HEMC.L vs. VOO
Compare and contrast key facts about HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L) and Vanguard S&P 500 ETF (VOO).
HEMC.L and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEMC.L is a passively managed fund by HSBC that tracks the performance of the MSCI EM NR USD. It was launched on Jun 28, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both HEMC.L and VOO 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: HEMC.L or VOO.
Correlation
The correlation between HEMC.L and VOO is 0.49, 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
HEMC.L vs. VOO - Performance Comparison
Key characteristics
HEMC.L:
1.06
VOO:
1.88
HEMC.L:
1.55
VOO:
2.53
HEMC.L:
1.19
VOO:
1.35
HEMC.L:
1.82
VOO:
2.81
HEMC.L:
4.30
VOO:
11.78
HEMC.L:
3.20%
VOO:
2.02%
HEMC.L:
12.98%
VOO:
12.67%
HEMC.L:
-14.14%
VOO:
-33.99%
HEMC.L:
-0.02%
VOO:
0.00%
Returns By Period
In the year-to-date period, HEMC.L achieves a 5.58% return, which is significantly higher than VOO's 4.61% return.
HEMC.L
5.58%
2.10%
7.30%
14.23%
N/A
N/A
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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HEMC.L vs. VOO - Expense Ratio Comparison
HEMC.L has a 0.15% expense ratio, which is higher than VOO'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%.
Risk-Adjusted Performance
HEMC.L vs. VOO — Risk-Adjusted Performance Rank
HEMC.L
VOO
HEMC.L vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L) and Vanguard S&P 500 ETF (VOO). 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
HEMC.L vs. VOO - Dividend Comparison
HEMC.L has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEMC.L HSBC MSCI Emerging Markets 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HEMC.L vs. VOO - Drawdown Comparison
The maximum HEMC.L drawdown since its inception was -14.14%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HEMC.L and VOO. For additional features, visit the drawdowns tool.
Volatility
HEMC.L vs. VOO - Volatility Comparison
HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L) has a higher volatility of 3.55% compared to Vanguard S&P 500 ETF (VOO) at 2.90%. This indicates that HEMC.L's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.