IQQS.DE vs. H4ZA.DE
IQQS.DE (iShares EURO STOXX Small UCITS ETF) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - IQQS.DE tracks the EURO STOXX® Small while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, IQQS.DE returned 8.69%/yr vs 10.80%/yr for H4ZA.DE. Their correlation of 0.86 suggests significant overlap in exposure. IQQS.DE charges 0.40%/yr vs 0.05%/yr for H4ZA.DE.
Performance
IQQS.DE vs. H4ZA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQS.DE achieves a 9.12% return, which is significantly higher than H4ZA.DE's 7.24% return. Over the past 10 years, IQQS.DE has underperformed H4ZA.DE with an annualized return of 8.69%, while H4ZA.DE has yielded a comparatively higher 10.80% annualized return.
IQQS.DE
- 1D
- -0.02%
- 1M
- 1.19%
- YTD
- 9.12%
- 6M
- 11.76%
- 1Y
- 17.97%
- 3Y*
- 10.82%
- 5Y*
- 5.19%
- 10Y*
- 8.69%
H4ZA.DE
- 1D
- 0.77%
- 1M
- 1.94%
- YTD
- 7.24%
- 6M
- 8.59%
- 1Y
- 15.63%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
IQQS.DE vs. H4ZA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQS.DE iShares EURO STOXX Small UCITS ETF | 9.12% | 22.43% | -3.77% | 13.62% | -15.17% | 20.98% | 8.30% | 27.89% | -13.69% | 21.57% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
Correlation
The correlation between IQQS.DE and H4ZA.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.86 |
The correlation between IQQS.DE and H4ZA.DE has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
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Return for Risk
IQQS.DE vs. H4ZA.DE — Risk / Return Rank
IQQS.DE
H4ZA.DE
IQQS.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EURO STOXX Small UCITS ETF (IQQS.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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.
| IQQS.DE | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.18 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.43 | +0.12 |
| Martin ratioReturn relative to average drawdown | 5.98 | 4.85 | +1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQS.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.98 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.69 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.59 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.41 | -0.09 |
Drawdowns
IQQS.DE vs. H4ZA.DE - Drawdown Comparison
The maximum IQQS.DE drawdown since its inception was -64.56%, which is greater than H4ZA.DE's maximum drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for IQQS.DE and H4ZA.DE.
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Drawdown Indicators
| IQQS.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.56% | -38.41% | -26.15% |
Max Drawdown (1Y)Largest decline over 1 year | -11.79% | -10.97% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -16.08% | -16.40% | +0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | -23.26% | -4.91% |
Max Drawdown (10Y)Largest decline over 10 years | -35.03% | -38.41% | +3.38% |
Current DrawdownCurrent decline from peak | -1.05% | -0.50% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -7.84% | -7.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 3.24% | -0.20% |
Volatility
IQQS.DE vs. H4ZA.DE - Volatility Comparison
The current volatility for iShares EURO STOXX Small UCITS ETF (IQQS.DE) is 3.61%, while HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) has a volatility of 4.95%. This indicates that IQQS.DE experiences smaller price fluctuations and is considered to be less risky than H4ZA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQS.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 4.95% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.64% | 12.99% | -1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 15.99% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.30% | 17.50% | -1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 18.17% | -1.77% |
IQQS.DE vs. H4ZA.DE - Expense Ratio Comparison
IQQS.DE has a 0.40% expense ratio, which is higher than H4ZA.DE's 0.05% expense ratio.
Dividends
IQQS.DE vs. H4ZA.DE - Dividend Comparison
IQQS.DE's dividend yield for the trailing twelve months is around 2.40%, less than H4ZA.DE's 2.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
IQQS.DE iShares EURO STOXX Small UCITS ETF | 2.40% | 2.99% | 2.67% | 2.23% | 2.24% | 1.48% | 1.19% | 2.00% | 2.50% | 1.81% | 2.08% | 2.11% |
Frequently Asked Questions
IQQS.DE and H4ZA.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.40% for IQQS.DE.
IQQS.DE tracks EURO STOXX® Small, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.40% for IQQS.DE and 0.05% for H4ZA.DE.
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