H4Z3.DE vs. D5BI.DE
H4Z3.DE (HSBC MSCI Emerging Markets UCITS ETF USD (Acc)) and D5BI.DE (Xtrackers MSCI Mexico UCITS ETF (Acc)) are both Emerging Markets Equities funds - H4Z3.DE tracks the MSCI Emerging Markets while D5BI.DE tracks the MSCI Mexico Index. Both are passively managed. Over the past 3 years, H4Z3.DE returned 18.99%/yr vs 9.48%/yr for D5BI.DE. At a 0.46 correlation, their price movements are largely independent. H4Z3.DE charges 0.15%/yr vs 0.65%/yr for D5BI.DE.
Performance
H4Z3.DE vs. D5BI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H4Z3.DE achieves a 22.06% return, which is significantly higher than D5BI.DE's 11.27% return.
H4Z3.DE
- 1D
- 0.00%
- 1M
- -8.24%
- 6M
- 14.07%
- YTD
- 22.06%
- 1Y
- 36.90%
- 3Y*
- 18.99%
- 5Y*
- —
- 10Y*
- —
D5BI.DE
- 1D
- -1.13%
- 1M
- -3.54%
- 6M
- 4.91%
- YTD
- 11.27%
- 1Y
- 34.81%
- 3Y*
- 9.48%
- 5Y*
- 13.36%
- 10Y*
- 6.30%
H4Z3.DE vs. D5BI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
H4Z3.DE HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 22.06% | 18.60% | 13.73% | 4.66% | -5.78% |
D5BI.DE Xtrackers MSCI Mexico UCITS ETF (Acc) | 11.27% | 38.94% | -22.34% | 33.20% | 4.44% |
Correlation
The correlation between H4Z3.DE and D5BI.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2022 | 0.46 |
The correlation between H4Z3.DE and D5BI.DE has been stable across timeframes, ranging from 0.46 to 0.54 - 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
H4Z3.DE vs. D5BI.DE — Risk / Return Rank
H4Z3.DE
D5BI.DE
H4Z3.DE vs. D5BI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (H4Z3.DE) and Xtrackers MSCI Mexico UCITS ETF (Acc) (D5BI.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.
| H4Z3.DE | D5BI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.28 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 2.83 | +0.66 |
| Martin ratioReturn relative to average drawdown | 10.32 | 10.69 | -0.37 |
Loading charts...
Drawdowns
H4Z3.DE vs. D5BI.DE - Drawdown Comparison
The maximum H4Z3.DE drawdown since its inception was -18.86%, smaller than the maximum D5BI.DE drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for H4Z3.DE and D5BI.DE.
Loading charts...
Drawdown Indicators
| H4Z3.DE | D5BI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.86% | -55.39% | +36.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -11.84% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -18.86% | -30.89% | +12.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.58% | — |
Current DrawdownCurrent decline from peak | -9.42% | -4.36% | -5.06% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -19.51% | +14.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 3.14% | +0.40% |
Volatility
H4Z3.DE vs. D5BI.DE - Volatility Comparison
HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (H4Z3.DE) has a higher volatility of 8.42% compared to Xtrackers MSCI Mexico UCITS ETF (Acc) (D5BI.DE) at 5.66%. This indicates that H4Z3.DE's price experiences larger fluctuations and is considered to be riskier than D5BI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H4Z3.DE | D5BI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.42% | 5.66% | +2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 17.68% | 17.01% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.08% | 20.11% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.38% | 20.90% | -4.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 23.92% | -7.54% |
H4Z3.DE vs. D5BI.DE - Expense Ratio Comparison
H4Z3.DE has a 0.15% expense ratio, which is lower than D5BI.DE's 0.65% expense ratio.
Dividends
H4Z3.DE vs. D5BI.DE - Dividend Comparison
Neither H4Z3.DE nor D5BI.DE has paid dividends to shareholders.
Frequently Asked Questions
H4Z3.DE and D5BI.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4Z3.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4Z3.DE is cheaper with a 0.15% expense ratio, compared with 0.65% for D5BI.DE.
H4Z3.DE tracks MSCI Emerging Markets, while D5BI.DE tracks MSCI Mexico Index. They also come from different issuers: HSBC and Xtrackers. Their fees differ too: 0.15% for H4Z3.DE and 0.65% for D5BI.DE.
Find the right allocation for H4Z3.DE and D5BI.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