LMWE.DE vs. H4Z7.DE
LMWE.DE (Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR)) and H4Z7.DE (HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc)) are both REIT funds tracking the FTSE EPRA/NAREIT Developed, from Amundi and HSBC respectively. Both are passively managed. Over the past 3 years, LMWE.DE returned 4.39%/yr vs 6.21%/yr for H4Z7.DE. Their correlation of 0.90 suggests significant overlap in exposure. LMWE.DE charges 0.45%/yr vs 0.24%/yr for H4Z7.DE.
Performance
LMWE.DE vs. H4Z7.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with LMWE.DE having a 7.51% return and H4Z7.DE slightly higher at 7.83%.
LMWE.DE
- 1D
- -0.04%
- 1M
- -2.48%
- YTD
- 7.51%
- 6M
- 7.23%
- 1Y
- 9.11%
- 3Y*
- 4.39%
- 5Y*
- 0.78%
- 10Y*
- 2.38%
H4Z7.DE
- 1D
- -0.12%
- 1M
- -2.61%
- YTD
- 7.83%
- 6M
- 7.26%
- 1Y
- 9.73%
- 3Y*
- 6.21%
- 5Y*
- —
- 10Y*
- —
LMWE.DE vs. H4Z7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 7.51% | -2.27% | 4.83% | 3.20% | -13.32% |
H4Z7.DE HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) | 7.83% | -1.78% | 5.80% | 7.39% | -13.07% |
Correlation
The correlation between LMWE.DE and H4Z7.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022 | 0.90 |
The correlation between LMWE.DE and H4Z7.DE has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.
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Return for Risk
LMWE.DE vs. H4Z7.DE — Risk / Return Rank
LMWE.DE
H4Z7.DE
LMWE.DE vs. H4Z7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.DE) and HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) (H4Z7.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.
| LMWE.DE | H4Z7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.23 | +0.01 |
| Martin ratioReturn relative to average drawdown | 3.96 | 3.99 | -0.03 |
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
| LMWE.DE | H4Z7.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.86 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.08 | +0.33 |
Drawdowns
LMWE.DE vs. H4Z7.DE - Drawdown Comparison
The maximum LMWE.DE drawdown since its inception was -42.37%, which is greater than H4Z7.DE's maximum drawdown of -26.78%. Use the drawdown chart below to compare losses from any high point for LMWE.DE and H4Z7.DE.
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Drawdown Indicators
| LMWE.DE | H4Z7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.37% | -26.78% | -15.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.88% | -7.86% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -20.47% | -20.13% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -30.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.37% | — | — |
Current DrawdownCurrent decline from peak | -11.34% | -2.86% | -8.48% |
Average DrawdownAverage peak-to-trough decline | -10.67% | -11.53% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 2.42% | 0.00% |
Volatility
LMWE.DE vs. H4Z7.DE - Volatility Comparison
Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.DE) and HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) (H4Z7.DE) have volatilities of 2.75% and 2.87%, 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.
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Volatility by Period
| LMWE.DE | H4Z7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 2.87% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 8.23% | 8.56% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 11.25% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 14.42% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 14.42% | +2.52% |
LMWE.DE vs. H4Z7.DE - Expense Ratio Comparison
LMWE.DE has a 0.45% expense ratio, which is higher than H4Z7.DE's 0.24% expense ratio.
Dividends
LMWE.DE vs. H4Z7.DE - Dividend Comparison
LMWE.DE's dividend yield for the trailing twelve months is around 2.42%, while H4Z7.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4Z7.DE HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 2.42% | 2.61% | 3.75% | 0.00% | 4.18% | 2.22% | 3.76% | 3.37% | 3.76% | 3.44% | 3.65% | 4.01% |
Frequently Asked Questions
With a correlation of 0.91, LMWE.DE and H4Z7.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H4Z7.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4Z7.DE is cheaper with a 0.24% expense ratio, compared with 0.45% for LMWE.DE.
Both ETFs track FTSE EPRA/NAREIT Developed. They also come from different issuers: Amundi and HSBC. Their fees differ too: 0.45% for LMWE.DE and 0.24% for H4Z7.DE.
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