H4ZY.DE vs. SPYL.DE
Compare and contrast key facts about HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) and State Street SPDR S&P 500 UCITS ETF USD Acc (SPYL.DE).
H4ZY.DE and SPYL.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. SPYL.DE is a passively managed fund by State Street that tracks the performance of the S&P 500. It was launched on Aug 1, 2025. Both H4ZY.DE and SPYL.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. SPYL.DE - Performance Comparison
Loading graphics...
H4ZY.DE vs. SPYL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
H4ZY.DE HSBC MSCI World UCITS ETF USD (Acc) | -1.27% | 7.98% | 25.90% | 9.10% |
SPYL.DE State Street SPDR S&P 500 UCITS ETF USD Acc | -2.78% | 4.71% | 32.33% | 9.54% |
Returns By Period
In the year-to-date period, H4ZY.DE achieves a -1.27% return, which is significantly higher than SPYL.DE's -2.78% return.
H4ZY.DE
- 1D
- 0.07%
- 1M
- -1.97%
- YTD
- -1.27%
- 6M
- 1.72%
- 1Y
- 12.33%
- 3Y*
- 15.05%
- 5Y*
- —
- 10Y*
- —
SPYL.DE
- 1D
- 0.22%
- 1M
- -2.52%
- YTD
- -2.78%
- 6M
- -0.07%
- 1Y
- 10.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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. SPYL.DE - Expense Ratio Comparison
H4ZY.DE has a 0.15% expense ratio, which is higher than SPYL.DE's 0.03% 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. SPYL.DE — Risk / Return Rank
H4ZY.DE
SPYL.DE
H4ZY.DE vs. SPYL.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 State Street SPDR S&P 500 UCITS ETF USD Acc (SPYL.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 | SPYL.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.61 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.09 | 0.92 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.77 | 2.38 | +0.39 |
Martin ratioReturn relative to average drawdown | 10.52 | 8.06 | +2.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| H4ZY.DE | SPYL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.61 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 1.17 | -0.26 |
Correlation
The correlation between H4ZY.DE and SPYL.DE is 0.96, 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. SPYL.DE - Dividend Comparison
Neither H4ZY.DE nor SPYL.DE has paid dividends to shareholders.
Drawdowns
H4ZY.DE vs. SPYL.DE - Drawdown Comparison
The maximum H4ZY.DE drawdown since its inception was -21.94%, smaller than the maximum SPYL.DE drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for H4ZY.DE and SPYL.DE.
Loading graphics...
Drawdown Indicators
| H4ZY.DE | SPYL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.94% | -23.27% | +1.33% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -8.34% | -0.76% |
Current DrawdownCurrent decline from peak | -4.01% | -5.00% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -3.41% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.10% | -0.38% |
Volatility
H4ZY.DE vs. SPYL.DE - Volatility Comparison
HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) has a higher volatility of 4.16% compared to State Street SPDR S&P 500 UCITS ETF USD Acc (SPYL.DE) at 3.59%. This indicates that H4ZY.DE's price experiences larger fluctuations and is considered to be riskier than SPYL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| H4ZY.DE | SPYL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 3.59% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 8.38% | 8.59% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.32% | 17.20% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 14.87% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.60% | 14.87% | -1.27% |