H4ZE.DE vs. SWDA.L
Compare and contrast key facts about HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
H4ZE.DE and SWDA.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. SWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both H4ZE.DE and SWDA.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 SWDA.L.
Performance
H4ZE.DE vs. SWDA.L - Performance Comparison
Returns By Period
In the year-to-date period, H4ZE.DE achieves a 4.64% return, which is significantly lower than SWDA.L's 19.86% return. Over the past 10 years, H4ZE.DE has underperformed SWDA.L with an annualized return of 3.65%, while SWDA.L has yielded a comparatively higher 12.29% annualized return.
H4ZE.DE
4.64%
-3.96%
-5.50%
9.98%
4.46%
3.65%
SWDA.L
19.86%
2.64%
8.22%
24.86%
12.63%
12.29%
Key characteristics
| H4ZE.DE | SWDA.L | |
|---|---|---|
| Sharpe Ratio | 0.91 | 2.45 |
| Sortino Ratio | 1.28 | 3.44 |
| Omega Ratio | 1.16 | 1.47 |
| Calmar Ratio | 1.30 | 4.07 |
| Martin Ratio | 3.71 | 17.96 |
| Ulcer Index | 2.59% | 1.38% |
| Daily Std Dev | 10.58% | 10.07% |
| Max Drawdown | -35.52% | -25.58% |
| Current Drawdown | -5.89% | -0.53% |
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H4ZE.DE vs. SWDA.L - Expense Ratio Comparison
H4ZE.DE has a 0.10% expense ratio, which is lower than SWDA.L's 0.20% 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 SWDA.L is 0.77, 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. SWDA.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 iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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. SWDA.L - Dividend Comparison
Neither H4ZE.DE nor SWDA.L has paid dividends to shareholders.
Drawdowns
H4ZE.DE vs. SWDA.L - Drawdown Comparison
The maximum H4ZE.DE drawdown since its inception was -35.52%, which is greater than SWDA.L's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for H4ZE.DE and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
H4ZE.DE vs. SWDA.L - Volatility Comparison
HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) has a higher volatility of 4.70% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 3.25%. This indicates that H4ZE.DE's price experiences larger fluctuations and is considered to be riskier than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.