HMEF.L vs. VFEG.L
Compare and contrast key facts about HSBC MSCI Emerging Markets UCITS ETF USD (HMEF.L) and Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.L).
HMEF.L and VFEG.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. VFEG.L is a passively managed fund by Vanguard that tracks the performance of the MSCI EM NR USD. It was launched on Sep 24, 2019. Both HMEF.L and VFEG.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 VFEG.L.
Performance
HMEF.L vs. VFEG.L - Performance Comparison
Returns By Period
In the year-to-date period, HMEF.L achieves a 9.93% return, which is significantly lower than VFEG.L's 12.53% return.
HMEF.L
9.93%
-2.38%
0.31%
11.79%
3.31%
5.26%
VFEG.L
12.53%
-2.16%
1.75%
14.45%
4.15%
N/A
Key characteristics
| HMEF.L | VFEG.L | |
|---|---|---|
| Sharpe Ratio | 0.84 | 1.10 |
| Sortino Ratio | 1.28 | 1.65 |
| Omega Ratio | 1.16 | 1.20 |
| Calmar Ratio | 0.48 | 0.72 |
| Martin Ratio | 3.94 | 5.59 |
| Ulcer Index | 2.82% | 2.48% |
| Daily Std Dev | 13.19% | 12.73% |
| Max Drawdown | -31.72% | -25.35% |
| Current Drawdown | -10.38% | -4.78% |
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HMEF.L vs. VFEG.L - Expense Ratio Comparison
HMEF.L has a 0.15% expense ratio, which is lower than VFEG.L's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between HMEF.L and VFEG.L is 0.98, 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.
Risk-Adjusted Performance
HMEF.L vs. VFEG.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 Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.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. VFEG.L - Dividend Comparison
HMEF.L's dividend yield for the trailing twelve months is around 2.41%, while VFEG.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 | 2.41% | 2.58% | 2.99% | 2.01% | 1.66% | 2.11% | 2.14% | 1.61% | 1.69% | 2.25% | 1.92% | 2.12% |
VFEG.L Vanguard FTSE Emerging Markets UCITS ETF Acc | 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. VFEG.L - Drawdown Comparison
The maximum HMEF.L drawdown since its inception was -31.72%, which is greater than VFEG.L's maximum drawdown of -25.35%. Use the drawdown chart below to compare losses from any high point for HMEF.L and VFEG.L. For additional features, visit the drawdowns tool.
Volatility
HMEF.L vs. VFEG.L - Volatility Comparison
HSBC MSCI Emerging Markets UCITS ETF USD (HMEF.L) has a higher volatility of 5.15% compared to Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.L) at 4.78%. This indicates that HMEF.L's price experiences larger fluctuations and is considered to be riskier than VFEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.