H41G.DE vs. XDEV.DE
H41G.DE (HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc)) and XDEV.DE (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - H41G.DE tracks the MSCI World Small Cap SRI ESG Leaders Select while XDEV.DE tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 3 years, H41G.DE returned 12.01%/yr vs 26.76%/yr for XDEV.DE. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
H41G.DE vs. XDEV.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 XDEV.DE's 35.07% return.
H41G.DE
- 1D
- 0.61%
- 1M
- 2.87%
- YTD
- 12.22%
- 6M
- 13.07%
- 1Y
- 23.63%
- 3Y*
- 12.01%
- 5Y*
- —
- 10Y*
- —
XDEV.DE
- 1D
- -0.89%
- 1M
- 11.02%
- YTD
- 35.07%
- 6M
- 38.05%
- 1Y
- 63.16%
- 3Y*
- 26.76%
- 5Y*
- 17.35%
- 10Y*
- 12.35%
H41G.DE vs. XDEV.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% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 35.07% | 24.76% | 11.62% | 15.67% | 1.20% |
Correlation
The correlation between H41G.DE and XDEV.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 (All Time) Calculated using the full available price history since Oct 26, 2022 | 0.81 |
The correlation between H41G.DE and XDEV.DE has been stable across timeframes, ranging from 0.76 to 0.81 - 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. XDEV.DE — Risk / Return Rank
H41G.DE
XDEV.DE
H41G.DE vs. XDEV.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 Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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 | XDEV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.76 | ||
| Sortino ratioReturn per unit of downside risk | -3.62 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.81 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 10.38 | -7.49 |
| Martin ratioReturn relative to average drawdown | 10.99 | 39.12 | -28.13 |
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 | XDEV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 4.52 | -2.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.71 | -0.05 |
Drawdowns
H41G.DE vs. XDEV.DE - Drawdown Comparison
The maximum H41G.DE drawdown since its inception was -24.84%, smaller than the maximum XDEV.DE drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for H41G.DE and XDEV.DE.
Loading charts...
Drawdown Indicators
| H41G.DE | XDEV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.84% | -35.28% | +10.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -6.05% | -2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -24.84% | -18.02% | -6.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.28% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.07% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -5.56% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 1.61% | +0.53% |
Volatility
H41G.DE vs. XDEV.DE - Volatility Comparison
The current volatility for HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) (H41G.DE) is 3.35%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) has a volatility of 5.77%. This indicates that H41G.DE experiences smaller price fluctuations and is considered to be less risky than XDEV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H41G.DE | XDEV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 5.77% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 9.50% | 11.20% | -1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.30% | 13.89% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 13.96% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 15.90% | -0.19% |
H41G.DE vs. XDEV.DE - Expense Ratio Comparison
Both H41G.DE and XDEV.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
H41G.DE vs. XDEV.DE - Dividend Comparison
Neither H41G.DE nor XDEV.DE has paid dividends to shareholders.
Frequently Asked Questions
H41G.DE and XDEV.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.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
H41G.DE and XDEV.DE have the same expense ratio: 0.25% per year.
H41G.DE tracks MSCI World Small Cap SRI ESG Leaders Select, while XDEV.DE tracks MSCI ACWI Value NR USD. They also come from different issuers: HSBC and DWS.
Find the right allocation for H41G.DE and XDEV.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