HSUS.L vs. HLAL
Compare and contrast key facts about HSBC USA Sustainable Equity UCITS ETF USD (HSUS.L) and Wahed FTSE USA Shariah ETF (HLAL).
HSUS.L and HLAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSUS.L is a passively managed fund by HSBC that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 4, 2020. HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019. Both HSUS.L and HLAL 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: HSUS.L or HLAL.
Key characteristics
| HSUS.L | HLAL | |
|---|---|---|
| YTD Return | 22.28% | 16.56% |
| 1Y Return | 26.79% | 25.07% |
| 3Y Return (Ann) | 9.67% | 9.52% |
| Sharpe Ratio | 0.63 | 1.93 |
| Sortino Ratio | 1.28 | 2.55 |
| Omega Ratio | 1.43 | 1.35 |
| Calmar Ratio | 1.10 | 2.68 |
| Martin Ratio | 3.62 | 10.08 |
| Ulcer Index | 7.42% | 2.47% |
| Daily Std Dev | 42.33% | 12.93% |
| Max Drawdown | -24.35% | -33.57% |
| Current Drawdown | -17.41% | -0.40% |
Correlation
The correlation between HSUS.L and HLAL is 0.62, 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
HSUS.L vs. HLAL - Performance Comparison
In the year-to-date period, HSUS.L achieves a 22.28% return, which is significantly higher than HLAL's 16.56% 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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HSUS.L vs. HLAL - Expense Ratio Comparison
HSUS.L has a 0.12% expense ratio, which is lower than HLAL's 0.50% expense ratio.
Risk-Adjusted Performance
HSUS.L vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC USA Sustainable Equity UCITS ETF USD (HSUS.L) and Wahed FTSE USA Shariah ETF (HLAL). 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
HSUS.L vs. HLAL - Dividend Comparison
HSUS.L has not paid dividends to shareholders, while HLAL's dividend yield for the trailing twelve months is around 0.69%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
HSUS.L HSBC USA Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HLAL Wahed FTSE USA Shariah ETF | 0.69% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% |
Drawdowns
HSUS.L vs. HLAL - Drawdown Comparison
The maximum HSUS.L drawdown since its inception was -24.35%, smaller than the maximum HLAL drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for HSUS.L and HLAL. For additional features, visit the drawdowns tool.
Volatility
HSUS.L vs. HLAL - Volatility Comparison
The current volatility for HSBC USA Sustainable Equity UCITS ETF USD (HSUS.L) is 3.23%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 4.11%. This indicates that HSUS.L experiences smaller price fluctuations and is considered to be less risky than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.