HMCH.L vs. HMCT.L
Compare and contrast key facts about HSBC MSCI China UCITS ETF (HMCH.L) and HSBC MSCI CHINA A UCITS ETF (HMCT.L).
HMCH.L and HMCT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMCH.L is a passively managed fund by HSBC that tracks the performance of the MSCI China NR USD. It was launched on Jan 26, 2011. HMCT.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. Both HMCH.L and HMCT.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: HMCH.L or HMCT.L.
Correlation
The correlation between HMCH.L and HMCT.L is 0.77, 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.
Performance
HMCH.L vs. HMCT.L - Performance Comparison
Key characteristics
HMCH.L:
1.67
HMCT.L:
0.52
HMCH.L:
2.38
HMCT.L:
0.98
HMCH.L:
1.31
HMCT.L:
1.14
HMCH.L:
0.83
HMCT.L:
0.32
HMCH.L:
4.28
HMCT.L:
1.21
HMCH.L:
10.43%
HMCT.L:
12.39%
HMCH.L:
26.65%
HMCT.L:
28.61%
HMCH.L:
-56.50%
HMCT.L:
-49.06%
HMCH.L:
-30.08%
HMCT.L:
-34.51%
Returns By Period
In the year-to-date period, HMCH.L achieves a 18.35% return, which is significantly higher than HMCT.L's 2.80% return.
HMCH.L
18.35%
18.69%
40.59%
44.63%
0.64%
4.76%
HMCT.L
2.80%
5.40%
17.56%
14.98%
1.60%
N/A
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HMCH.L vs. HMCT.L - Expense Ratio Comparison
Both HMCH.L and HMCT.L have an expense ratio of 0.30%.
Risk-Adjusted Performance
HMCH.L vs. HMCT.L — Risk-Adjusted Performance Rank
HMCH.L
HMCT.L
HMCH.L vs. HMCT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI China UCITS ETF (HMCH.L) and HSBC MSCI CHINA A UCITS ETF (HMCT.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
HMCH.L vs. HMCT.L - Dividend Comparison
HMCH.L's dividend yield for the trailing twelve months is around 2.00%, less than HMCT.L's 2.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMCH.L HSBC MSCI China UCITS ETF | 2.00% | 2.17% | 2.12% | 1.85% | 1.28% | 0.92% | 1.65% | 1.36% | 0.78% | 1.89% | 2.84% | 1.68% |
HMCT.L HSBC MSCI CHINA A UCITS ETF | 2.15% | 2.03% | 2.16% | 1.69% | 1.12% | 0.84% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMCH.L vs. HMCT.L - Drawdown Comparison
The maximum HMCH.L drawdown since its inception was -56.50%, which is greater than HMCT.L's maximum drawdown of -49.06%. Use the drawdown chart below to compare losses from any high point for HMCH.L and HMCT.L. For additional features, visit the drawdowns tool.
Volatility
HMCH.L vs. HMCT.L - Volatility Comparison
HSBC MSCI China UCITS ETF (HMCH.L) has a higher volatility of 6.33% compared to HSBC MSCI CHINA A UCITS ETF (HMCT.L) at 4.75%. This indicates that HMCH.L's price experiences larger fluctuations and is considered to be riskier than HMCT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.