H4ZJ.DE vs. QUAL
Compare and contrast key facts about HSBC MSCI World UCITS ETF USD (H4ZJ.DE) and iShares Edge MSCI USA Quality Factor ETF (QUAL).
H4ZJ.DE and QUAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. H4ZJ.DE is a passively managed fund by HSBC that tracks the performance of the MSCI World. It was launched on Dec 8, 2010. QUAL is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality Index. It was launched on Jul 16, 2013. Both H4ZJ.DE and QUAL 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: H4ZJ.DE or QUAL.
Key characteristics
| H4ZJ.DE | QUAL | |
|---|---|---|
| YTD Return | 24.42% | 26.02% |
| 1Y Return | 31.86% | 35.29% |
| 3Y Return (Ann) | 9.54% | 9.63% |
| 5Y Return (Ann) | 13.36% | 15.42% |
| 10Y Return (Ann) | 12.06% | 13.39% |
| Sharpe Ratio | 2.83 | 2.79 |
| Sortino Ratio | 3.79 | 3.84 |
| Omega Ratio | 1.59 | 1.52 |
| Calmar Ratio | 3.58 | 4.59 |
| Martin Ratio | 16.65 | 17.58 |
| Ulcer Index | 1.88% | 1.99% |
| Daily Std Dev | 11.00% | 12.57% |
| Max Drawdown | -33.60% | -34.06% |
| Current Drawdown | -0.35% | -0.19% |
Correlation
The correlation between H4ZJ.DE and QUAL is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
H4ZJ.DE vs. QUAL - Performance Comparison
In the year-to-date period, H4ZJ.DE achieves a 24.42% return, which is significantly lower than QUAL's 26.02% return. Over the past 10 years, H4ZJ.DE has underperformed QUAL with an annualized return of 12.06%, while QUAL has yielded a comparatively higher 13.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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H4ZJ.DE vs. QUAL - Expense Ratio Comparison
Both H4ZJ.DE and QUAL have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
H4ZJ.DE vs. QUAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World UCITS ETF USD (H4ZJ.DE) and iShares Edge MSCI USA Quality Factor ETF (QUAL). 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
H4ZJ.DE vs. QUAL - Dividend Comparison
H4ZJ.DE's dividend yield for the trailing twelve months is around 0.67%, less than QUAL's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZJ.DE HSBC MSCI World UCITS ETF USD | 0.67% | 1.73% | 1.88% | 1.49% | 1.73% | 2.13% | 2.56% | 2.16% | 2.11% | 2.09% | 2.25% | 0.50% |
QUAL iShares Edge MSCI USA Quality Factor ETF | 0.98% | 1.23% | 1.59% | 1.20% | 1.39% | 1.60% | 2.00% | 1.76% | 1.96% | 1.63% | 1.35% | 0.63% |
Drawdowns
H4ZJ.DE vs. QUAL - Drawdown Comparison
The maximum H4ZJ.DE drawdown since its inception was -33.60%, roughly equal to the maximum QUAL drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for H4ZJ.DE and QUAL. For additional features, visit the drawdowns tool.
Volatility
H4ZJ.DE vs. QUAL - Volatility Comparison
The current volatility for HSBC MSCI World UCITS ETF USD (H4ZJ.DE) is 3.05%, while iShares Edge MSCI USA Quality Factor ETF (QUAL) has a volatility of 3.63%. This indicates that H4ZJ.DE experiences smaller price fluctuations and is considered to be less risky than QUAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.