USCP.DE vs. 5HEE.DE

Last updated Jun 5, 2026

USCP.DE (Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR)) and 5HEE.DE (Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF (EUR)) are both Large Cap Blend Equities funds from Natixis - USCP.DE tracks the Shiller Barclays CAPE® US Sector Value while 5HEE.DE tracks the Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector. Both are passively managed. Over the past 5 years, USCP.DE returned 9.75%/yr vs 3.33%/yr for 5HEE.DE. Their correlation of 0.95 suggests significant overlap in exposure. USCP.DE charges 0.65%/yr vs 0.75%/yr for 5HEE.DE.

Performance

USCP.DE vs. 5HEE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) and Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF (EUR) (5HEE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USCP.DE achieves a 1.13% return, which is significantly higher than 5HEE.DE's -0.31% return.

USCP.DE

• 1D: 1.28%
• 1M: 0.56%
• YTD: 1.13%
• 6M: 2.00%
• 1Y: 5.12%
• 3Y*: 9.33%
• 5Y*: 9.75%
• 10Y*: 13.23%

5HEE.DE

• 1D: 1.23%
• 1M: 0.17%
• YTD: -0.31%
• 6M: 1.91%
• 1Y: 3.54%
• 3Y*: 1.44%
• 5Y*: 3.33%
• 10Y*: —

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

USCP.DE vs. 5HEE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
USCP.DE Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR)	1.13%	-3.26%	22.70%	25.56%	-10.80%	38.73%	7.54%	33.98%	-4.95%
5HEE.DE Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF (EUR)	-0.31%	-7.39%	10.30%	11.99%	-11.48%	32.30%	12.99%	34.06%	-3.75%

Correlation

The correlation between USCP.DE and 5HEE.DE is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 31, 2018	0.95

The correlation between USCP.DE and 5HEE.DE has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.

Return for Risk

USCP.DE vs. 5HEE.DE — Risk / Return Rank

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

USCP.DE

USCP.DE Risk / Return Rank: 18
USCP.DE Sharpe Ratio Rank: 17
USCP.DE Sortino Ratio Rank: 17
USCP.DE Omega Ratio Rank: 16
USCP.DE Calmar Ratio Rank: 18
USCP.DE Martin Ratio Rank: 20

5HEE.DE

5HEE.DE Risk / Return Rank: 14
5HEE.DE Sharpe Ratio Rank: 14
5HEE.DE Sortino Ratio Rank: 13
5HEE.DE Omega Ratio Rank: 13
5HEE.DE Calmar Ratio Rank: 15
5HEE.DE Martin Ratio Rank: 15

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.

USCP.DE vs. 5HEE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) and Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF (EUR) (5HEE.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.

	USCP.DE	5HEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.51	0.32	+0.19
Sortino ratio: Return per unit of downside risk	0.75	0.52	+0.23
Omega ratio: Gain probability vs. loss probability	1.09	1.06	+0.03
Calmar ratio: Return relative to maximum drawdown	0.72	0.51	+0.22
Martin ratio: Return relative to average drawdown	2.18	1.26	+0.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USCP.DE vs. 5HEE.DE - Sharpe Ratio Comparison

The current USCP.DE Sharpe Ratio is 0.51, which is higher than the 5HEE.DE Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of USCP.DE and 5HEE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	USCP.DE	5HEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.32	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.22	+0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.51	+0.23

Drawdowns

USCP.DE vs. 5HEE.DE - Drawdown Comparison

The maximum USCP.DE drawdown since its inception was -34.80%, which is greater than 5HEE.DE's maximum drawdown of -32.56%. Use the drawdown chart below to compare losses from any high point for USCP.DE and 5HEE.DE.

Drawdown Indicators

	USCP.DE	5HEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.80%	-32.56%	-2.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-6.95%	-0.09%
Max Drawdown (3Y) Largest decline over 3 years	-19.22%	-22.48%	+3.26%
Max Drawdown (5Y) Largest decline over 5 years	-19.22%	-22.48%	+3.26%
Max Drawdown (10Y) Largest decline over 10 years	-34.80%	—	—
Current Drawdown Current decline from peak	-7.42%	-11.85%	+4.43%
Average Drawdown Average peak-to-trough decline	-4.90%	-6.34%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.80%	-0.46%

Volatility

USCP.DE vs. 5HEE.DE - Volatility Comparison

Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) and Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF (EUR) (5HEE.DE) have volatilities of 3.16% and 3.31%, 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.

Volatility by Period

	USCP.DE	5HEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	3.31%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	7.23%	7.54%	-0.31%
Volatility (1Y) Calculated over the trailing 1-year period	10.00%	10.94%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.46%	14.91%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	16.90%	-0.79%

USCP.DE vs. 5HEE.DE - Expense Ratio Comparison

USCP.DE has a 0.65% expense ratio, which is lower than 5HEE.DE's 0.75% expense ratio.

Dividends

USCP.DE vs. 5HEE.DE - Dividend Comparison

Neither USCP.DE nor 5HEE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USCP.DE and 5HEE.DE in my portfolio?

USCP.DE and 5HEE.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USCP.DE or 5HEE.DE?

On fees, USCP.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USCP.DE or 5HEE.DE?

USCP.DE is cheaper with a 0.65% expense ratio, compared with 0.75% for 5HEE.DE.

What is the main difference between USCP.DE and 5HEE.DE?

USCP.DE tracks Shiller Barclays CAPE® US Sector Value, while 5HEE.DE tracks Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector. Their fees differ too: 0.65% for USCP.DE and 0.75% for 5HEE.DE.