HXX.TO vs. HSBA.L
Compare and contrast key facts about Global X Europe 50 Index Corporate Class ETF (HXX.TO) and HSBC Holdings plc (HSBA.L).
HXX.TO is a passively managed fund by Global X that tracks the performance of the Solactive Europe 50 Rolling Future Index (Total Return). It was launched on Dec 6, 2016.
Performance
HXX.TO vs. HSBA.L - Performance Comparison
Loading graphics...
HXX.TO vs. HSBA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HXX.TO Global X Europe 50 Index Corporate Class ETF | -2.56% | 31.10% | 11.15% | 24.55% | -9.72% | 14.01% | 5.46% | 20.53% | -8.75% | 16.68% |
HSBA.L HSBC Holdings plc | 6.55% | 61.91% | 43.85% | 36.05% | 14.72% | 20.68% | -35.15% | -3.50% | -8.97% | 26.69% |
Different Trading Currencies
HXX.TO is traded in CAD, while HSBA.L is traded in GBp. To make them comparable, the HSBA.L values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HXX.TO achieves a -2.56% return, which is significantly lower than HSBA.L's 6.55% return.
HXX.TO
- 1D
- 3.65%
- 1M
- -7.63%
- YTD
- -2.56%
- 6M
- 0.36%
- 1Y
- 13.23%
- 3Y*
- 14.99%
- 5Y*
- 11.63%
- 10Y*
- —
HSBA.L
- 1D
- 1.03%
- 1M
- -9.87%
- YTD
- 6.55%
- 6M
- 18.92%
- 1Y
- 45.59%
- 3Y*
- 44.50%
- 5Y*
- 32.61%
- 10Y*
- 16.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HXX.TO vs. HSBA.L — Risk / Return Rank
HXX.TO
HSBA.L
HXX.TO vs. HSBA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Europe 50 Index Corporate Class ETF (HXX.TO) and HSBC Holdings plc (HSBA.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.
| HXX.TO | HSBA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 1.61 | -0.92 |
Sortino ratioReturn per unit of downside risk | 1.06 | 2.02 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.31 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 2.16 | -1.27 |
Martin ratioReturn relative to average drawdown | 3.19 | 8.14 | -4.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HXX.TO | HSBA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.61 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.31 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.48 | +0.09 |
Correlation
The correlation between HXX.TO and HSBA.L is 0.41, 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.
Dividends
HXX.TO vs. HSBA.L - Dividend Comparison
HXX.TO has not paid dividends to shareholders, while HSBA.L's dividend yield for the trailing twelve months is around 4.59%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HXX.TO Global X Europe 50 Index Corporate Class 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% |
HSBA.L HSBC Holdings plc | 4.59% | 4.29% | 7.16% | 6.80% | 4.11% | 3.54% | 0.00% | 6.79% | 5.83% | 5.18% | 5.79% | 6.12% |
Drawdowns
HXX.TO vs. HSBA.L - Drawdown Comparison
The maximum HXX.TO drawdown since its inception was -33.23%, smaller than the maximum HSBA.L drawdown of -60.19%. Use the drawdown chart below to compare losses from any high point for HXX.TO and HSBA.L.
Loading graphics...
Drawdown Indicators
| HXX.TO | HSBA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.23% | -61.74% | +28.51% |
Max Drawdown (1Y)Largest decline over 1 year | -13.34% | -19.23% | +5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -28.91% | -21.98% | -6.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.97% | — |
Current DrawdownCurrent decline from peak | -8.76% | -10.24% | +1.48% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -14.86% | +9.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 5.26% | -1.53% |
Volatility
HXX.TO vs. HSBA.L - Volatility Comparison
The current volatility for Global X Europe 50 Index Corporate Class ETF (HXX.TO) is 8.98%, while HSBC Holdings plc (HSBA.L) has a volatility of 10.67%. This indicates that HXX.TO experiences smaller price fluctuations and is considered to be less risky than HSBA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HXX.TO | HSBA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.98% | 10.67% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 20.46% | -7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 28.29% | -8.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.15% | 24.86% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 24.88% | -6.10% |