MEUD.L vs. HMEU.L
Compare and contrast key facts about Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and HSBC MSCI Europe UCITS ETF (HMEU.L).
MEUD.L and HMEU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEUD.L is a passively managed fund by Amundi that tracks the performance of the MSCI Europe NR EUR. It was launched on Apr 3, 2013. HMEU.L is a passively managed fund by HSBC that tracks the performance of the MSCI Europe NR EUR. It was launched on Jun 1, 2010. Both MEUD.L and HMEU.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: MEUD.L or HMEU.L.
Performance
MEUD.L vs. HMEU.L - Performance Comparison
Returns By Period
In the year-to-date period, MEUD.L achieves a 3.41% return, which is significantly lower than HMEU.L's 6.12% return. Both investments have delivered pretty close results over the past 10 years, with MEUD.L having a 7.48% annualized return and HMEU.L not far ahead at 7.73%.
MEUD.L
3.41%
-3.67%
-5.02%
8.14%
6.68%
7.48%
HMEU.L
6.12%
-3.73%
-3.16%
10.79%
7.31%
7.73%
Key characteristics
| MEUD.L | HMEU.L | |
|---|---|---|
| Sharpe Ratio | 0.79 | 1.07 |
| Sortino Ratio | 1.17 | 1.55 |
| Omega Ratio | 1.14 | 1.18 |
| Calmar Ratio | 1.26 | 1.95 |
| Martin Ratio | 3.36 | 5.47 |
| Ulcer Index | 2.40% | 1.96% |
| Daily Std Dev | 10.20% | 10.02% |
| Max Drawdown | -28.57% | -28.42% |
| Current Drawdown | -5.56% | -4.67% |
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MEUD.L vs. HMEU.L - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is lower than HMEU.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between MEUD.L and HMEU.L is 0.99, 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.
Risk-Adjusted Performance
MEUD.L vs. HMEU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and HSBC MSCI Europe UCITS ETF (HMEU.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
MEUD.L vs. HMEU.L - Dividend Comparison
MEUD.L has not paid dividends to shareholders, while HMEU.L's dividend yield for the trailing twelve months is around 5.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF 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% |
HMEU.L HSBC MSCI Europe UCITS ETF | 5.66% | 2.80% | 2.85% | 2.16% | 2.13% | 3.10% | 3.29% | 2.77% | 2.81% | 5.31% | 2.61% | 2.61% |
Drawdowns
MEUD.L vs. HMEU.L - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, roughly equal to the maximum HMEU.L drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for MEUD.L and HMEU.L. For additional features, visit the drawdowns tool.
Volatility
MEUD.L vs. HMEU.L - Volatility Comparison
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and HSBC MSCI Europe UCITS ETF (HMEU.L) have volatilities of 4.77% and 4.76%, 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.