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HGGA.DE vs. SPFV.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HGGA.DE vs. SPFV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF (HGGA.DE) and SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) (SPFV.DE). The values are adjusted to include any dividend payments, if applicable.

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HGGA.DE vs. SPFV.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF
1.36%-4.17%5.69%0.16%-1.86%
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc)
1.98%-7.02%9.30%3.44%-4.84%
Different Trading Currencies

HGGA.DE is traded in EUR, while SPFV.DE is traded in USD. To make them comparable, the SPFV.DE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, HGGA.DE achieves a 1.36% return, which is significantly lower than SPFV.DE's 1.98% return.


HGGA.DE

1D
0.38%
1M
-0.17%
YTD
1.36%
6M
1.22%
1Y
-1.80%
3Y*
0.90%
5Y*
10Y*

SPFV.DE

1D
0.60%
1M
-0.09%
YTD
1.98%
6M
2.42%
1Y
-2.76%
3Y*
1.91%
5Y*
1.06%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HGGA.DE vs. SPFV.DE - Expense Ratio Comparison

HGGA.DE has a 0.18% expense ratio, which is higher than SPFV.DE's 0.10% 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

HGGA.DE vs. SPFV.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HGGA.DE
HGGA.DE Risk / Return Rank: 55
Overall Rank
HGGA.DE Sharpe Ratio Rank: 55
Sharpe Ratio Rank
HGGA.DE Sortino Ratio Rank: 44
Sortino Ratio Rank
HGGA.DE Omega Ratio Rank: 44
Omega Ratio Rank
HGGA.DE Calmar Ratio Rank: 77
Calmar Ratio Rank
HGGA.DE Martin Ratio Rank: 88
Martin Ratio Rank

SPFV.DE
SPFV.DE Risk / Return Rank: 4848
Overall Rank
SPFV.DE Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
SPFV.DE Sortino Ratio Rank: 5656
Sortino Ratio Rank
SPFV.DE Omega Ratio Rank: 5151
Omega Ratio Rank
SPFV.DE Calmar Ratio Rank: 3838
Calmar Ratio Rank
SPFV.DE Martin Ratio Rank: 3636
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.

HGGA.DE vs. SPFV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF (HGGA.DE) and SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) (SPFV.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.


HGGA.DESPFV.DEDifference

Sharpe ratio

Return per unit of total volatility

-0.44

-0.37

-0.07

Sortino ratio

Return per unit of downside risk

-0.57

-0.45

-0.12

Omega ratio

Gain probability vs. loss probability

0.93

0.94

-0.01

Calmar ratio

Return relative to maximum drawdown

-0.26

-0.20

-0.06

Martin ratio

Return relative to average drawdown

-0.39

-0.30

-0.09

HGGA.DE vs. SPFV.DE - Sharpe Ratio Comparison

The current HGGA.DE Sharpe Ratio is -0.44, which is comparable to the SPFV.DE Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of HGGA.DE and SPFV.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HGGA.DESPFV.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.44

-0.37

-0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.04

0.03

+0.01

Correlation

The correlation between HGGA.DE and SPFV.DE is 0.72, 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

HGGA.DE vs. SPFV.DE - Dividend Comparison

Neither HGGA.DE nor SPFV.DE has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

HGGA.DE vs. SPFV.DE - Drawdown Comparison

The maximum HGGA.DE drawdown since its inception was -8.58%, smaller than the maximum SPFV.DE drawdown of -11.84%. Use the drawdown chart below to compare losses from any high point for HGGA.DE and SPFV.DE.


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Drawdown Indicators


HGGA.DESPFV.DEDifference

Max Drawdown

Largest peak-to-trough decline

-8.58%

-15.26%

+6.68%

Max Drawdown (1Y)

Largest decline over 1 year

-4.08%

-2.35%

-1.73%

Max Drawdown (5Y)

Largest decline over 5 years

-15.09%

Current Drawdown

Current decline from peak

-4.51%

-1.44%

-3.07%

Average Drawdown

Average peak-to-trough decline

-4.15%

-4.71%

+0.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.73%

0.71%

+2.02%

Volatility

HGGA.DE vs. SPFV.DE - Volatility Comparison

The current volatility for HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF (HGGA.DE) is 1.20%, while SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) (SPFV.DE) has a volatility of 2.27%. This indicates that HGGA.DE experiences smaller price fluctuations and is considered to be less risky than SPFV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HGGA.DESPFV.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.20%

2.27%

-1.07%

Volatility (6M)

Calculated over the trailing 6-month period

2.47%

4.30%

-1.83%

Volatility (1Y)

Calculated over the trailing 1-year period

4.10%

7.43%

-3.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.06%

7.91%

-2.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.06%

7.66%

-2.60%