA.DE. A 0.73 correlation means they provide meaningful diversification when combined. H41G.DE charges 0.25%/yr vs 0.46%/yr for ISPA.DE.
Performance
H41G.DE vs. ISPA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H41G.DE achieves a 12.22% return, which is significantly lower than ISPA.DE's 13.48% return.
H41G.DE
- 1D
- 0.61%
- 1M
- 2.87%
- YTD
- 12.22%
- 6M
- 13.07%
- 1Y
- 23.63%
- 3Y*
- 12.01%
- 5Y*
- —
- 10Y*
- —
ISPA.DE
- 1D
- 0.49%
- 1M
- 1.28%
- YTD
- 13.48%
- 6M
- 15.35%
- 1Y
- 29.45%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
H41G.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
H41G.DE HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) | 12.22% | 3.96% | 12.21% | 11.87% | -2.26% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 5.23% |
Correlation
The correlation between H41G.DE and ISPA.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2022 | 0.73 |
The correlation between H41G.DE and ISPA.DE has been stable across timeframes, ranging from 0.73 to 0.73 - 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
H41G.DE vs. ISPA.DE — Risk / Return Rank
H41G.DE
ISPA.DE
H41G.DE vs. ISPA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) (H41G.DE) and iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| H41G.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.62 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 8.10 | -5.21 |
| Martin ratioReturn relative to average drawdown | 10.99 | 28.73 | -17.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| H41G.DE | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 3.35 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.91 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.68 | -0.02 |
Drawdowns
H41G.DE vs. ISPA.DE - Drawdown Comparison
The maximum H41G.DE drawdown since its inception was -24.84%, smaller than the maximum ISPA.DE drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for H41G.DE and ISPA.DE.
Loading charts...
Drawdown Indicators
| H41G.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.84% | -38.91% | +14.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -3.63% | -4.49% |
Max Drawdown (3Y)Largest decline over 3 years | -24.84% | -15.10% | -9.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.10% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.91% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.09% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -4.46% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 1.03% | +1.11% |
Volatility
H41G.DE vs. ISPA.DE - Volatility Comparison
HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) (H41G.DE) has a higher volatility of 3.35% compared to iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) at 2.62%. This indicates that H41G.DE's price experiences larger fluctuations and is considered to be riskier than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H41G.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 2.62% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 9.50% | 6.51% | +2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.30% | 8.77% | +4.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 12.00% | +3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 14.79% | +0.92% |
H41G.DE vs. ISPA.DE - Expense Ratio Comparison
H41G.DE has a 0.25% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
H41G.DE vs. ISPA.DE - Dividend Comparison
H41G.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H41G.DE HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
H41G.DE and ISPA.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H41G.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H41G.DE is cheaper with a 0.25% expense ratio, compared with 0.46% for ISPA.DE.
H41G.DE tracks MSCI World Small Cap SRI ESG Leaders Select, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. They also come from different issuers: HSBC and iShares. Their fees differ too: 0.25% for H41G.DE and 0.46% for ISPA.DE.
Find the right allocation for H41G.DE and ISPA.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