H4ZX.DE vs. DR7E.DE
H4ZX.DE (HSBC Hang Seng TECH UCITS ETF HKD) and DR7E.DE (Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating) are both Technology Equities funds - H4ZX.DE tracks the Hang Seng TECH while DR7E.DE tracks the Solactive Autonomous & Electric Vehicles. Both are passively managed. Over the past 3 years, H4ZX.DE returned 6.77%/yr vs 18.20%/yr for DR7E.DE. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
H4ZX.DE vs. DR7E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, H4ZX.DE achieves a -10.21% return, which is significantly lower than DR7E.DE's 41.08% return.
H4ZX.DE
- 1D
- -0.76%
- 1M
- 1.65%
- YTD
- -10.21%
- 6M
- -11.15%
- 1Y
- -6.78%
- 3Y*
- 6.77%
- 5Y*
- -8.49%
- 10Y*
- —
DR7E.DE
- 1D
- -1.47%
- 1M
- 9.59%
- YTD
- 41.08%
- 6M
- 40.29%
- 1Y
- 85.24%
- 3Y*
- 18.20%
- 5Y*
- —
- 10Y*
- —
H4ZX.DE vs. DR7E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
H4ZX.DE HSBC Hang Seng TECH UCITS ETF HKD | -10.21% | 10.69% | 28.06% | -11.53% | -20.44% | -13.99% |
DR7E.DE Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 41.08% | 15.37% | 0.76% | 23.30% | -30.28% | -2.43% |
Correlation
The correlation between H4ZX.DE and DR7E.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.52 |
The correlation between H4ZX.DE and DR7E.DE has been stable across timeframes, ranging from 0.52 to 0.57 - a consistent structural relationship.
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Return for Risk
H4ZX.DE vs. DR7E.DE — Risk / Return Rank
H4ZX.DE
DR7E.DE
H4ZX.DE vs. DR7E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) and Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.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.
| H4ZX.DE | DR7E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.92 | ||
| Sortino ratioReturn per unit of downside risk | -4.77 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.57 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 8.52 | -8.75 |
| Martin ratioReturn relative to average drawdown | -0.41 | 24.61 | -25.02 |
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
| H4ZX.DE | DR7E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | 3.67 | -3.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.20 | 0.29 | -0.49 |
Drawdowns
H4ZX.DE vs. DR7E.DE - Drawdown Comparison
The maximum H4ZX.DE drawdown since its inception was -69.32%, which is greater than DR7E.DE's maximum drawdown of -40.66%. Use the drawdown chart below to compare losses from any high point for H4ZX.DE and DR7E.DE.
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Drawdown Indicators
| H4ZX.DE | DR7E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | -40.66% | -28.66% |
Max Drawdown (1Y)Largest decline over 1 year | -30.08% | -9.95% | -20.13% |
Max Drawdown (3Y)Largest decline over 3 years | -33.31% | -33.99% | +0.68% |
Max Drawdown (5Y)Largest decline over 5 years | -60.34% | — | — |
Current DrawdownCurrent decline from peak | -52.22% | -2.08% | -50.14% |
Average DrawdownAverage peak-to-trough decline | -49.50% | -18.33% | -31.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.57% | 3.45% | +13.12% |
Volatility
H4ZX.DE vs. DR7E.DE - Volatility Comparison
HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) and Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE) have volatilities of 10.02% and 9.64%, 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.
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Volatility by Period
| H4ZX.DE | DR7E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.02% | 9.64% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.64% | 16.91% | +1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.17% | 23.14% | +3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.84% | 25.01% | +12.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.65% | 25.01% | +12.64% |
H4ZX.DE vs. DR7E.DE - Expense Ratio Comparison
Both H4ZX.DE and DR7E.DE have an expense ratio of 0.50%.
Dividends
H4ZX.DE vs. DR7E.DE - Dividend Comparison
Neither H4ZX.DE nor DR7E.DE has paid dividends to shareholders.
Frequently Asked Questions
H4ZX.DE and DR7E.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZX.DE and DR7E.DE have the same expense ratio: 0.50% per year.
H4ZX.DE tracks Hang Seng TECH, while DR7E.DE tracks Solactive Autonomous & Electric Vehicles. They also come from different issuers: HSBC and Global X.
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