H4ZY.DE vs. SPY
Compare and contrast key facts about HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) and SPDR S&P 500 ETF (SPY).
H4ZY.DE and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both H4ZY.DE and SPY 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: H4ZY.DE or SPY.
Key characteristics
| H4ZY.DE | SPY | |
|---|---|---|
| YTD Return | 24.46% | 27.04% |
| 1Y Return | 32.50% | 39.75% |
| Sharpe Ratio | 2.87 | 3.15 |
| Sortino Ratio | 3.86 | 4.19 |
| Omega Ratio | 1.60 | 1.59 |
| Calmar Ratio | 3.74 | 4.60 |
| Martin Ratio | 17.67 | 20.85 |
| Ulcer Index | 1.76% | 1.85% |
| Daily Std Dev | 10.76% | 12.29% |
| Max Drawdown | -12.25% | -55.19% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between H4ZY.DE and SPY is 0.69, 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
H4ZY.DE vs. SPY - Performance Comparison
In the year-to-date period, H4ZY.DE achieves a 24.46% return, which is significantly lower than SPY's 27.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
H4ZY.DE vs. SPY - Expense Ratio Comparison
H4ZY.DE has a 0.15% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
H4ZY.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) and SPDR S&P 500 ETF (SPY). 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
H4ZY.DE vs. SPY - Dividend Comparison
H4ZY.DE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
H4ZY.DE vs. SPY - Drawdown Comparison
The maximum H4ZY.DE drawdown since its inception was -12.25%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for H4ZY.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
H4ZY.DE vs. SPY - Volatility Comparison
The current volatility for HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) is 2.98%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.95%. This indicates that H4ZY.DE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.