HMEU.L vs. H50E.L
Compare and contrast key facts about HSBC MSCI Europe UCITS ETF (HMEU.L) and HSBC EURO STOXX 50 UCITS ETF (H50E.L).
HMEU.L and H50E.L 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. H50E.L is a passively managed fund by HSBC that tracks the performance of the MSCI EMU NR EUR. It was launched on Oct 5, 2009. Both HMEU.L and H50E.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: HMEU.L or H50E.L.
Performance
HMEU.L vs. H50E.L - Performance Comparison
Returns By Period
In the year-to-date period, HMEU.L achieves a 6.12% return, which is significantly higher than H50E.L's 4.50% return. Over the past 10 years, HMEU.L has underperformed H50E.L with an annualized return of 7.86%, while H50E.L has yielded a comparatively higher 8.26% annualized return.
HMEU.L
6.12%
-3.73%
-2.91%
10.79%
7.23%
7.86%
H50E.L
4.50%
-3.52%
-6.85%
8.37%
7.79%
8.26%
Key characteristics
| HMEU.L | H50E.L | |
|---|---|---|
| Sharpe Ratio | 1.07 | 0.62 |
| Sortino Ratio | 1.55 | 0.95 |
| Omega Ratio | 1.18 | 1.11 |
| Calmar Ratio | 1.95 | 0.86 |
| Martin Ratio | 5.47 | 2.05 |
| Ulcer Index | 1.96% | 4.01% |
| Daily Std Dev | 10.02% | 13.18% |
| Max Drawdown | -28.42% | -34.68% |
| Current Drawdown | -4.67% | -7.76% |
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HMEU.L vs. H50E.L - Expense Ratio Comparison
Both HMEU.L and H50E.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between HMEU.L and H50E.L is 0.88, 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
HMEU.L vs. H50E.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Europe UCITS ETF (HMEU.L) and HSBC EURO STOXX 50 UCITS ETF (H50E.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
HMEU.L vs. H50E.L - Dividend Comparison
HMEU.L's dividend yield for the trailing twelve months is around 5.66%, more than H50E.L's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMEU.L HSBC MSCI Europe UCITS ETF | 5.66% | 2.80% | 2.85% | 2.16% | 2.13% | 3.10% | 3.29% | 2.77% | 2.81% | 5.31% | 2.61% | 2.61% |
H50E.L HSBC EURO STOXX 50 UCITS ETF | 3.03% | 2.92% | 2.77% | 2.01% | 2.05% | 3.04% | 3.50% | 2.76% | 2.79% | 2.63% | 2.76% | 2.68% |
Drawdowns
HMEU.L vs. H50E.L - Drawdown Comparison
The maximum HMEU.L drawdown since its inception was -28.42%, smaller than the maximum H50E.L drawdown of -34.68%. Use the drawdown chart below to compare losses from any high point for HMEU.L and H50E.L. For additional features, visit the drawdowns tool.
Volatility
HMEU.L vs. H50E.L - Volatility Comparison
The current volatility for HSBC MSCI Europe UCITS ETF (HMEU.L) is 4.76%, while HSBC EURO STOXX 50 UCITS ETF (H50E.L) has a volatility of 5.95%. This indicates that HMEU.L experiences smaller price fluctuations and is considered to be less risky than H50E.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.