MVEA.L vs. HIUS.L
MVEA.L (iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF) and HIUS.L (HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating) are both Large Cap Blend Equities funds - MVEA.L tracks the Russell 1000 TR USD while HIUS.L tracks the MSCI USA Islamic ESG Universal Screened Select Index. Both are passively managed. Over the past 3 years, MVEA.L returned 6.81%/yr vs 19.10%/yr for HIUS.L. A 0.60 correlation means they provide meaningful diversification when combined. MVEA.L charges 0.20%/yr vs 0.30%/yr for HIUS.L.
Performance
MVEA.L vs. HIUS.L - Performance Comparison
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Returns By Period
In the year-to-date period, MVEA.L achieves a 1.73% return, which is significantly lower than HIUS.L's 27.34% return.
MVEA.L
- 1D
- 0.03%
- 1M
- 3.05%
- YTD
- 1.73%
- 6M
- 1.61%
- 1Y
- 3.60%
- 3Y*
- 6.81%
- 5Y*
- 7.01%
- 10Y*
- —
HIUS.L
- 1D
- -0.76%
- 1M
- 14.96%
- YTD
- 27.34%
- 6M
- 27.08%
- 1Y
- 49.89%
- 3Y*
- 19.10%
- 5Y*
- —
- 10Y*
- —
MVEA.L vs. HIUS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MVEA.L iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 1.73% | -2.72% | 14.94% | 6.35% | -1.41% |
HIUS.L HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating | 27.34% | 10.31% | 9.54% | 23.06% | -3.81% |
Correlation
The correlation between MVEA.L and HIUS.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2022 | 0.60 |
Over the past year, the correlation between MVEA.L and HIUS.L has dropped to 0.34 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
MVEA.L vs. HIUS.L — Risk / Return Rank
MVEA.L
HIUS.L
MVEA.L vs. HIUS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) and HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating (HIUS.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.
| MVEA.L | HIUS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.03 | ||
| Sortino ratioReturn per unit of downside risk | -3.90 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.60 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 7.20 | -6.54 |
| Martin ratioReturn relative to average drawdown | 1.64 | 20.58 | -18.94 |
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
| MVEA.L | HIUS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 3.44 | -3.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 1.18 | -0.56 |
Drawdowns
MVEA.L vs. HIUS.L - Drawdown Comparison
The maximum MVEA.L drawdown since its inception was -14.36%, smaller than the maximum HIUS.L drawdown of -25.20%. Use the drawdown chart below to compare losses from any high point for MVEA.L and HIUS.L.
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Drawdown Indicators
| MVEA.L | HIUS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.36% | -25.20% | +10.84% |
Max Drawdown (1Y)Largest decline over 1 year | -5.43% | -6.86% | +1.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.36% | -25.20% | +10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -14.36% | — | — |
Current DrawdownCurrent decline from peak | -6.95% | -0.76% | -6.19% |
Average DrawdownAverage peak-to-trough decline | -4.43% | -3.87% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 2.41% | -0.22% |
Volatility
MVEA.L vs. HIUS.L - Volatility Comparison
The current volatility for iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) is 2.87%, while HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating (HIUS.L) has a volatility of 5.46%. This indicates that MVEA.L experiences smaller price fluctuations and is considered to be less risky than HIUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVEA.L | HIUS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 5.46% | -2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 6.11% | 10.84% | -4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.60% | 14.36% | -5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.61% | 15.67% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.94% | 15.67% | -3.73% |
MVEA.L vs. HIUS.L - Expense Ratio Comparison
MVEA.L has a 0.20% expense ratio, which is lower than HIUS.L's 0.30% expense ratio.
Dividends
MVEA.L vs. HIUS.L - Dividend Comparison
Neither MVEA.L nor HIUS.L has paid dividends to shareholders.
Frequently Asked Questions
MVEA.L and HIUS.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEA.L is cheaper with a 0.20% expense ratio, compared with 0.30% for HIUS.L.
MVEA.L tracks Russell 1000 TR USD, while HIUS.L tracks MSCI USA Islamic ESG Universal Screened Select Index. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.20% for MVEA.L and 0.30% for HIUS.L.
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