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H4ZX.DE vs. E908.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

H4ZX.DE vs. E908.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) and Amundi TecDAX UCITS ETF Dist (E908.DE). The values are adjusted to include any dividend payments, if applicable.

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H4ZX.DE vs. E908.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
H4ZX.DE
HSBC Hang Seng TECH UCITS ETF HKD
-13.96%10.69%28.06%-11.53%-20.44%-29.60%2.10%
E908.DE
Amundi TecDAX UCITS ETF Dist
-3.65%5.30%2.57%12.83%-25.90%21.42%3.40%

Returns By Period

In the year-to-date period, H4ZX.DE achieves a -13.96% return, which is significantly lower than E908.DE's -3.65% return.


H4ZX.DE

1D
0.88%
1M
-3.54%
YTD
-13.96%
6M
-25.69%
1Y
-18.02%
3Y*
1.73%
5Y*
-10.78%
10Y*

E908.DE

1D
2.26%
1M
-6.31%
YTD
-3.65%
6M
-5.37%
1Y
-4.56%
3Y*
1.14%
5Y*
-0.22%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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H4ZX.DE vs. E908.DE - Expense Ratio Comparison

H4ZX.DE has a 0.50% expense ratio, which is higher than E908.DE's 0.40% expense ratio.


Return for Risk

H4ZX.DE vs. E908.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

H4ZX.DE
H4ZX.DE Risk / Return Rank: 33
Overall Rank
H4ZX.DE Sharpe Ratio Rank: 33
Sharpe Ratio Rank
H4ZX.DE Sortino Ratio Rank: 33
Sortino Ratio Rank
H4ZX.DE Omega Ratio Rank: 33
Omega Ratio Rank
H4ZX.DE Calmar Ratio Rank: 33
Calmar Ratio Rank
H4ZX.DE Martin Ratio Rank: 22
Martin Ratio Rank

E908.DE
E908.DE Risk / Return Rank: 88
Overall Rank
E908.DE Sharpe Ratio Rank: 88
Sharpe Ratio Rank
E908.DE Sortino Ratio Rank: 77
Sortino Ratio Rank
E908.DE Omega Ratio Rank: 77
Omega Ratio Rank
E908.DE Calmar Ratio Rank: 88
Calmar Ratio Rank
E908.DE Martin Ratio Rank: 88
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

H4ZX.DE vs. E908.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 Amundi TecDAX UCITS ETF Dist (E908.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.DEE908.DEDifference

Sharpe ratio

Return per unit of total volatility

-0.63

-0.24

-0.39

Sortino ratio

Return per unit of downside risk

-0.75

-0.20

-0.55

Omega ratio

Gain probability vs. loss probability

0.91

0.98

-0.06

Calmar ratio

Return relative to maximum drawdown

-0.59

-0.24

-0.35

Martin ratio

Return relative to average drawdown

-1.30

-0.50

-0.80

H4ZX.DE vs. E908.DE - Sharpe Ratio Comparison

The current H4ZX.DE Sharpe Ratio is -0.63, which is lower than the E908.DE Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of H4ZX.DE and E908.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


H4ZX.DEE908.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.63

-0.24

-0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.28

-0.01

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.23

0.38

-0.61

Correlation

The correlation between H4ZX.DE and E908.DE is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

H4ZX.DE vs. E908.DE - Dividend Comparison

H4ZX.DE has not paid dividends to shareholders, while E908.DE's dividend yield for the trailing twelve months is around 1.04%.


TTM202520242023202220212020201920182017
H4ZX.DE
HSBC Hang Seng TECH UCITS ETF HKD
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
E908.DE
Amundi TecDAX UCITS ETF Dist
1.04%1.00%1.00%1.71%1.08%0.50%0.60%0.93%0.90%0.84%

Drawdowns

H4ZX.DE vs. E908.DE - Drawdown Comparison

The maximum H4ZX.DE drawdown since its inception was -69.32%, which is greater than E908.DE's maximum drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for H4ZX.DE and E908.DE.


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Drawdown Indicators


H4ZX.DEE908.DEDifference

Max Drawdown

Largest peak-to-trough decline

-69.32%

-34.82%

-34.50%

Max Drawdown (1Y)

Largest decline over 1 year

-28.90%

-15.93%

-12.97%

Max Drawdown (5Y)

Largest decline over 5 years

-62.13%

-34.82%

-27.31%

Current Drawdown

Current decline from peak

-54.21%

-14.29%

-39.92%

Average Drawdown

Average peak-to-trough decline

-49.39%

-10.70%

-38.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.07%

7.46%

+5.61%

Volatility

H4ZX.DE vs. E908.DE - Volatility Comparison

HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) has a higher volatility of 8.03% compared to Amundi TecDAX UCITS ETF Dist (E908.DE) at 6.80%. This indicates that H4ZX.DE's price experiences larger fluctuations and is considered to be riskier than E908.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


H4ZX.DEE908.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.03%

6.80%

+1.23%

Volatility (6M)

Calculated over the trailing 6-month period

18.35%

13.20%

+5.15%

Volatility (1Y)

Calculated over the trailing 1-year period

28.59%

19.23%

+9.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.64%

18.58%

+19.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.86%

19.30%

+18.56%