HMEU.L vs. H4ZE.DE
Compare and contrast key facts about HSBC MSCI Europe UCITS ETF (HMEU.L) and HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE).
HMEU.L and H4ZE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMEU.L is a passively managed fund by HSBC that tracks the performance of the MSCI Europe NR EUR. It was launched on Jun 1, 2010. H4ZE.DE is a passively managed fund by HSBC that tracks the performance of the MSCI Europe. It was launched on Jun 1, 2010. Both HMEU.L and H4ZE.DE 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: HMEU.L or H4ZE.DE.
Key characteristics
| HMEU.L | H4ZE.DE | |
|---|---|---|
| YTD Return | 9.04% | 6.59% |
| 1Y Return | 15.50% | 11.90% |
| 3Y Return (Ann) | 7.81% | 4.11% |
| 5Y Return (Ann) | 7.92% | 5.43% |
| 10Y Return (Ann) | 7.97% | 3.75% |
| Sharpe Ratio | 1.36 | 1.21 |
| Daily Std Dev | 10.42% | 10.55% |
| Max Drawdown | -28.42% | -35.52% |
| Current Drawdown | -2.04% | -4.14% |
Correlation
The correlation between HMEU.L and H4ZE.DE is 0.86, 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
HMEU.L vs. H4ZE.DE - Performance Comparison
In the year-to-date period, HMEU.L achieves a 9.04% return, which is significantly higher than H4ZE.DE's 6.59% return. Over the past 10 years, HMEU.L has outperformed H4ZE.DE with an annualized return of 7.97%, while H4ZE.DE has yielded a comparatively lower 3.75% annualized 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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HMEU.L vs. H4ZE.DE - Expense Ratio Comparison
HMEU.L has a 0.25% expense ratio, which is higher than H4ZE.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HMEU.L vs. H4ZE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Europe UCITS ETF (HMEU.L) and HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE). 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
HMEU.L vs. H4ZE.DE - Dividend Comparison
HMEU.L's dividend yield for the trailing twelve months is around 5.51%, while H4ZE.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMEU.L HSBC MSCI Europe UCITS ETF | 5.51% | 2.80% | 2.85% | 2.16% | 2.13% | 3.10% | 3.29% | 2.77% | 2.81% | 5.31% | 2.61% | 2.61% |
H4ZE.DE HSBC MSCI Europe UCITS ETF EUR | 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
HMEU.L vs. H4ZE.DE - Drawdown Comparison
The maximum HMEU.L drawdown since its inception was -28.42%, smaller than the maximum H4ZE.DE drawdown of -35.52%. Use the drawdown chart below to compare losses from any high point for HMEU.L and H4ZE.DE. For additional features, visit the drawdowns tool.
Volatility
HMEU.L vs. H4ZE.DE - Volatility Comparison
HSBC MSCI Europe UCITS ETF (HMEU.L) has a higher volatility of 3.65% compared to HSBC MSCI Europe UCITS ETF EUR (H4ZE.DE) at 3.16%. This indicates that HMEU.L's price experiences larger fluctuations and is considered to be riskier than H4ZE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.