SUSM.L vs. HEMC.L

Last updated Jun 8, 2026

SUSM.L (iShares MSCI EM SRI UCITS ETF USD (Acc)) and HEMC.L (HSBC MSCI Emerging Markets UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - SUSM.L tracks the MSCI EM SRI Select Reduced Fossil Fuel Index while HEMC.L tracks the MSCI EM NR USD. Both are passively managed. SUSM.L charges 0.25%/yr vs 0.15%/yr for HEMC.L.

Performance

SUSM.L vs. HEMC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) and HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SUSM.L is traded in USD, while HEMC.L is traded in GBP. To make them comparable, the HEMC.L values have been converted to USD using the latest available exchange rates.

Returns By Period

SUSM.L

• 1D: -0.98%
• 1M: -4.70%
• YTD: 10.99%
• 6M: 13.35%
• 1Y: 32.03%
• 3Y*: 15.03%
• 5Y*: 3.24%
• 10Y*: —

HEMC.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SUSM.L vs. HEMC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUSM.L

SUSM.L Risk / Return Rank: 56
SUSM.L Sharpe Ratio Rank: 55
SUSM.L Sortino Ratio Rank: 54
SUSM.L Omega Ratio Rank: 55
SUSM.L Calmar Ratio Rank: 58
SUSM.L Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUSM.L vs. HEMC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) and HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.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.

	SUSM.L	HEMC.L	Difference
Sharpe ratio: Return per unit of total volatility	1.69	—	—
Sortino ratio: Return per unit of downside risk	2.36	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.59	—	—
Martin ratio: Return relative to average drawdown	8.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SUSM.L	HEMC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Drawdowns

Drawdown Indicators

	SUSM.L	HEMC.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.77%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.54%	—	—
Current Drawdown Current decline from peak	-6.78%	—	—
Average Drawdown Average peak-to-trough decline	-13.90%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	—	—

Volatility

Volatility by Period

	SUSM.L	HEMC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.90%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.23%	—	—

SUSM.L vs. HEMC.L - Expense Ratio Comparison

SUSM.L has a 0.25% expense ratio, which is higher than HEMC.L's 0.15% 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

SUSM.L vs. HEMC.L - Dividend Comparison

Neither SUSM.L nor HEMC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, SUSM.L or HEMC.L?

On fees, HEMC.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SUSM.L or HEMC.L?

HEMC.L is cheaper with a 0.15% expense ratio, compared with 0.25% for SUSM.L.

What is the main difference between SUSM.L and HEMC.L?

SUSM.L tracks MSCI EM SRI Select Reduced Fossil Fuel Index, while HEMC.L tracks MSCI EM NR USD. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.25% for SUSM.L and 0.15% for HEMC.L.