HMXJ.L vs. VAPX.L
Compare and contrast key facts about HSBC MSCI Pacific ex Japan UCITS ETF (HMXJ.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L).
HMXJ.L and VAPX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMXJ.L is a passively managed fund by HSBC that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Sep 3, 2010. VAPX.L is a passively managed fund by Vanguard that tracks the performance of the MSCI AC Asia Pac Ex JPN NR USD. It was launched on May 21, 2013. Both HMXJ.L and VAPX.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: HMXJ.L or VAPX.L.
Performance
HMXJ.L vs. VAPX.L - Performance Comparison
Returns By Period
In the year-to-date period, HMXJ.L achieves a 9.45% return, which is significantly higher than VAPX.L's -0.37% return. Over the past 10 years, HMXJ.L has underperformed VAPX.L with an annualized return of 6.58%, while VAPX.L has yielded a comparatively higher 7.02% annualized return.
HMXJ.L
9.45%
0.00%
5.20%
17.71%
4.48%
6.58%
VAPX.L
-0.37%
-2.54%
-2.91%
6.48%
4.57%
7.02%
Key characteristics
| HMXJ.L | VAPX.L | |
|---|---|---|
| Sharpe Ratio | 1.34 | 0.45 |
| Sortino Ratio | 1.95 | 0.72 |
| Omega Ratio | 1.24 | 1.09 |
| Calmar Ratio | 1.12 | 0.51 |
| Martin Ratio | 6.30 | 1.82 |
| Ulcer Index | 2.66% | 3.32% |
| Daily Std Dev | 12.62% | 13.51% |
| Max Drawdown | -32.30% | -30.88% |
| Current Drawdown | -0.97% | -4.13% |
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HMXJ.L vs. VAPX.L - Expense Ratio Comparison
HMXJ.L has a 0.40% expense ratio, which is higher than VAPX.L's 0.15% expense ratio.
Correlation
The correlation between HMXJ.L and VAPX.L is 0.91, 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
HMXJ.L vs. VAPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Pacific ex Japan UCITS ETF (HMXJ.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.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
HMXJ.L vs. VAPX.L - Dividend Comparison
HMXJ.L's dividend yield for the trailing twelve months is around 3.69%, more than VAPX.L's 2.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMXJ.L HSBC MSCI Pacific ex Japan UCITS ETF | 3.69% | 4.13% | 3.79% | 2.71% | 3.05% | 3.88% | 3.80% | 3.23% | 3.32% | 4.03% | 3.69% | 3.80% |
VAPX.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing | 2.48% | 3.51% | 4.31% | 3.53% | 2.05% | 3.39% | 3.54% | 3.08% | 2.71% | 3.44% | 2.26% | 1.13% |
Drawdowns
HMXJ.L vs. VAPX.L - Drawdown Comparison
The maximum HMXJ.L drawdown since its inception was -32.30%, roughly equal to the maximum VAPX.L drawdown of -30.88%. Use the drawdown chart below to compare losses from any high point for HMXJ.L and VAPX.L. For additional features, visit the drawdowns tool.
Volatility
HMXJ.L vs. VAPX.L - Volatility Comparison
HSBC MSCI Pacific ex Japan UCITS ETF (HMXJ.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L) have volatilities of 5.07% and 5.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.