PLX.DE vs. H4ZZ.DE
PLX.DE (Expat Poland WIG20 UCITS ETF) and H4ZZ.DE (HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)) are both Europe Equities funds - PLX.DE tracks the WIG20 Index while H4ZZ.DE tracks the EURO STOXX 50. Both are passively managed. Over the past year, PLX.DE returned 28.98% vs 20.11% for H4ZZ.DE. A 0.50 correlation means they provide meaningful diversification when combined. PLX.DE charges 1.38%/yr vs 0.05%/yr for H4ZZ.DE.
Performance
PLX.DE vs. H4ZZ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PLX.DE achieves a 17.82% return, which is significantly higher than H4ZZ.DE's 10.36% return.
PLX.DE
- 1D
- -0.19%
- 1M
- 2.77%
- 6M
- 14.98%
- YTD
- 17.82%
- 1Y
- 28.98%
- 3Y*
- 21.26%
- 5Y*
- 7.28%
- 10Y*
- —
H4ZZ.DE
- 1D
- -0.19%
- 1M
- 0.80%
- 6M
- 6.42%
- YTD
- 10.36%
- 1Y
- 20.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLX.DE vs. H4ZZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLX.DE Expat Poland WIG20 UCITS ETF | 17.82% | 38.63% | -8.93% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 10.36% | 22.35% | -2.42% |
Correlation
The correlation between PLX.DE and H4ZZ.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2024 | 0.50 |
The correlation between PLX.DE and H4ZZ.DE has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.
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Return for Risk
PLX.DE vs. H4ZZ.DE — Risk / Return Rank
PLX.DE
H4ZZ.DE
PLX.DE vs. H4ZZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Poland WIG20 UCITS ETF (PLX.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.
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.
| PLX.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 1.83 | +0.71 |
| Martin ratioReturn relative to average drawdown | 7.44 | 6.40 | +1.03 |
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Drawdowns
PLX.DE vs. H4ZZ.DE - Drawdown Comparison
The maximum PLX.DE drawdown since its inception was -60.63%, 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 PLX.DE and H4ZZ.DE.
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Drawdown Indicators
| PLX.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.63% | -16.46% | -44.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -10.94% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -18.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -55.50% | — | — |
Current DrawdownCurrent decline from peak | -0.19% | -2.21% | +2.02% |
Average DrawdownAverage peak-to-trough decline | -22.59% | -2.63% | -19.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 3.13% | +0.66% |
Volatility
PLX.DE vs. H4ZZ.DE - Volatility Comparison
Expat Poland WIG20 UCITS ETF (PLX.DE) has a higher volatility of 5.22% compared to HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.DE) at 4.01%. This indicates that PLX.DE's price experiences larger fluctuations and is considered to be riskier than H4ZZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLX.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 4.01% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 19.40% | 13.41% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.60% | 16.07% | +8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.88% | 16.76% | +11.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.16% | 16.76% | +9.40% |
PLX.DE vs. H4ZZ.DE - Expense Ratio Comparison
PLX.DE has a 1.38% expense ratio, which is higher than H4ZZ.DE's 0.05% expense ratio.
Dividends
PLX.DE vs. H4ZZ.DE - Dividend Comparison
Neither PLX.DE nor H4ZZ.DE has paid dividends to shareholders.
Frequently Asked Questions
PLX.DE and H4ZZ.DE have a correlation of 0.46, 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 1.38% for PLX.DE.
PLX.DE tracks WIG20 Index, while H4ZZ.DE tracks EURO STOXX 50. They also come from different issuers: Expat and HSBC. Their fees differ too: 1.38% for PLX.DE and 0.05% for H4ZZ.DE.
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