H4ZY.DE vs. H4ZE.DE
Compare and contrast key facts about HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) and HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE).
H4ZY.DE and H4ZE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. H4ZY.DE is a passively managed fund by HSBC that tracks the performance of the MSCI World. It was launched on Jun 28, 2022. H4ZE.DE is a passively managed fund by HSBC that tracks the performance of the MSCI Europe. It was launched on Jun 1, 2010. Both H4ZY.DE and H4ZE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
H4ZY.DE vs. H4ZE.DE - Performance Comparison
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H4ZY.DE vs. H4ZE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
H4ZY.DE HSBC MSCI World UCITS ETF USD (Acc) | -1.34% | 7.98% | 25.90% | 20.32% | -4.03% |
H4ZE.DE HSBC MSCI Europe UCITS ETF EUR | 1.50% | 20.37% | 10.54% | 15.61% | 3.01% |
Returns By Period
In the year-to-date period, H4ZY.DE achieves a -1.34% return, which is significantly lower than H4ZE.DE's 1.50% return.
H4ZY.DE
- 1D
- 2.06%
- 1M
- -3.12%
- YTD
- -1.34%
- 6M
- 2.03%
- 1Y
- 12.17%
- 3Y*
- 15.12%
- 5Y*
- —
- 10Y*
- —
H4ZE.DE
- 1D
- 2.44%
- 1M
- -3.75%
- YTD
- 1.50%
- 6M
- 6.61%
- 1Y
- 13.48%
- 3Y*
- 13.08%
- 5Y*
- 10.43%
- 10Y*
- 9.26%
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H4ZY.DE vs. H4ZE.DE - Expense Ratio Comparison
H4ZY.DE has a 0.15% expense ratio, which is higher than H4ZE.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
H4ZY.DE vs. H4ZE.DE — Risk / Return Rank
H4ZY.DE
H4ZE.DE
H4ZY.DE vs. H4ZE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) and HSBC MSCI Europe UCITS ETF EUR (H4ZE.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.
| H4ZY.DE | H4ZE.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 0.89 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.08 | 1.22 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.39 | -0.05 |
Martin ratioReturn relative to average drawdown | 6.12 | 5.32 | +0.81 |
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
| H4ZY.DE | H4ZE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.89 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.49 | +0.42 |
Correlation
The correlation between H4ZY.DE and H4ZE.DE is 0.75, 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.
Dividends
H4ZY.DE vs. H4ZE.DE - Dividend Comparison
H4ZY.DE has not paid dividends to shareholders, while H4ZE.DE's dividend yield for the trailing twelve months is around 2.57%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZY.DE HSBC MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
H4ZE.DE HSBC MSCI Europe UCITS ETF EUR | 2.57% | 2.58% | 5.12% | 2.81% | 3.03% | 2.09% | 2.15% | 2.91% | 3.35% | 2.75% | 2.88% | 2.69% |
Drawdowns
H4ZY.DE vs. H4ZE.DE - Drawdown Comparison
The maximum H4ZY.DE drawdown since its inception was -21.94%, smaller than the maximum H4ZE.DE drawdown of -35.52%. Use the drawdown chart below to compare losses from any high point for H4ZY.DE and H4ZE.DE.
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Drawdown Indicators
| H4ZY.DE | H4ZE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.94% | -35.52% | +13.58% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -12.45% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.52% | — |
Current DrawdownCurrent decline from peak | -4.08% | -5.38% | +1.30% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -5.76% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 2.63% | -0.63% |
Volatility
H4ZY.DE vs. H4ZE.DE - Volatility Comparison
The current volatility for HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) is 4.34%, while HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) has a volatility of 5.84%. This indicates that H4ZY.DE experiences smaller price fluctuations and is considered to be less risky than H4ZE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H4ZY.DE | H4ZE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 5.84% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 8.41% | 9.18% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.35% | 15.14% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.61% | 14.08% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.61% | 15.46% | -1.85% |