H4ZE.DE vs. HMEU.L
Compare and contrast key facts about HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) and HSBC MSCI Europe UCITS ETF (HMEU.L).
H4ZE.DE and HMEU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. H4ZE.DE is a passively managed fund by HSBC that tracks the performance of the MSCI Europe. It was launched on Jun 1, 2010. HMEU.L is a passively managed fund by HSBC that tracks the performance of the MSCI Europe NR EUR. It was launched on Jun 1, 2010. Both H4ZE.DE and HMEU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: H4ZE.DE or HMEU.L.
Performance
H4ZE.DE vs. HMEU.L - Performance Comparison
Returns By Period
In the year-to-date period, H4ZE.DE achieves a 4.64% return, which is significantly lower than HMEU.L's 6.12% return. Over the past 10 years, H4ZE.DE has underperformed HMEU.L with an annualized return of 3.65%, while HMEU.L has yielded a comparatively higher 7.73% annualized return.
H4ZE.DE
4.64%
-3.96%
-5.50%
9.98%
4.46%
3.65%
HMEU.L
6.12%
-3.73%
-3.16%
10.79%
7.31%
7.73%
Key characteristics
| H4ZE.DE | HMEU.L | |
|---|---|---|
| Sharpe Ratio | 0.91 | 1.07 |
| Sortino Ratio | 1.28 | 1.55 |
| Omega Ratio | 1.16 | 1.18 |
| Calmar Ratio | 1.30 | 1.95 |
| Martin Ratio | 3.71 | 5.47 |
| Ulcer Index | 2.59% | 1.96% |
| Daily Std Dev | 10.58% | 10.02% |
| Max Drawdown | -35.52% | -28.42% |
| Current Drawdown | -5.89% | -4.67% |
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H4ZE.DE vs. HMEU.L - Expense Ratio Comparison
H4ZE.DE has a 0.10% expense ratio, which is lower than HMEU.L's 0.25% 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%.
Correlation
The correlation between H4ZE.DE and HMEU.L is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
H4ZE.DE vs. HMEU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) and HSBC MSCI Europe UCITS ETF (HMEU.L). 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.
Dividends
H4ZE.DE vs. HMEU.L - Dividend Comparison
H4ZE.DE has not paid dividends to shareholders, while HMEU.L's dividend yield for the trailing twelve months is around 5.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZE.DE HSBC MSCI Europe 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% |
HMEU.L HSBC MSCI Europe UCITS ETF | 5.66% | 2.80% | 2.85% | 2.16% | 2.13% | 3.10% | 3.29% | 2.77% | 2.81% | 5.31% | 2.61% | 2.61% |
Drawdowns
H4ZE.DE vs. HMEU.L - Drawdown Comparison
The maximum H4ZE.DE drawdown since its inception was -35.52%, which is greater than HMEU.L's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for H4ZE.DE and HMEU.L. For additional features, visit the drawdowns tool.
Volatility
H4ZE.DE vs. HMEU.L - Volatility Comparison
HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) and HSBC MSCI Europe UCITS ETF (HMEU.L) have volatilities of 4.70% and 4.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.