PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HDIQ.L vs. GINC.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HDIQ.L vs. GINC.L

Last updated Jul 16, 2026
Documentation

HDIQ.L (iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)) and GINC.L (First Trust Global Equity Income UCITS ETF) are both Dividend funds - HDIQ.L tracks the iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) while GINC.L tracks the First Trust Global Equity Income UCITS ETF. Both are passively managed. Over the past 5 years, HDIQ.L returned 12.28%/yr vs 12.70%/yr for GINC.L. A 0.67 correlation means they provide meaningful diversification when combined.

Performance

HDIQ.L vs. GINC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) and First Trust Global Equity Income UCITS ETF (GINC.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with HDIQ.L having a 13.03% return and GINC.L slightly lower at 12.60%.

HDIQ.L

1D
-0.54%
1M
-1.79%
6M
11.38%
YTD
13.03%
1Y
22.75%
3Y*
16.55%
5Y*
12.28%
10Y*
10.45%

GINC.L

1D
-0.20%
1M
0.57%
6M
10.26%
YTD
12.60%
1Y
28.66%
3Y*
19.76%
5Y*
12.70%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HDIQ.L vs. GINC.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HDIQ.L
iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)		13.03%8.74%17.34%8.04%4.90%23.47%-3.34%17.58%-0.65%6.76%
GINC.L
First Trust Global Equity Income UCITS ETF		12.60%30.32%6.57%10.62%4.04%10.87%-8.93%11.11%-6.13%11.75%

Correlation

The correlation between HDIQ.L and GINC.L is 0.52, 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

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Oct 21, 2016

0.67

The correlation between HDIQ.L and GINC.L shifts across timeframes, from 0.51 (3 years) to 0.67 (all time), 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.

iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)

First Trust Global Equity Income UCITS ETF

Return for Risk

HDIQ.L vs. GINC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HDIQ.L
HDIQ.L Risk / Return Rank: 9090
Overall Rank
HDIQ.L Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
HDIQ.L Sortino Ratio Rank: 9090
Sortino Ratio Rank
HDIQ.L Omega Ratio Rank: 8989
Omega Ratio Rank
HDIQ.L Calmar Ratio Rank: 9292
Calmar Ratio Rank
HDIQ.L Martin Ratio Rank: 9090
Martin Ratio Rank
GINC.L
GINC.L Risk / Return Rank: 9393
Overall Rank
GINC.L Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
GINC.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
GINC.L Omega Ratio Rank: 9292
Omega Ratio Rank
GINC.L Calmar Ratio Rank: 9393
Calmar Ratio Rank
GINC.L Martin Ratio Rank: 9191
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.

HDIQ.L vs. GINC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) and First Trust Global Equity Income UCITS ETF (GINC.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

HDIQ.LGINC.LDifference
Sharpe ratioReturn per unit of total volatility
2.39
2.83

-0.44

Sortino ratioReturn per unit of downside risk
3.43
3.67

-0.24

Omega ratioGain probability vs. loss probability

1.45

1.50

-0.06

Calmar ratioReturn relative to maximum drawdown

4.79

5.26

-0.47

Martin ratioReturn relative to average drawdown

16.29

17.20

-0.91

HDIQ.L vs. GINC.L - Sharpe Ratio Comparison

The current HDIQ.L Sharpe Ratio is 2.39, which is comparable to the GINC.L Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of HDIQ.L and GINC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

HDIQ.L vs. GINC.L - Drawdown Comparison

The maximum HDIQ.L drawdown since its inception was -41.26%, which is greater than GINC.L's maximum drawdown of -29.42%. Use the drawdown chart below to compare losses from any high point for HDIQ.L and GINC.L.

Loading charts...

Drawdown Indicators

HDIQ.LGINC.LDifference

Max Drawdown

Largest peak-to-trough decline

-41.26%

-29.42%

-11.84%

Max Drawdown (1Y)

Largest decline over 1 year

-5.06%

-5.51%

+0.45%

Max Drawdown (3Y)

Largest decline over 3 years

-18.80%

-12.34%

-6.46%

Max Drawdown (5Y)

Largest decline over 5 years

-18.80%

-12.34%

-6.46%

Max Drawdown (10Y)

Largest decline over 10 years

-24.46%

—

—

Current Drawdown

Current decline from peak

-2.55%

-0.75%

-1.80%

Average Drawdown

Average peak-to-trough decline

-8.60%

-5.97%

-2.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

1.69%

-0.20%

Volatility

HDIQ.L vs. GINC.L - Volatility Comparison

iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) has a higher volatility of 2.84% compared to First Trust Global Equity Income UCITS ETF (GINC.L) at 2.36%. This indicates that HDIQ.L's price experiences larger fluctuations and is considered to be riskier than GINC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

HDIQ.LGINC.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.84%

2.36%

+0.48%

Volatility (6M)

Calculated over the trailing 6-month period

7.59%

7.63%

-0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

10.23%

10.25%

-0.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.05%

12.44%

+0.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.25%

15.28%

-1.03%

Dividends

HDIQ.L vs. GINC.L - Dividend Comparison

HDIQ.L's dividend yield for the trailing twelve months is around 1.53%, less than GINC.L's 3.38% yield.

PositionTTM20252024202320222021202020192018201720162015
GINC.L
First Trust Global Equity Income UCITS ETF		3.38%3.67%4.33%5.62%5.35%3.84%3.47%3.95%3.66%3.20%0.00%0.00%
HDIQ.L
iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)		1.53%1.69%1.90%2.05%2.28%2.04%2.71%2.43%0.00%1.13%2.13%2.40%

Frequently Asked Questions

HDIQ.L and GINC.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HDIQ.L tracks iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist), while GINC.L tracks First Trust Global Equity Income UCITS ETF. They also come from different issuers: iShares and First Trust.

Portfolio Optimizer

Find the right allocation for HDIQ.L and GINC.L

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