H4ZA.DE vs. SCHD
H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - H4ZA.DE is a Europe Equities fund tracking the EURO STOXX® 50, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, H4ZA.DE returned 10.80%/yr vs 12.47%/yr for SCHD. At a 0.39 correlation, their price movements are largely independent. H4ZA.DE charges 0.05%/yr vs 0.06%/yr for SCHD.
Performance
H4ZA.DE vs. SCHD - Performance Comparison
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Different Trading Currencies
H4ZA.DE is traded in EUR, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, H4ZA.DE achieves a 7.24% return, which is significantly lower than SCHD's 20.43% return. Over the past 10 years, H4ZA.DE has underperformed SCHD with an annualized return of 10.80%, while SCHD has yielded a comparatively higher 12.47% annualized return.
H4ZA.DE
- 1D
- 0.77%
- 1M
- 4.72%
- YTD
- 7.24%
- 6M
- 8.63%
- 1Y
- 15.73%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
SCHD
- 1D
- 0.00%
- 1M
- 2.89%
- YTD
- 20.43%
- 6M
- 19.23%
- 1Y
- 25.81%
- 3Y*
- 12.28%
- 5Y*
- 9.38%
- 10Y*
- 12.47%
H4ZA.DE vs. SCHD - 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% |
SCHD Schwab U.S. Dividend Equity ETF | 21.18% | -8.04% | 19.03% | 1.41% | 2.74% | 39.59% | 5.55% | 30.17% | -1.13% | 6.00% |
Correlation
The correlation between H4ZA.DE and SCHD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011 | 0.39 |
Over the past year, the correlation between H4ZA.DE and SCHD has dropped to 0.16 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
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Return for Risk
H4ZA.DE vs. SCHD — Risk / Return Rank
H4ZA.DE
SCHD
H4ZA.DE vs. SCHD - 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 Schwab U.S. Dividend Equity ETF (SCHD). 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 | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.39 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 6.24 | -4.81 |
| Martin ratioReturn relative to average drawdown | 4.85 | 14.97 | -10.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| H4ZA.DE | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 2.22 | -1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.65 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.72 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.88 | -0.47 |
Drawdowns
H4ZA.DE vs. SCHD - Drawdown Comparison
The maximum H4ZA.DE drawdown since its inception was -38.41%, which is greater than SCHD's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for H4ZA.DE and SCHD.
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Drawdown Indicators
| H4ZA.DE | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.41% | -32.28% | -6.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -4.15% | -6.82% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -21.40% | +5.00% |
Max Drawdown (5Y)Largest decline over 5 years | -23.26% | -21.40% | -1.86% |
Max Drawdown (10Y)Largest decline over 10 years | -38.41% | -32.28% | -6.13% |
Current DrawdownCurrent decline from peak | -0.50% | -1.46% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -4.43% | -3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 1.73% | +1.51% |
Volatility
H4ZA.DE vs. SCHD - Volatility Comparison
HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) has a higher volatility of 4.95% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.99%. This indicates that H4ZA.DE's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H4ZA.DE | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 2.99% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 8.53% | +4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 11.74% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 14.60% | +2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 17.44% | +0.73% |
H4ZA.DE vs. SCHD - Expense Ratio Comparison
H4ZA.DE has a 0.05% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
H4ZA.DE vs. SCHD - Dividend Comparison
H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%, less than SCHD's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SCHD Schwab U.S. Dividend Equity ETF | 3.24% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
H4ZA.DE and SCHD have a correlation of 0.16, 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 0.06% for SCHD.
H4ZA.DE is categorized as Europe Equities, while SCHD is Dividend. H4ZA.DE tracks EURO STOXX® 50, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: HSBC and Charles Schwab. Their fees differ too: 0.05% for H4ZA.DE and 0.06% for SCHD.
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