HSPX.L vs. VUSA.L
Compare and contrast key facts about HSBC S&P 500 UCITS ETF (HSPX.L) and Vanguard S&P 500 UCITS ETF (VUSA.L).
HSPX.L and VUSA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSPX.L is a passively managed fund by HSBC that tracks the performance of the Russell 1000 TR USD. It was launched on May 14, 2010. VUSA.L is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 TR USD. It was launched on May 22, 2012. Both HSPX.L and VUSA.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: HSPX.L or VUSA.L.
Key characteristics
| HSPX.L | VUSA.L | |
|---|---|---|
| YTD Return | 23.48% | 23.31% |
| 1Y Return | 30.64% | 30.65% |
| 3Y Return (Ann) | 11.21% | 11.45% |
| 5Y Return (Ann) | 15.30% | 15.61% |
| 10Y Return (Ann) | 15.30% | 15.82% |
| Sharpe Ratio | 2.70 | 2.71 |
| Sortino Ratio | 3.85 | 3.84 |
| Omega Ratio | 1.53 | 1.53 |
| Calmar Ratio | 4.68 | 4.79 |
| Martin Ratio | 18.93 | 18.85 |
| Ulcer Index | 1.60% | 1.59% |
| Daily Std Dev | 11.15% | 11.05% |
| Max Drawdown | -25.43% | -25.47% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between HSPX.L and VUSA.L is 0.99, 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
HSPX.L vs. VUSA.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with HSPX.L having a 23.48% return and VUSA.L slightly lower at 23.31%. Both investments have delivered pretty close results over the past 10 years, with HSPX.L having a 15.30% annualized return and VUSA.L not far ahead at 15.82%. 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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HSPX.L vs. VUSA.L - Expense Ratio Comparison
HSPX.L has a 0.09% expense ratio, which is higher than VUSA.L's 0.07% 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
HSPX.L vs. VUSA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC S&P 500 UCITS ETF (HSPX.L) and Vanguard S&P 500 UCITS ETF (VUSA.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
HSPX.L vs. VUSA.L - Dividend Comparison
HSPX.L's dividend yield for the trailing twelve months is around 1.01%, more than VUSA.L's 0.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSPX.L HSBC S&P 500 UCITS ETF | 1.01% | 1.19% | 1.27% | 0.95% | 1.41% | 1.47% | 1.60% | 1.54% | 1.49% | 1.61% | 1.36% | 1.62% |
VUSA.L Vanguard S&P 500 UCITS ETF | 0.76% | 1.25% | 1.41% | 1.05% | 1.46% | 1.48% | 1.70% | 1.60% | 1.55% | 1.73% | 1.50% | 1.62% |
Drawdowns
HSPX.L vs. VUSA.L - Drawdown Comparison
The maximum HSPX.L drawdown since its inception was -25.43%, roughly equal to the maximum VUSA.L drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for HSPX.L and VUSA.L. For additional features, visit the drawdowns tool.
Volatility
HSPX.L vs. VUSA.L - Volatility Comparison
HSBC S&P 500 UCITS ETF (HSPX.L) and Vanguard S&P 500 UCITS ETF (VUSA.L) have volatilities of 3.36% and 3.37%, 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.