HSXJ.L vs. XDEQ.L
Compare and contrast key facts about HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF USD (HSXJ.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L).
HSXJ.L and XDEQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSXJ.L is a passively managed fund by HSBC that tracks the performance of the MSCI AC Asia Pac Ex JPN NR USD. It was launched on Aug 20, 2020. XDEQ.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 11, 2014. Both HSXJ.L and XDEQ.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: HSXJ.L or XDEQ.L.
Key characteristics
| HSXJ.L | XDEQ.L | |
|---|---|---|
| YTD Return | 7.58% | 13.12% |
| 1Y Return | 9.43% | 20.86% |
| 3Y Return (Ann) | 0.41% | 9.26% |
| Sharpe Ratio | 0.27 | 1.78 |
| Daily Std Dev | 33.22% | 11.35% |
| Max Drawdown | -25.60% | -23.79% |
| Current Drawdown | -12.59% | -2.60% |
Correlation
The correlation between HSXJ.L and XDEQ.L is 0.71, 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
HSXJ.L vs. XDEQ.L - Performance Comparison
In the year-to-date period, HSXJ.L achieves a 7.58% return, which is significantly lower than XDEQ.L's 13.12% 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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HSXJ.L vs. XDEQ.L - Expense Ratio Comparison
Both HSXJ.L and XDEQ.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%.
Risk-Adjusted Performance
HSXJ.L vs. XDEQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF USD (HSXJ.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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
HSXJ.L vs. XDEQ.L - Dividend Comparison
Neither HSXJ.L nor XDEQ.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HSXJ.L HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% |
Drawdowns
HSXJ.L vs. XDEQ.L - Drawdown Comparison
The maximum HSXJ.L drawdown since its inception was -25.60%, which is greater than XDEQ.L's maximum drawdown of -23.79%. Use the drawdown chart below to compare losses from any high point for HSXJ.L and XDEQ.L. For additional features, visit the drawdowns tool.
Volatility
HSXJ.L vs. XDEQ.L - Volatility Comparison
HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF USD (HSXJ.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) have volatilities of 4.52% and 4.31%, 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.