HMCH.L vs. VHT
Compare and contrast key facts about HSBC MSCI China UCITS ETF (HMCH.L) and Vanguard Health Care ETF (VHT).
HMCH.L and VHT 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. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004. Both HMCH.L and VHT 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 VHT.
Correlation
The correlation between HMCH.L and VHT is 0.33, 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
HMCH.L vs. VHT - Performance Comparison
Key characteristics
HMCH.L:
1.67
VHT:
0.23
HMCH.L:
2.38
VHT:
0.40
HMCH.L:
1.31
VHT:
1.05
HMCH.L:
0.83
VHT:
0.22
HMCH.L:
4.28
VHT:
0.57
HMCH.L:
10.43%
VHT:
4.77%
HMCH.L:
26.65%
VHT:
11.66%
HMCH.L:
-56.50%
VHT:
-39.12%
HMCH.L:
-30.08%
VHT:
-5.98%
Returns By Period
In the year-to-date period, HMCH.L achieves a 18.35% return, which is significantly higher than VHT's 5.95% return. Over the past 10 years, HMCH.L has underperformed VHT with an annualized return of 4.76%, while VHT has yielded a comparatively higher 8.79% annualized return.
HMCH.L
18.35%
18.69%
40.59%
44.63%
0.64%
4.76%
VHT
5.95%
1.05%
-5.09%
0.83%
8.74%
8.79%
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HMCH.L vs. VHT - Expense Ratio Comparison
HMCH.L has a 0.30% expense ratio, which is higher than VHT's 0.10% expense ratio.
Risk-Adjusted Performance
HMCH.L vs. VHT — Risk-Adjusted Performance Rank
HMCH.L
VHT
HMCH.L vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI China UCITS ETF (HMCH.L) and Vanguard Health Care ETF (VHT). 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. VHT - Dividend Comparison
HMCH.L's dividend yield for the trailing twelve months is around 2.00%, more than VHT's 1.44% 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% |
VHT Vanguard Health Care ETF | 1.44% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% |
Drawdowns
HMCH.L vs. VHT - Drawdown Comparison
The maximum HMCH.L drawdown since its inception was -56.50%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for HMCH.L and VHT. For additional features, visit the drawdowns tool.
Volatility
HMCH.L vs. VHT - Volatility Comparison
HSBC MSCI China UCITS ETF (HMCH.L) has a higher volatility of 6.33% compared to Vanguard Health Care ETF (VHT) at 3.53%. This indicates that HMCH.L's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.