R1GR.L vs. HKOD.L
R1GR.L (iShares Russell 1000 Growth UCITS ETF) and HKOD.L (HSBC MSCI KOREA CAPPED UCITS ETF) are both Global Equities funds - R1GR.L tracks the iShares Russell 1000 Growth UCITS ETF while HKOD.L tracks the HSBC MSCI KOREA CAPPED UCITS ETF. Both are passively managed. Over the past 3 years, R1GR.L returned 20.56%/yr vs 37.85%/yr for HKOD.L. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
R1GR.L vs. HKOD.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, R1GR.L achieves a 3.02% return, which is significantly lower than HKOD.L's 70.37% return.
R1GR.L
- 1D
- -0.21%
- 1M
- -1.39%
- 6M
- 4.77%
- YTD
- 3.02%
- 1Y
- 13.82%
- 3Y*
- 20.56%
- 5Y*
- —
- 10Y*
- —
HKOD.L
- 1D
- -1.67%
- 1M
- -20.60%
- 6M
- 52.67%
- YTD
- 70.37%
- 1Y
- 138.83%
- 3Y*
- 37.85%
- 5Y*
- 14.71%
- 10Y*
- 14.34%
R1GR.L vs. HKOD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
R1GR.L iShares Russell 1000 Growth UCITS ETF | 3.02% | 17.39% | 34.17% | 10.92% |
HKOD.L HSBC MSCI KOREA CAPPED UCITS ETF | 70.37% | 99.54% | -22.90% | 7.19% |
Correlation
The correlation between R1GR.L and HKOD.L is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.54 |
The correlation between R1GR.L and HKOD.L has been stable across timeframes, ranging from 0.53 to 0.55 - 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
R1GR.L vs. HKOD.L — Risk / Return Rank
R1GR.L
HKOD.L
R1GR.L vs. HKOD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Growth UCITS ETF (R1GR.L) and HSBC MSCI KOREA CAPPED UCITS ETF (HKOD.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.
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.
| R1GR.L | HKOD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.45 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 5.77 | -4.84 |
| Martin ratioReturn relative to average drawdown | 2.86 | 17.93 | -15.07 |
Loading charts...
Drawdowns
R1GR.L vs. HKOD.L - Drawdown Comparison
The maximum R1GR.L drawdown since its inception was -23.18%, smaller than the maximum HKOD.L drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for R1GR.L and HKOD.L.
Loading charts...
Drawdown Indicators
| R1GR.L | HKOD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.18% | -50.54% | +27.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.74% | -24.00% | +8.26% |
Max Drawdown (3Y)Largest decline over 3 years | -23.18% | -29.48% | +6.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.54% | — |
Current DrawdownCurrent decline from peak | -4.75% | -24.00% | +19.25% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -18.79% | +15.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 7.75% | -2.59% |
Volatility
R1GR.L vs. HKOD.L - Volatility Comparison
The current volatility for iShares Russell 1000 Growth UCITS ETF (R1GR.L) is 5.51%, while HSBC MSCI KOREA CAPPED UCITS ETF (HKOD.L) has a volatility of 20.20%. This indicates that R1GR.L experiences smaller price fluctuations and is considered to be less risky than HKOD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| R1GR.L | HKOD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 20.20% | -14.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.74% | 41.23% | -28.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.55% | 45.10% | -28.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 29.74% | -11.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 26.96% | -8.93% |
Dividends
R1GR.L vs. HKOD.L - Dividend Comparison
R1GR.L has not paid dividends to shareholders, while HKOD.L's dividend yield for the trailing twelve months is around 0.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HKOD.L HSBC MSCI KOREA CAPPED UCITS ETF | 0.43% | 0.68% | 1.54% | 1.08% | 0.72% | 0.61% | 0.02% | 0.29% | 0.56% | 0.10% |
R1GR.L iShares Russell 1000 Growth UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
R1GR.L and HKOD.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
R1GR.L tracks iShares Russell 1000 Growth UCITS ETF, while HKOD.L tracks HSBC MSCI KOREA CAPPED UCITS ETF. They also come from different issuers: iShares and HSBC.
Find the right allocation for R1GR.L and HKOD.L
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