HMEF.L vs. AIAI.L
Compare and contrast key facts about HSBC MSCI Emerging Markets UCITS ETF USD (HMEF.L) and L&G Artificial Intelligence UCITS ETF (AIAI.L).
HMEF.L and AIAI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMEF.L is a passively managed fund by HSBC that tracks the performance of the MSCI EM NR USD. It was launched on Sep 5, 2011. AIAI.L is a passively managed fund by Legal & General that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 26, 2019. Both HMEF.L and AIAI.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: HMEF.L or AIAI.L.
Key characteristics
| HMEF.L | AIAI.L | |
|---|---|---|
| YTD Return | 12.22% | 12.89% |
| 1Y Return | 15.33% | 34.75% |
| 3Y Return (Ann) | 0.38% | 1.64% |
| 5Y Return (Ann) | 4.21% | 17.25% |
| Sharpe Ratio | 1.24 | 1.66 |
| Sortino Ratio | 1.83 | 2.26 |
| Omega Ratio | 1.22 | 1.28 |
| Calmar Ratio | 0.70 | 1.12 |
| Martin Ratio | 6.30 | 8.60 |
| Ulcer Index | 2.66% | 4.30% |
| Daily Std Dev | 13.52% | 22.29% |
| Max Drawdown | -31.72% | -49.61% |
| Current Drawdown | -8.52% | -2.18% |
Correlation
The correlation between HMEF.L and AIAI.L is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HMEF.L vs. AIAI.L - Performance Comparison
In the year-to-date period, HMEF.L achieves a 12.22% return, which is significantly lower than AIAI.L's 12.89% 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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HMEF.L vs. AIAI.L - Expense Ratio Comparison
HMEF.L has a 0.15% expense ratio, which is lower than AIAI.L's 0.49% expense ratio.
Risk-Adjusted Performance
HMEF.L vs. AIAI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Emerging Markets UCITS ETF USD (HMEF.L) and L&G Artificial Intelligence UCITS ETF (AIAI.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
HMEF.L vs. AIAI.L - Dividend Comparison
HMEF.L's dividend yield for the trailing twelve months is around 2.26%, while AIAI.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMEF.L HSBC MSCI Emerging Markets UCITS ETF USD | 2.26% | 2.58% | 2.99% | 2.01% | 1.66% | 2.11% | 2.14% | 1.61% | 1.69% | 2.25% | 1.92% | 2.12% |
AIAI.L L&G Artificial Intelligence UCITS ETF | 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
HMEF.L vs. AIAI.L - Drawdown Comparison
The maximum HMEF.L drawdown since its inception was -31.72%, smaller than the maximum AIAI.L drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for HMEF.L and AIAI.L. For additional features, visit the drawdowns tool.
Volatility
HMEF.L vs. AIAI.L - Volatility Comparison
HSBC MSCI Emerging Markets UCITS ETF USD (HMEF.L) has a higher volatility of 6.13% compared to L&G Artificial Intelligence UCITS ETF (AIAI.L) at 5.45%. This indicates that HMEF.L's price experiences larger fluctuations and is considered to be riskier than AIAI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.