PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HIDR.L vs. EPHE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HIDR.L vs. EPHE

Last updated Jun 5, 2026

HIDR.L (HSBC MSCI Indonesia UCITS ETF USD) and EPHE (iShares MSCI Philippines ETF) are both Asia Pacific Equities funds - HIDR.L tracks the MSCI Indonesia NR IDR while EPHE tracks the MSCI Philippines Investable Market Index. Both are passively managed. Over the past 10 years, HIDR.L returned -3.49%/yr vs -2.65%/yr for EPHE. At a 0.34 correlation, their price movements are largely independent. HIDR.L charges 0.50%/yr vs 0.59%/yr for EPHE.

Performance

HIDR.L vs. EPHE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HSBC MSCI Indonesia UCITS ETF USD (HIDR.L) and iShares MSCI Philippines ETF (EPHE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

HIDR.L is traded in GBp, while EPHE is traded in USD. To make them comparable, the EPHE values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, HIDR.L achieves a -39.26% return, which is significantly lower than EPHE's -0.48% return. Over the past 10 years, HIDR.L has underperformed EPHE with an annualized return of -3.49%, while EPHE has yielded a comparatively higher -2.65% annualized return.

HIDR.L

1D
-0.63%
1M
-19.17%
YTD
-39.26%
6M
-40.84%
1Y
-39.36%
3Y*
-23.10%
5Y*
-9.04%
10Y*
-3.49%

EPHE

1D
0.24%
1M
-0.28%
YTD
-0.48%
6M
0.02%
1Y
-8.85%
3Y*
-1.94%
5Y*
-2.02%
10Y*
-2.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HIDR.L vs. EPHE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HIDR.L
HSBC MSCI Indonesia UCITS ETF USD		-39.26%-8.13%-13.17%-0.80%15.43%2.40%-11.41%4.86%-4.08%12.22%
EPHE
iShares MSCI Philippines ETF		-0.48%-5.68%0.31%-3.79%-5.87%-1.31%-6.77%4.37%-12.60%9.80%

Correlation

The correlation between HIDR.L and EPHE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

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

0.26

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

0.23

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Apr 5, 2011

0.34

The correlation between HIDR.L and EPHE shifts across timeframes, from 0.23 (5 years) to 0.34 (all time), reflecting how their relationship changes across market environments.

HIDR.L vs. EPHE - Sectors Allocation Comparison

Sectors
HIDR.L
EPHE

Financial Services

56.9%
17.3%

Basic Materials

12.8%
1.0%

Communication Services

11.6%
5.3%

Industrials

7.9%
32.0%

Consumer Defensive

4.2%
4.6%

Technology

3.4%

-

Energy

1.7%
1.3%

Utilities

1.6%
14.3%

Consumer Cyclical

-

13.6%

Healthcare

-

-

Real Estate

-

10.7%

Financial Services

HIDR.L
56.9%
EPHE
17.3%

Basic Materials

HIDR.L
12.8%
EPHE
1.0%

Communication Services

HIDR.L
11.6%
EPHE
5.3%

Industrials

HIDR.L
7.9%
EPHE
32.0%

Consumer Defensive

HIDR.L
4.2%
EPHE
4.6%

Technology

HIDR.L
3.4%
EPHE

-

Energy

HIDR.L
1.7%
EPHE
1.3%

Utilities

HIDR.L
1.6%
EPHE
14.3%

Consumer Cyclical

HIDR.L

-

EPHE
13.6%

Healthcare

HIDR.L

-

EPHE

-

Real Estate

HIDR.L

-

EPHE
10.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

HSBC MSCI Indonesia UCITS ETF USD

iShares MSCI Philippines ETF

Often compared with HIDR.L:
HIDR.L vs. XDUS.LHIDR.L vs. IAUHIDR.L vs. SPYHIDR.L vs. HKOR.LHIDR.L vs. CP9U.LHIDR.L vs. CP9G.LHIDR.L vs. HMUD.L
Often compared with EPHE:
EPHE vs. VOOEPHE vs. EWYEPHE vs. EIDOEPHE vs. GOVTEPHE vs. VTEPHE vs. VXUSEPHE vs. VTI

Return for Risk

HIDR.L vs. EPHE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HIDR.L
HIDR.L Risk / Return Rank: 00
Overall Rank
HIDR.L Sharpe Ratio Rank: 00
Sharpe Ratio Rank
HIDR.L Sortino Ratio Rank: 00
Sortino Ratio Rank
HIDR.L Omega Ratio Rank: 00
Omega Ratio Rank
HIDR.L Calmar Ratio Rank: 11
Calmar Ratio Rank
HIDR.L Martin Ratio Rank: 00
Martin Ratio Rank
EPHE
EPHE Risk / Return Rank: 55
Overall Rank
EPHE Sharpe Ratio Rank: 55
Sharpe Ratio Rank
EPHE Sortino Ratio Rank: 55
Sortino Ratio Rank
EPHE Omega Ratio Rank: 55
Omega Ratio Rank
EPHE Calmar Ratio Rank: 44
Calmar Ratio Rank
EPHE Martin Ratio Rank: 55
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.

