HMCA.L vs. UC04.L
Compare and contrast key facts about HSBC MSCI CHINA A UCITS ETF (HMCA.L) and UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L).
HMCA.L and UC04.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMCA.L is a passively managed fund by HSBC that tracks the performance of the MSCI China A Onshore NR CNY. It was launched on Jul 27, 2018. UC04.L is a passively managed fund by UBS that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 11, 2012. Both HMCA.L and UC04.L 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: HMCA.L or UC04.L.
Key characteristics
| HMCA.L | UC04.L | |
|---|---|---|
| YTD Return | 22.53% | 20.35% |
| 1Y Return | 17.16% | 32.71% |
| 3Y Return (Ann) | -2.54% | 10.84% |
| 5Y Return (Ann) | 30.40% | 15.35% |
| Sharpe Ratio | 0.56 | 2.99 |
| Sortino Ratio | 1.12 | 4.05 |
| Omega Ratio | 1.15 | 1.57 |
| Calmar Ratio | 0.46 | 5.13 |
| Martin Ratio | 1.92 | 20.25 |
| Ulcer Index | 8.22% | 1.65% |
| Daily Std Dev | 28.35% | 11.18% |
| Max Drawdown | -34.60% | -25.93% |
| Current Drawdown | -16.13% | -0.28% |
Correlation
The correlation between HMCA.L and UC04.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HMCA.L vs. UC04.L - Performance Comparison
In the year-to-date period, HMCA.L achieves a 22.53% return, which is significantly higher than UC04.L's 20.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HMCA.L vs. UC04.L - Expense Ratio Comparison
HMCA.L has a 0.30% expense ratio, which is higher than UC04.L's 0.14% expense ratio.
Risk-Adjusted Performance
HMCA.L vs. UC04.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI CHINA A UCITS ETF (HMCA.L) and UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.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.
Dividends
HMCA.L vs. UC04.L - Dividend Comparison
HMCA.L's dividend yield for the trailing twelve months is around 196.05%, more than UC04.L's 1.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMCA.L HSBC MSCI CHINA A UCITS ETF | 196.05% | 220.18% | 175.95% | 109.02% | 88.31% | 177.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UC04.L UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis | 1.01% | 1.12% | 1.19% | 0.89% | 1.28% | 1.40% | 1.50% | 1.32% | 1.52% | 1.44% | 1.25% | 1.41% |
Drawdowns
HMCA.L vs. UC04.L - Drawdown Comparison
The maximum HMCA.L drawdown since its inception was -34.60%, which is greater than UC04.L's maximum drawdown of -25.93%. Use the drawdown chart below to compare losses from any high point for HMCA.L and UC04.L. For additional features, visit the drawdowns tool.
Volatility
HMCA.L vs. UC04.L - Volatility Comparison
HSBC MSCI CHINA A UCITS ETF (HMCA.L) has a higher volatility of 18.76% compared to UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) at 1.92%. This indicates that HMCA.L's price experiences larger fluctuations and is considered to be riskier than UC04.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.