UWS.DE vs. HPJS.L
UWS.DE (Waste Management Inc) is a stock, while HPJS.L (HSBC MSCI Japan Climate Paris Aligned UCITS ETF) is Japan Equities fund tracking the TOPIX TR JPY. Over the past 3 years, UWS.DE returned 11.15%/yr vs 9.68%/yr for HPJS.L. At a 0.06 correlation, their price movements are largely independent.
Performance
UWS.DE vs. HPJS.L - Performance Comparison
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Different Trading Currencies
UWS.DE is traded in EUR, while HPJS.L is traded in GBP. To make them comparable, the HPJS.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UWS.DE achieves a 8.21% return, which is significantly lower than HPJS.L's 11.66% return.
UWS.DE
- 1D
- -0.59%
- 1M
- 4.59%
- 6M
- 8.17%
- YTD
- 8.21%
- 1Y
- 6.96%
- 3Y*
- 11.15%
- 5Y*
- 12.81%
- 10Y*
- 25.87%
HPJS.L
- 1D
- 2.50%
- 1M
- 2.57%
- 6M
- 5.84%
- YTD
- 11.66%
- 1Y
- 27.65%
- 3Y*
- 9.68%
- 5Y*
- —
- 10Y*
- —
UWS.DE vs. HPJS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UWS.DE Waste Management Inc | 8.21% | -1.36% | 22.88% | 10.34% | 2.66% | 6.99% |
HPJS.L HSBC MSCI Japan Climate Paris Aligned UCITS ETF | 11.66% | 8.99% | 3.24% | 12.23% | -19.38% | -25.72% |
Correlation
The correlation between UWS.DE and HPJS.L is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.06 |
The correlation between UWS.DE and HPJS.L shifts across timeframes, from -0.29 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UWS.DE vs. HPJS.L — Risk / Return Rank
UWS.DE
HPJS.L
UWS.DE vs. HPJS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management Inc (UWS.DE) and HSBC MSCI Japan Climate Paris Aligned UCITS ETF (HPJS.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.
| UWS.DE | HPJS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.26 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 0.98 | -0.58 |
| Martin ratioReturn relative to average drawdown | 0.81 | 1.46 | -0.65 |
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Drawdowns
UWS.DE vs. HPJS.L - Drawdown Comparison
The maximum UWS.DE drawdown since its inception was -30.02%, smaller than the maximum HPJS.L drawdown of -45.31%. Use the drawdown chart below to compare losses from any high point for UWS.DE and HPJS.L.
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Drawdown Indicators
| UWS.DE | HPJS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.02% | -45.31% | +15.29% |
Max Drawdown (1Y)Largest decline over 1 year | -16.63% | -27.25% | +10.62% |
Max Drawdown (3Y)Largest decline over 3 years | -23.10% | -27.25% | +4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -23.10% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.02% | — | — |
Current DrawdownCurrent decline from peak | -7.26% | -19.31% | +12.05% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -33.89% | +29.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.29% | 18.28% | -9.99% |
Volatility
UWS.DE vs. HPJS.L - Volatility Comparison
The current volatility for Waste Management Inc (UWS.DE) is 7.21%, while HSBC MSCI Japan Climate Paris Aligned UCITS ETF (HPJS.L) has a volatility of 7.74%. This indicates that UWS.DE experiences smaller price fluctuations and is considered to be less risky than HPJS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UWS.DE | HPJS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 7.74% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 17.67% | 16.43% | +1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.73% | 45.68% | -23.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.92% | 27.95% | -8.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.24% | 27.95% | +61.29% |
Dividends
UWS.DE vs. HPJS.L - Dividend Comparison
UWS.DE's dividend yield for the trailing twelve months is around 1.50%, while HPJS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HPJS.L HSBC MSCI Japan Climate Paris Aligned UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UWS.DE Waste Management Inc | 1.50% | 1.51% | 1.48% | 1.66% | 1.75% | 1.57% | 2.27% | 1.90% | 5.85% | 5.52% |
Frequently Asked Questions
UWS.DE and HPJS.L have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for UWS.DE and HPJS.L
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