HBGD.TO vs. IS3S.DE
HBGD.TO (Global X Big Data & Hardware Index ETF) and IS3S.DE (iShares Edge MSCI World Value Factor UCITS ETF) are both Global Equities funds. Over the past 5 years, HBGD.TO returned 61.94%/yr vs 19.77%/yr for IS3S.DE. At a 0.31 correlation, their price movements are largely independent. HBGD.TO charges 0.64%/yr vs 0.30%/yr for IS3S.DE.
Performance
HBGD.TO vs. IS3S.DE - Performance Comparison
Loading charts...
Different Trading Currencies
HBGD.TO is traded in CAD, while IS3S.DE is traded in EUR. To make them comparable, the IS3S.DE values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HBGD.TO achieves a 82.51% return, which is significantly higher than IS3S.DE's 36.71% return.
HBGD.TO
- 1D
- -1.98%
- 1M
- 29.31%
- YTD
- 82.51%
- 6M
- 82.99%
- 1Y
- 184.36%
- 3Y*
- 67.20%
- 5Y*
- 61.94%
- 10Y*
- —
IS3S.DE
- 1D
- 0.22%
- 1M
- 17.61%
- YTD
- 36.71%
- 6M
- 39.08%
- 1Y
- 70.15%
- 3Y*
- 32.19%
- 5Y*
- 19.77%
- 10Y*
- 13.84%
HBGD.TO vs. IS3S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HBGD.TO Global X Big Data & Hardware Index ETF | 82.51% | 53.48% | 15.92% | 129.66% | -56.87% | 375.98% | 117.21% | 41.31% | -100.00% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 36.71% | 34.79% | 13.80% | 16.64% | -4.38% | 19.96% | -6.30% | 14.46% | -10.05% |
Correlation
The correlation between HBGD.TO and IS3S.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2018 | 0.31 |
The correlation between HBGD.TO and IS3S.DE shifts across timeframes, from 0.31 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HBGD.TO vs. IS3S.DE — Risk / Return Rank
HBGD.TO
IS3S.DE
HBGD.TO vs. IS3S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Big Data & Hardware Index ETF (HBGD.TO) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.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.
| HBGD.TO | IS3S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.88 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 8.40 | 9.46 | -1.06 |
| Martin ratioReturn relative to average drawdown | 25.05 | 34.58 | -9.53 |
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 charts...
Sharpe Ratios by Period
| HBGD.TO | IS3S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.84 | 4.79 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 1.42 | -0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.74 | 0.84 | -1.58 |
Drawdowns
HBGD.TO vs. IS3S.DE - Drawdown Comparison
The maximum HBGD.TO drawdown since its inception was -100.00%, which is greater than IS3S.DE's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and IS3S.DE.
Loading charts...
Drawdown Indicators
| HBGD.TO | IS3S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -30.05% | -69.95% |
Max Drawdown (1Y)Largest decline over 1 year | -22.09% | -7.38% | -14.71% |
Max Drawdown (3Y)Largest decline over 3 years | -38.68% | -17.05% | -21.63% |
Max Drawdown (5Y)Largest decline over 5 years | -63.43% | -19.12% | -44.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.05% | — |
Current DrawdownCurrent decline from peak | -99.97% | 0.00% | -99.97% |
Average DrawdownAverage peak-to-trough decline | -99.99% | -4.95% | -95.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 2.02% | +5.37% |
Volatility
HBGD.TO vs. IS3S.DE - Volatility Comparison
Global X Big Data & Hardware Index ETF (HBGD.TO) has a higher volatility of 13.31% compared to iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) at 6.01%. This indicates that HBGD.TO's price experiences larger fluctuations and is considered to be riskier than IS3S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HBGD.TO | IS3S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.31% | 6.01% | +7.30% |
Volatility (6M)Calculated over the trailing 6-month period | 28.67% | 11.78% | +16.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.34% | 14.57% | +23.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.54% | 13.76% | +82.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.39% | 14.83% | +72.56% |
HBGD.TO vs. IS3S.DE - Expense Ratio Comparison
HBGD.TO has a 0.64% expense ratio, which is higher than IS3S.DE's 0.30% expense ratio.
Dividends
HBGD.TO vs. IS3S.DE - Dividend Comparison
HBGD.TO's dividend yield for the trailing twelve months is around 0.21%, while IS3S.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HBGD.TO Global X Big Data & Hardware Index ETF | 0.21% | 0.39% | 0.53% | 0.64% | 1.22% | 0.83% | 0.32% | 1.52% | 0.68% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HBGD.TO and IS3S.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3S.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3S.DE is cheaper with a 0.30% expense ratio, compared with 0.64% for HBGD.TO.
They also come from different issuers: Global X and iShares. Their fees differ too: 0.64% for HBGD.TO and 0.30% for IS3S.DE.
Find the right allocation for HBGD.TO and IS3S.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer