LGQM.DE vs. H41E.DE
LGQM.DE (Amundi Pan Africa UCITS ETF (Acc)) and H41E.DE (HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - LGQM.DE tracks the SGI Pan Africa Index while H41E.DE tracks the MSCI Emerging Markets Value SRI ESG Target Select. Both are passively managed. Over the past 3 years, LGQM.DE returned 18.21%/yr vs 26.60%/yr for H41E.DE. At a 0.49 correlation, their price movements are largely independent. LGQM.DE charges 0.85%/yr vs 0.35%/yr for H41E.DE.
Performance
LGQM.DE vs. H41E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LGQM.DE achieves a 1.72% return, which is significantly lower than H41E.DE's 36.54% return.
LGQM.DE
- 1D
- 2.07%
- 1M
- -0.87%
- 6M
- 1.37%
- YTD
- 1.72%
- 1Y
- 34.79%
- 3Y*
- 18.21%
- 5Y*
- 10.34%
- 10Y*
- 5.74%
H41E.DE
- 1D
- 0.00%
- 1M
- -3.57%
- 6M
- 33.19%
- YTD
- 36.54%
- 1Y
- 60.16%
- 3Y*
- 26.60%
- 5Y*
- —
- 10Y*
- —
LGQM.DE vs. H41E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LGQM.DE Amundi Pan Africa UCITS ETF (Acc) | 1.72% | 51.40% | 12.14% | -3.16% | -3.28% |
H41E.DE HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) | 36.54% | 22.02% | 17.74% | 11.43% | -2.13% |
Correlation
The correlation between LGQM.DE and H41E.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2022 | 0.49 |
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Return for Risk
LGQM.DE vs. H41E.DE — Risk / Return Rank
LGQM.DE
H41E.DE
LGQM.DE vs. H41E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Pan Africa UCITS ETF (Acc) (LGQM.DE) and HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) (H41E.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LGQM.DE | H41E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.54 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 6.17 | -4.38 |
| Martin ratioReturn relative to average drawdown | 4.45 | 19.26 | -14.81 |
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Drawdowns
LGQM.DE vs. H41E.DE - Drawdown Comparison
The maximum LGQM.DE drawdown since its inception was -61.98%, which is greater than H41E.DE's maximum drawdown of -20.92%. Use the drawdown chart below to compare losses from any high point for LGQM.DE and H41E.DE.
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Drawdown Indicators
| LGQM.DE | H41E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.98% | -20.92% | -41.06% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -9.80% | -9.62% |
Max Drawdown (3Y)Largest decline over 3 years | -19.42% | -20.92% | +1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.35% | — | — |
Current DrawdownCurrent decline from peak | -11.27% | -8.20% | -3.07% |
Average DrawdownAverage peak-to-trough decline | -26.95% | -3.13% | -23.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 3.13% | +4.67% |
Volatility
LGQM.DE vs. H41E.DE - Volatility Comparison
Amundi Pan Africa UCITS ETF (Acc) (LGQM.DE) has a higher volatility of 10.16% compared to HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) (H41E.DE) at 9.36%. This indicates that LGQM.DE's price experiences larger fluctuations and is considered to be riskier than H41E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGQM.DE | H41E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 9.36% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 27.65% | 16.87% | +10.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.05% | 19.74% | +12.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.74% | 16.62% | +7.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 16.62% | +6.50% |
LGQM.DE vs. H41E.DE - Expense Ratio Comparison
LGQM.DE has a 0.85% expense ratio, which is higher than H41E.DE's 0.35% expense ratio.
Dividends
LGQM.DE vs. H41E.DE - Dividend Comparison
Neither LGQM.DE nor H41E.DE has paid dividends to shareholders.
Frequently Asked Questions
LGQM.DE and H41E.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H41E.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H41E.DE is cheaper with a 0.35% expense ratio, compared with 0.85% for LGQM.DE.
LGQM.DE tracks SGI Pan Africa Index, while H41E.DE tracks MSCI Emerging Markets Value SRI ESG Target Select. They also come from different issuers: Amundi and HSBC. Their fees differ too: 0.85% for LGQM.DE and 0.35% for H41E.DE.
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