HMCH.L vs. WCLD
Compare and contrast key facts about HSBC MSCI China UCITS ETF (HMCH.L) and WisdomTree Cloud Computing Fund (WCLD).
HMCH.L and WCLD 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. WCLD is a passively managed fund by WisdomTree that tracks the performance of the BVP Nasdaq Emerging Cloud Index. It was launched on Sep 6, 2019. Both HMCH.L and WCLD 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 WCLD.
Correlation
The correlation between HMCH.L and WCLD 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. WCLD - Performance Comparison
Key characteristics
HMCH.L:
1.67
WCLD:
0.31
HMCH.L:
2.38
WCLD:
0.59
HMCH.L:
1.31
WCLD:
1.07
HMCH.L:
0.83
WCLD:
0.13
HMCH.L:
4.28
WCLD:
0.78
HMCH.L:
10.43%
WCLD:
9.57%
HMCH.L:
26.65%
WCLD:
23.82%
HMCH.L:
-56.50%
WCLD:
-64.90%
HMCH.L:
-30.08%
WCLD:
-42.12%
Returns By Period
In the year-to-date period, HMCH.L achieves a 18.35% return, which is significantly higher than WCLD's 0.77% return.
HMCH.L
18.35%
18.69%
40.59%
44.63%
0.64%
4.76%
WCLD
0.77%
-3.45%
18.97%
7.81%
5.85%
N/A
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HMCH.L vs. WCLD - Expense Ratio Comparison
HMCH.L has a 0.30% expense ratio, which is lower than WCLD's 0.45% expense ratio.
Risk-Adjusted Performance
HMCH.L vs. WCLD — Risk-Adjusted Performance Rank
HMCH.L
WCLD
HMCH.L vs. WCLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI China UCITS ETF (HMCH.L) and WisdomTree Cloud Computing Fund (WCLD). 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. WCLD - Dividend Comparison
HMCH.L's dividend yield for the trailing twelve months is around 2.00%, while WCLD has not paid dividends to shareholders.
| 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% |
WCLD WisdomTree Cloud Computing Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMCH.L vs. WCLD - Drawdown Comparison
The maximum HMCH.L drawdown since its inception was -56.50%, smaller than the maximum WCLD drawdown of -64.90%. Use the drawdown chart below to compare losses from any high point for HMCH.L and WCLD. For additional features, visit the drawdowns tool.
Volatility
HMCH.L vs. WCLD - Volatility Comparison
The current volatility for HSBC MSCI China UCITS ETF (HMCH.L) is 6.33%, while WisdomTree Cloud Computing Fund (WCLD) has a volatility of 8.47%. This indicates that HMCH.L experiences smaller price fluctuations and is considered to be less risky than WCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.