H4ZA.DE vs. 18M2.DE
H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) and 18M2.DE (Amundi ETF MSCI EMU High Dividend UCITS ETF EUR) are both Europe Equities funds - H4ZA.DE tracks the EURO STOXX® 50 while 18M2.DE tracks the MSCI EMU High Dividend Yield. Both are passively managed. Over the past 10 years, H4ZA.DE returned 10.80%/yr vs 8.26%/yr for 18M2.DE. Their correlation of 0.86 suggests significant overlap in exposure. H4ZA.DE charges 0.05%/yr vs 0.30%/yr for 18M2.DE.
Performance
H4ZA.DE vs. 18M2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H4ZA.DE achieves a 7.24% return, which is significantly higher than 18M2.DE's 6.76% return. Over the past 10 years, H4ZA.DE has outperformed 18M2.DE with an annualized return of 10.80%, while 18M2.DE has yielded a comparatively lower 8.26% annualized return.
H4ZA.DE
- 1D
- 0.77%
- 1M
- 1.94%
- YTD
- 7.24%
- 6M
- 8.59%
- 1Y
- 15.63%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
18M2.DE
- 1D
- 0.32%
- 1M
- -0.40%
- YTD
- 6.76%
- 6M
- 8.83%
- 1Y
- 15.64%
- 3Y*
- 12.13%
- 5Y*
- 8.90%
- 10Y*
- 8.26%
H4ZA.DE vs. 18M2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
18M2.DE Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 6.76% | 21.49% | 3.36% | 16.14% | -6.47% | 16.02% | -6.39% | 24.91% | -4.44% | 7.99% |
Correlation
The correlation between H4ZA.DE and 18M2.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 | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.86 |
The correlation between H4ZA.DE and 18M2.DE shifts across timeframes, from 0.73 (1 year) to 0.87 (10 years), reflecting how their relationship changes across market environments.
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
H4ZA.DE vs. 18M2.DE — Risk / Return Rank
H4ZA.DE
18M2.DE
H4ZA.DE vs. 18M2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) and Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.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.
| H4ZA.DE | 18M2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 2.55 | -1.12 |
| Martin ratioReturn relative to average drawdown | 4.85 | 6.71 | -1.86 |
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
| H4ZA.DE | 18M2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.49 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.66 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.53 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.44 | -0.03 |
Drawdowns
H4ZA.DE vs. 18M2.DE - Drawdown Comparison
The maximum H4ZA.DE drawdown since its inception was -38.41%, roughly equal to the maximum 18M2.DE drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for H4ZA.DE and 18M2.DE.
Loading charts...
Drawdown Indicators
| H4ZA.DE | 18M2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.41% | -37.06% | -1.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -6.19% | -4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -14.68% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -23.26% | -20.81% | -2.45% |
Max Drawdown (10Y)Largest decline over 10 years | -38.41% | -37.06% | -1.35% |
Current DrawdownCurrent decline from peak | -0.50% | -1.44% | +0.94% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -6.42% | -1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 2.36% | +0.88% |
Volatility
H4ZA.DE vs. 18M2.DE - Volatility Comparison
HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) has a higher volatility of 4.95% compared to Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.DE) at 2.63%. This indicates that H4ZA.DE's price experiences larger fluctuations and is considered to be riskier than 18M2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H4ZA.DE | 18M2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 2.63% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 8.33% | +4.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 10.62% | +5.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 13.41% | +4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 15.44% | +2.73% |
H4ZA.DE vs. 18M2.DE - Expense Ratio Comparison
H4ZA.DE has a 0.05% expense ratio, which is lower than 18M2.DE's 0.30% expense ratio.
Dividends
H4ZA.DE vs. 18M2.DE - Dividend Comparison
H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%, while 18M2.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
18M2.DE Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
Frequently Asked Questions
H4ZA.DE and 18M2.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, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for 18M2.DE.
H4ZA.DE tracks EURO STOXX® 50, while 18M2.DE tracks MSCI EMU High Dividend Yield. They also come from different issuers: HSBC and Amundi. Their fees differ too: 0.05% for H4ZA.DE and 0.30% for 18M2.DE.
Find the right allocation for H4ZA.DE and 18M2.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