HIDR.L vs. EPHE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Indonesia UCITS ETF USD (HIDR.L) and iShares MSCI Philippines ETF (EPHE). 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.

HIDR.LEPHEDifference
Sharpe ratioReturn per unit of total volatility
-1.59
-0.44

-1.15

Sortino ratioReturn per unit of downside risk
-2.33
-0.51

-1.81

Omega ratioGain probability vs. loss probability

0.71

0.94

-0.24

Calmar ratioReturn relative to maximum drawdown

-0.92

-0.53

-0.39

Martin ratioReturn relative to average drawdown

-2.56

-0.97

-1.59

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIDR.L vs. EPHE - Sharpe Ratio Comparison

The current HIDR.L Sharpe Ratio is -1.59, which is lower than the EPHE Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of HIDR.L and EPHE, 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...

Sharpe Ratios by Period

HIDR.LEPHEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.59

-0.44

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.45

-0.12

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.16

-0.12

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.10

0.09

-0.19

Drawdowns

HIDR.L vs. EPHE - Drawdown Comparison

The maximum HIDR.L drawdown since its inception was -58.31%, which is greater than EPHE's maximum drawdown of -47.17%. Use the drawdown chart below to compare losses from any high point for HIDR.L and EPHE.

Loading charts...

Drawdown Indicators

HIDR.LEPHEDifference

Max Drawdown

Largest peak-to-trough decline

-58.31%

-47.17%

-11.14%

Max Drawdown (1Y)

Largest decline over 1 year

-42.78%

-15.26%

-27.52%

Max Drawdown (3Y)

Largest decline over 3 years

-54.23%

-20.29%

-33.94%

Max Drawdown (5Y)

Largest decline over 5 years

-58.31%

-23.57%

-34.74%

Max Drawdown (10Y)

Largest decline over 10 years

-58.31%

-47.17%

-11.14%

Current Drawdown

Current decline from peak

-58.31%

-33.36%

-24.95%

Average Drawdown

Average peak-to-trough decline

-18.11%

-18.99%

+0.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.35%

8.25%

+7.10%

Volatility

HIDR.L vs. EPHE - Volatility Comparison

HSBC MSCI Indonesia UCITS ETF USD (HIDR.L) has a higher volatility of 7.79% compared to iShares MSCI Philippines ETF (EPHE) at 5.43%. This indicates that HIDR.L's price experiences larger fluctuations and is considered to be riskier than EPHE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

HIDR.LEPHEDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.79%

5.43%

+2.36%

Volatility (6M)

Calculated over the trailing 6-month period

20.56%

13.68%

+6.88%

Volatility (1Y)

Calculated over the trailing 1-year period

24.69%

18.47%

+6.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.00%

17.51%

+2.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.57%

22.24%

+2.33%

HIDR.L vs. EPHE - Expense Ratio Comparison

HIDR.L has a 0.50% expense ratio, which is lower than EPHE's 0.59% expense ratio.

Dividends

HIDR.L vs. EPHE - Dividend Comparison

HIDR.L's dividend yield for the trailing twelve months is around 6.25%, more than EPHE's 2.13% yield.

PositionTTM20252024202320222021202020192018201720162015
EPHE
iShares MSCI Philippines ETF		2.13%2.11%2.32%2.01%1.73%1.05%0.72%0.78%0.45%0.36%0.71%1.03%
HIDR.L
HSBC MSCI Indonesia UCITS ETF USD		6.25%4.87%3.49%3.49%2.04%1.27%1.75%1.61%1.50%1.14%1.12%1.59%

Frequently Asked Questions

HIDR.L and EPHE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HIDR.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HIDR.L is cheaper with a 0.50% expense ratio, compared with 0.59% for EPHE.

HIDR.L tracks MSCI Indonesia NR IDR, while EPHE tracks MSCI Philippines Investable Market Index. They also come from different issuers: HSBC and iShares. Their fees differ too: 0.50% for HIDR.L and 0.59% for EPHE.

Portfolio Optimizer

Find the right allocation for HIDR.L and EPHE

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