HPRD.L vs. VWCE.DE
Compare and contrast key facts about HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD.L) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).
HPRD.L and VWCE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HPRD.L is a passively managed fund by HSBC that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Jun 20, 2011. VWCE.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World Index. It was launched on Jul 23, 2019. Both HPRD.L and VWCE.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: HPRD.L or VWCE.DE.
Key characteristics
| HPRD.L | VWCE.DE | |
|---|---|---|
| YTD Return | -4.73% | 10.80% |
| 1Y Return | 4.53% | 23.67% |
| 3Y Return (Ann) | -3.62% | 9.75% |
| Sharpe Ratio | 0.29 | 2.45 |
| Daily Std Dev | 17.18% | 9.36% |
| Max Drawdown | -41.81% | -33.43% |
| Current Drawdown | -20.94% | 0.00% |
Correlation
The correlation between HPRD.L and VWCE.DE is 0.68, 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
HPRD.L vs. VWCE.DE - Performance Comparison
In the year-to-date period, HPRD.L achieves a -4.73% return, which is significantly lower than VWCE.DE's 10.80% 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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HPRD.L vs. VWCE.DE - Expense Ratio Comparison
HPRD.L has a 0.24% expense ratio, which is higher than VWCE.DE's 0.22% 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
HPRD.L vs. VWCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD.L) and Vanguard FTSE All-World UCITS ETF (VWCE.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
HPRD.L vs. VWCE.DE - Dividend Comparison
HPRD.L's dividend yield for the trailing twelve months is around 3.49%, while VWCE.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPRD.L HSBC FTSE EPRA NAREIT Developed UCITS ETF | 3.49% | 3.35% | 3.53% | 2.30% | 2.88% | 2.96% | 3.43% | 2.89% | 3.13% | 2.72% | 2.64% | 2.76% |
VWCE.DE Vanguard FTSE All-World 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
HPRD.L vs. VWCE.DE - Drawdown Comparison
The maximum HPRD.L drawdown since its inception was -41.81%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for HPRD.L and VWCE.DE. For additional features, visit the drawdowns tool.
Volatility
HPRD.L vs. VWCE.DE - Volatility Comparison
HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD.L) has a higher volatility of 4.17% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.43%. This indicates that HPRD.L's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.