MVEE.DE vs. H4ZZ.DE
MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) and H4ZZ.DE (HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)) are both Europe Equities funds - MVEE.DE tracks the MSCI Europe NR EUR while H4ZZ.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 3 years, MVEE.DE returned 8.72%/yr vs 15.64%/yr for H4ZZ.DE. Their correlation of 0.81 suggests significant overlap in exposure. MVEE.DE charges 0.25%/yr vs 0.05%/yr for H4ZZ.DE.
Performance
MVEE.DE vs. H4ZZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MVEE.DE achieves a 5.59% return, which is significantly lower than H4ZZ.DE's 7.20% return.
MVEE.DE
- 1D
- 0.56%
- 1M
- 0.01%
- YTD
- 5.59%
- 6M
- 7.14%
- 1Y
- 5.59%
- 3Y*
- 8.72%
- 5Y*
- 6.16%
- 10Y*
- —
H4ZZ.DE
- 1D
- 0.77%
- 1M
- 1.96%
- YTD
- 7.20%
- 6M
- 8.56%
- 1Y
- 15.62%
- 3Y*
- 15.64%
- 5Y*
- —
- 10Y*
- —
MVEE.DE vs. H4ZZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 5.59% | 8.72% | 8.82% | 12.50% | -4.44% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 7.20% | 22.35% | 10.99% | 22.53% | 9.82% |
Correlation
The correlation between MVEE.DE and H4ZZ.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2022 | 0.81 |
The correlation between MVEE.DE and H4ZZ.DE has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MVEE.DE vs. H4ZZ.DE — Risk / Return Rank
MVEE.DE
H4ZZ.DE
MVEE.DE vs. H4ZZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) and HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.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.
| MVEE.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.18 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.43 | -0.73 |
| Martin ratioReturn relative to average drawdown | 1.87 | 4.86 | -2.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MVEE.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.98 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 1.18 | -0.47 |
Drawdowns
MVEE.DE vs. H4ZZ.DE - Drawdown Comparison
The maximum MVEE.DE drawdown since its inception was -20.20%, which is greater than H4ZZ.DE's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for MVEE.DE and H4ZZ.DE.
Loading charts...
Drawdown Indicators
| MVEE.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.20% | -16.46% | -3.74% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -10.94% | +3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -12.13% | -16.46% | +4.33% |
Max Drawdown (5Y)Largest decline over 5 years | -20.20% | — | — |
Current DrawdownCurrent decline from peak | -2.23% | -0.53% | -1.70% |
Average DrawdownAverage peak-to-trough decline | -4.57% | -2.68% | -1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.23% | -0.31% |
Volatility
MVEE.DE vs. H4ZZ.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) is 3.51%, while HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.DE) has a volatility of 4.93%. This indicates that MVEE.DE experiences smaller price fluctuations and is considered to be less risky than H4ZZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MVEE.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 4.93% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 12.97% | -4.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.01% | 15.97% | -5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.11% | 15.85% | -3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.45% | 15.85% | -3.40% |
MVEE.DE vs. H4ZZ.DE - Expense Ratio Comparison
MVEE.DE has a 0.25% expense ratio, which is higher than H4ZZ.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MVEE.DE vs. H4ZZ.DE - Dividend Comparison
Neither MVEE.DE nor H4ZZ.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEE.DE and H4ZZ.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZZ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZZ.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for MVEE.DE.
MVEE.DE tracks MSCI Europe NR EUR, while H4ZZ.DE tracks EURO STOXX 50. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.25% for MVEE.DE and 0.05% for H4ZZ.DE.
Find the right allocation for MVEE.DE and H4ZZ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer