UINC.L vs. HDIQ.L
UINC.L (First Trust US Equity Income UCITS ETF USD (Dist)) and HDIQ.L (iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)) are both exchange-traded funds - UINC.L is a Dividend fund tracking the Nasdaq US High Equity Income NTR Index, while HDIQ.L is a U.S. Equity Income fund tracking the MSCI USA High Dividend Yield Advanced Select Index. Both are passively managed. Over the past 10 years, UINC.L returned 10.20%/yr vs 10.44%/yr for HDIQ.L. A 0.76 correlation means they provide meaningful diversification when combined. UINC.L charges 0.55%/yr vs 0.35%/yr for HDIQ.L.
Performance
UINC.L vs. HDIQ.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UINC.L achieves a 20.06% return, which is significantly higher than HDIQ.L's 14.04% return. Both investments have delivered pretty close results over the past 10 years, with UINC.L having a 10.20% annualized return and HDIQ.L not far ahead at 10.44%.
UINC.L
- 1D
- 0.38%
- 1M
- 5.22%
- 6M
- 16.03%
- YTD
- 20.06%
- 1Y
- 25.86%
- 3Y*
- 14.48%
- 5Y*
- 10.77%
- 10Y*
- 10.20%
HDIQ.L
- 1D
- -0.16%
- 1M
- -0.73%
- 6M
- 11.08%
- YTD
- 14.04%
- 1Y
- 23.93%
- 3Y*
- 16.54%
- 5Y*
- 12.48%
- 10Y*
- 10.44%
UINC.L vs. HDIQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UINC.L First Trust US Equity Income UCITS ETF USD (Dist) | 20.06% | 0.01% | 8.49% | 10.78% | 4.24% | 34.94% | -2.77% | 12.59% | -3.41% | 5.05% |
HDIQ.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 14.04% | 8.74% | 17.34% | 8.04% | 4.90% | 23.47% | -3.34% | 17.58% | -0.65% | 6.76% |
Correlation
The correlation between UINC.L and HDIQ.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2016 | 0.76 |
Over the past year, the correlation between UINC.L and HDIQ.L has dropped to 0.44 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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
UINC.L vs. HDIQ.L — Risk / Return Rank
UINC.L
HDIQ.L
UINC.L vs. HDIQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust US Equity Income UCITS ETF USD (Dist) (UINC.L) and iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.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.
| UINC.L | HDIQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.44 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 4.71 | +0.35 |
| Martin ratioReturn relative to average drawdown | 14.26 | 16.04 | -1.78 |
Loading charts...
Drawdowns
UINC.L vs. HDIQ.L - Drawdown Comparison
The maximum UINC.L drawdown since its inception was -38.33%, smaller than the maximum HDIQ.L drawdown of -41.26%. Use the drawdown chart below to compare losses from any high point for UINC.L and HDIQ.L.
Loading charts...
Drawdown Indicators
| UINC.L | HDIQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.33% | -41.26% | +2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -5.06% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -23.09% | -18.80% | -4.29% |
Max Drawdown (5Y)Largest decline over 5 years | -23.09% | -18.80% | -4.29% |
Max Drawdown (10Y)Largest decline over 10 years | -38.33% | -24.46% | -13.87% |
Current DrawdownCurrent decline from peak | 0.00% | -1.68% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -8.59% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.49% | +0.32% |
Volatility
UINC.L vs. HDIQ.L - Volatility Comparison
First Trust US Equity Income UCITS ETF USD (Dist) (UINC.L) has a higher volatility of 3.93% compared to iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) at 2.86%. This indicates that UINC.L's price experiences larger fluctuations and is considered to be riskier than HDIQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UINC.L | HDIQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 2.86% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 7.57% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 10.13% | +2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 13.04% | +3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 14.25% | +5.33% |
UINC.L vs. HDIQ.L - Expense Ratio Comparison
UINC.L has a 0.55% expense ratio, which is higher than HDIQ.L's 0.35% expense ratio.
Dividends
UINC.L vs. HDIQ.L - Dividend Comparison
UINC.L's dividend yield for the trailing twelve months is around 2.74%, more than HDIQ.L's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDIQ.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 1.51% | 1.69% | 1.90% | 2.05% | 2.28% | 2.04% | 2.71% | 2.43% | 0.00% | 1.13% | 2.13% | 2.40% |
UINC.L First Trust US Equity Income UCITS ETF USD (Dist) | 2.74% | 3.03% | 2.84% | 3.20% | 3.25% | 2.15% | 3.40% | 3.14% | 3.01% | 2.49% | 1.60% | 0.00% |
Frequently Asked Questions
UINC.L and HDIQ.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HDIQ.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDIQ.L is cheaper with a 0.35% expense ratio, compared with 0.55% for UINC.L.
UINC.L is categorized as Dividend, while HDIQ.L is U.S. Equity Income. UINC.L tracks Nasdaq US High Equity Income NTR Index, while HDIQ.L tracks MSCI USA High Dividend Yield Advanced Select Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.55% for UINC.L and 0.35% for HDIQ.L.
Find the right allocation for UINC.L and HDIQ.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