SXR4.DE vs. HMUD.L
SXR4.DE (iShares MSCI USA UCITS ETF (Acc)) and HMUD.L (HSBC MSCI USA UCITS ETF) are both Large Cap Blend Equities funds - SXR4.DE tracks the MSCI USA while HMUD.L tracks the Russell 1000 TR USD. Both are passively managed. Over the past 10 years, SXR4.DE returned 14.76%/yr vs 14.34%/yr for HMUD.L. Their correlation of 0.83 suggests significant overlap in exposure. SXR4.DE charges 0.07%/yr vs 0.30%/yr for HMUD.L.
Performance
SXR4.DE vs. HMUD.L - Performance Comparison
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Different Trading Currencies
SXR4.DE is traded in EUR, while HMUD.L is traded in USD. To make them comparable, the HMUD.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SXR4.DE achieves a 11.29% return, which is significantly higher than HMUD.L's 10.22% return. Both investments have delivered pretty close results over the past 10 years, with SXR4.DE having a 14.76% annualized return and HMUD.L not far behind at 14.34%.
SXR4.DE
- 1D
- -0.10%
- 1M
- 4.53%
- YTD
- 11.29%
- 6M
- 10.68%
- 1Y
- 25.15%
- 3Y*
- 19.00%
- 5Y*
- 14.32%
- 10Y*
- 14.76%
HMUD.L
- 1D
- 0.68%
- 1M
- 4.92%
- YTD
- 10.22%
- 6M
- 9.50%
- 1Y
- 19.98%
- 3Y*
- 17.31%
- 5Y*
- 13.32%
- 10Y*
- 14.34%
SXR4.DE vs. HMUD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SXR4.DE iShares MSCI USA UCITS ETF (Acc) | 11.29% | 4.62% | 32.33% | 23.44% | -15.85% | 38.32% | 9.25% | 34.28% | -1.46% | 6.54% |
HMUD.L HSBC MSCI USA UCITS ETF | 10.22% | 0.38% | 33.32% | 23.64% | -15.28% | 36.89% | 10.77% | 33.43% | -1.29% | 6.62% |
Correlation
The correlation between SXR4.DE and HMUD.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2010 | 0.83 |
The correlation between SXR4.DE and HMUD.L has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.
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Return for Risk
SXR4.DE vs. HMUD.L — Risk / Return Rank
SXR4.DE
HMUD.L
SXR4.DE vs. HMUD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA UCITS ETF (Acc) (SXR4.DE) and HSBC MSCI USA UCITS ETF (HMUD.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.
| SXR4.DE | HMUD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 2.86 | +0.55 |
| Martin ratioReturn relative to average drawdown | 11.92 | 9.83 | +2.09 |
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
| SXR4.DE | HMUD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.70 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.83 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.86 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.91 | -0.13 |
Drawdowns
SXR4.DE vs. HMUD.L - Drawdown Comparison
The maximum SXR4.DE drawdown since its inception was -34.16%, roughly equal to the maximum HMUD.L drawdown of -33.81%. Use the drawdown chart below to compare losses from any high point for SXR4.DE and HMUD.L.
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Drawdown Indicators
| SXR4.DE | HMUD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.16% | -33.81% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.36% | -6.96% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -23.63% | -23.33% | -0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -23.63% | -23.33% | -0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -34.16% | -33.81% | -0.35% |
Current DrawdownCurrent decline from peak | -0.40% | 0.00% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -4.38% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.03% | +0.08% |
Volatility
SXR4.DE vs. HMUD.L - Volatility Comparison
iShares MSCI USA UCITS ETF (Acc) (SXR4.DE) and HSBC MSCI USA UCITS ETF (HMUD.L) have volatilities of 2.73% and 2.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SXR4.DE | HMUD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 2.83% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 7.68% | 8.20% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.70% | 11.71% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 16.07% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 16.77% | -0.54% |
SXR4.DE vs. HMUD.L - Expense Ratio Comparison
SXR4.DE has a 0.07% expense ratio, which is lower than HMUD.L's 0.30% expense ratio.
Dividends
SXR4.DE vs. HMUD.L - Dividend Comparison
SXR4.DE has not paid dividends to shareholders, while HMUD.L's dividend yield for the trailing twelve months is around 0.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMUD.L HSBC MSCI USA UCITS ETF | 0.91% | 0.95% | 0.82% | 0.97% | 1.07% | 0.78% | 1.11% | 1.22% | 1.45% | 1.24% | 1.43% | 1.43% |
SXR4.DE iShares MSCI USA UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SXR4.DE and HMUD.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR4.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR4.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for HMUD.L.
SXR4.DE tracks MSCI USA, while HMUD.L tracks Russell 1000 TR USD. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.07% for SXR4.DE and 0.30% for HMUD.L.
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